The Federal Government has been advised to desist from applying cosmetic solutions to the dire situation in the country’s energy sector, but to adopt a policy driven by data and analyses to overcome current challenges in the sector. The advice was given on Thursday in Abuja by Mrs. Oby Ezekwesili, former Education Minister and Senior Economic Adviser,… (0 comment)

The Federal Government has been advised to desist from applying cosmetic solutions to the dire situation in the country’s energy sector, but to adopt a policy driven by data and analyses to overcome current challenges in the sector. The advice was given on Thursday in Abuja by Mrs. Oby Ezekwesili, former Education Minister and Senior Economic Adviser,… (0 comment)

Finally the government of the day has bowed to pressure to sell some national assets to acquire funds to boost the economy. The #National Economic Council and #Governors have approved the sales of national assets. The National Economic Council, which comprises Vice-President #Yemi Osinbajo and 36 state governors, has endorsed plans by the Federal Government… (0 comment)

Finance #Minister, #Kemi Adeosun recently asked the #Central Bank of #Nigeria to lower the #interest rate so the #Federal Government can source locally to boost the economy without increasing debt servicing costs. While reacting to the minister’s call, the President, Manufacturers Association of Nigeria, Dr. Frank Jacobs, said that a cut in interest rate would… (0 comment)

During the weekend the #Central Bank of Nigeria #governor, #Godwin Emefiele, gave journalists cheery news on the state of the Nigerian economy. He said we are past the worst part of the recession. Foreign portfolio investors have injected $1 billion into the economy in the last two and half months An Emergency Spending Bill, which… (0 comment)

#Minister of Information and Culture, #Lai Mohammed on Friday told pressmen in Abuja that the Federal Government is still working hard to get the #Boko Haram kidnapped #Chibok girls released. “Precisely on July 17, 2015, the DSS opened the negotiation process with the group holding the Chibok girls. However, in return for the release of… (0 comment)

  #Kemi Adeosun, the #Finance Minister has revealed Federal government’s plan to inject N350 billion into the Nigerian economy. Speaking with reporters in Abuja today, Adeosun also disclosed that there are plans to also raise $1 billion from Euro-bonds by mid-December to ease the recession.   According to Adeosun, the N350 billion being injected will… (0 comment)

During a retreat organised by Frank Nweke Jr. for ministers and some of heads of agencies in Abuja on Thursday, September 15 the federal government let Nigerians into its plans to pull the country out of #recession . The News Agency of #Nigeria (#NAN) reports that the budget, which has already been approved by the… (0 comment)
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