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Economic Recovery and Growth Plan

Fed govt needs $166bn to bridge infrastructure gap – official

The Permanent Secretary, Ministry of Budget and National Planning, Leon Lawrence Aliboh, has said the Federal Government requires a huge funding requirement of over $166 billion to bridge Infrastructure deficit between 2014 and 2018.

Fed govt, NLNG sign N120bn contract to construct Bonny-Bodo road

The Ministry of Power, Works and Housing has signed a tripartite agreement of N120 billion with Nigeria Liquefied Natural Gas (NLNG) and Julius Berger Plc. for the construction of Bonny-Bodo road.

Fed govt to train, support Airforce officers on livestock, crops production – minister

The Federal Government says it will train officers of the Nigerian Air Force (NAF) who are interested in going into agriculture to ensure food security in the country.

Days states, local govts depended solely on fed govt over – Osinbajo

Vice President Yemi Osinbajo has advised states and local government areas to urgently harness their untapped resources for greater economic development, as days of over-relying on the Federal Government for survival were gone for good.

Buhari’s administration is working and the results are showing

Permit me to thank the Association of Communication Scholars and Professionals of Nigeria for inviting me to their 4th Annual Conference holding here in the beautiful city of Kano. It is commendable that you have maintained the tradition of gathering annually, despite the challenges. I congratulate you!

No evidence Nigeria has exited recession – Issa Aremu

General Secretary of Textile union and NEC member of Nigeria Labour Congress (NLC), Issa Aremu, has said that there is no evidence to show that Nigeria has overcome the economic recession.

Nigerian economy remains under great threat – US

The United States military yesterday warned that the Nigerian economy remains under great threat following the surge in criminal activities in the Niger Delta and the threats by militants to resume bombing of oil facilities in the region.

We’ll grow economy as rapidly as we can – Udoma

The Minister of Budget and National Planning, Senator Udo Udoma, on Wednesday said that with the exit of the economy from recession, the task ahead is to grow the economy in a rapid manner.

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.

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