President Buhari welcomes today’s Q2 2021 report by the Nigerian Bureau of Statistics, showing a third consecutive quarter of positive growth of Nigeria’s economy, as well as the highest quarterly growth in GDP since 2014. The Gross Domestic Product (GDP) grew by 5.01% in Q2 2021 following 0.51% growth in...
Residents of the Nigerian capital, Abuja, engaged in looting at a government warehouse in the city, seizing food items amidst a challenging economic climate. The incident, occurring on Sunday morning, reflects the deepening concerns over rising prices and income disparities in the country. According to reports from Daily Trust, the...
The Edo State Government has said it would be organising a state burial for late music maestro, Sir Prof. Victor Uwaifo, who passed last month. In a statement, Chief of Staff to the Governor, Osaigbovo Iyoha, said the government is firming up arrangements with the family of the late music...
The Nigerian Senate has taken decisive action, inaugurating an ad-hoc committee to delve into allegations of corruption that have marred the efficiency of the Central Bank of Nigeria's (CBN) Ways and Means and Anchor Borrowers Programme. Led by Senate President Godswill Akpabio, the ceremony marked a significant step following...
Ogun State governor, Dapo Abiodun, on Wednesday, met with members of the Bankers Forum in Ijebu Ode, Sagamu and Ijebu Igbo to allay their fears over robbery attacks. Abiodun also assured them of its administration's determination towards strengthening and fortifying the existing security network across the State, with a view...
...Approve N30bn For Severance/Inauguration of Outgoing, Incoming 9th and 10th Assembly The House of Representatives greenlit the extension of the N2.177 trillion Supplementary Act, 2023, to June 30, 2024, responding to President Bola Tinubu's request. This decision comes with detailed allocations across crucial sectors, highlighting the nation's fiscal priorities. According to...
Benue State Government has proposed to spend N156.6billion in the 2022 fiscal year. The State Governor, Samuel Ortom stated this Wednesday October 27th, 2021 while presenting the 2022 appropriation budget proposal to the Benue State House of Assembly. Governor Ortom said the proposed budget christened "Economic Advancement and Growth" has 98.7...
President Bola Ahmed Tinubu has taken a decisive step towards enhancing Nigeria's economic governance by establishing the Presidential Economic Coordination Council (PECC) and the Economic Management Team Emergency Taskforce (EET), ushering in a new era of coordinated economic planning and implementation. PECC: Strategic Leadership for Economic Coordination The PECC, chaired by...
Borno State Governor, Babagana Umara Zulum on Wednesday in Maiduguri commissioned Borno's first alpha mechanic village, to support artisans working on different automobiles, tricycle and generator sets. The mechanic village consists of over 633 auto-mechanics workshop, 80 wheel balancing and alignment technicians workshop, 55 panel-beating workshop, 32 vulcanizers workshop, 120...
After joining Eid-el-Fitr prayers, President Bola Tinubu emphasized the importance of hope in his administration's efforts to improve Nigerians' lives. He stated, ”The Renewed Hope Agenda is alive, well, and fine, and Nigerians should continue to be very hopeful. Without hope, there is no salvation.” Tinubu's Special Adviser on Media...