Category: Economy

‘Made-In- Nigeria products key to sustained economic growth’
October 11, 2016 No Responses

‘Made-In- Nigeria products key to sustained economic growth’

To sustain economic growth, there is the urgent need for Nigeria to focus on Made-in-Nigeria goods and services.   Declaring open the 22nd Nigerian Economic Summit in Abuja on Monday, President Muhammadu Buhari explained that diversification of the Nigerian economy...
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‘How to boost growth, decent work in BRICS countries’
October 3, 2016 No Responses

‘How to boost growth, decent work in BRICS countries’

The International Labour Organisation (ILO) Director-General, Guy Ryder, has welcomed the Joint Declaration issued by the BRICS’s Labour and Employment Ministers at the end of their second summit in New Delhi.   Addressing participants at the second day of ...
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FG implores private sector on economic recovery
September 30, 2016 No Responses

FG implores private sector on economic recovery

The private sector hold the key to the quick recovery of Nigeria’s economy from recession, President Muhammadu Buhari has said.  Speaking on Thursday at the 44th Annual General Meeting (AGM) of the Manufacturers Association of Nigeria (MAN) in Abuja, Buhari...
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FG to get $1Billion loan from AfDB
September 27, 2016 No Responses

FG to get $1Billion loan from AfDB

The African Development Bank (AfDB) has approved a $1 billion loan to cover the deficits in Nigeria’s 2016 budget.    AfDB President, Akinwunmi Adesina told Journalists on Monday  after meeting with Vice President Yemi Osinbajo and other members of the...
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Adesina, AfDB President begins first official visit to Nigeria
September 26, 2016 No Responses

Adesina, AfDB President begins first official visit to Nigeria

      President of the African Development Bank (AfDB), Akinwumi Adesina, will visit Nigeria from September 26–28, 2016, on his first official visit to the country since his appointment last year.   A statement issued by AfDB explained that Adesina...
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Dangote targets $20billion investment
September 26, 2016 No Responses

Dangote targets $20billion investment

Despite current economic challenges, Dangote Group has announced plan to invest $20billion in Nigeria and other parts of the African Continent. A statement by the group explained that Chairman of the Group, Aliko Dangote, made the commitment in New York,...
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‘Reshuffle your cabinet now’
September 22, 2016 No Responses

‘Reshuffle your cabinet now’

As Nigeria’s economic crisis continue  unabated, some Senators have urged President Muhammadu Buhari to reshuffle his cabinet.  Specifically, the  Deputy Senate President, Ike Ekweremadu, has advised  President Buhari to  redeploy the Minister of Finan...
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Kachikwu, Adeosun, others list way out for Nigeria’s economy
September 20, 2016 No Responses

Kachikwu, Adeosun, others list way out for Nigeria’s economy

(NAN) The Minister of State for Petroleum, Ibe Kachikwu, has identified seven key implementation strategies to boost the petroleum industry and enable export of refined products by 2019. He announced this at the Presidential Quarterly Business Forum between th...
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Catholic Bishops task FG on poverty, unemployment
September 19, 2016 No Responses

Catholic Bishops task FG on poverty, unemployment

THE Catholic Bishops’ Conference of Nigeria (CBCN) at the weekend advised the Federal Government to tackle ongoing economic challenges ravaging the country.   In a communiqué issued at the end of the second plenary meeting held in Akure, Ondo State,...
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FG to reflate economy with N350B
September 17, 2016 No Responses

FG to reflate economy with N350B

The Federal Government has announced plan to boost the economy with additional N350 Billlion.   According to the Minister of Finance, Mrs Kemi Adeosun, plans are also underway to raise $1 Billion from Euro-Bonds by December, this year.  Briefing Journalists....
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How to tackle Nigeria’s economic challenges, by Tinubu
September 13, 2016 No Responses

How to tackle Nigeria’s economic challenges, by Tinubu

To successfully tackle Nigeria’s economic challenges, the National Leader of the All Progressives Congress, (APC), Asiwaju Bola Ahmed Tinubu has challenged Governments at all levels to re-strategise.   Speaking with Journalists on Monday after observing the...
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ILO seeks support for commitment of G20 to tackle inequality
September 6, 2016 No Responses

ILO seeks support for commitment of G20 to tackle inequality

 The Director General of International Labour Organisation (ILO), Guy Ryder has urged leaders to accelerate inclusive development to respond to growing employment and equality challenges.    He also welcomed the commitment taken by G20 leaders to tackle ris...
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NECA blames recession on inadequate policies
September 2, 2016 No Responses

NECA blames recession on inadequate policies

The Nigerian Employers Consultative Association of Nigeria (NECA) has blamed Nigeria’s ongoing economic challenges on inadequate policy direction on the part of the present administration.   President of NECA, Mr Larry Ettah, in his address at the Associati...
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No going back on new minimum wage, says NLC
September 2, 2016 No Responses

No going back on new minimum wage, says NLC

The Nigeria Labour Congress (NLC) yesterday called on  the Federal Government to reconstitute the tripartite committee to negotiate a new minimum wage in view of the current economic recession facing the country.   Speaking at 59th Annual General Meeting, NL...
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