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FG Plans National Commodity Board to Tackle Food Inflation

FG Plans National Commodity Board to Tackle Food Inflation

The federal government is set to establish a National Commodity Board aimed at addressing the rising food inflation crisis in Nigeria. Vice President Kashim Shettima announced this during a two-day high-level strategic meeting on climate change, food systems, and resource mobilization in Abuja. Mr. Shettima outlined the board's mandate to assess and regulate food prices while maintaining a strategic food reserve to stabilize crucial grains and other food items' prices. This initiative aligns with President Bola Tinubu's Renewed Hope Agenda, where food security is identified as a priority area, leading to the declaration of a state of emergency on food…
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Increase in customs import duty rates directly  undermines Nigeria’s economy – Dr Kalu

Increase in customs import duty rates directly undermines Nigeria’s economy – Dr Kalu

In consideration of the nation's dampening, decaying, and dwindling economy, the Nigeria Customs Service still finds it suitable to announce an increase in the import duty rate that is directly going to have adverse impacts on the entire national economic structure. Since the inauguration of this government in power, Nigerians have been sandwiched in tunnels of hardship, lack, and other confronting challenges without any meaningful commitment by the authorities to address the situation. The news on board all social media platforms has been the federal government's unexpected announcement that the January salary of Federal civil servants would not be paid…
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Real Estate Expert Urges Tech Integration to Address Nigeria’s Construction Challenges

Real Estate Expert Urges Tech Integration to Address Nigeria’s Construction Challenges

The Nigerian federal government was recently recommended by Femi Akintunde, the Group Managing Director of real estate solution company Alpha Mead, to use the technical innovations of the fourth industrial revolution in order to tackle the nation's multifaceted difficulties. Akintunde underlined at a discussion at the University of Lagos that the government must use technology to combat economic challenges. Akintunde emphasised that collaborating with industry could be an efficient way to address Nigeria's economic problems. He emphasised the significance of preparedness, willingness, and dedication while expressing hope about improving the nation's economic prospects. In spite of obstacles including poor infrastructure…
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Federal Government Reaffirms Focus on Poverty Reduction and Economic Growth

Federal Government Reaffirms Focus on Poverty Reduction and Economic Growth

The Federal Government of Nigeria has restated its unwavering commitment to poverty reduction, job creation, and economic revitalization. During a visit to Governor Abba Yusuf in Kano, Minister of Trade and Investment, Doris Uzoka-Anite, emphasized the government's dedication to growing the economy and addressing poverty. Minister Uzoka-Anite underscored President Bola Tinubu's administration's strategic focus on job creation, improving access to capital, fostering economic growth, and eradicating poverty. She expressed the government's determination to protect businesses within the country while working towards the eight-point agenda outlined by President Tinubu. The purpose of the minister's visit to Kano was to assess the…
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Tinubu Appoints New Leadership for National Hajj and Christian Pilgrims Commissions

Tinubu Appoints New Leadership for National Hajj and Christian Pilgrims Commissions

Bola Tinubu has greenlit the appointment of a fresh board and management team for both the National Hajj Commission and the Nigerian Christian Pilgrims Commission. The announcement, disclosed by the Special Adviser to the President on Media and Publicity, Ajuri Ngelale, in Abuja, awaits Senate confirmation. The National Hajj Commission (NAHCOM) will be led by Chairman Mr Jalal Arab, with key roles assigned to Aliu Abdulrazaq, Prince Anofi Elegushi, and Prof. Abubakar A. Yagawal. The NAHCOM zonal representatives include Dr Muhammad Umaru Ndagi, Abba Jato Kala, Sheikh Muhammad Bin Othman, Tajudeen Oladejo Abefe, Aishat Obi Ahmed, Zainab Musa, Prof. Musa…
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