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Minister of State for Budget and National Planning, Prince Clem Ikanade Agba, has stated that the provision of stimulus package by the Federal Government will go a long way in preventing the country from plunging into deep economic recession.
The Standards Organisation of Nigeria (SON) Governing Council has approved 168 new standards for publication and dissemination to various sectors of the Nation’s economy in furtherance of the Federal Government’s economic diversification policy.
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 Minister State for Agriculture, Mr Mustapha Shehuri, says Federal Government will support and promote Special Agro-Industrial Processing Zones (SAPZs) and creation of more job opportunities in the sector.
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.
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 Federal Government is considering the option of national savings scheme in order to deepen the pool of investible funds and strengthen the Nigerian capital market for a more pivotal role in national growth and development.
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.
The Nigerian National Petroleum Corporation (NNPC) says it has publicly opened bids from 14 companies for the financing and redevelopment of Oil Mining Lease (OML) 119.
The Progressive Governors Forum (PGF) has said there is no plot to block or stifle opposition in the September 19 and October 10 governorship elections in Edo and Ondo states.
The Ibadan GO Organic Multipurpose Cooperative Society, in collaboration with Nigeria Go Organic Project is training agricultural officers, extension officers, producers, among others on the principles and practice and entrepreneurship in organic agriculture.
Youths, suspected to be Yahoo Boys, Monday, went on a rampage in Ozoro, headquarters of Isoko North Local Government Area, Delta State, protesting their alleged brutality and extortion by the police in the area.
Nigerian youths on Monday presented a letter of appreciation to President Muhammadu Buhari through the Minister of Youth and sports, Mr. Sunday Dare, for the approval of the N75 billion investment fund for them.
Gov. Godwin Obaseki of Edo has assured the people of the state that he will not disappoint them if re-elected, as he has laid the foundation for greater development in the state.
Kenya’s central bank governor said on Thursday that policymakers still have “plenty of firepower” to combat impact of the coronavirus crisis on the economy.
Victor Moses has been named in Inter Milan squad for the final stages of the 2019-20 Europa League while Kwadwo Asamoah has been excluded.
The Edo State Chapter of the Peoples Democratic Party (PDP) has handed out one-month suspension order one of its members, Kassim Afegbua, effective from August 2, 2020,
The Electoral Committee of the Nigerian Bar Association (ECNBA) on Thursday clarified the cause of undeliverable that might have been experienced by voters during the ongoing NBA National Officers Elections.
An independent panel of experts, headed by former Irish president Mary Robinson, has cleared the President of the African Development Bank (AfDB) of corruption, according to a report obtained by AFP.