Home Topics GDP

GDP

Senator Udoma Udo Udoma – Minister for Budget and National Planning

2018 Budget: Federal government to borrow N1.6 trillion to fund deficit – minister

The Minister of Budget and National Planning, Sen. Udoma Udo Udoma, says the Federal Government will borrow N1.6 trillion to finance part of the N9.12 trillion 2018 budget.

Economist: GDP growth not translating to improved quality of life

An Economist, Dr. Aminu Usman, says the growth in the country’s Gross Domestic Product (GDP) is not translating to improved quality of life of its citizens.

Experts: Budget cycle inconsistency hindering economic, development

Over the years, the nation’s budget cycle has been inconsistent without a definite pattern, giving room for speculations and poor implementation.

Expert advocates block chain technology to curb tax fraud

The Chief Executive of Kurecion Foundation, Mr Abikure Tega, has called for the use of block chain technology to address fraud in the country´s taxation system.

Spain swears in mostly-female government

King Felipe VI on Thursday swore in Spain’s new pro-EU government, with women holding the majority of ministerial posts.

Governor Ambode extends Agric-Ishawo road project to Arepo

Governor Akinwunmi Ambode of Lagos State, on Wednesday, approved the extension of ongoing Agric-Ishawo dual carriageway road project to Arepo in Ogun State, saying the development became imperative in view of the determination to rev up the economic integration of South Western states.

UNWTO: Lagos pivotal to world tourism promotion

The United Nations World Tourism Organisation (UNWTO) Wednesday disclosed that Lagos, a megacity of over 24 million people, will play a pivotal role in its quest to promote new tourism destinations across the world.

UNWTO: Nigeria has potential to be best tourists’ destination

The Secretary-General of United Nations World Tourism Organisation (UNWTO), Zurab Pololikashvili, says Nigeria has the potential to be one of the world best tourists destinations.

AU: Tourism creates 21m jobs in Africa

The African Union (AU) says the tourism sector supports about 21 million jobs in Africa with value of over 160 million dollars, exceeding manufacturing and banking sectors combined.

Senator Udoma: Why President Buhari has not signed 2018 budget

Nigerians expecting to have approved 2018 appropriation law before the expiration of 2017 budget next Thursday may have to wait a little longer as President Muhammadu Buhari is at the moment reviewing the Appropriation Bill recently passed by the National Assembly.

Ex-CIBN boss tasks federal government on service sector to improve GDP

The immediate past President of the Chartered Institute of Bankers of Nigeria (CIBN), Prof. Segun Ajibola, on Friday urged the Federal Government to focus on the service sector to boost the Gross Domestic Product (GDP).

UNCTAD: 17m Africans migrate for greener pastures

No fewer than 17 million Africans left the continent in 2017 in search of greener pastures, a new report by the UN Conference on Trade and Development (UNCTAD) has said.

Vice President Osinbajo: Nigeria’s tax revenue grew by 51% in 2017

Vice President Yemi Osinbajo on Thursday said that Nigeria’s tax revenue has increased to 51 per cent in 2017.

IPPAM: Nigeria may lose 11% GDP to climate change

The Institute for Public Policy Analysis and Management (IPPAM), on Thursday, said that by 2020, the country stands to lose 11 percent of Gross Domestic Product (GDP) to climate change if an aggressive climate change policy is not put in place to sustain the social and economic development in the country.

Kayode Fayemi: What I achieved as minister of mines

The Minister of Mines and Steel Development, Kayode Fayemi, said that the revenue from exports in the mining sector increased by 592 per cent between 2016 and 2017.

Minister Adeosun: IMF not worried about Nigeria’s debt

The Minister of Finance, Mrs. Kemi Adeosun, has said that the International Monetary Fund is not worried about Nigeria’s debt profile.

President Buhari lauded for achievements in agric sector

Stakeholders in the agriculture sector have commended President Muhammadu Buhari’s administration for its agricultural policy, saying that agriculture is gradually regaining its position as the mainstay of the nation’s economy.

CBN: How we revived Nigeria’s economy under President Buhari

Deputy Governor, Central Bank of Nigeria (CBN), Mr. Bayo Adelabu, has given some insight on how the apex bank rescued Nigeria’s economy from sinking exchange rate, inflation and recession through the Economic Recovery and Growth Plan of President Muhammadu Buhari.

Recent Stories

super eagles

Christian Chukwu: Argentina very beatable

As Nigerians celebrate the Super Eagles 2-0 victory over the Strakkamir Okkar of Iceland on Friday, Christian Chukwu, one-time Captain of the Green Eagles say their next group opponents, Argentina, are beatable.

320 Nigerian soldiers retire from service

Three hundred and twenty soldiers, who have completed a six-month training at the Nigerian Armed Forces Resettlement Centre (NAFRC), Oshodi, Lagos, in new skills, have formally retired from the service.
super eagles

Gernot Rohr: It wasn’t easy to get Mikel Obi, Victor Moses play Eagles defensive...

Gernot Rohr has admitted it was not easy to convince stars Mikel Obi and Victor Moses to play more withdrawn and defensive roles against Iceland in today’s World Cup Group D match against Iceland in Volgograd.
ahmedmusa

Ahmed Musa: Scoring against Argentina isn’t that difficult

Deadly Ahmed Musa struck two stunning goals to sink Iceland 2-0 on Friday and then promised to do the same to Lionel Messi’s Argentina in Tuesday’s Group D showdown.

Adebayo Shittu, others ask court to nullify Oyo APC congress

The Minister of Communications, Adebayo Shittu, and 35 others have asked a Federal High Court in Abuja to nullify the congresses of the All Progressives Congress in Oyo State.