Economy

Vice-President Kashim Shettima has called upon the newly inaugurated members of the National Council on Privatisation (NCP) to actively contribute to the realization of President Bola Tinubu’s Renewed Hope Agenda. The inauguration took place on Friday at the Presidential Villa in Abuja, where Shettima, who chairs the NCP, highlighted the importance of fostering innovative reforms…

President Bola Tinubu has undertaken a significant restructuring at the Nigerian Content Development and Monitoring Board (NCDMB), a pivotal agency overseeing the enforcement of “70 per cent indigenous content and participation in the nation’s energy industry.” The move involved the replacement of both the governing board and the management team, with no explicit reasons provided…

President Bola Tinubu has voiced his apprehension regarding the escalating emigration of skilled Nigerian professionals and university graduates pursuing advanced education, employment, and prospects on the global stage. The president expressed these concerns during the 2023 National Migration Dialogue, organized by the National Commission for Refugees, Migrants and Internally Displaced Persons (NCFRMI) in Abuja. Represented…

French Minister of the Interior and Overseas, Laurent Baile, has declared solidarity with the Economic and Financial Crimes Commission (EFCC) in its relentless pursuit of economic and financial crimes and other corrupt practices. During a courtesy visit to the EFCC Chairman, Ola Olukoyede, Baile extended his congratulations on Olukoyede’s appointment and advocated for increased collaboration…

Kogi State Governor, Yahaya Bello, has recently declared the localization of the Ministry of Humanitarian Affairs and Poverty Alleviation within the state. This announcement took place during a pivotal ceremony in the governor’s office on Tuesday, marking the commencement of the federal government’s distribution of grants to vulnerable groups in Kogi State. The cash grants,…

Nigeria’s recently proposed 2024 budget of N27.5 trillion has evoked mixed reactions, with both optimism and pessimism regarding its potential impact on ordinary citizens, particularly the allocated N1.33 trillion for infrastructure. Despite the country’s substantial infrastructure deficit, the 5% allocation for infrastructure has raised concerns about its adequacy. The security and defense sector received the…