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Economic Recovery and Growth Plan

How Nigeria exited recession – Lai

The Minister of Information and Culture, Lai Mohammed, has said that taking Nigeria out of recession did not happen by accident but a culmination of hard work and fidelity to well-articulated economic policies.

Buhari vows full implementation of economic recovery plan

President Muhammadu Buhari has welcomed the news of Nigeria’s exit from recession with cautious optimism, stressing that his administration will continue to drive the country’s economic growth by vigorously implementing the Economic Recovery and Growth Plan launched earlier this year.

Finance minister confirms N350bn release for capital projects

The Minister of Finance, Mrs. Kemi Adeosun, on Monday confirmed the release of the sum of N350bn to Ministries, Departments and Agencies of the Federal Government for the implementation of capital projects contained in the 2017 budget.

Nigeria requires more foreign direct investments – Udoma

The Federal Government will be willing to work with the British authorities to stimulate more direct private sector investments in Nigeria, the Minister of Budget and National Planning, Senator Udoma Udo Udoma, has said.

Fed govt committed to creating an enabling business environment – Osinbajo

Vice President Yemi Osinbajo has said that the federal government Economic Recovery and Growth Plan which was launched by President Muhammadu Buhari, will continue to provide support to the private sector.

Decline in Nigeria’s cocoa production not acceptable – Buhari

President Muhammadu Buhari has said that time has come for Nigeria to take its rightful place again in Cocoa production; to reduce over reliance on already shrinking oil revenues, adding that the continued decline of the commodity will no more be acceptable.

Chinese envoy asks for better Nigeria business environment

Chinese Ambassador to Nigeria, Dr. Zhou Pingjian, has called on the federal government to show greater commitment towards the improvement of friendly investment measures for Chinese investors.

UNIDO supports Nigeria’s entrepreneurship devt drive

The United Nations Industrial Development Organisation (UNIDO) is supporting Nigeria’s entrepreneurship development drive with a commitment of capacity strengthening for Small and Medium Enterprises (SMEs) in the country.

Buhari, Osinbajo: The winning team

A few days ago, in reply to a tweet by Vice President Yemi Osinbajo (SAN), a Nigerian named Abubakar, wrote, “Working together is a sign of good leadership. The country needs both of you for the next six years and may the Almighty God grant him (President Buhari) good health.”

NANS hails Buhari’s return, calls for cabinet reshuffle

The National Association of Nigerian Students has expressed delight over the return of President Muhammadu Buhari to the country after a medical vacation in London.

Nigeria seeks to diversify from oil with $41bn of rail

Nigeria has started a $41bn railway expansion to reduce dependence on oil and diversify its struggling economy by improving transport links to allow the movement of goods around the country and to ports.

Publicising N30trn revenue leakage has weighty consequences – LCCI

The Lagos Chamber of Commerce and Industry (LCCI) says the announcement of the 63 companies allegedly involved in the non-remittance of N30 trillion revenue to the federal government might discourage investment.

Don’t distract investors with probes – LCCI tells NASS

The Lagos Chamber of Commerce and Industry has advised the National Assembly to apply greater discretion while exercising its investigative powers so as to avoid distraction to private sector players, erosion of investors’ confidence and collateral damage to the economy.

National Assembly will get 2018 Budget in October – minister

The Minister of Budget and National Planning, Udoma Udo Udoma, on Thursday, promised that the Federal Government would do everything within its power to ensure that the 2018 Appropriation Bill is submitted to the National Assembly in October as earlier promised.

2018 budget: Osinbajo, ministers, perm secs hold retreat on ERGP implementation

Acting President Yemi Osinbajo, members of the Federal Executive Council alongside Permanent Secretaries and heads of Ministries, Departments and Agencies held a retreat at the State House Conference Center, Abuja.

Fed govt lifts suspension on pioneer industries, products status

The federal government said it has lifted the administrative suspension on processing Pioneer Status Incentives (PSI) applications, following the conclusion of critical reforms to the incentive regime.

Bank of Industry disburses N21m to 438 traders in Bauchi

The Bank of Industry (BoI) has disbursed a fresh N21 million loan to 438 traders in Bauchi State.

We are already moving out of economic recession – Udoma

The Minister of Budget and National Planning, Senator Udo Udoma, on Thursday said that the country is already moving out of economic recession.

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