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The federal government has said that the Nigerian economy is already on its way out of recession. The government based it’s assertion on the 8-fold over subscription of its recent Eurobond (orders in excess of US$7.8 billion compared to a pre-issuance target of US$1bn), which the government posits has demonstrated strong market appetite for Nigeria, […]
The Academic Staff Union of Research Institutions (ASURI) has called on the National Assembly to organise a symposium for all research institutes in Nigeria to proffer solution to the nation’s economic recession. ASURI’s Secretary-General, Dr Theophilus Ndubuaku, made the call while speaking with newsmen during the union’s protest at the National Assembly on Wednesday in […]
Integration of the Southwest region through joint security network to enhance socio-economic development as well as adoption of a uniform education curriculum to address declining moral standards and sports formed the kernel of a regional governors’ meeting yesterday in Ado Ekiti. The state chief executives agreed to make it a matter of compulsion to monitor […]
A chieftain of the All Progressive Congress (APC) in Niger, Alhaji Muazu Bawa, on Tuesday said Nigerians must support the measures put in place by the Federal Government to end recession and set Nigeria on the path of growth. Bawa told the News Agency of Nigeria (NAN) in Minna that the measures would take time […]
Katsina State government has awarded a N500 million contract for a Tomato Paste Processing Plant at Kokami Village, Danja Local Government Area. The contract was awarded to National Research Institute of Chemical Technology (NARICT) in Zaria. Mr. Aliyu Bello Abubakar, the Acting Chairman of Danja Local Government Area, said on Saturday that the factory was […]
The Federal Government has blamed the rise in the cost of food prices on what he called extortionist practices of men of the Nigerian Police, Army, and Nigerian Customs Services at the nations various checkpoints and ports. Members of the joint committee on Agriculture were stunned when the Minister of Agriculture and Rural Development, Chief […]
Members of the Nigerian Labour Congress(NLC) gathered at the Unity Fountain in Abuja, the Federal Capital Territory, protesting what they called ”the effect of poor governance”. They marched on the streets of Abuja, carrying placards with Various Inscriptions to the National Assembly and the Presidential Villa. The protest code named ‘national day of action against […]
A call has been made to Nigerians and government at different levels to take adequate care of soil and water resources as a way out of the current economic recession and food shortage. Professor Michael Alatise of the Department of Agricultural Engineering, Federal University of Technology, Akure, FUTA, made the call while delivering the 80th […]
Footprint to Africa, an Abuja-based investor advisory firm and financial news company, has attracted foreign direct investments (FDI) to Nigeria and four other African countries worth over N1.5 billion, where it has partnerships. The investments are six projects in the oil and gas, agriculture and tourism sectors in Nigeria, Ghana, Sierra Leone, Mozambique and Kenya. […]
Operators in the nation’s MSMEs sector says tough conditions have barred majority of them from being able to access Central Bank of Nigeria’s N220 billion Micro, Small and Medium Enterprises Development Fund ( MSMEDF). According to National Bureau of Statistics, there are over 17 million companies in the MSME sectors in Nigeria. Recall that CBN […]
The Republic of Ireland has described the economic diversification programme of the Federal Government as a concrete step to pull the country out of recession, calling for stronger ties to enable Nigeria benefit from the Irish experience. Irish Ambassador to Nigeria, Sean Hoy, while on a courtesy visit to the Minister of Labour and Employment, […]
Briefly explain what apiculture is? If you talk of apiculture, what many people think of is honey, but honey is not the key thing as far as apiculture is concerned, the main advantage of apiculture has to do with pollination and since Nigeria is now moving towards agriculture, what we should be talking more about […]
The Bank of Industry is gradually but steadily supporting small and medium enterprises in an overall move to boost the economy, BAYO AMODU reports. At a time that economic activities seem to have taken a deep slumber, resulting from lack of liquidity at the grassroots, economic watchers have persistently asked the federal government to inject […]
• Middle Men Are Responsible For High Cost Of Bread Prince Jacob Adejorin is the chairman, Lagos State Chapter of Association of Master Bakers and Caterers of Nigeria (AMBCN) and also the Vice Chairman, Southwest geopolitical zone of the association. He told OMIKO AWA why prices of bread have gone up. What is your association […]
Despite the decline in the nation’s GDP, the Agricultural sector recorded positive growth above 4% in 2016. What are the factors behind this growth? We can say that compared to previous years, 2016 was a good year for agriculture in terms of harvest and necessary policy support. The bumper harvest recorded in 2016 accounted for […]