Economy Archives — Page 214 of 230

January 9, 2017 No Responses

‘Beneficiaries of the conditional cash transfer were identified before May 29, 2015’

Details are emerging on how the Federal Government determined the beneficiaries of the Conditional Cash Transfer who are now receiving the N5000 monthly stipends across the nine pilot States. According to the Senior Special Assistant on Media & Publicity in...

January 9, 2017 No Responses

Venezuela minimum wage to rise by 50% ‘to combat inflation’

(BBC) Venezuela’s government has announced a 50% increase in the minimum wage and pensions amid runaway inflation. President Nicolas Maduro says the move will protect jobs and incomes. Critics say it may worsen the crisis. The opposition accuses Mr Madur...

January 8, 2017 No Responses

Edo to introduce POS for revenue collection, targets 10,000 jobs

Edo State Governor, Mr. Godwin Obaseki has set up modality for the employment of 10,000 workers inline with his promise to create 200,000. Under the arrangement, the State Government is to establish an electronic platform that will collect revenue...

January 8, 2017 No Responses

The A, B, Cs of FG’s N220bn Agric anchor borrowers’ scheme

By John Mayaki – For citizens of Edo State who aren’t in the know of the Federal Government’s N220 billion Micro, Small and Medium Enterprises Development Fund – agriculture anchor borrowers’ scheme, and how they can benefit, this wil...

January 3, 2017 No Responses

FG begins payment of N5,000 to poorest, vulnerable Nigerians

As part of its determined efforts to touch the lives of Nigerians positively, the Federal Government has commenced payment of N5, 000 monthly stipends to the poorest and the most vulnerable in the country through the Conditional Cash Transfer (CCT)...

January 3, 2017 No Responses

‘United Labour Congress will make a difference in 2017’

By Joe Ajaero – As we all march into the beginning of 2017. As we all ponder the direction of the nation; its economy; the colour of its politics and their probable impact on the lives and aspirations of the...

January 1, 2017 No Responses

Buhari’s 2017 message to Nigerians

I am happy to welcome you to the beginning of a New Year in our beloved country Nigeria. I felicitate with you today at a time when our nation is witnessing a new and impressive turnaround in our security and...

January 1, 2017 No Responses

Buhari begins actualisation of ECOWAS mandate

In the discharge of his mandate as the Economic Community of West African States (ECOWAS) mediator for The Gambia, President Muhammadu Buhari has activated the process for the execution of his task. One of the outcomes of the just-concluded ECOWAS Summit...

December 31, 2016 No Responses

Lagos issues N47billion bond

Lagos State has issued N47 billion Series 1 Bond maturing in December, 2023 under its N500 billion Third Debt Issuance Programme. Speaking during the signing ceremony held at the Lagos House, Ikeja,on Friday, the State Governor, Akinwunmi Ambode explained that...

December 30, 2016 No Responses

‘No plastic rice in Nigeria’

The National Agency for Food and Drug Administration and Control (NAFDAC) has explained that laboratory result of the suspected fake rice showed that the product was not plastic but rice contaminated with micro organisms. The Acting Director General, NAFDAC, Y...

December 28, 2016 No Responses

FG identifies 50,000 ghost workers

The Federal Government has saved N200 billion by eliminating 50,000 ghost workers from its payroll, Senior Special Assistant to the President on Media and Publicity, Mallam Garba Shehu has said. According to the Government, between February and this month, N13...

December 28, 2016 No Responses

African Food Festival: Ayade, Ita-Giwa, others laud Dangote

Cross River State Governor, Professor Ben Ayade has commemded Dangote Industries ltd for sponsoring the maiden edition of African Food festival Calabar. Declaring the festival open, the Governor who was represented by his wife, Dr. Linda Ayade lauded the exe...

December 25, 2016 No Responses

Buhari pledges to tackle poverty

President Muhammadu Buhari has reiterated the resolved of the Federal Government to tackle poverty across the country by stimulating the economy. In his chrismas message on Saturday, Buhari urged Nigerians not to lose hope, but seek divine intervention for t...

December 23, 2016 No Responses

Lack of counter-part funds from FG stalls retirees’ benefits

Organized Labour under the aegis of Association of Senior Civil Servants of Nigeria (ASCSN) has urged the Federal Government to release its counter-part funds to the National Pension Commission (PENCOM) so that thousands of retired Public Servants can be paid....