Home Topics Economic Policies

Economic Policies

Lagos State Governor, Babajide Sanwo-Olu, has approved the resumption of all Public Servants on GL 1 -12 with effect from Monday, November 2, 2020.

Governor Sanwo-Olu charges governors on prudent spendings

Lagos State Governor Babajide Sanwo-Olu on Thursday called on governors to look into their expenditure profile and do away with unnecessary spending.
President Muhammadu Buhari inaugurates APC tripartite committee at the State House on Monday, August 31, 2020.

President Buhari: Farming is the answer for ‘able-bodied’ young Nigerians

President Muhammadu Buhari has reiterated that his administration is very keen on reviving the agriculture sector in order to meet local food demand; and diversify an economy that has been too reliant on crude oil proceeds.
The Director General of the Securities and Exchange Commission, SEC, Lamido Yuguda, has stated that the capital market has a lot of potentials for growth and development of Nigeria post COVID-19 and beyond.

New SEC chief Lamido Yuguda assumes office

The Director General of the Securities and Exchange Commission, SEC, Lamido Yuguda, has stated that the capital market has a lot of potentials for growth and development of Nigeria post COVID-19 and beyond.

IMF calls for cautious reopening of Africa

As African countries commence the re-opening of their economies, the International Monetary Fund (IMF) has counselled them to do so cautiously because the pandemic is still in its exponential phase.
Barely 24 hours after he appointed him as a member of the Board of Kaduna State investment agency, Governor Nasir El-Rufai on Wednesday gave the deposed Emir of Kano, Muhammadu Sanusi another key appointment.

Why Emir Sanusi was dethroned – Ex-NUC scribe

A former Executive Secretary of the National Universities Commission, NUC, and former Deputy Vice-Chancellor, Bayero University, and Emeritus Professor of English, Professor Munzali Jubril, has provided the actual reason His Royal Highness, Muhammadu Sanusi II, was removed as the Emir of Kano.
Nigeria has overtaken South Africa as the continent’s largest economy, a report by Bloomberg has shown.

Nigeria overtakes South Africa as Africa’s largest economy

Nigeria’s re-emergence as Africa’s biggest economy followed South Africa’s slump into its second recession in two years, as severe rolling power blackouts frustrate President Cyril Ramaphosa’s attempt to revive growth.
Bala Muhammad

Bauchi governor heads PDP panel probing 2019 elections

The National Executive Committee of the Peoples Democratic Party has approved the Governor of Bauchi State, Bala Mohammed, to head the party panel that will probe the performance of the party in the 2019 presidential election, other elections including the November 16 governorship elections in Bayelsa and Kogi states.

The legislature in defence of our economy and democracy

In the last couple of weeks, the economic and political news coming out of Nigeria has not been positive. It has been about doing things the wrong way, lack of due process, desecration of the rule of law, outright impunity for violators of rights and economic policies that have attracted negative ratings
Buhari Media Organisation (BMO)

BMO: World Bank’s poverty report correct, incomplete

The Buhari Media Organisation has described the 2019 Nigeria economic update by World Bank as correct but incomplete.

UN warns of mass starvation in Zimbabwe as drought bites

A United Nations expert has warned of a looming mass starvation in Zimbabwe as the effects of a severe drought and a collapsing economy take their toll.
Chilean President Sebastian Pinera has pledged no impunity for security forces that he said used excessive force and violated the rights of protesters during weeks of violent riots over economic policies and social injustice

Chile’s Sebastian Pinera vows action over security force abuses

Chilean President Sebastian Pinera has pledged "no impunity" for security forces that he said used excessive force and violated the rights of protesters during weeks of violent riots over economic policies and social injustice that have left more than 20 dead.
President Muhammadu Buhari has felicitated with all the 2019 Nigerian pilgrims over the successful completion of their Hajj rites and the Eid-el-Kabeer celebration.

President Buhari: Nigeria’s democracy is maturing

President Muhammadu Buhari Monday in Abuja declared that ‘Nigeria democracy is maturing,’ citing the peaceful and orderly conduct of 2019 general elections and the resort to the rule of law by aggrieved candidates in settling disputes.
President Buhari at the event

Former presidential candidate slams President Buhari over directive on food importation

Former deputy governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, has criticised President Muhammadu Buhari over his directive to the bank to halt foreign exchange for food importation.
Adams Oshiomhole

Minimum wage: Comrade Oshiomhole charges labour unions to challenge political leaders

The National Chairman of the All Progressives Congress (APC), Adams Oshiomhole, has called on organised labour to challenge political leaders to ensure that state resources meet the needs of workers and other Nigerians.

Godwin Emefiele: Smuggling, others hinder economic policies

The CBN governor, Dr Godwin Emefiele, has identified smuggling and dumping of goods as the greatest challenges hindering the success of Nigeria’s economic policies.

National Assembly leadership: I am not manipulating process – Asiwaju Tinubu

Asiwaju Bola Tinubu, the National Leader of All Progressives Congress (APC), has denied reports of manipulating process for nominating leadership of the National Assembly (NASS), describing the insinuations as injurious to President Muhammadu Buhari.
Timothy Olawale - Nigeria Employers’ Consultative Association (NECA)

NECA seeks policy stability in new administration

The Nigeria Employers’ Consultative Association (NECA), has called on the Federal Government to ensure sustained commitment on the stability of economic policies, social investment programmes and deepening of engagement with the private sector in President Muhammadu Buhari’s second term.
President Muhammadu Buhari in Ado Ekiti on Tuesday said he had directed security agencies to keep tabs on people on corruption watch list.

President Buhari: Our economic policies are making desired impact

President Muhammadu Buhari on Saturday in Lagos said his administration’s economic policies are making the desired impact, evidenced by steady growth in the economy in the last three years.

The self-destructive, unforced error of fuel subsidy

The above quote is probably synonymous with the popular definition of insanity as “the continuous repetition of the same process with the same wrong results, and still expect a positive difference at each turn.”
President Buhari receives in audience Deputy Senate President and South East Governors in State House on 21st Nov 2018-2

2019: You can’t sway South East with fake promises – PDP tells Muhammadu Buhari

The Peoples Democratic Party (PDP) has told President Muhammadu Buhari that Nigerians are no longer interested in fake promises and false performance claims, now that elections are around the corner.
Philippine President Rodrigo Duterte. PHOTO- NOEL CELIS - AFP

President Duterte blames Donald Trump for Philippines economic woes

Philippine President Rodrigo Duterte on Saturday blamed US President Donald Trump after inflation hit a nine-year high in the Philippines, hurting the image of the populist leader.

China, US officials to resume trade talks in Washington

US and Chinese mid-level officials are set to resume contentious trade talks on Wednesday amid low expectations.

Recent Stories

Liverpool midfielder Georginio Wijnaldum is reportedly expected to leave the club on a free transfer at the end of his contract in the summer.

Georginio Wijnaldum’s agent opens door for Bayern Munich move

Georginio Wijnaldum's agent, Humphry Nijman, has left the door open for Bayern Munich to discuss a deal for the Liverpool midfielder.
Former Arsenal midfielder Freddie Ljungberg said he hoped manager Mikel Arteta would keep his job after the team crashed out of the Europa League on Thursday following a goalless draw with Villarreal.

Freddie Ljungberg hopes Mikel Arteta keeps Arsenal job after Europa League exit

Former Arsenal midfielder Freddie Ljungberg said he hoped manager Mikel Arteta would keep his job after the team crashed out of the Europa League on Thursday following a goalless draw with Villarreal.
Villarreal coach, Unai Emery, envisaged a very difficult match against Manchester United in the final of the Europa League after his wards ended Arsenal’s journey in the event on Thursday.

Villarreal boss: It’s going to be difficult vs Manchester United

Villarreal coach, Unai Emery, envisaged a very difficult match against Manchester United in the final of the Europa League after his wards ended Arsenal’s journey in the event on Thursday.
Economic and Financial Crimes Commission - EFCC.

EFCC to approve movement of funds by NGOs in Northeast

The Economic and Financial Crimes Commission (EFCC) yesterday declared that movement of funds by Non-Governmental Organisations (NGOs) operating in the North-east must be approved by it.
Maiden flight on Friday landed at the newly constructed Anambra International Cargo Airport, Umueri, done by the Anambra State Government.

Official: Anambra airport fully owned by state

Anambra State government has said the newly constructed International Airport in Umueri is fully owned by the state and no loan was procured for the project.

Most Popular

Many of his players may lack Champions League knockout experience but the professionalism, effort and game management on display from Chelsea against Porto tonight delighted Thomas Tuchel.

Chelsea chief, manager working on 13-man clearout

Chelsea chief, Marina Granovskaia, is ready to work with manager Thomas Tuchel to oversee a clearout of at least 13 players this summer.
Dangote Cement Industry

Dangote Cement major contributor to senegal’s economy – envoy

Dangote Cement Plc’s huge investment has been described as one of the major contributors to the development of the Senegalese economy. Besides, the Cement plant located in Pout, 60 kilometres away from Dakar, has greatly assisted in strengthening the business relationship between Senegal and Nigeria.

Cardinal Onaiyekan, others express concern over insecurity, poverty in Nigeria

A Catholic Cardinal, John Onaiyekan, and other Christian clerics have expressed concern over insecurity in the country, urging political office holders to assist government to tackle the menace.

IPOB leader orders total shut down of Abuja, Lagos, North, Southeast on May 30

Nnamdi Kanu, leader of the Indigenous People of Biafra, IPOB, has ordered a total shut down of the Southeast, Abuja, Lagos State and the North on May 30.

Akwa Ibom governor’s wife decries rising cases of rape, child trafficking

Mrs Martha Emmanuel, the wife of Gov. Udom Emmanuel of Akwa Ibom, on Friday decried the rising cases of rape, child trafficking and baby factories in the state.