Economic Growth

As the Federal Government is seeking the approval of the National Assembly to borrow about $30billion, the global financial ratings company, Moody’s Investors Service, has attributed its downgrade of the country’s rating to negative from stable as a result of the nation’s bloating debt profile.

Mrs Guo Cui Duo, Vice President of Hebei Federation of Industry and Commerce, China, has promised to partner Nigeria through investment in infrastructure to deepen relations between both countries.

The President of Chartered Institute of Taxation of Nigeria (CITN), Dame Olajumoke Simplice, has blamed Nigerians’ outcry against the new tax regime on long period of apathy and lack of focus to make taxation the bedrock of government’s revenue mobilisation.

Governor Abubakar Bello of Niger on Sunday advocated structural adjustment in governance to boost economic growth and development in the country.

Osun State has been identified as the new investment destination in Nigeria with huge potential to generate revenue from agriculture, tourism, culture, among others.

The Are Ona-Kakanfo of Yorubaland, Gani Adams, again on Wednesday attacked South-West governors over their handling of the security of life and property.

Governor Samuel Ortom of Benue on Tuesday presented a budget of N189 billion for 2020 to the State House of Assembly for approval.

Dr. Kayode Fayemi, Ekiti State governor, has hinted that the Buhari-led Federal Government was giving a lot of attention to the mining sector, in addition to the support from development partners.

Ekiti State Governor Kayode Fayemi and the Minister of Mines and Steel Development, Olamilekan Adegbite, have called for stakeholders’ buy-in for the exploitation of economic opportunities in Nigeria’s mining sector.

Gov. Kayode Fayemi of Ekiti State has called for increased budgetary allocation to the solid mineral sector to promote growth.

The Permanent Secretary, Ministry of Mines and Steel, Abdulkadir Mu’azu, has said the Federal Government was banking on the solid mineral sector to diversify the country’s economy.

Vice President Yemi Osinbajo says it is imperative for Nigeria to proffer solution on how Diaspora bonds and Diaspora mutual funds will work to boost the country’s economy.

Nigeria will soon have a Diaspora Policy, according to the Chairman of the Nigerians in Diaspora Commission, Mrs. Abike Dabiri-Erewa.

Governor Muhammadu Badaru Abubakar of Jigawa State has budgeted N225.75 billion for 2020 fiscal year.

The Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, says that the fear of the reach of the anti-fraud Commission has curbed public officers as well as private Nigerians living abroad from a lot of their known excesses, including booking entire hotels and blocking London streets for loud block parties.

The Central Bank of Nigeria (CBN) governor, Godwin Emefiele, said on Friday Edo State can generate more than 200,000 jobs and millions of dollars in foreign exchange from cultivation and palm oil processing.

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele says if border closure is sustained for the next two years, issue of insurgency, banditry and kidnapping will be totally eradicated.

Fifty pioneer students of Edo University, Iyamho, will this Saturday graduate in the institution’s first convocation ceremony.