economic development

How Nigeria can build a resilient economy – AfDB

March 31, 2023 Benjamin Umuteme, Abuja 0

Nigeria can build a climate resilient economy by adopting climate-smart agricultural practices; low-cost but effective technologies such as water harvesting and small-scale irrigation techniques, land and water conservation and management strategies, and minimum or zero tillage agriculture with high net returns to farmers, the African Development Bank has said.  In its 2022 country focused report Nigeria titled: Supporting Climate Resilience Read More

Nigerian Air: FG dangles fresh promise

March 23, 2023 Adeola Akinbobola 0

  Minister of Aviation, Hadi Sirika, Thursday March 23, insisted the controversial national carrier, Nigerian Air, will fly before May,29th, 2023. Sirika who gave the assurance at the 10th aviation stakeholders forum in Abuja further said the benefits Nigeria stands to derive from the establishment of the national carrier are to reduced capital flight from Nigeria, gain the optimal benefit Read More

Chambers of Commerce and Industry occupy a unique position in driving economic devt – Dangote

November 11, 2021 Segun Odunewu 0

Dangote Industries Limited says its participation at the Lagos International Fair like all major fairs in the country is a means of demonstrating our firm belief that Chambers of Commerce and Industry occupy a unique position in driving economic development through their activities. Speaking at the Dangote Special Day, at the on-going 2021 Lagos International Trade Fair, Group Executive Director, Read More

China firm, Mangal sign $600m agreement to build cement plant in Kogi

November 4, 2021 Bode Olagoke 0

As part of its expansion efforts, Mangal industries has signed an agreement with a Chinese firm Sinoma for the construction of three million metric tons per year Cement Plant and fifty megawatts captive power plant in Moba, Kogi state. The project is agreed to be completed in early 2024. A statement by the firm’s chief executive, Engr. Fahad Mangal, released Read More

Centre promises promotion of mgt education, entrepreneurship

November 2, 2021 Tope Sunday 0

The Director-General Centre for Management Development (CMD), Mr Bitrus Chinoko, has restated the commitment of the centre to the development and promotion of high standards of management education and entrepreneurial development for sustainable entrepreneurial success. Chinoko said this at the opening ceremony of the centre’s free business performance improvement series for small business owners and potential operators in Lagos. A Read More

Sokoto APC congress, Wamakko and the Judases

October 21, 2021 Salisu Dan-Inna 0

Democracy is unarguably the end product of a globally acclaimed process where those with the majority take the lead and or the majority. This means that majority carries the vote. This has been so in all transparent and acceptable political processes. The import of the above maxim or submission is therefore that those with the majority would always emerge victorious Read More

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Data is key to supporting policies to address socio-economic challenges – Kale

October 6, 2021 Admin III 0

Data remains a critical tool for supporting policies addressing socio-economic challenges like poverty and unemployment in Nigeria. Dr. Yemi Kale, the immediate past Statistician-General of the Federation and Director-General of the National Bureau of Statistics (NBS), has said. He made this point while expressing his views on “Data and Economic Development in Nigeria”. According to Kale, data spotlights sectors with Read More

High unemployment taints young people trust political system – Kreck

October 6, 2021 Amaka Ifeakandu 0

Resident Representative of Konrad-Adenaur- Stiftung , Dr Vladimir Kreck said that high unemployment among the young people in Nigerian makes it difficult to show trust in the political system. Mr Kreck who made this statement in Lagos at the national retreat for Young Parliamentarian Forum (YPF) of the National Assembly said that today mani young people are dissatisfied with the Read More

ICT, major world economy driver critical to Nigeria’s future – Folarin

September 30, 2021 Bayo Agboola 0

The Chairman, Senate Committee on Local Content, Senator Teslim Folarin, Thursday tasked the Nigerian youth to recognise the role of Information Communication Technology (1CT) as a major driver of world economy and critical to our future as a nation. Folarin said this while speaking at the closing of his facilitated 4-day Batch “B” empowerment trainings for 1000 youths of the Read More

Blueprint’s Najib Sani wins NUJ best reporter award in Bauchi

September 30, 2021 Najib Sani 0

Bauchi state correspondent of Blueprint Newspaper Najib Sani, has won the state council of the Nigeria Union of Journalists (NUJ) award as ‘Best Upcoming Print Media Reporter’ award. The award was presented to him by the state commissioner of information Hon. Dayyabu Ciroma during the closing ceremony of this year’s NUJ press week held at Command guest house Bauchi. The Read More

Ex-CBN governor reveals what will happen to Nigerian economy

September 25, 2021 AbdulRaheem Aodu, Kaduna 0

Former Central Bank of Nigeria (CBN) Governor, Khalifa Muhammad Sanusi has sounded the death knell for Nigerian economy, noting that crude oil on which the economy is anchored has no future and is no longer sought after globally.  Addressing the sixth Kaduna Investment Summit, after inaugurating the state development plan 2021 to 2023, to transform the state into a knowledge-based economy, the Read More

On Nigeria’s limited infrastructure…

September 23, 2021 Abdullahi M. Gulloma 0

This week, in spite of their other serious engagements, at the margins of the United Nations General Assembly holding in New York, USA, President Muhammadu Buhari and Her Majesty, Maxima Zorreguieta, Queen of The Netherlands, have found time to meet and discussed matters affecting the two nations. During the meeting, in his usual forthright and transparent manner, the President said Read More

African Peace Brand lists Obasanjo, Jonathan, Adesina among 33 peace ambassadors awardees

September 23, 2021 Bode Olagoke 0

The African Peace Brand at an elaborate event in Abuja slated for November 11, 2021 will hold this year edition of its Awards ceremony. For this event, 33 eminent personalities, among which are 21Nigerians  have been nominated for different categories of awards. Among those listed in the Special Award category include the President of Ghana, HE Nana Addo  Dankwa- Akufo Read More

Sen. Da’adut seeks establishment of agric institute in Namu

September 23, 2021 Muhammad Tanko Shittu 0

Senator Nura Da’atu representing Plateau South is advocating for the establishment of Federal Agricultural Research center in Namu locality of Qua’anpan local government area of the state. She advocated for the centre in a private bill pending before the senate which came up on floor Wednesday for first reading. She said the agricultural potentials in the area makes it important Read More

Femi-Lawal, Tijani, 6 others join FSI board

September 22, 2021 Benjamin Umuteme 0

The Financial Services Innovators has appointed eight new personalities into its Board of Trustees, as part of its efforts to make Nigeria a global leader in innovative technology-driven financial services. The newly appointed trustees are the representative of Committee of e-Business Industry Heads(CeBIH) and Head of Card and Messaging Business at First Bank of Nigeria Limited, Folasade Femi-Lawal; Co-founder/Chief Executive Read More

27th National Council on Works begins in Bauchi

September 20, 2021 Admin III 0

The 27th National Council on Works kicked off in Bauchi, Bauchi State capital on Monday with the theme: ‘Infrastructure delivery; the maintenance economy and national prosperity’. In his opening remarks at the technical session, the Director, Planning, Research and Statistics of Federal Ministry of Works and Housing, Jide Ode-Martins, described the theme for this year’s council meeting as timely, considering Read More

Osinbajo, Wigwe, others commend Kia Nigeria over made-in-Nigeria car initiative

September 16, 2021 Segun Odunewu 0

Vice President, Prof. Yemi Osinbajo and GMD/CEO, Access Bank Plc, Herbert Wigwe have highlighted the significant role Kia Nigeria is playing in the drive towards economic diversification and Nigeria’s industrialization through the made-in-Nigeria Kia cars initiative. They gave the commendation at the 14th Annual Banking & Finance Conference held in Abuja recently. Vice President Yemi Osinbajo in his speech at Read More

Summit: Councillors to head economic growth at ward levels – Minister

September 16, 2021 Donald Iorchir 0

The Minister of Special Duties and Intergovernmental Affairs, Senator George Akume, at the second session of inaugural partnership economy summit in Abuja, Wednesday said council wards will be designated as economic development districts. To be headed by elected or appointed councilors, “These districts shall be engineered to become the catalysts for community socio-economic growth, development and diversification of economy,” he Read More

FG assures support to smaller companies to grow economy

September 16, 2021 Ene Oshaba 0

Vice President Professor Yemi Osinbajo has reiterated the federal government’s commitment to providing practical support to smaller companies especially those owned by youths, stressing that young entrepreneurs and small business owners are the future of Nigeria. Prof. Osinbajo gave the assurance Tuesday in Abuja during the inaugural partnership economy summit held on the theme: “Translating Global Goals into Local Businesses Read More

We’re borrowing for the good of Nigerians, APC tells PDP

September 15, 2021 Bode Olagoke 0

The ruling All Progressives Congress (APC) has replied criticism by the opposition Peoples Democratic Party (PDP) over its borrowing spree, saying the act “is for the good of the country.” In a statement signed Wednesday in Abuja by the National Secretary Caretaker/Extraordinary Convention Planning Committee (CECPC), Sen. John James Akpanudoedehe, the ruling party said unlike in the brazen looting days Read More

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FG assures smaller companies of support to grow economy

September 15, 2021 Ene Oshaba 0

Vice President Yemi Osinbajo has reiterated the federal government’s commitment to providing practical support to smaller companies especially those owned by youths, stressing that young entrepreneurs and small business owners are the future of Nigeria. Osinbajo gave the assurance Tuesday in Abuja during the Inaugural Partnership Economy Summit held  on the theme: “Translating Global Goals into Local Businesses in Nigeria” organised Read More

Sule donates 50 hectares of land to NASENI for AMEDI

September 12, 2021 Binta Shama 0

The Nasarawa state government is vigorously complementing President Muhammadu Buhari’s plan to launch six additional agricultural development institutes across the federation, to steer Nigeria’s agricultural sector in the direction of mechanisation and technology innovations. Governor Abdullahi Sule of Nasarawa state, who announced this to the National Agency for Science and Engineering Infrastructure (NASENI), recently donated about 50 hectares of land Read More