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The Executive Director/CEO of the Nigerian Export Promotion Council, NEPC, Mr Segun Awolowo, yesterday assured that given the steps being taken to improve the non-oil exports, Nigeria will exit its dependence on crude oil revenue in the next 10 years.
As the global community accelerates efforts to achieve the global goals in the decade of action for the Sustainable Development Goals, stakeholders have validated a strategic implementation plan for the attainment of the development agenda in Nigeria.
Vice President Yemi Osinbajo has disclosed that Nigeria was planning to have at least 30 per cent of its total electricity supply from renewable sources, majorly solar power in the next nine years
The Director General, National Information Technology Development Agency (NITDA), Dr. Kashifu Abdullahi, has said that proper regulation of indigenous content development and adoption is one of the strategic pillars transforming Nigeria’s economy, as well as putting the country on the right tract to achieving Digital Economy.
After a protracted discussion among the stakeholders, the Federal Government today in Lagos finally launched the Extended Special Public Works (SPW) Programme (the 774,000 jobs) aiming at providing employment opportunities for the unemployed Nigerians.
President Muhammadu Buhari has directed the Minister of Finance Budget and National Planning, Mrs. Zainab Ahmed, and the Federal Inland Revenue Service (FIRS) to release statutory funds due to the National Agency for Science and Engineering Infrastructure (NASENI) to enable it function optimally.
Global stock markets wavered on Monday as soaring COVID-19 cases offset investor hopes of a quick economic recovery, even after data showing that the Chinese economy rebounded faster-than-expected in the fourth quarter of 2020.
The Attorney General of the Federation and Minister of Justice, Abubakar Malami, (SAN) has said that, the extended Federal Government Special Public Works Programme of 774,00 jobs opportunities to Nigerians was part of deliberate efforts and conscious strategies to address the ballooning population of unemployed youths and rising insecurity in some parts of the country.
Minister: Nigerian government’s special public works programme meant to tackle insecurity, unemployment
The Minister of Interior, Ogbeni Rauf Aregbesola, has disclosed that the Extended Special Public Works programme (ESPW) was conceived as a strategy to tackle growing unemployment and insecurity in the country.
Nwabunike said the association was looking forward to interfacing stronger with the Federal Ministry of Finance, the Central Bank of Nigeria (CBN) and the Bank of Industry (BoI) on the need for a special loan scheme to help logistics firms in expanding and maintaining fleet of heavy duty and lighter vehicles required beyond coverage of train services.
New Year’s Day is the biggest holiday in Japan’s calendar, but this year’s festivities have been subdued following record highs in new coronavirus cases nationwide and calls from the government to stay home.
Governor Simon Lalong of Plateau State has signed into law the 2021 appropriation bill of more than N147.6 billion.
I felicitate with our Christian brothers and sisters in particular and all Nigerians in general on this joyous occasion of Christmas 2020, commemorating the birth of Jesus Christ.
As the country grapples with myriad of humanitarian crises in history, the Federal Government has solicited for continuous support from international agencies to bridge the resource gap.
Vice President Yemi Osinbajo says three trillion dollars is needed to bridge the infrastructural deficit in Nigeria over the next 30 years.
The Vice President, Prof. Yemi Osinbajo, on Thursday, said Nigeria requires about $3tn over the next 30 years to bridge the infrastructure gap across the country.
President Muhammadu Buhari Thursday in Abuja said his administration was committed to creating more jobs with greater focus on youthful population through priority on agriculture, arts, entertainment, mining and Information Technology.
The Banking Supervision Department of the Central Bank of Nigeria (CBN), on Wednesday, announced the introduction of Special Bills as part of its efforts to deepen the financial markets and avail the monetary authority with an additional liquidity management tool.
In a statement issued by his Special Adviser on Media and Publicity, Mr. Femi Adesina, the President hailed the one-time Director of the defunct Mass Mobilization for Social Justice and Economic Recovery (MAMSER), for his services to Nigeria and humanity in general.
The Federal Government on Thursday gave a damning revelation that 66 per cent of Nigerian children in rural areas can neither read nor write.
Despite the country sliding into recession and pressure to tinker with its fiscal policies, the Federal Government will not retrieve or adjust the 2021 budget now being considered in the National Assembly.
Chairman/Chief Executive Officer of the National Drugs Law Enforcement Agency, NDLEA, Brigadier-General Buba Marwa (rtd) has expressed regret that the drugs abuse situation in the country is so bad that criminal elements especially kidnappers and armed bandits now ask for payment of ransoms in drugs.
The total borrowing of the country as of 31 December is 21.6 per cent of the GDP. So, if we were not looking at adding the other category of loans that I mentioned, we don’t even need to increase that at this time As of 2019, the debt to GDP ratio was 19.2 per cent so only two per cent was added.
The Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farouq, has inaugurated training for 259 Independent Monitors to supervise Integrated National Social Investment Program (N-SIP) at community level in Adamawa state.
The Northern State Governors Forum has expressed commitment to ending the nomadic grazing of cattle across the country as part of measures to resolve the herders-farmers conflict and end the activities of some criminal herdsmen.
The Ekiti government has acquired and installed a computerised vehicle inspection equipment to identify the level of road worthiness of vehicles in the state.
The ongoing strike by the Senior Staff Association of Nigerian Universities, SSANU, and the Non-Academic Staff Union of Educational and Associated Institutions, NASU, may only be called off if the government agrees to pay members of the two unions N20 billion as Earned Allowance.
Médecins Sans Frontières (MSF) otherwise known as Doctors Without Borders (DWB) has devised a strategy to take medical care to hard-to-reach areas in the volatile Borno State.
The Niger Police Command has arrested 15 year-old Samaki Azozo, a student of Government Science School Izom, over alleged attempt to kidnap students of the school in Gurara Local Government Area.
Super Eagles forward Victor Osimhen lost consciousness during Atalanta-Napoli and was rushed to the hospital, but according to Sky Sport the Napoli striker is now alert.
President Muhammadu Buhari has expressed sadness over the crash of Nigerian Air Force (NAF) Beechcraft KingAir B350 aircraft on Sunday in Abuja, which claimed the lives of seven personnel.