Delta’s Economy Up By 51% In 6 years As Non-oil Sector Boosts GDP
June 27, 2021 Emu attributed the growth in agricultural output to the effect of value chain development coupled with youth agricultural entrepreneurship programmes of the Okowa administration The size of…
NEC pledges support for national broadband penetration plan
The Minister of Communications and Digital Economy, Mr. Ali Isa Pantami has sought the support of National Economic Council (NEC) in the formulation and implementation of policies that will ease…
Pandemic lockdowns leave $10trn hole in global economy
A strong rebound this year would still leave the world down with an estimated 10 trillion dollars due to the coronavirus pandemic and lockdowns, according to the United Nations Conference…
Africa’s collective debt now 70% of the continent’s GDP – AfDB
African Development Bank, AfDB, President Akinwumi Adesina, recipient of the 2017 World Food Prize, and Professor Joseph E. Stiglitz, recipient of the 2001 Nobel Memorial Prize in Economic Sciences, have…
Budgets insufficient to meet the expectations of Nigerians – Akabueze
The Director-General of the Budget Office, Mr Ben Akabueze, has advised the government at the federal, state and local government levels to adequately address the needs of the people. Akabueze,…
Nigeria telecoms: Riding on the wings of investment, sound regulation
By Theresa Igata, Snr. Correspondent The year 2020 for some has come to be known as the year of the pandemic with the apparent economic recession and headwinds occasioned by…
Nigeria needs $3tr to bridge infrastructural deficit – Osinbajo
Vice President Yemi Osinbajo says three trillion dollars is needed to bridge the infrastructural deficit in Nigeria over the next 30 years. Referencing statistics available in the Nigerian Integrated Infrastructure…
Nigeria slips into worst recession, the second under Buhari – NBS report
The National Bureau of Statistics, NBS, has reported a second recession in five years for the Nigerian economy, this time far worse than that of 2016. The figures by NBS…
NCC remits N344.71bn into FG’s Consolidated Revenue Fund in 5 years
The Nigerian Communications Commission (NCC), says it remitted N344.71 billion into the Federal Government’s Consolidated Revenue Fund (CRF) in the last five years. NCC Executive Vice Chairman, Prof. Umar Danbatta,…
FG says Atiku’s predictions on the nation’s debt profile has no basisÂ
The Federal Government says the alarm and doom predictions by former Vice President Atiku Abubakar on the country’s debt profile is anchored on a false premise. The government position is contained…