Oyo State Governor, Seyi Makinde, on Wednesday laid before the House of Assembly N294.51 billion Appropriation Bill for 2022 fiscal year for consideration, projecting that in the fiscal year the government has plans to generate N79.8 billion as Internally Generated Revenue (IGR).. Tagged “Budget of Growth and Opportunities”, the sum of N156 billion, representing 52.97 percent of […]
The Minister of Communication and Digital Economy, Prof. Isa Pantami, on Thursday said that the deployment of the Five Generation (5G) network in the country would begin from in January 2022. The minister, who made the disclosure in Maiduguri at a Town Hall meeting organized to discuss the challenges of power and telecommunications infrastructure vandalism […]
President Muhammadu Buhari has linked Nigeria’s gradual economic growth trajectory to improved agricultural activities, claiming that “people went back to farm.” Buhari , who made the claim during a bilateral meeting of the United Nations General Assembly in New York, United States, also solicited financial assistance from foreign leaders to sustain the nation’s economic growth […]
Warri Delta State THE STORY BEGINS… Coronaaa! abeg he no dey warri, ee no even dey Delta sef,na poverty and hunger dey kill us for here ooo,Na only for tv den just dey talk say people die For further explanations; na only rich people from abroad wey come delta dey die,na abroad dem take bring […]
The Government of Fiji has granted value added tax (VAT) exemption to insurance firms for premiums on climate and disaster risk parametric insurance products for the people and corporate entities in the country. The fiscal initiative represents the first time any government in the country is making efforts to make disaster insurance more affordable for […]
China’s factory and retail sectors slumped in August with output and sales growth hitting one-year lows as new COVID-19 variant adversely affected supply of goods and service, thereby undermining the government’s economic recovery drive. Industrial production rose 5.3 per cent in August from a year earlier, dropping marginally from an increase of 6.4 percent recorded […]
The European Central Bank (ECB) on Thursday disclosed that it was slowing down some of its massive emergency pandemic support for the Eurozone economy as business activities and consumer spending in the 19 member-countries begin gradual rebound from the COVID-19-spurred recession. The bank stated that it could conduct its bond purchase stimulus at “a moderately […]
Bauchi State is to benefit from the World Bank’s Agro-Climatic Resilience in Semi-Arid Landscapes (ACReSAL) project. The State Commissioner for Environment and Housing, Hon. Hamisu Muazu Shira, who gave this hint while speaking at a stakeholders’ meeting in Bauchi on Wednesday, said the state government would collaborate with all relevant stakeholders in order to successfully […]
The Central Bank of Nigeria (CBN) has reported that oil and gas and power companies’ indebtedness to Nigerian banks increased from N5.94 trillion at the end of last year to N6.14 trillion by the end of June this year, representing about N1.20 trillion rise. The latest data obtained from the apex bank on the affected […]
The latest data from the World Meteorological Organization (WMO) have estimated that weather, climate and water related disasters drove some US$ 3.64 trillion in losses over the last 50 years, thereby laying bare the high costs of weather disasters around the globe over the decades. The WMO’s latest Atlas of Mortality and Economic Losses from […]