The federal government has stated that there was no plan yet for the removal of fuel subsidy.
The Minister of Finance, Mrs. Zainab Ahmed, said this on Sunday at a briefing by the Nigerian delegation at the just ended joint Spring Meeting of the IMF/World Bank in Washington DC.
The minist [...]
At least $100billion is required annually if Nigeria plans to close the infrastructure gaps across the country anytime soon.
The Director General of the Bureau of Public Enterprises, BPE, Mr. Alex Okoh, said the amount must be invested yearly for the next six years in order to achieve optimum r [...]
Rice farmers in the country are calling for a more decisive measure to be made in checking the unabated smuggling of the produce into the country, as the trend threatens the business of rice farming in Nigeria.
The farmers under the auspices of Rice Processors Association of Nigeria, RIPAN, sai [...]
The Pension Transitional Arrangement Directorate, PTAD, said it has paid a total of N102.84billion to pensioners between January 2018 and March 2019 under the Defined Benefits Scheme.
Speaking at the agency’s 2019 North Central Stakeholders Forum, the Executive Secretary of PTAD, Sharon I [...]
To stem the tide of illegal migration of young persons to Europe, the German government said it is arranging a skills acquisition intervention for 35,000 Nigerians through its Skills Development for Youth Employment programme.
The Deutche Gesellschaft fur Internationale Zusammenarbeit, a German [...]
Nigeria Sovereign Investment Authority, NSIA, has contested a ranking by the International Monetary Fund, IMF, report that places Nigeria as the second worst country in the world in the use of Sovereign Wealth funds.
The agency insisted that the recent Fiscal Monitor report releas [...]
Nigeria’s total debt profile as of December 31, 2018, rose by 12.25percent to hit N24.387trillion from the N21.725trillion recorded in 2017.
Presenting the public debt data in Abuja, Director General of Debt Management Office, DMO, Ms. Patience Oniha, said the debt rose by N2.66trillion f [...]
The Central Bank of Nigeria, CBN, said it is devising new means of managing liquidity in order to reduce expenses on liquidity management in 2019.
Governor of the Central Bank, Mr. Godwin Emefiele, gave the assurance when he submitted the bank’s 2019 budget proposal to the House of Repres [...]
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