Dangote, Sanusi endorse Buhari’s new economic advisory council

Omobayo Azeez Aliko Dangote, president and chief executive officer (CEO) of Dangote Industries Limited, has commended the new Economic Advisory Council (EAC) constituted by president Muhammadu Buhari to advise him on the nation’s economic growth and overall development. In a statement issued Wednesday by Anthony Chiejina, the chief corporate communications officer (CCCO) of the Dangote […]

FG mobilises committee to save local firms over AfCFTA

Richard Adebayo, the minister of industry, trade and investment, has stated that plans are ongoing to set up an action committee to protect local manufacturers. He said the move was imperative to address smuggling post-Africa Continental Free Trade Agreement (AfCFTA) while also tapping into the opportunities that the agreement would bring. The minister stated this […]

Climate change: 11% of Nigeria’s GDP may be affected by 2020 — Official

Sa’adatu Madaki, an official of the federal ministry of environment says 11 percent of Nigeria’s Gross Domestic Product (GDP) may be affected by 2020 if climate change is not addressed. Madaki, a senior scientific officer, department of climate change in the ministry made this known on Thursday in Kano at a two-day youth climate innovation […]

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

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

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 […]