The Centre for the Promotion of Private Enterprise (CPPE), a frontline private sector advocacy organization in Nigeria, has called on the Federal Government to immediately review its recently introduced Expatriate Employment Levy (EEL) policy in view of the negative implications of its implementation for the economy. The Centre, in a Note issued on Sunday by […]
Economy News Extra
NIN-SIM Linkage: 40Mn Subscribers Now Disconnected – ALTON
Telecommunications companies in the country at the weekend disclosed that over 40 million subscribers who did not present their National Identity Numbers (NIN) in line with Nigeria’s Subscribers Identification Module (SIM) and NIN linkage policy had been disconnected from service providers’ networks. The chairman of the Association of Licensed Telecommunications Operators of Nigeria (ALTON), Engr. […]
Shettima To Open Expanded National MSMEs Business Clinics In Ogun State
… To Inaugurate Fashion Hub, Adire Shared Facility in Ogun The Vice President, Kashim Shettima, will on Tuesday declare open the Expanded National Micro, Small and Medium Enterprises (MSMEs) Business Clinics in Abeokuta, Ogun State, as part of the activities lined up for his one-day visit to the state. The Expanded National MSMEs Business Clinic […]
Abiodun To Receive Silverbird Group ‘Man of the Year Award’
Ogun State Governor, Prince Dapo Abiodun, will on Sunday, 3 March, receive the 2023 Silverbird’s ‘Man of the Year’ award. Abiodun emerged the 2023 Silverbird Man of the Year winner, beating four other nominees after a rigorous selection process. A statement signed by Jacob Akinyemi-Johnson, Chief Creative Officer/Chairman Editorial Board of Silverbird Group, said Governor […]
Climate Change Will Exacerbate Future Economic Losses – Swiss Re
A new report by the Swiss Re Institute has indicated that climate change will have a larger impact on economic losses in the future, with the US and Philippines projected to be the hardest hit. The report listed four key weather perils, namely floods, tropical cyclones, winter storms in Europe, and severe thunderstorms, which are […]
FG, UK Firm Seal MoU On Abuja Tech City Project
The Federal Government, through the Federal Ministry of Innovation, Science and Technology, has signed a Memorandum of Understanding (MOU) with Domineum/Edenbase UK for the development of Abuja Tech City. The Minister of Innovation, Science and Technology, Uche Nnaji, who signed the agreement on behalf of the government in Abuja, said the collaboration laid the foundation […]
Tinubu Launches Expatriate Employment Levy For Cross-Border Skill Acquisition
President Bola Tinubu on Tuesday in Abuja launched the Expatriate Employment Levy (EEL) to facilitate home-grown skill retention and technology domestication and to balance employment opportunities between Nigerians and expatriates. Speaking at the launch of the Expatriate Employment Levy handbook, the President also said the aim is to close wage gaps between expatriates and the […]
Ogun Deputy Governor Canvasses Accurate Boundary Demarcation For Peace
Ogun State Deputy Governor, Engr. (Mrs.) Noimot Salako-Oyedele, has stressed the need for the Federal Government and sub-national governments to adopt proper modalities for the demarcation of boundary lines nationwide to avoid conflicts among the people. She also harped on the need to address other socio-economic issues, including trans-border trade, cross-border integration, and adequate security […]
Oronsaye Report: Tinubu Approves Mergers, Relocation Of Agencies
President Bola Tinubu on Monday has approved the mergers of some public parastatals and agencies in line with recommendations of the Oronsaye report submitted in 2012. The move is seen as public finance analysts as part of the government’s efforts to reduce the burgeoning cost of running the affected agencies, particularly when most of them […]
Tinubu Sets Up Multi-Stakeholder Economic Advisory Committee
Apparently determined to involve more stakeholders in his administration’s drive to improve the performance of the nation’s economy, President Bola Tinubu on Sunday inaugurated an economic advisory committee comprising membership from the federal and sub-national governments and the organized private sector (OPS). The President’s latest action was the outcome of a meeting he held with […]