The Nigerian Government has begun the implementation of the agricultural programmes in partnership with the Bill and Melinda Gates assisted food sufficiency programme. According to ChannelsTV, Farmers in Benue, Kogi and Kaduna states will be trained to develop value chains, food processing and marketing. A delegation from the Gates Foundation were in Makurdi, the Benue […]
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The former Governor of the Central Bank of Nigeria (CBN), Prof. Charles Chukwuma Soludo said the size of nation’s Gross Domestic Product has shrunk from about $575 billion to about $354 billion. Soludo said this at an economic talk shop, organised by the Vanguard newspapers. The talk shop which had other panelists such as Comrade […]
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Nigeria’s government this week launched a master plan to lift it out of recession, hoping to hit 7.0 percent growth by 2020, but economists believe the programme sets the bar too high. The detailed plan was published on Monday and outlines how the west African oil giant thinks it can turn around its worst economic […]
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The Minister of Budget and National Planning, Udoma Udo Udoma, on Wednesday, said that the current recession in the country will end before this year runs out. According to him, the yet to be passed 2017 Budget has been structured to achieve the goal. He spoke with State House correspondents at the end of the […]
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The Minister of Budget and National Planning, Udoma Udo Udoma, on Wednesday, said that the current recession in the country will end before this year runs out. According to him, the yet to be passed 2017 Budget has been structured to achieve the goal. “The five priorities areas that we have are: [su_list icon=”https://newstage.com.ng/wp-content/uploads/2015/11/cropped-newstage_logo.png”] Stabilising […]
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Nigeria will sell portions of its oil assets to help fund President Muhammadu Buhari’s four-year plan to lift the economy from its worst slump in a quarter century and create 15 million jobs, Bloomberg report. In the 2017-2020 economic blueprint, which lenders including the World Bank are awaiting to conclude funding facilities for Africa’s second-biggest […]
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Much after months of extensive consultations and meeting with stakeholders from both the private and public sectors of the country, the Nigeria Federal Government on Tuesday finally releases plan to recover her Economy and way for Growth to return – the plan is expected to take the nation out of recession. The document which was released by […]
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The Lagos Chamber of Commerce & Industry (LCCI) has commended the Federal Government on efforts to improve the business operating environment. Its President, Mrs Nike Akande commended the creation of the Presidential Enabling Business Environment Council (PEBEC), chaired by the Acting President, Prof Yemi Osinbajo and the Minister of Trade and Investment, Dr Okechukwu Enelamah […]
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The President-General, Maritime Workers Union of Nigeria (MWUN), Comrade Tony Emmanuel Nted, in this interview with journalists says the union will have no other option than to embark on street protest, if government fails to heed its plea to stop implementation of some its alleged anti-people policies. STANLEY IHEDIGBO brings the excerpts You were quoted […]
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A former Secretary to the Government of the Federation, Chief Olu Falae has faulted the proposed price control of the Federal Government, saying it would not alleviate the suffering of the people, particularly farmers in the rural areas. Falae, a former Minister for Finance said there was a need to allow market forces to determine […]
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The Director-General, Budget Office of the Federation, Mr Ben Akabueze, says there is no padding in the 2017 Budget as being alleged in some quarters. He said this at a news conference in Abuja on Thursday while clarifying issues raised concerning the budget. Akabueze said that ‘padding’ was a term used to describe unauthorised or […]
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The International Monetary Fund on Thursday urged Nigeria to step up its economic reform efforts before the opportunity for reforms becomes more limited. “Urgency is needed in implementing a coherent and credible package of monetary, fiscal and structural policies as the window for bold reforms is closing as the 2019 elections are approaching fast,” IMF […]
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