Category: Economy
-
MINISTER OF FINANCE AND COORDINATING MINISTER FOR THE ECONOMY SUPPORTS DIGITISATION, ENHANCED PENSION MANAGEMENT
From Lateef Taiwo The Honourable Minister of Finance and Coordinating Minister for the Economy, Mr Wale Edun, has reaffirmed the Federal Government’s unwavering dedication to improving pension management and enhancing the welfare of pensioners. Edun disclosed this during a working visit on Wednesday, to Pension Transitional Arrangement Directorate ( PTAD), Headquarters in Maitama, Abuja During…
-
Kwara’ll leverage infrastructure to boost economy – Finance Commissioner
Stephen Olufemi Oni, Ilorin. Kwara State Government has assured the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) that the State would continue to leverage on infrastructural development to drive economic growth in the State. The State Commissioner for Finance, Dr. Hauwa Nuru, who gave the assurance on Wednesday in Ilorin, the State capital, during an…
-
Steel is key to Nigeria’s industrialisation drive: Kwara Gov
Stephen Olufemi Oni, Ilorin Kwara State Governor AbdulRahman AbdulRazaq is optimistic that Nigeria’s industrialisation efforts would yield awesome results once the country maximises its steel potential through the proposed reforms by President Bola Ahmed Tinubu. He said the move by the Federal Government to revive Ajaokuta Steel Company is sacrosanct and key to the industrialisation…
-
NNPC Clarifies Fuel Scarcity Amid Growing Concerns in Abuja and Kaduna
By Milcah Tanimu The Nigerian National Petroleum Company Limited (NNPCL) has attributed the recent surge in fuel scarcity to logistical challenges. In a statement released by Olufemi Soneye, Chief Corporate Communications Officer of NNPCL, the company acknowledged the difficulties faced in some areas across the country but assured that the issues have been resolved. Despite…
-
“Governor Oborevwori Calls for Revitalization of Refineries to Ease Naira-Dollar Pressure”
By Milcah Tanimu Governor Sheriff Oborevwori of Delta State has emphasized the importance of revitalizing Nigeria’s refineries to alleviate pressure on the naira against the dollar. He expressed optimism that if the country ceases the importation of petroleum products and focuses on domestic refining, it would significantly reduce the strain on the nation’s foreign exchange…
-
“Kaduna State’s Debt Dilemma: Unraveling the Paradox of Governance”
By Milcah Tanimu Kaduna State finds itself ensnared in a web of financial intricacies, grappling with the consequences of mismanagement and political intrigue. Recent revelations have brought to light a staggering debt burden, second only to Lagos, exposing the state’s precarious fiscal situation. Of particular concern is the role played by the current occupant of…
-
National Grid Experiences Another Collapse, Plunging Nigeria into DarknessMarch 28, 2024
By Milcah Tanimu Nigeria faced yet another setback on Thursday as its national power grid collapsed once again. The Abuja Electricity Distribution Company confirmed the incident via its social media platforms, informing customers about the outage. According to the AEDC, the collapse occurred around 4:28 pm, resulting in widespread power outages across the country. “Dear…
-
“Government Urges Focus on Productive Economic Activities Amid Dollar Speculation”
By Milcah Tanimu The government has issued a call to prioritize productive economic activities amidst growing speculation surrounding the dollar. Emphasizing the distinction between currency as a means of exchange and a commodity, authorities urge businesses to engage in meaningful ventures rather than purely speculative practices. The move comes amidst concerns over excessive speculation in…
-
Nasarawa and Benue Governors Unite to Address Insecurity and Food Crisis
By Milcah Tanimu Governors from Nasarawa and Benue states have joined forces to tackle the pressing issues of insecurity, food shortages, and economic development in their respective regions. Following a closed-door meeting in Lafia, Governor Hyacinth Alia of Benue State revealed that both states have devised comprehensive strategies aimed at fostering peace, enhancing agricultural productivity,…
-
Oluremi Tinubu Inaugurates Digital Economy Center and E-Learning Facilities in Oyo, Encourages Women’s Participation
By Milcah Tanimu Oluremi Tinubu, the wife of Nigeria’s president, played a significant role on Tuesday as she inaugurated a Digital Economy Center and E-learning facilities at Ogbomosho Girls High School. The First Lady emphasized the importance of women’s contributions to the digital revolution for national development and sought the active participation of Nigerian women.…