Nigeria’s Debt Profile Hits N32.92trn
The National Bureau of Statistics (NBS),says public debt portfolio as at Dec. 31, 2020, stood at N32.92 trillion, the National Bureau of Statistics (NBS) reveals. The current debt profile was for the
Suggestions
How Budget Office Paid N28bn To Anonymous MDAs -Senate
The Senate has uncovered how the Budget Office of Federation (BOF), paid N28 billion excess from 2015 budget to some unnamed government agencies. The Senate Committee on Public Account, which made this
FG Boosts Local Production Of Cooking Gas
Nigeria presently produces locally, a major portion of the Liquefied Petroleum Gas (LPG),otherwise known as cooking gas consumed in the country,the Petroleum Products Pricing Regulatory Agency (PPPRA) It attributed the development to the
Nigeria Should Rely Less On Oil-Journalists
The National President of the Nigeria Union of Journalists (NUJ), Mr. Chris Isiguzo, says Nigeria should not rely solely on oil to power its economy. He implored the Federal government to consider
Barkindo, Kyari, Others To Speak At Nigeria’s Energy Journalists Confab
Secretary General of the Organization of the Petroleum Exporting Countries, OPEC, Mohammed Barkindo will sit as the special honorary conference chairman at the 2021 conference of the Association Of Energy Correspondents of
Budget: Reps Express Concern Over Naira Devaluation’
Members of the House of Representatives on Thursday raised grave concern over the tacit devaluation of the Naira through the exchange rate benchmark adopted by the Federal government in the 2022 Appropriation
Agriculture Contribution To GDP To Hit 50% In 10 years–Minister
Minister of Agriculture and Rural Development, Dr. Mohammad Mahmood Abubakar, has projected that agricultural sector would contribute over 50per cent to the Nigeria’s Gross Domestic Product(GDP) in 10 years. Abubakar,who stated this
How Nigeria Can Tackle Unemployment – German Ambassador
The German Ambassador to Nigeria, Amb. Birgitt Ory ,says Nigeria due to its population growth requires nine million jobs annually in the next 10 years to address unemployment deficit in the country.
CBN Orders Banks To Adopt Official Forex Rate For Intra-African Transactions
The Central Bank of Nigeria (CBN) has ordered commercial banks in the country to adopt the exchange rate in the importer and exporter window (I&E) for cross border payments through the Pan-African
How Oil Slump,COVID-19 Diminished Nigeria’s Human Capital Development-World Bank
The World Bank says the 2016 oil price slump and the COVID-19 pandemic diminished Nigeria’s human capital development through drops in educational attainment. The bank revealed this in a new report titled:
Stamp Duty Revenue Insufficient,Says FIRS
The chairman of the Federal Inland Revenue Service, Muhammad Nami, has expressed concern over the inefficiencies in the current stamp duty and capital gain tax collection system in Nigeria. The hiccups have
