Lai Mohammed, minister of information, says the Buhari administration has succeeded in nursing Nigeria’s “very sick economy”.
Mr Taiwo Oyedele, a tax expert, says only tax incentives to industries without addressing other challenges will not bring about the desired economic growth in Nigeria.
Unemployment in Nigeria, sub-Saharan Africa’s largest economy, is running at more than 14 percent and climbing; in South Africa, the second largest economy, it is over 27 percent. For youth in both places, it is far more.
South African President Jacob Zuma’s survival in a parliamentary no-confidence vote will not impact the country’s downgrade-threatened credit rating, the S&P Global agency said on Wednesday.
Acting President Yemi Osinbajo has said that the N7 trillion federal budget for 2017 is not sufficient to facilitate the desired economic development in the country, hence the government was making the investment climate profitable and easy for private sector involvement.
UBS Wealth Management’s Chief Investment Office (CIO) has launched a new report on Africa’s sovereign credit prospects, an important benchmark used to evaluate the risk of investing in a country.
Chief Angus Uzoamaka, an Abuja-based insurance broker, has urged the Federal Government to consider tax relief for industries operating in Nigeria in order to boost economic development.
A financial expert, Prof. Sheriffdeen Tella, has urged the Federal Government to fast-track the growth of the manufacturing sector through the provision of infrastructure and the provision of credit.
As part of its diversification agenda, the Federal Government has set plans in motion to boost the nation’s cocoa production capacity to about 500,000 metric tonnes by 2021.
Kemi Adeosun, Minister of Finance, says the Federal Government has signed a policy to tax first class and business class air tickets alongside other luxury goods.
The Minister of Budget and National Planning, Senator Udo Udoma, on Thursday said that the country is already moving out of economic recession.
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China’s Foreign Ministry said that military exercises between South Korean and U.S. forces were not beneficial to the easing of tensions on the Korean peninsula.
The Vice President, Yemi Osinbajo, said on Monday that the Buhari administration spent N1.3 trillion on capital projects in 2016, the highest in the history of the country.
Zonal Coordinator of the National Committee of Buhari Support Groups, NCBSG in the South-West, Professor Ajayi Boroffice, said the nationwide jubilation over the return of President Muhammadu Buhari from medical vacation in London after 104 days showed that he is now more popular and accepted by Nigeria.
The House of Representatives Committee on Diaspora on Monday told the Federal Government to intervene urgently in the alleged killing of five Nigerians in Ghana.
British goods placed on the market before Brexit should be sold in EU countries under current conditions even after the UK leaves the bloc, the British government said on Monday.
The Lagos State Government must intensify its flood management efforts so that communities in Epe, Eti-Osa, Amuwo Odofin, Ojo, Kosofe, Lagos Island, Apapa, Ibeju-Lekki and Ikorodu Local Governments would not be submerged.
The Movement for the Survival of Ogoni People (MOSOP) has accused Shell Petroleum Development Development Company (SPDC) of refusing to pay its share of the counterpart funding for the clean-up.
Hoodlums have kidnapped Nana Mansur, daughter of a popular businessman in Katsina State, Mansur Abubakar, after their failed attempts at getting her father.
The Federal Government has confirmed that it is in talks with the Academic Staff Union of Universities (ASUU), after it embarked on an indefinite strike.
Former President Goodluck Jonathan has stated that ex-Head of State, Ibrahim Babangida, still has a lot to offer Nigeria.