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

…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, […]

Nigeria approves N14.7bn for production of ECOWAS biometric ID card, effective Jan. 2019

The Nigerian government will from January 2019 commence the production and issuance of the Economic Community of West African States (ECOWAS)  biometric identity cards for Nigerians. This followed the approval granted by the Federal Executive Council for the production of the cards. Abdulrahman Dambazau, minister of Interior, the announcement while speaking on the outcome of […]

October allocation to Nigeria’s national, sub-national governments rises to N788bn on the back of higher crude output

Total monthly payout by Nigeria’s Federal Account Allocation Committee  (FAAC) for distribution to the national and sub-national governments rose  by 12.9 per cent to 788.13 billion in October despite the lower crude prices due to higher production output to make up for the shortfall in price. The N788.139 shared in Kaduna surpassed the N698.710 billion […]

Nigeria now 115th most competitive country in the world

The latest global competitiveness index released Wednesday by the World Economic Forum (WEF) has shown Nigeria now ranks 115th position among 140 countries of the world. This position is, however, three positions lower than the 112nd position it ranked among 135 countries in 2017. According to the  WEF, the new global competitiveness index 4.0, assesses […]