gross domestic product

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.

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

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.

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.

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.

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.

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).

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

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.

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

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.

The immediate post-recession period when the fundamentals of the economy are at the early stages of recovery is the best time to invest in Nigeria, the director general, National Bureau of Statistics (NBS), Yemi Kale, has said.

Former Nigeria’s Minister of Finance, Dr Ngozi Okonjo-Iweala, has called for a massive education of insurance policy makers in the country to achieve deep insurance penetration among the populace.

Minister of State for Labour and Employment, Prof. Stephen Ocheni, has disclosed that the absence of Social Security data on the informal economy is an anomaly that contributes immensely to the exposure of workers to precarious and dangerous work conditions in the country.

President Juan Carlos Varela of the Republic of Panama has said that his country would soon open an Embassy in Abuja to cement the relationship between Panama and Nigeria.

President Muhammadu Buhari on Tuesday, said he would not tolerate mediocrity from any public or private citizen, just as he would go out of his way to reward excellence.

A former Governor of Anambra State, Peter Obi, has again lamented Nigeria’a poor attitude to education, contending that the nation has not done well in the sector even when compared to some other African countries.