Worried by the unquantifiable socio-economic losses associated with the lingering herdsmen/farmers clashes in major states and the growing negative implications for national food security, scores of agricultural sector stakeholders rose from a one-day workshop Monday in Abuja with a univocal call on the governments and the National Assembly to show more sincerity in tackling the […]
The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, has commended the Central Bank of Nigeria (CBN) and the Bankers’ Committee on the latest directive to banks to provide loans at single digit interest rate to the agricultural and manufacturing sectors of the economy. The Special Adviser on Media to the Minister, Dr. Kayode […]
The Lagos Chamber of Commerce and Industry (LCCI) has described the new tax revenue recovery strategy being adopted by the Federal Inland Revenue Service (FIRS) to boost collections as not supportive to productive activities in the country. Specifically, the Director-General of LCCI, Mr. Muda Yusuf, who expressed the organized private sector (OPS) group’s position on […]
A coalition of Civil Society Organisations (CSOs) on Thursday called on President Muhammadu Buhari to sanction officials of Ministries, Departments and Agencies (MDAs) indicted of violating financial regulations. The position of the CSOs coalition was expressed by the Executive Director of Civil Society Legislative and Advocacy Centre (CISLAC), Auwal Musa, at a media briefing on […]
The Nigerian Maritime Administration and Safety Agency (NIMASA) has projected that that the completion of its ongoing floating dockyard would help the country reduce the problem of capital flight and improve indigenous operators’ competitiveness in the global shipping business. The Director General of the agency, Dr. Dakuku Peterside, who disclosed this during an interactive session […]
The National Council on Privatisation (NCP) has approved the appointment of Advisers for three transactions undertaken by the Bureau of Public Enterprises (BPE) for the current year as part of government’s reform strategy for privatized entities. The transactions are, the partial commercialisation of the River Basin Development Authorities (RBDAs), partial commercialisation of the National Parks […]
The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) has projected that export earnings from the agricultural sector will hit $4.4 billion by the end of the year. This is even as it puts its total disbursements, which is specifically provided to export crop farmers to help boost their productivity and improve Nigeria’s non-oil […]
Nigeria’s Consumer Price Index (CPI) also known as inflation rate, decelerated to 11.14 percent year-on-year in July, representing the 18th consecutive month of the declining trend and the lowest rate in over two years. The National Bureau of Statistics (NBS) disclosed this in its latest Consumer Price Index (CPI) report titled ‘CPI and Inflation Report […]
The Debt Management Office (DMO) on Tuesday stated that Nigeria’s total debt profile rose to N22.38 trillion as at the end of June this year, thereby ending recent speculations on the actual debt figures. The Office disclosed in Abuja that the nation’s debt profile rose by 3.01 per cent in the last six months, attributing […]
The Federal Government of Nigeria on Tuesday restated its determination to transform the nation’s agricultural sector to achieve the Sustainable Development Goals (SDGs) and by so doing, reduce poverty and hunger, attain food security and improve nutrition in the country. The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, gave this hint at the […]