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The Nigeria Economic Summit Group (NESG) has called on the Federal Government to carry out comprehensive study on the workings of cryptocurrencies to check financial excesses.
The Nigerian Economic Summit Group has predicted a growth rate of 2.9 per cent for the Nigerian economy in 2021, higher than the 1.5 per cent growth rate suggested by the International Monetary Fund.
Governors of the thirty six states under the aegis of the Nigeria Governors Forum, NGF have resolved to meet with President Muhammadu Buhari to address the security challenges with continued cases of armed banditry, terrorism and kidnapping across the country.
The Nigeria Governors‘ Forum (NGF) has set up a seven-member sub-committee to review the trend of the Coronavirus and global failing in petroleum price, as well advice State governments on required measures to address the challenges on the economy.
The International Monetary Fund (IMF), on Monday said Nigeria and other Sub-Saharan countries would grow their economies by an average of 3.4 per cent in 2018, from 2.8 per cent in 2017.
Economic experts have warned Nigeria not to be carried away by the influx of foreign portfolio investment dominating the Nigerian Stock Exchange (NSE), noting that a combination of highly mobile portfolio investments and unreliable crude earnings could unravel without warning, and cause external reserves to decline, as experienced from April to November 2008.
The Federal Government has integrated the Sustainable Development Goals (SDGs) into its Economic Recovery and Growth Plan (ERGP), an official said on Tuesday in Abuja.
The Minister of Budget and National Planning, Senator Udo Udoma, on Thursday said that the country is already moving out of economic recession.
Chairman/Chief Executive Officer of the National Drugs Law Enforcement Agency, NDLEA, Brigadier-General Buba Marwa (rtd) has expressed regret that the drugs abuse situation in the country is so bad that criminal elements especially kidnappers and armed bandits now ask for payment of ransoms in drugs.
The total borrowing of the country as of 31 December is 21.6 per cent of the GDP. So, if we were not looking at adding the other category of loans that I mentioned, we don’t even need to increase that at this time As of 2019, the debt to GDP ratio was 19.2 per cent so only two per cent was added.
The Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farouq, has inaugurated training for 259 Independent Monitors to supervise Integrated National Social Investment Program (N-SIP) at community level in Adamawa state.
The Northern State Governors Forum has expressed commitment to ending the nomadic grazing of cattle across the country as part of measures to resolve the herders-farmers conflict and end the activities of some criminal herdsmen.
The Ekiti government has acquired and installed a computerised vehicle inspection equipment to identify the level of road worthiness of vehicles in the state.
More than 200 million coronavirus vaccine doses have been administered in at least 107 countries and territories, according to an AFP count based on official sources Saturday.
The federal government has dismissed media reports that the Republic of Benin is aspiring to be the 37th state in Nigeria.
Zimbabwe is set to receive a further 800,000 doses of the Covid-19 jab from China, indicating the “excellent relationship” between the two nations and the Asian giant’s willingness to give the southern African state “preferential treatment” amidst a global “stampede” for vaccines, Zimbabwe’s presidential spokesman George Charamba is quoted by the state-owned Herald newspaper as saying.
The All Progressives Congress, APC, in Oyo State, has described the purported plan by Governor Seyi Makinde to conduct fresh local government election in May this year as a theatre of the absurd which could not attract the attention of any serious political player or pundits as it was a mere waste of time and resources.
Stakeholders of the Peoples Democratic Party in Ogbomoso Zone have risen in defence of their decision to adopt Governor Seyi Makinde for a second term in office, declaring that the governor has firmly positioned Ogbomoso’s economy on the global pedestal.