Home Topics ESP
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says 2.9 million farmers have cultivated 3.6 million hectares across 21 commodities under the bank’s anchor borrowers’ programme (ABP).
Nigeria’s prompt exit from recession is a key indicator of the success of the ongoing Economic Sustainability Plan (ESP) approved by the Federal Government, the Presidency has said in a statement on Sunday in Abuja.
Vice President Yemi Osinbajo has called on Nigerians to resist any attempt to divide the nation saying Nigeria is better as one indivisible entity.
The N-Power, cash-for-work programme, inaugurated by President Muhammadu Buhari in 2016 with 500,000 of direct beneficiaries, is spread across the key industries targeted by the programme – Agriculture, Health, Education, and Tax.
"Under the plan, 200,000 beneficiaries will be engaged as financial services operators under a Shared Agent Network Expansion Facility (SANEF) scheme operated by the Central Bank of Nigeria; over 30,000 have already been engaged as geospatial experts and enumerators in the Economic Sustainability Plan’s Mass Agric programme, while several others will have the option of benefiting from the GEEP micro-enterprise loans," a statement details.
Mr. Osibanjo flagged off the administration’s Economic Sustainability Plan’s (ESP) in Abuja on Tuesday, saying the cash transfer scheme will be facilitated through a wholly technology-based approach called the Rapid Response Register (RRR).
President Muhammadu Buhari on Tuesday at the Presidential Villa, Abuja received Vice President Yemi Osinbajo, who updated him on the progress so far in the implementation of the Economic Sustainability Plan.
Vice-President Yemi Osinbajo has secured the pledge from cement manufacturers in the country to offer discount on the commodity for the Federal Government’s Social Housing Scheme.
I felicitate with our Christian brothers and sisters in particular and all Nigerians in general on this joyous occasion of Christmas 2020, commemorating the birth of Jesus Christ.
Analysts and members of the organised private sector yesterday urged the federal government to step up efforts in tackling insecurity and ramping up measures to ensure food security amidst mounting inflationary pressures.
About 20 states and the Federal Capital Territory have indicated an interest in joining the federal government’s 300,000, low-cost National Social Housing Plan (NSHP), the presidency has said.
The federal government has commenced the disbursement of N30,000 grants for transporters as a measure to support those affected by COVID-19 pandemic under its economic sustainability plan (ESP).
The Federal Government will next week commence installation of five million solar home systems in under-served and off-grid communities across the country, according to sources in the presidency.
Despite the country sliding into recession and pressure to tinker with its fiscal policies, the Federal Government will not retrieve or adjust the 2021 budget now being considered in the National Assembly.
Nigeria’s Finance Minister, Mrs. Zainab Ahmed, has reassured the citizens that the country will soon exit recession just as he insisted that there are no issues with federal workers’ salary because of the current economic situation in the country.
The Federal Government has said it is processing a World Bank loan of $750 million on behalf of state governments, to stimulate the local economy as well as support vulnerable household’s consumption.
As Nigeria slips into recession for the second time in five years, President Muhammadu Buhari, says it came about because of the severity of the global economic downturn caused by the COVID-19 pandemic.
Mr Laolu Akande, the Senior Special Assistant on Media and Publicity to the President, Office of the Vice President in a statement in Abuja, said the beneficiaries expressed their feelings in randomly selected testimonials collated by the presidency.
Nigeria has formally entered its second economic recession in five years as the severe impact of the COVID-19 pandemic on global crude oil prices and restrictions imposed to curb the virus caused the nation’s economy to contract for the second consecutive quarter by 3.62 percent in the third quarter of 2020.
Uche Uwaleke, Professor of Finance and Capital Market, has called for early passage of the 2021 Appropriation Bill and aggressive implementation of the Economic Sustainability Plan (ESP), as the country enters recession.
Grant said this at the two-day Nigerian Diaspora Investment Summit (NDIS) organised by Nigerian in Diaspora Commission (NiDCOM), in collaboration with Nigeria Diaspora Summit Initiative (NDSI).
The Federal Government and state governors on Thursday blamed EndSARS protest which stalled food transportation, banditry in the North West, COVID-19 pandemic, for hike in food prices across the country.
The Director-General, Voice of Nigeria, VON, Mr Osita Okechukwu, has said that Nigeria has enough potential to repay its debt obligations to China through food export.
A far-right proposal to ban facial coverings in Switzerland won a narrow victory in a binding referendum on Sunday instigated by the same group that organized a 2009 ban on new minarets.
Deputy Chairman, House of Representatives Committee on Procurement, Hon. Uju Kingsley Chima has thrown his weight behind the clamour for Nigeria’s president of Igbo in 2023.
Governor Okezie Ikpeazu of Abia State has assured the residents of Aba that three major roads in the city, Port Harcourt Road, Ngwa Road, Ohanku Road as well as Ndiegoro, will soon wear a new look as his administration is committed to the total rebuilding of infrastructure in the town.
The President of the Senate, Dr Ahmad Lawan, has felicitated with Vice-President Yemi Osinbajo as he marks his 64th birthday anniversary on Monday, March 8, 2021.
Stefano Pioli says AC Milan have reached a decisive moment in the Serie A season ahead of their league game against Udinese and has faith that his side can cope in the absence of injured striker Zlatan Ibrahimovic.
Indian farmers began gathering on Saturday to block a six-lane expressway outside New Delhi to mark the 100th day of protests against deregulation of agriculture markets, to add pressure on Prime Minister Narendra Modi’s government
VP Osinbajo urges international community not to block financing for gas investments in developing...
Vice-President Yemi Osinbajo has appealed to the international community not to block adequate financing for gas projects in Nigeria and other developing countries.
Governor Nasir El-Rufai has charged the Kaduna Investment Promotion Agency (KADIPA), to redouble its efforts in making Kaduna State the topmost investment destination in Nigeria, by improving its Ease of Doing Business ranking.
Speaker of the parliament Sidie Mohamed Tunis pledged the support of the sub-regional congress when he led a parliamentary mission to Mali as part of activities of the sub-regional lawmakers to support the West African country.