•Stakeholders seek expansion The Nigerian Content Development and Monitoring Board (NCDMB) yesterday said that local content in the oil and gas sector would hit 70 per cent, with hope that it would help the government to save $10 billion yearly. At the 12th edition of the HSSE Forum, which focused on “Nigerian Content Development: Facing […]
Economy doing better than projected, says Ahmed The Federal Government has approved the Proceeds of Crime Recovery and Management Agency Bill to be transmitted to the National Assembly for legislative sanction. Minister of Justice and Attorney General of the Federation (AGF), Abubakar Malami, disclosed this to State House correspondents yesterday after a virtual Federal Executive […]
Oyo has announced September 28 reopening date for public and private higher institutions in the state. The new development follows an earlier directive on reopening of primary and secondary schools slated for Monday September 21. The directive was contained in a statement by Commissioner of Education, Science and Technology Olasunkanmi Olaleye on Tuesday. According to […]
50m Africans may fall below poverty line by year-end President Muhammadu Buhari has justified his administration’s borrowing to finance infrastructure, asserting that government took loans in the interest of the country. Speaking yesterday at a virtual meeting with members of the Presidential Economic Advisory Council (PEAC) at the State House, Abuja, President Buhari stated that […]
50m Africans may fall below poverty line by year-end President Muhammadu Buhari has justified his administration’s borrowing to finance infrastructure, asserting that government took loans in the interest of the country. Speaking yesterday at a virtual meeting with members of the Presidential Economic Advisory Council (PEAC) at the State House, Abuja, President Buhari stated that […]
• CBN urges banks to explore agric sector gaps President Muhammadu Buhari has expressed confidence that the economy would bounce back strongly, given the right policy responses to the uncertainties created by the coronavirus disease (COVID-19) pandemic. He said that since the government could not wait for things to get better on their own, it […]
Several Nigerian lawyers have registered their discontent over the decision of the leadership of the Nigerian Bar Association (NBA) to include Governor Nasir El-Rufai as a guest speaker in the association’s forthcoming annual general conference. Mr El-Rufai, the Kaduna State governor, is one of the speakers at the conference which holds August 26-29. He is […]
The consumer price index (CPI) which measures inflation increased by 13.22 percent (year-on-year) in August 2020. This is 0.40 percent points higher than the rate recorded in July 2020 (12.82 percent), the National Bureau of Statistics said in a Report just released The increases were driven by food, border closure and energy prices . The […]
POULTRY Association of Nigeria (PAN) has urged the Federal Government to encourage private sector investments in agriculture by pegging interest rate on borrowing at a maximum of three per cent. The association also urged the government to allow free duty charge for the importation of poultry machines that are not produced locally rather than the […]
The National Assembly on Friday postponed resumption of plenary sessions by two weeks. The Acting Clerk to the National Assembly, Arc. Olatunde Ojo, in a statement in Abuja, said lawmakers would now resume on Tuesday 29th September, 2020. It will be recalled that the Senate and the House of Representatives had on Thursday July 23, […]
The Federal Government has declared Sept. 16 as National Identity Day and has supported the enrolment of Nigerians for Digital Identity (ID) across the country. Dr Isa Pantami, Minister of Communications and Digital Economy, said this in a statement signed by Mrs Uwa Suleiman, his spokesperson on Tuesday, in Abuja. Pantami reminded Nigerians of the […]
With few weeks to the gubernatorial elections in Edo and Ondo States, stakeholders have expressed worry over the political tension in both states which has aggravated in recent days. They have subsequently urged the politicians and their political parties to tread cautiously in order not to plunge the states into anarchy. Join Marshall Anthoni Ononye […]