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Economic Recovery and Growth Plan

Microsoft is offering hackers up to $100,000 if they can break the security of the company’s custom Linux OS. The software giant built a compact and custom version of Linux last year for its Azure Sphere OS.

Microsoft highlights steps to drive Nigeria’s digital transformation

Microsoft has identified digital transformation as a means for social and economic development in Nigeria, just as it’s an opportunity for every Nigerian citizen and business to achieve more, in a presentation.

IMF approves $3.4 billion emergency support to Nigeria

The board of the International Monetary Fund (IMF) yesterday approved Nigeria’s request for $3.4 billion emergency support to address the severe impact of the COVID-19.

SON to establish laboratories in six geo-political zones

The Standards Organisation of Nigeria (SON) says it has concluded plans to establish laboratories in the six ge-opolitical zones for testing products and ensuring standardisation in the country.
The new minister of State for Budget and National Planning, Clement Agba, has charged staff of the ministry to work harder and smart to realize the Next Level agenda of the federal government.

Nigeria to inaugurate committee for new economic plan

The Minister of State for Budget and National Planning, Clem Agba, has said that the Federal Government will inaugurate a committee for the new economic plan next month.
The Minister of State for Budget and National Planning, Mr Clement Ikanade Agba, has urged the staff of the ministry to work as a team to ensure that next 2020 Budget is ready next month.

Federal government to engage NISER researchers in national development plan

The Federal government has assured researchers and eggheads at the Nigerian Institute of Social and Economic Research (NISER) that it would need their expertise in the preparation of a long-term national development plan that would begin next year.
Edo State Governor Godwin Obaseki, has asked the Peoples Democratic Party to show proof of allegations that the state treasury is empty.

Governor Obaseki: Digital economy is Nigeria’s most promising alternative to oil

The Edo State Governor, Mr Godwin Obaseki has called for the adoption of smart Information and Communication Technology (ICT) tools and solutions as an alternative to oil in diversifying the Nigerian economy, warning that the country will not develop if the bulk of the country’s savings is still tied to buying foreign exchange for importation.

Six governors, others for NEXIM South-South enlightenment campaign

The Nigerian Export-Import Bank (NEXIM) will hold a three-day enlightenment and engagement programme in Asaba, the Delta State capital, for the six states in Nigeria’s South-South.

Visa-on-arrival: Nigeria immigration advice to investors

The Comptroller General, Nigeria Immigration Service (NIS), Mr Muhammad Babandede, has called on genuine investors to take advantage of the visa on arrival policy to improve migration.

NDPR refining capacity hits 5,000 bpd

The Niger Delta Petroleum Resources Limited (NDPR), a subsidiary of Niger Delta Exploration & Production Plc (NDEP), has increased its diesel topping refining plant from 1,000 barrels per day (bpd) to 5,000 bpd in its effort to guarantee energy sufficiency in Nigeria.
Minister of Communications and Digital Economy, Dr. Isa Ali Pantami

Minister explains reasons for digital economy drive in Nigeria

The Minister of Communications and Digital Economy, Isa Pantami, has justified the necessity, appropriateness and significance of the re-designation of the Federal Ministry of Communications as Federal Ministry of Communications and Digital Economy (FMoCDE) in October 2019 by President Muhammadu Buhari, as he recalled the modest strides of the ministry and strategy for accomplishing the digital economy policy for national development.
Minister of Communication and Digital Economy, Mallam Ali Pantami, yesterday, insisted that it is the duty of the Nigerian Postal Service (NIPOST) to collect Stamp Duty for the Federal government instead of the Federal Inland Revenue Service (FIRS), saying it is selfish and an injustice trying to deny NIPOST of collecting the duty

Minister insists NIPOST, not FIRS has responsibility to collect stamp duty for government

Minister of Communication and Digital Economy, Mallam Ali Pantami, yesterday, insisted that it is the duty of the Nigerian Postal Service (NIPOST) to collect Stamp Duty for the Federal government instead of the Federal Inland Revenue Service (FIRS), saying it is selfish and an injustice trying to deny NIPOST of collecting the duty
Timothy Olawale - Nigeria Employers’ Consultative Association (NECA)

2020: NECA advocates synergy between fiscal, monetary policies

As part of its expectations for 2020, the Nigeria Employers’ Consultative Association (NECA) has called for synergy between the fiscal and monetary policies of the Federal Government.

Central bank: 40 per cent of foreign credits in Nigeria’s economy dangerous

The Central Bank of Nigeria (CBN) has revealed that 40 per cent of the total credits available in the economy, especially in the capital and money markets are from foreign holdings.
Minister of State for Education, Chukwuemeka Nwajiuba, has tasked political parties, especially the All Progressives Congress (APC) to adopt a different approach to the conduct of party primaries to avoid a repeat of the crisis that is currently rocking the party as a result of the conduct of the 2018 party primaries ahead of the 2019 general elections.

Federal government tasks universities on ethics, frowns at sexual harassment of students

The Federal Government has admonished governing councils and managements of the nation’s universities to formulate policies and regulations that would guard against unethical academic activities, sexual harassment as well as establishing a code of ethics for staff.
The African Development Bank, AfDB, says it has approved a 70 million dollar loan for a road project in Ebonyi. The bank said on its website on Friday that it would provide $40 million, while its co-financier, the Africa Growing Together Fund (AGTF), would contribute $30 million for the project.

AfDB approves $210 million for Nigeria transmission expansion project

The Board of Directors of the African Development Bank (AfDB) Group has approved 210 million dollars financing package for the Nigeria Transmission Expansion Project (NTEP1).
Obiageli Ezekwesili

Bisi Fayemi, Oby Ezekwesili join 2,000 women for 2019 National Dialogue

First Lady of Ekiti State, Bisi Fayemi, former the Vice-President of the World Bank’s Africa division and former minister under-Olusegun Obasanjo’s administration, Obiageli Ezekwesili, Minister for Women Affairs, Hon Paulen Tallen, are among the 2,000 women expected at the National Women’s Dialogue 2019, with the theme: ‘The Nigeria We Want: Nigerian Women-A National Conversation’.
From left- Consul General of Nigeria in Atlanta, Mrs Aishatu Musa; Deputy Head of Mission, Nigerian Embassy, Washington DC, Amb. Hassan Hassan, and the President of UBTS International, Dr Frank Harper, at the event.

Federal government assures US investors of addressing their concerns

The Federal Government has assured existing and potential American investors of its commitment to addressing issues of corruption, political instability and insecurity in the country.
Clement Agba, the Minister of State, Federal Ministry of Finance, Budget And National Planning has reiterated the Federal Government’s determination to go into partnerships to create jobs as well as boost the economy.

Job creation: Minister restates federal government’s determination to go into partnerships

Clement Agba, the Minister of State, Federal Ministry of Finance, Budget And National Planning has reiterated the Federal Government’s determination to go into partnerships to create jobs as well as boost the economy.

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The Federal Road Safety Corps (FRSC) in Niger says 12 people have died in an accident on Sunday at Sawmill village along Mokwa -Makera road in Mokwa Local Government Area of the state.

FRSC alerts motorists on imminent diversion on Lagos 3rd mainland bridge

The Corps Marshal, Federal Road Safety Commission (FRSC), Dr Boboye Oyeyemi, says diversion and safety precaution are imminent, owing to the emergency rehabilitation on the third mainland bridge in Lagos.
Ibrahim Magu . EFCC

Former Ekiti governor wants Ibrahim Magu placed on watch list so he won’t flee

Former Ekiti State Governor, Ayodele Fayose, has asked security agencies in the country to place suspended acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, on watch list.
The Nigerian Defence Academy (NDA) says it has postponed the screening test for its 72 Regular Course schedule to hold on May 30, adding that a new date will be communicated.

NDA reaffirms commitment to turn out best officers

The Nigerian Defence Academy (NDA), Comandant Maj.-Gen. Jamil Sarham, reaffirmed the academy’s commitment to turn out the best officers for the Nigerian Armed Forces.
8. President Muhammadu Buhari presides over the weekly virtual Federal Executive Council (FEC) Meeting, at the Council Chambers, State House, Abuja.

Aviation, education ministries, others make presentations at FEC meeting

President Muhammadu Buhari is currently presiding over the seventh virtual meeting of the Federal Executive Council (FEC) at the Council Chamber of the Presidential Villa, Abuja.

NAWOJ: Houses without decent toilet facilities encourage raping of females

The chairperson of the Plateau Chapter of the Nigerian Association of Women Journalist (NAWOJ), Jennifer Yarima, has observed that women and girls living in houses without toilet facilities are more at risk of being raped.