Budgeting Infrastructure & Capital Projects Latest News Planning & Economic Development Political Economy Transportation

‘We Are Ready To Partner States On Infrastructure Devt’ – ICRC Boss

The Infrastructure Concession Regulatory Commission (ICRC) has expressed its readiness to support sub-national governments and the Federal Capital Territory (FCT) on viable infrastructure projects through the use of Public Private Partnerships (PPP) model. The commission’s Director General, Michael Ohiani, made promise when he received Media Trust Group’s delegation, led by its Group Chief Executive Officer, […]

Budgeting Latest News Planning & Economic Development Political Economy Revenue Revenue Agencies Taxation

FIRS Warns MDAs On Illegal Tax Assessment, Collection, Enforcement Contracts

The Federal Inland Revenue Service (FIRS) has cautioned government’s ministries, departments and agencies (MDAs) against appointing consultants and concessionaires to collect taxes due to the Federal Government or any of its agencies in view of its statutory role as the sole agency empowered to administer such taxes in the country. In a Public Notice issued […]

Budgeting Infrastructure & Capital Projects Latest News National Assembly Planning & Economic Development Political Economy Revenue

Buhari Seeks N/Assembly’s Approval For N402Bn Promissory Notes

President Muhammadu Buhari, has in separate letters to the Senate, requested for the approval of the upper legislative chamber for the issuance of promissory notes totaling over N402 billion to three states, namely Kebbi, Yobe and Taraba. In his first letter read in plenary by President of the Senate, Ahmad Lawan, the President requested for […]

Budgeting Investments/Capital Market Latest News Political Economy Revenue Taxation

States, FCT’s Debt Stock Hits N5.281Trn In Q2 2022

The Debt Management Office (DMO) has put the total indebtedness of the 36 states of the federation at  N5.281 trillion at the end of the second quarter this year with Lagos State topping the chart with N797.304 billion. The latest statistics released by the Office on the subnational governments’ debt stock showed that Delta, Ogun […]

Budgeting Health & Environment Latest News Planning & Economic Development Political Economy Technology

NSIA Targets $100Mn Investment In Nigeria’s Health Sector

Following the positive impact of its interventions in Nigeria’s healthcare system over the past two years, the Nigerian Sovereign Investment Authority (NSIA) on Thursday disclosed that it planned to invest, in collaboration with its partners, about $100 million in its Diagnostics and Oncology Expansion Programme for critical medical facilities in the country. The NSIA’s Managing […]

Budgeting Latest News Planning & Economic Development Political Economy

Partnership With OPS Will Be Prioritized In My Agenda To Grow Economy – Abubakar

The presidential candidate of the Peoples Democratic Party (PDP), Alhaji Atiku Abubakar, on Tuesday said that one of priorities if elected Nigeria’s next President would be to build a stronger partnership with the private sector in order to improve the nation’s economic growth. Abubakar, who made this remark at the Lagos Chamber of Commerce and […]

Banking Budgeting Investments/Capital Market Latest News Planning & Economic Development Political Economy

AfDB Issues €1.25bn 7-Year Social Bond Due In Sept 2029

The African Development Bank (AfDB), in furtherance of its sustained efforts to raise new funds to cope with the socio-economic problems in the African continent, has launched a new €1.25 billion seven-year Global Benchmark transaction, in a Social Bond format, due Sept. 14, 2029. The latest EUR transaction marks the development finance institution’s second EUR […]

Banking Investments/Capital Market Latest News Planning & Economic Development Political Economy

NDIC Wins FG’s Corporate Governance, Service Delivery Platinum Award

The Nigeria Deposit Insurance Corporation (NDIC) has won the Federal Government Level Five Platinum Level award for outstanding performance in corporate governance and accountability. The award by the Bureau of Public Service Reforms (BPSR) is based on the Corporation’s outstanding score of Ninety-Three Percent (93%) in the BPSR Self-Assessment Tool (SAT) that was deployed to […]

Budgeting Latest News Planning & Economic Development Political Economy

LCCI To Parley Tinubu, Atiku, Obi On Economic Agenda For Nigeria

The Lagos Chamber of Commerce and Industry (LCCI) has hinted of its arrangement to engage the 2023 presidential candidates of the All Progressives Congress (APC), Peoples Democratic Party )PDP) and Labour Party (LP) in a parley on their economic plans for the country. The candidates are Alhaji Bola Tinubu (APC), Alhaji Atiku Abubakar (PDP) and […]

Agriculture & Agribusiness Banking Budgeting E-Payment Tech & Solutions Environment Infrastructure & Capital Projects Latest News Planning & Economic Development Political Economy Revenue Sanitation & Hygiene Matters

Africa Needs $127Bn Yearly For Climate Change Financing Gap – Adesina

The President of African Development Bank Group (AfDB), Dr. Akinwumi Adesina, has projected that Africa would require between $100 billion to $127 billion yearly between now and  year 2030 to bridge climate change financing gap in the continent. The AfDB President, who gave these figures on Monday in his paper delivered at the Africa Climate […]