Stakeholders urge Lagos to leverage NGOs for effective implementation of N5bn LEAP
Hamid Ayodeji
November 25, 2020
By Hamid Ayodeji MSMEs should approach strategically Following the recently launched N5 billion Lagos Economic Acceleration Programme (LEAP) aimed at providing capital and economic stimulus for micro, small and medium enterprises (MSMEs) by the state’s administration led by Governor Babajide Sanwo-Olu in order to tackle the negative impact the COVID-19 pandemic has had on […]
Nigeria’s economy would end up weaker due to rising inflation rate – CBN survey reports
Charles AbuedeNovember 25, 2020
By Charles Abuede A new Central Bank of Nigeria (CBN) survey has revealed that Nigerians believe the economy would end up weaker with rising inflation which has found comfort on the economy and reaching its highest in 32 months to a record 14.23 per cent in October. This is contained in the inflation attitudes […]
Nigeria’s South-south subnational leaders’ wish-list majors on greater control of oil resources
Ben EguzozieNovember 25, 2020
Immediate privatization of two refineries in Port Harcourt, Warri Relocation of IOCs headquarters, oil subsidiaries to region Release of NDDC funds, East-West road completion, others But DFI experts urge corporate governance by the states At the Presidential meeting with leaders of Nigeria’s South-south subnational region in Port Harcourt, Rivers State on Tuesday, […]
Investing in human resources crucial for economic growth, says SystemSpecs’ exec
Hamid AyodejiNovember 24, 2020
By Hamid Ayodeji A senior executive of SystemSpecs, a provider of financial and human capital technology solutions, has stated that as technology transforms industries and economies around the world, shattering barriers and establishing new frontiers of possibilities, Nigeria must prioritise investment in her most important resource, human resources, if she is to attain a […]
Lagos appoints FBNQuest to oversee rebuilding trust fund, LSRTF
Hamid AyodejiNovember 24, 2020
By Hamid Ayodeji FBNQuest Trustees, a subsidiary of FBN Holdings Plc which provides trust solutions to individuals, corporate and government institutions, has been appointed by the Lagos State Government (LASG) to manage the Lagos State Rebuilding Trust Fund (LSRTF) established by Governor Babajide Sanwo-Olu. The governor signed an executive order early in November to […]
Kwara governor’s wife calls for economic diversification through agribusiness
Zainab IwayemiNovember 24, 2020
By Zainab Iwayemi Olufolake Abdulrazak, the first lady of Kwara State, has called for maximum attention to be paid to agribusiness as the state government invests heavily in the agriculture sector to encourage farming activities within the state. The first lady, in a virtual webinar tagged, “Agribusiness: The Need for Patient Capital”, monitored […]
Nigeria: How civil unrest, violent crime, insurgency intensified risks for personal security – report
Ben EguzozieNovember 24, 2020
Analysts gauge rising inflation till year-end as macro-economic risk Nigeria’s N3.12trn debt servicing in 2021 budget heightens debt burden New recession lays country bare to harder times ahead The spate of civil unrests, violent crimes and insurgency across virtually all parts of Nigeria, which peaked particularly in October, with yet to-be fully […]
Jigawa State targets food security with N12.1bn allocation to agriculture in 2021 budget
Onome AmugeNovember 20, 2020
By Onome Amuge The government of Nigeria’s northern sub-national state of Jigawa has earmarked the sum of N12.1 billion for agriculture in its 2021 budget as it aims to significantly increase production and foster food security. Muhammad Abubakar, the state governor, disclosed that the budget recently presented to the state assembly for approval was […]
Anambra State denies receiving N25bn DMO bond
Ben EguzozieNovember 20, 2020
Declares state healthy with lowest unemployment at 13.1% against national 27.1% Signposts BudgIT’s best fiscal responsibility index Anambra, Nigeria’s sub-national with impressive ratings in fiscal responsibility and model in governance by domestic and international assessors, said recent claims by some groups that it has received N25 billion bond from the Debt Management Office […]
Edo conceives state-led security scheme to tackle insecurity, safeguard residents
Chris IkosaNovember 19, 2020
By Onome Amuge Governor Godwin Obaseki of Edo State has reaffirmed his administration’s commitment towards devising a new state-operated security scheme aimed at tackling insecurity and safeguarding lives and properties in the state. Obaseki, who made this known during a thanksgiving service to commemorate his inauguration for a second term in office, charged religious […]