An independent report by the Monitoring Transparency and Accountability in the Management of Returned Assets (MANTRA) has disclosed that N23.7 billion of the recovered $322.5 million Abacha loot had been disbursed to better the poorest households in the country. According ...
Read More »Energy economists seek escape route for Nigeria over falling oil prices
Petroleum and Energy Economists has painted a gloomy picture for the nation’s economy, canvassing cut in the workforce as well as salary at the Federal, State and council levels to cushion the effects of global economic meltdown. They argued that ...
Read More »ICT experts canvass 2 million capacities in three years to rejig economy
Information and communications technology (ICT) experts have canvassed building of two million ICT capacities in different sectors for the next three years to revive the nation’s economy. Urging the Federal Government to urgently diversify the economy, they said Nigeria should ...
Read More »It’s time to take tough decisions, revisit Oronsaye’s report, stakeholders insist
Stakeholders have urged the nation’s economic managers to take tough decisions bordering on the implementation of the Steve Oronsaye’s 2014 report and diversify the economy. They stated this while responding to the falling prices of oil in the global market, ...
Read More »Katsina records 20 cases of COVID-19, one death, Delta has six
Katsina State has recorded five additional cases of coronavirus bringing the number of confirmed cases to 20. The new active cases were revealed in the routine update of information released by the Nigeria Centre for Disease Control (NCDC) late Wednesday ...
Read More »Experts want government to prioritise nation’s economic diversification
In view of the falling prices of oil in the global market, professionals have charged the Federal Government to prioritise diversification of the nation’s economy to avert crisis in the future. A professor of Industrial Economics at the Imo State ...
Read More »How to avert bankruptcy in Nigeria post-COVID-19, by experts, seek end to plundering of nation’s wealth
Experts have canvassed urgent quick fixes to survive looming fiscal turbulence and possible bankruptcy, as oil prices have fallen to as low as $10 from $70 per barrel in 2019 or 2020 Budget benchmark of $55 per barrel. They said ...
Read More »‘Nigeria needs to review its foreign policies, strengthen agriculture’
A Calabar, Cross River-based philanthropist, Ben Akak has declared that Nigeria needed to review it foreign policies and strengthen its agricultural sector in view of the current crisis in the country’s political-economic space and its over-dependence on oil. He stressed ...
Read More »Buhari condoles with accountant general over father’s death
President Muhammadu Buhari has condoled with the Accountant General of the Federation, Ahmed Idris, over the death of his father, Alhaji Hussain Idris. In a statement signed by his Senior Special Assistant on Media and Publicity, Garba Shehu, the president ...
Read More »Observe social distancing while seeking Ramadan moon, NSCIA advises Muslims
The Nigerian Supreme Council for Islamic Affairs (NSCIA) has called on Muslims to observe social distancing when searching for the moon in respect of this year’s Ramadan. It specifically advised faithful to remain indoors and shun crowds. The council’s Deputy ...
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