NECA, LCCI, fault Buhari’s directive on food importation

Businessam StaffAugust 15, 2019

The Nigeria Employers’ Consultative Association and the Centre for Social Justice say the directive by president Muhammadu Buhari to the Central Bank of Nigeria to withdraw foreign exchange for importation of food is coming at a wrong time. They made their views known on Wednesday in separate statements. The Lagos Chamber of Commerce and Industry, […]

’98 million Nigerians multidimensionally poor’- UNDP

Businessam StaffJuly 12, 2019

UN

United Nations Development Programme (UNDP) says the number of Nigerians, who are multidimensionally poor has increased from 86 million to 98 million in the past decade up to 2017. This is contained in a statement on Thursday by Lucky Musonda, UNDP’s communications specialist, head of communication unit. Musonda stated that the figures are part of […]

AfDB allays manufacturers’ fears, says factories will benefit most from AfCFTA

July 10, 2019

By Samson Echenim with agency reports   Against local manufacturers fears that the African Continental Free-Trade Agreement (AfCFTA) recently ratified by Nigeria will flood the country’s markets with substandard products from neigbouring countries, the African Development Bank has said the free trade pact will help local manufacturers most than operators in other sectors. Akinwmi Adesina, […]

Buhari inaugurates NEC for 2019-2023 session June 20, 2019 Adedeji Adekunle

June 20, 2019

National Economic Council President Muhammadu Buhari has inaugurated the 2019-2023 session of the National Economic Council (NEC). The inauguration was done at the Presidential Villa, Abuja, on Thursday. The council is chaired by Vice President Yemi Osinbajo and includes governors of the 36 states. Many of the state governors, including those elected for the first […]

Wike opens criminal trial of indicted ex-commissioners over N34.5bn syringe factory

Ben EguzozieMay 8, 2019

…former health, finance commissioners to face criminal trials …factory could produce one billion syringes per annum   Governor Nyesom Wike of Rivers State has opened criminal prosecution of two indicted former commissioners in the state who allegedly had a hand or two in the collapse of a N34.5 billion state-owned auto-destruct syringe factory at Rumosi, […]

Group canvases inclusive governance to fast track economic growth

Ben EguzozieMarch 7, 2019

To fast track economic growth in the country, President Muhammadu Buhari and the incoming state governors across the federation have been told to adopt an inclusive governance approach in the administration of state affairs. This suggestion was made by Emem Okon, the executive director of Kebetkache Women Development and Resource Centre (KWDRC), a non-governmental organisation […]

APC’s Uzodinma promises economic council for Imo State

February 7, 2019

By Dikachi Franklin, in Owerri The plan to establish State Economic Development and Rehabilitation Council(SEDARC) for the bartered Imo State economy will soon materialise if Senator Hope Uzodinma, the governorship candidate of the All Progressives Congress(APC) wins the gubernatorial election, which comes in a few weeks from now. The council will serve as a remedial framework […]

Enugu pledges to improve its sub-national ease-of-doing business

Ben EguzozieJanuary 17, 2019

…as Ugwuanyi inaugurates neurosurgical health facility Enugu, Nigeria’s south-eastern sub-national state, with an estimated gross domestic product (GDP) economy of $6.5 billion, says it is ramping up its ease-of-doing business, especially to attract private investment into the coal-rich state. Already, one of such private investments is a multi-million-naira neurosurgical reference health facility, the Memfys Hospital, […]

Presidential town hall series to start Jan 9 

January 5, 2019

An alternative platform of interface between the presidential and vice presidential candidates of the four leading political parties that will contest the 2019 general elections and the citizens has been launched. The platform known as “The Candidates”, is a presidential town hall co-production between Daria Media and NTA, supported by the MacArthur Foundation, and will […]