‘Sanusi said Nigeria’s economy has been tied to the oil and gas sector and subsidy removal is fast mitigating the economy’s growth’ The deposed Emir of Kano and vice chairman, Kaduna Investment Promotion Agency, Lamido Sanusi, has expressed his compassion for the successor of President Muhammadu Buhari due to the perceived depleted state of the
Read more
The Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami (SAN) has said that his ministry has played a critical role in rescuing the nation’s economy from total collapse. The attorney-general also said the ministry has also aided the fight against the twin malaise of insecurity and corruption. The minister stated this
Read more
The Delta State Governor, Dr. Ifeanyi Okowa says rising hunger and poverty in the country was caused by poor management of the nation’s economy by ruling All Progressives Congress (APC). Okowa who also the vice presidential candidate of Peoples Democratic Party (PDP), said Nigeria was troubled because people were hungry and out of job due
Read more
The Central Bank of Nigeria (CBN) has introduced a special bill to mop up excess liquidity (idle cash) in the economy. Announcing the introduction of the special bills, Bello Hassan Director of Banking Supervision Department, CBN, said that the bills will be 90Days tenor and will be issued at zero-coupon. He said: “The Central Bank
Read more
Governors of the 36 states in the country will meet on Wednesday to review the current security situation in the land. The Head of Media and Public Affairs, Nigeria Governors’ Forum (NGF) Abdulrazaque Bello-Barkindo, disclosed this in a statement on Monday night. The statement read: “The 22nd NGF Teleconference meeting will hold on Wednesday, 2nd
Read more
President Muhammadu Buhari has urged agencies involved in agriculture to include youth in driving modern methods of farming. The president stated this in Abuja on Tuesday when he inaugurated the National Young Farmers Scheme designed by the National Agricultural Land Development Authority (NALDA) to elicit more youth interest in farming. He assured all those interested
Read more
The Senate has called on stakeholders in the country not to kill the Nation’s economy with the adopted European style of fighting the Coronavirus, COVID -19 pandemic. The Senate raised the alarm yesterday against the backdrop of the imported idea of fighting COVID -19. Speaking during an interactive session between the Senate Committees on Aviation
Read more
By: Kelechi Deca Abuja, Nigeria, The Nigeria Natural Resource Charter (NNRC) is a not-for-profit policy institute committed to supporting Nigeria’s effective management of her natural resources for public good. As the covid-19 health crisis persists, attempts to curb the spread of the disease continue to significantly affect global revenues and resources. The universal measures of
Read more
In Nigeria, the Peoples Democratic Party (PDP) on Monday said the regime of President Muhammadu Buhari, could not proffer solutions to Nigeria’s dwindling foreign exchange reserves and other socio-economic and political challenges of the country. The reports from Central Bank of Nigeria indicated that Nigeria’s foreign exchange reserves dipped to $38.684bn in December from $39.8bn
Read more
Chief Kunle Kalejaye, a Senior Advocate of Nigeria has tasked President Muhammadu Buhari, to prioritize investment in agriculture to reduce hunger and fast-track economic prosperity. Kalejaye, said this while speaking with journalists at the ‘2019 Christmas Carols of the Nine Lesson’ held in Ibadan, the Oyo State capital. He expressed worries over the rate of
Read more