Economy

Subsidy: Sanusi expresses pity for next Nigerian President

Subsidy: Sanusi expresses pity for next Nigerian President

The deposed Emir of Kano and vice chairman, of Kaduna Investment Promotion Agency, Lamido Sanusi, has expressed his compassion for the next president that will succeed the President, Major General Muhammadu Buhari (retd), due to the perceived depleted state of the economy. Sanusi, who is also the current Khalifah, Tijaniyat Movement of Nigeria, said this in Kaduna on Saturday while addressing notable politicians at a Kaduna Investment programme titled, “Building a resilient economy”. The 14th Emir said Nigeria’s economy has been tied to the oil and gas sector and subsidy removal is fast mitigating the economy’s growth. “Nigeria has continued…
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FG approves construction of Lekki-Epe Airport

FG approves construction of Lekki-Epe Airport

The Federal Government has approved the construction of the Lekki International Airport in the Lekki-Epe area of Lagos State. The Lagos State Government said it would begin the construction of a new airport in the Lekki-Epe area of the state in 2023. The Minister of Aviation, Hadi Sirika, presented the approval for the new airport to the Lagos State Governor, Babajide Sanwo-Olu, on behalf of the Federal Government at the Lagos Economic Summit 2022, held at Eko Hotel and Suites, Lagos. The Senior Special Assistant to the Lagos State Governor on New Media, Jubril Gawat, disclosed this in a tweet.…
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Nigeria has world-class talents to dominate digital economy – Osinbajo

Nigeria has world-class talents to dominate digital economy – Osinbajo

Vice President Yemi Osinbajo said Nigeria has the requisite talents, creativity, and acumen to become a world leader in the digital economy. The VP made the comment on Monday at the Nigeria Digital Economy Summit (NDES) themed “Web 3.0, Blockchain & DeFi: Impact on Africa’s Digital Economy”. Osinbajo highlighted the future of technology, the digital economy, and what it means globally but especially for Nigeria. The vice president urged the nation to use the right approach and policy to harness its human capital and potential. He told the gathering that a new world is unfolding, unlike Web 1 and 2…
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Lawan, Gbajabiamila meet finance minister over 2023 budget

Lawan, Gbajabiamila meet finance minister over 2023 budget

The leadership of the National Assembly, on Thursday, met with the two ministers in the Finance Ministry and top officials of the ministry preparatory to the presentation of the 2023 Budget proposals by the President, Major general Muhammadu Buhari (retd.). The National Assembly leadership was led by the President of the Senate, Ahmad Lawan, and the Speaker of the House of Representatives, Femi Gbajabiamila. The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, and Minister of State for Budget and National Planning, Prince Clement Agba, led their team of officials of the finance ministry to the meeting. The…
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Federal Government issues fresh loan to 1.4million Nigerians

The Federal Government said it has targeted over 1.4m Nigerian for the second phase of the government Empowerment and Enterprises Program, GEEP, loan. Minister of Humanitarian Affairs and Disaster Management, Sadiya Umar Faruk, stated this on Thursday at the official flag-off of the program in Dutse, the state capital of the state. Represented by Permanent Secretary of the ministry, Nasiru Sani Gwarzo, said, the program is in line with the Federal Government’s effort to lift millions of Nigerians out of poverty. According to him “when President Muhammadu Buhari took over the mantle of leadership in 2015, over 70 percent of…
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