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Economic Recovery and Growth Plan
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.
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.
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 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 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.
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.
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.
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.
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.
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
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.
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.
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 Board of Directors of the African Development Bank (AfDB) Group has approved 210 million dollars financing package for the Nigeria Transmission Expansion Project (NTEP1).
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’.
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.
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.
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), Comandant Maj.-Gen. Jamil Sarham, reaffirmed the academy’s commitment to turn out the best officers for the Nigerian Armed Forces.
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.
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.
Three suspected bank fraudsters including a bank security guard have been nabbed by the agents of the Economic and Financial Crimes Commission (EFCC) in Makurdi, the Benue State capital.
At least 16 people are dead after torrential rain in Japan triggered massive floods and mudslides, local media said Sunday, as rescue workers sift through debris in search of a dozen missing.
The Nigeria Centre for Disease Control (NCDC) has announced 603 confirmed new coronavirus cases in the country on Saturday.
Victor Moses could be on his way back to Chelsea after the expiration of his loan deal with Italian Serie A side Inter Milan.
Former Nigeria international Ifeanyi Udeze has urged Gernot Rohr to assign Joseph Yobo as the Super Eagles’ defensive trainer.