Building a virile economy, either for a country or a state, is a collective task. While the government plays her own part, citizens are expected to fulfil their l side of the bargain, by complementing the efforts. These were the unanimous views of participants at the maiden Kwara State Economic and Poverty Alleviation Summit held…
ECONOMY
Ekiti to get $500m for World Bank projects
… As Fayemi doles out N180 million to 19 communities Ekiti State Governor, Dr Kayode Fayemi, on Tuesday announced that the World Bank would soon embark on some legacy projects across the state worth about 500 million dollars. The Governor stated this in Ado Ekiti, the state capital, while presenting cheques worth N180 million to…
Lagos open for foreign investment, Gov tells Dutch envoy
….To Partner In Water Transportation, Public Health Consul General of the Kingdom of the Netherlands in Lagos, Mr. Jan Van Weijen, assumed duty on Monday with a courtesy visit on Lagos State Governor, Mr. Babajide Sanwo-Olu. The visit, the envoy said, was to officially inform the Governor of the upcoming visit of the Netherlands Prime…
2019 agribusiness summit to actualise $1trn Africa economy plan
Mr Yemi Odubiyi, Executive Director, Corporate and Investment Banking, Sterling Bank Plc, on Thursday, said the Africa Summit Deal Room 2019 would help to actualise $1 trillion Africa agribusiness economy plan by 2030. Odubiyi stated this in a statement made available to newsmen by Mr. Roland Oroh, Director, Nigeria Agribusiness Register, to commemorate the Agriculture…
Sanwo-Olu tasks manufacturers on use of recycled materials in product packaging
… Urges PR Experts To Join Smart City Drive To ensure a sustainable environment for all, Lagos State Governor, Mr. Babajide Sanwo-Olu on Thursday tasked manufacturers to cooperate with the State government on the use of recyclable and biodegradable materials in product packaging. The governor also said the citizens must understand that effective waste management…
Nigeria’s inflation lowers, still regional highest
The National Bureau of Statistics (NBS) has released July inflation numbers on Friday, showing a decline by 0.14% to 11.08%. Nigeria remains the country with the 8th highest inflation in the African continent. In the region, average inflation in 2019 is projected to be 8.4%. Nigeria’s inflation has consistently been above the regional average in the…
RUGA settlements: Our hope, our fear, by Gidado Yushau Shuaib
Incontrovertibly, the recently suspended Ruga Settlement project was an initiative of President Muhammadu Buhari-led administration. The rationale behind such project was to help eliminate the age-long practice of open grazing of cattle by Fulani pastoralists, which has been the cannon fodder for farmer/herder clashes. Shortly after the announcement of the program, different shades of opinion…
Civil Society Forum meets to launch the AfCFTA Consultative Dialogue Framework
The Civil Society Forum will meet during the AU Extraordinary Summit in Niamey, Niger. The Summit is taking place to celebrate the Entry into Force of the AfCFTA Agreement and to launch the Operational Phase of AfCFTA Market, which also includes launching the AfCFTA Consultative Dialogue Framework. Speaking on the eve of the meeting, H.E….
EU to provide 40bn euros in grants to help create jobs in Africa
The European Union Commission fully supports the African Continental Free Trade Agreement (AfCFTA) and is proposing a 40 billion Euro package to attract investments that would create at least 10 million jobs in Africa. This was revealed by Ambassador Ranieri Sabatucci, the EU Ambassador to the African Union, in an opening address to a two-day…
Reps will end overbearing regulation of private businesses in Nigeria – Gbajabiamila
The Speaker of the House of Representatives, Femi Gbajabiamila, said the lawmakers would remove overbearing regulations of private businesses in Nigeria. Gbajabiamila, who spoke in an address at the 13th yearly Business Law Conference of the Nigerian Bar Association, NBA, held at Eko Hotels and Suites, Victoria Island, Lagos, said this would ultimately improve the…