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The Federal Executive Council (FEC) Thursday approved the 2018 Appropriation Bill. Briefing journalists after the weekly FEC meeting, the Minister of Budget and National Planning, Senator Udo Udoma, who did not disclose details of the estimates proposed for the next fiscal year, said the disclosure could only be made by President Muhammadu Buhari. He also…
October 27, 2017
The Nigerian Association of Energy Economics (NAEE) said the Nigerian government will need estimated 1.6 billion dollars to complete critical infrastructure in generation, transmission and distribution of power between 2017 and 2020. The President of the association, Prof. Wumi Iledare disclosed this in Abuja to mark the 2017 World Energy Day with the Theme “…
October 24, 2017
The average price paid by consumers for Premium Motor Spirit (petrol) dropped by 1.2 per cent year-on-year, the Nigeria Bureau of Statistics (NBS), has said According to a report on the NBS website, the Bureau also listed states with the highest and lowest average price of petrol in comparison with the approved government price of…
October 20, 2017
…harps on modern farming methods The Governor of Edo State, Mr. Godwin Obaseki has disclosed that the goal of his administration in the next two years is to ensure that farmers in the State cultivate a minimum of 250,000 hectares of farmland. Obaseki said this on Saturday at the 13th Esan Economic Empowerment Workshop, with…
October 16, 2017
African countries have been urged to begin a holistic review of all trade and tax laws as well as international trade treaties entered into in the last decades. The call came at the ongoing Pan-African Conference on Illicit Financial Flows (IFFs) from Africa, where it was disclosed that Africa loses over 50 billion dollars to…
October 12, 2017
American economist Richard Thaler won the Nobel Economics prize on Monday for showing that economic and financial decision-makers are not always rational, but mostly deeply human. Bridging the gap between economics and psychology, Thaler’s research focuses on behavioural economics which explores the impact of psychological and social factors on decisions by individuals or groups in…
October 9, 2017
Domestic airlines in Nigeria lifted a total of 3,287,310 passengers in the first six months of this year, the News Agency of Nigeria (NAN) reports. The figure, however, represents a 21 per cent decrease, compared to the 4,193,862 passengers airlifted within the period last year. According to the Consumer Protection Directorate of the Nigerian Civil…
October 9, 2017
Alhaji Aminu Goronyo, National President, Rice Farmers Association (RIFAN), says more than 12 million rice farmers will participate in this year’s Anchor Borrowers Programme of the Central Bank of Nigeria (CBN). Goronyo disclosed this to the News Agency of Nigeria (NAN) in Kaduna onThursday, while sensitising rice farmers to the requirements of the new phase…
October 5, 2017
The Minister of Finance, Mrs. Kemi Adeosun, has revealed Federal Government’s plan to roll over at least 60 per cent of 2017 capital projects to 2018 budget proposal. Adeosun made this known when she appeared before the Senate Joint Committees on Finance and Appropriations. She was accompanied by the Minister for Budget and National Planning,…
October 4, 2017
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The Federal Executive Council (FEC) Thursday approved the 2018 Appropriation Bill. Briefing journalists after the weekly FEC meeting, the Minister of Budget and National Planning, Senator Udo Udoma, who did not disclose details of the estimates proposed for the next fiscal year, said the disclosure could only be made by President Muhammadu Buhari. He also…
October 27, 2017
The Nigerian Association of Energy Economics (NAEE) said the Nigerian government will need estimated 1.6 billion dollars to complete critical infrastructure in generation, transmission and distribution of power between 2017 and 2020. The President of the association, Prof. Wumi Iledare disclosed this in Abuja to mark the 2017 World Energy Day with the Theme “…
October 24, 2017
The average price paid by consumers for Premium Motor Spirit (petrol) dropped by 1.2 per cent year-on-year, the Nigeria Bureau of Statistics (NBS), has said According to a report on the NBS website, the Bureau also listed states with the highest and lowest average price of petrol in comparison with the approved government price of…
October 20, 2017
…harps on modern farming methods The Governor of Edo State, Mr. Godwin Obaseki has disclosed that the goal of his administration in the next two years is to ensure that farmers in the State cultivate a minimum of 250,000 hectares of farmland. Obaseki said this on Saturday at the 13th Esan Economic Empowerment Workshop, with…
October 16, 2017
African countries have been urged to begin a holistic review of all trade and tax laws as well as international trade treaties entered into in the last decades. The call came at the ongoing Pan-African Conference on Illicit Financial Flows (IFFs) from Africa, where it was disclosed that Africa loses over 50 billion dollars to…
October 12, 2017
American economist Richard Thaler won the Nobel Economics prize on Monday for showing that economic and financial decision-makers are not always rational, but mostly deeply human. Bridging the gap between economics and psychology, Thaler’s research focuses on behavioural economics which explores the impact of psychological and social factors on decisions by individuals or groups in…
October 9, 2017
Domestic airlines in Nigeria lifted a total of 3,287,310 passengers in the first six months of this year, the News Agency of Nigeria (NAN) reports. The figure, however, represents a 21 per cent decrease, compared to the 4,193,862 passengers airlifted within the period last year. According to the Consumer Protection Directorate of the Nigerian Civil…
October 9, 2017
Alhaji Aminu Goronyo, National President, Rice Farmers Association (RIFAN), says more than 12 million rice farmers will participate in this year’s Anchor Borrowers Programme of the Central Bank of Nigeria (CBN). Goronyo disclosed this to the News Agency of Nigeria (NAN) in Kaduna onThursday, while sensitising rice farmers to the requirements of the new phase…
October 5, 2017
The Minister of Finance, Mrs. Kemi Adeosun, has revealed Federal Government’s plan to roll over at least 60 per cent of 2017 capital projects to 2018 budget proposal. Adeosun made this known when she appeared before the Senate Joint Committees on Finance and Appropriations. She was accompanied by the Minister for Budget and National Planning,…
October 4, 2017
