Nigeria requires additional $350bn to achieve SDGs ⁠- UNDP

March 13, 2020

The United Nations Development Programme (UNDP) says Nigeria will require additional 350 billion dollars to achieve the sustainable development goals (SDGs), which will end in 10 years’ time. Mohamed Yahya, the resident representative of UNDP in Nigeria, made this known while hosting the House of Representatives committee on SDGs led by the chairman, Rotimi Agunsoye […]

Nigeria’s economy under threat as oil prices collapse

March 10, 2020

CBN meeting and NSE in focus

By Lukman Otunuga’s commentary    The staggering depreciation in oil prices could not have come at a more disruptive and critical time for the Nigerian economy.   Oil tumbled more than 30% overnight and now sits below $34 a barrel. These levels have not been seen since early 2016. The fall comes after Saudi Arabia announced massive discounts […]

Uzodima gives assent to Imo State revenue administration law

February 27, 2020

COVID-19: Imo governor announces further measures against the spread

By Dikachi Franklin,  Owerri As part of the efforts  to boost the internally generated revenue to help provide more infrastructural facilities in Imo State,  Governor Hope Uzodinma has assented to the Imo State Revenue Administration Law 2020 as amended. The law will not only help to boost the revenue  base of the state but further […]

Pondei, new NDDC chief, promises radical change at government quango

Ben EguzozieFebruary 22, 2020

Pondei, new NDDC chief, promises radical change at government quango

Ben Eguzozie, in Port Harcourt Kemebradikumo Daniel Pondei, a professor of medical microbiology and the new acting managing director of the Niger Delta Development Commission (NDDC), has promised to steer a radical direction in his headship of the Federal Government quango that has been at the centre of financial infractions since its establishment some 20 […]

Nigeria makes anti-corruption moves amid criticism over progress

Businessam StaffJanuary 31, 2020

Nigeria makes anti-corruption moves amid criticism over progress

Nigeria is publicly ramping up its efforts to prosecute graft, after what critics charge has been a lacklustre effort by President Muhammadu Buhari’s administration to deliver on its signature campaign promise of fighting corruption. Last week the country’s top anti-corruption enforcer demanded the extradition from the UK of a former petroleum minister accused of helping […]

FG’s delegation on arrival at Katsina airport on Monday

December 2, 2019

FG's delegation on arrival at Katsina airport on Monday

  A delegation of the federal government led by Lai Mohammed, the minister of information and culture, on Monday arrived Katsina in continuation of its assessment of border situations following the closure of the borders about three months ago. The team known as the Presidential Committee on Border Closure arrived the Shehu Umaru Yar’ Adua Airport at about […]

Patronise locally-made products, Buhari says in message to Lagos Trade Fair

November 1, 2019

President Muhammadu Buhari on Friday declared the 2019 edition of the Lagos International Trade Fair open, reiterating that Nigerians should continue to patronise locally-made products and services to grow the nation’s economy. The News Agency of Nigeria reports that the trade fair, which is being promoted by the Lagos Chamber of Commerce and Industry, will […]

Transport minister offers Nigerians free Lagos-Ibadan train ride  

October 30, 2019

By Samson Echenim The Nigerian government plans to roll out free train services from Ebute Meta to Ibadan on November 30 this year, barring any delay in the completion of the rail tracks from Iju-Ishaga to Ebute Meta in Lagos. The move is part of an initiative by the government to ease traffic on the Lagos-Ibadan Expressway under […]