LP Gas Initiative To Generate Us$ 10B For Nigeria –...

"If 50% of the current kerosene users in Nigeria switch over to Liquefied Petroleum Gas (LPG), Nigeria will generate about US$ 10.38b by 2018"...

Ngige Delights With Ivorian Under-Study Of Best Practices On Regulation Of...

The Honourable Minister of Labour and Employment, Sen. Chris Ngige today asserted that the choice of Nigeria by the Ivorian Government to under study...

Africans Should Be Bold To Rethink Economic Ideas, Says Vp Osinbajo

Time has come for Africans to re-think some of the time-worn economic ideas and myths that have held its people and policy makers bound...

FG Moves To Control Spending In MDAs

The Minister of Finance, Mrs Kemi Adeosun, has issued a circular on guidelines regarding budgeting, revenue and expenditure aimed at ensuring that MDAs remit...

Customs Duty: NCS Gives Deadline for Vehicles Owners

The Comptroller-General of Customs has approved a grace period of one month ending 12th April 2017 for owners of all vehicles within the Country whose customs duty has not been paid, to do so.

AGF Seeks World Bank’s Support on Economic Reforms

AGF Seeks World Bank's Support on Economic Reforms The Accountant-General of the Federation (AGF), Mr. Ahmed Idris has received the World Bank team of financial...

Nigeria will Be Out of Recession In 2018- NBS Boss, Dr....

Nigeria will Be Out of Recession In 2018- NBS Boss, Dr. Yemi Kale … all things being equal Barring any further hitches, the Nigerian economy will...

Summary Of 2016 Budget

  2016 Budget Speech “The Budget of Change”  Delivered By   His Excellency, Muhammadu Buhari President, Federal Republic of Nigeria To A Joint Session of the National Assembly PROTOCOLS I am honoured and privileged...

MAN Urges FG Not To Endorse ECOWAS- EU EPA

The President of the Association, Frank Udemba Jacobs made this appeal on Monday during a courtesy visit by the Association on the Ministry of Budget and National Planning. ‘’ The position of MAN on the ECOWAS-EU Economic Partnership Agreement (EPA) IS that Nigeria should not endorse the Trade Agreement in its present form as both parties are not at par developmentally. Succumbing to EU’S pressure for its endorsement would amount to economic slavery and doom for the country’s industrialization efforts because the modest achievements recorded so far would be wiped away. We request your support on this issue. Nigeria’s position should be given top- most consideration on entering in to any International Trade Agreement’’ he added.

FG to Provide 5,000 Housing Units in Each State

The Federal Government has assured public workers in Nigeria of adequate and informed plans for the provision of affordable houses as a panacea to the challenges of housing shortage in the country with an ambitious and unprecedented National Housing Programme aimed at constructing 5,000 units of houses in every state, over the next three years. This was disclosed by the Minister of State for Power, Works and Housing, Hon. Mustapha Baba Shehuri, during the Commissioning of a 202-Unit Ministerial Pilot Housing Scheme being financed by the Federal Mortgage Bank of Nigeria (FMBN) and built by a Private Developer, Black Afrik (Nig) Limited, in Jalingo, Taraba State.

FAAC Shares N610bn to FG, States, LGCs in December 2017

FAAC Shares N610bn to FG, States, LGCs in December 2017 The sum of N609.959 has been shared as Federation Allocation among the Federal, States and...

YouWiN! to mobilise N2.5Bn for SMEs

YouWiN! to mobilise N2.5Bn for SMEs The YouWiN! Connect plans to mobilise up to N2.5bn annually as equity investment in start-ups and early stage SMEs through...

Economy: Government determined to encourage private sector investments – Udoma

Government’s focus, according to him, is on creating an enabling environment and looking at those areas that are capable of encouraging inflow of investments from the private sector. Minister of State, Hajia Zainab Ahmed told the delegation that Nigeria at this time needs investors who can look at ailing and moribund industries and infrastructure and not only put in their resources into revive them but administer them to profitability.

Otuwa Must Lead The Diversification Of Ecowas Economy – Ngige

The Minister of Labour and Employment, Sen. Chris Ngige has urged the Organisation of Trade Union of West Africa (OTUWA) to lead the vanguard for the diversification of the economy of the ECOWAS sub-region in view of the adverse effects of the global economic downturn. Sen. Ngige who spoke at the opening of the three-day Workshop of OTUWA, which opened today in Abuja, said the mono-economic base of the West African countries is largely responsible for their current economic woes.

Capacity Building Key To Achieving 10,000mw By 2019 – Fashola

The Minister of Power, Works and Housing, Mr. Babatunde Raji Fashola, has emphasized that the target of 10,000MW by 2019 will not be realized except skill man-power needs are addressed in the sector, adding that design, building of plant, its operation and maintenance can only be carried out by key skilled manpower. So, the role of National Power Training Institute of Nigeria (NAPTIN), in the realization of the noble directive of Government cannot be over-emphasized, he therefore call on the newly graduating trainees under its Graduate Skills Development Programme (NGSDP), to brace up to this challenge by developing positive attitude that would enable them to be creative in solving the myriad of problems responsible for the lack of access to power by large majority of Nigerians.

AGF Receives Committee Of Vice Chancellors And Allays The Fears...

The Accountant General of the Federation, Alhaji Ahmed Idris has allayed fears being expressed in some Agencies of Government that the recent directive of...

Forex: CBN gives Retail SMIS $343.06m boost

Forex: CBN gives Retail SMIS $343.06m boost The retail Secondary Market Intervention Sales (SMIS) has received a boost of $343.06 million from the Central Bank...

ASVI 2017: States Generate N931bn, Only 8 Economically Viable, 17 States...

Annual States Viability Index ASVI: 36 States Generate N931bn IGR Against N3.3trn from Federation Account … Lagos Generates More IGR than 30 States Combined …. Economic...

Undue Process : VP, SGF Remove Female Top shot from Office

The Office of Vice President and Secretary to the Government of the Federation have been fingered in wrongful disengagement of Mrs Maryam Danna, a top shot at the Niger Delta Power Holding Company (NDPHC), Economic Confidential has learnt.

Road Infrastructure: FEC Approves Tax Relief Scheme for Private Sector

Road Infrastructure: FEC Approves Tax Relief Scheme for Private Sector The Federal Executive Council on Thursday approved a tax relief scheme to attract private sector...

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