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Category: Economy

buhari and osinbajo

Buhari’s Administration Will Support Private Sector Initiatives To Build Nigeria’s Economy – Osinbajo

President Muhammadu Buhari is keen on actively encouraging private sector initiatives that can build the Nigerian economy, Vice President Yemi Osinbajo has stated. He...

Finance Minister Kemi Adeosun

States Will Not Get Bailout If Monthly Allocation Exceeds N500bn – Adeosun

The Minister of Finance, Kemi Adeosun, has announced that the monthly disbursement of the N90bn conditional loan facility to state governments announced by the Federal...

osibanjo

No Country Can Move Forward Without Consensus – Osinbajo

Vice President Yemi Osinbajo has again harped on the significant role elites play in the development Nigeria, urging them to build consensus on national matters....

Finance Minister Kemi Adeosun

Activities Of Niger Delta Militants Reduced FG’s Revenue By N16.2bn In May – Minister Of Finance, Adeosun

Finance Minister, Kemi Adeosun, has declared that activities of the Niger Delta militants reduced government revenue by $57.88m in May. Adeosun made the disclosure at...

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OPEC Urges Nigeria To Sustain Ongoing Energy Reforms

The Organisation of Petroleum Exporting Countries (OPEC) has urged Nigeria to sustain its ongoing energy reforms in order to succeed in transforming the country. The...

nigerian map

Nigerian Economic Hardship Seriously Affecting State Governments – Gov. Amosun

The Ogun State Governor, Ibikunle Amosun, has declared that the current economic hardship in the country was seriously affecting the states. Amosun made the declaration...

el rufai

State Govts Seeking $3.25bn Loan From World Bank Because We Are Broke – El-Rufai

The Kaduna State Governor, Mallam Nasir El-Rufai yesterday declared that state governments in the country were broke. This was as he disclosed that governors of the 36...

okorocha

We Did Not Misappropriate Bailout Fund, Say Okorocha

The Imo State government has denied report that it misappropriated the bailout fund given to the state by the federal government. In a release made available to newsmen,...

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N/West Govs Move To Improve Regional Development

The North West Governors Forum in collaboration with Arewa Research and Development Project (ARDP) have worked out modalities to expedite development in the zone....

lai mohammed

FG To Bring Culture, Tourism Sectors Into Mainstream Of Economy – Minister

The Federal Government has identified arts, culture and tourism among the sectors that would form the mainstream of its economic diversification programmes. The Minister...

oil theft ll

Oil Hits Four-Month High, Now $42 Per Barrel

Brent crude prices rose to a four-month high on Monday as a rally in wider commodities markets encouraged buying ahead of a meeting of oil producers in Doha next Sunday....

ameachi

How Calabar-Lagos Rail Project Was Left Out Of Budget

More facts have emerged on how the funds proposed for the Calabar-Lagos railway project in the 2016 budget estimates were taken out of the Appropriation Bill by the...

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