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By 'Dotun Akintomide Venue Owners in Nigeria have been charged to deliver on their mandate of providing quality service to venue users to deepen the sector's contribution to the socio-economic development of the country. The New Diplomat gathered this much at the 2017 Venue Owners' Summit organized in Lagos entitled "Venue Management: Harnessing The Business…
September 24, 2017
By 'Dotun Akintomide With a dismissal 4.8% contribution to National Gross Domestic Product (Jumia Travels 2017), local and foreign experts advertently believed that the hospitality industry lags behind other sectors of the Nigerian economy amid several untapped potentials, notwithstanding the diversification effort of the incumbent administration to scale up activities. But for the Group Managing…
September 23, 2017
 Says N269.27bn Has Been Released For His Ministry From 2017 Budget By 'Dotun Akintomide To reduce the debt owed contractors, federal government in 2017 has paid out N47.169bn to 62 Contractors handling infrastructural projects in the country, the honourable Minister of Power, Works and Housing, Mr. Babatunde Fashola has said. The minister said the debt…
September 16, 2017
The federal government has ordered the probe of past heads of the Joint Admission and Matriculation Board (JAMB) and the Nigerian Maritime Administration and Safety Agency (NIMASA), over what it called poor remittances in the past. The minister of Finance, Kemi Adeosun, disclosed this to State House Correspondents, yesterday ,after the Federal Executive Council meeting…
September 14, 2017
Nigeria’s public debt stock for both the Federal Government and the states as at June 30 stood at N19.63 trillion, the Debt Management Office (DMO) said. The DMO, according to  a report on its website said the external debt stock of both the state and Federal governments  was N4.6 trillion,  while the domestic debt stock of…
September 12, 2017
The Federal Government said it has created 54,680 jobs in housing sector since inception in 2015. Minister of Works, Power and Housing. Mr. Babatunde Raji Fashola, who disclosed this at the sixth National Council on Land, Housing And Urban Development, in Abuja, noted that out of this figure, 13,680 people got direct jobs, while 41,000…
September 7, 2017
Investment inflows into Nigeria rose by 95.02 per cent from $884.1 million in the first quarter of this year to $1.79bn in the second quarter. The National Bureau of Statistics (NBS) disclosed this in a capital importation report released yesterday. The bureau, in the report attributed the main driver of the quarterly growth in capital…
August 23, 2017
Vice President Yemi Osinbajo hinted yesterday that the federal government spent N1.3 trillion on capital projects from the 2016 budget appropriation. Speaking at the2017 Nigerian Bar Association (NBA) national conference in Lagos, Osinbajo noted that the figure was the highest sum spent on infrastructure in the history of the country. “The federal government spent about…
August 22, 2017
The federal government and 36 states of the federation including the Federal Capital Territory (FCT) have so far received the sum of N2.56 trillion in the first half of 2017 from the Federation Account Allocation Committee (FAAC) as monthly allocations, investigation by Economic Confidential magazine has revealed. According to a press statement issued yesterday in…
August 21, 2017
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By 'Dotun Akintomide Venue Owners in Nigeria have been charged to deliver on their mandate of providing quality service to venue users to deepen the sector's contribution to the socio-economic development of the country. The New Diplomat gathered this much at the 2017 Venue Owners' Summit organized in Lagos entitled "Venue Management: Harnessing The Business…
September 24, 2017
By 'Dotun Akintomide With a dismissal 4.8% contribution to National Gross Domestic Product (Jumia Travels 2017), local and foreign experts advertently believed that the hospitality industry lags behind other sectors of the Nigerian economy amid several untapped potentials, notwithstanding the diversification effort of the incumbent administration to scale up activities. But for the Group Managing…
September 23, 2017
 Says N269.27bn Has Been Released For His Ministry From 2017 Budget By 'Dotun Akintomide To reduce the debt owed contractors, federal government in 2017 has paid out N47.169bn to 62 Contractors handling infrastructural projects in the country, the honourable Minister of Power, Works and Housing, Mr. Babatunde Fashola has said. The minister said the debt…
September 16, 2017
The federal government has ordered the probe of past heads of the Joint Admission and Matriculation Board (JAMB) and the Nigerian Maritime Administration and Safety Agency (NIMASA), over what it called poor remittances in the past. The minister of Finance, Kemi Adeosun, disclosed this to State House Correspondents, yesterday ,after the Federal Executive Council meeting…
September 14, 2017
Nigeria’s public debt stock for both the Federal Government and the states as at June 30 stood at N19.63 trillion, the Debt Management Office (DMO) said. The DMO, according to  a report on its website said the external debt stock of both the state and Federal governments  was N4.6 trillion,  while the domestic debt stock of…
September 12, 2017
The Federal Government said it has created 54,680 jobs in housing sector since inception in 2015. Minister of Works, Power and Housing. Mr. Babatunde Raji Fashola, who disclosed this at the sixth National Council on Land, Housing And Urban Development, in Abuja, noted that out of this figure, 13,680 people got direct jobs, while 41,000…
September 7, 2017
Investment inflows into Nigeria rose by 95.02 per cent from $884.1 million in the first quarter of this year to $1.79bn in the second quarter. The National Bureau of Statistics (NBS) disclosed this in a capital importation report released yesterday. The bureau, in the report attributed the main driver of the quarterly growth in capital…
August 23, 2017
Vice President Yemi Osinbajo hinted yesterday that the federal government spent N1.3 trillion on capital projects from the 2016 budget appropriation. Speaking at the2017 Nigerian Bar Association (NBA) national conference in Lagos, Osinbajo noted that the figure was the highest sum spent on infrastructure in the history of the country. “The federal government spent about…
August 22, 2017
The federal government and 36 states of the federation including the Federal Capital Territory (FCT) have so far received the sum of N2.56 trillion in the first half of 2017 from the Federation Account Allocation Committee (FAAC) as monthly allocations, investigation by Economic Confidential magazine has revealed. According to a press statement issued yesterday in…
August 21, 2017
