The National Bureau of Statistics  (NBS ) on Tuesday said the real Gross Domestic Product (GDP) growth  rate for the first half of 2020 was -2.18 percent year on year. According to the bureau, in the first quarter 2020, Nigeria’s real GDP at basic prices grew by 1.87 per cent but declined in the second quarter by […]

… Condemns Destruction of Public Assets  … As CIoTA Moves to Professionalise Transportation Former Head of State, General Yakubu Gowon (Rtd), has called for partnership between the public and private sectors in order to come up with innovative ways of resolving the transportation challenge in the country. Gowon spoke on Tuesday in Abuja at the opening […]

Agricultural stakeholders and policymakers in Nigeria are calling for the adoption of the six-steps to ‘Cassava Weed Management and Best Planting Practices’ toolkit that was developed by the International Institute of Tropical Agriculture (IITA) and the use of improved cassava varieties to increase cassava productivity in the country. The stakeholders reached the agreement at a […]

The Rural Electrification Agency (REA), Managing Director, Dr. Ahmad Salihijo Ahmad yesterday said the agency is working out modalities for state government to access funding for the Solar Power Naija. According to him, is in the bid for the agency to encourage stakeholders including state government participation in the Programme. Speaking in press conference in […]

Federal Government has set processes in motion that are targeted at streamlining functions of professional bodies in the country, especially in those groups where there are similar or overlapping roles. Charles Obaseki, Chairman, Governing Council of The Nigerian Institute of Science Laboratory Technology (NISLT) who disclosed this at a two-day A 2-day stakeholders and Extra […]

The Senate has called on the Federal Government, to as a matter of urgency, reconstruct and rebuild infrastructure destroyed by hoodlums during the #EndSARS protest in Lagos and Calabar. The upper chamber gave the charge during plenary on Tuesday, following consideration of two separate motions brought to the floor by Senators Biodun Olujimi (PDP – […]

The Federal Government yesterday disbursed N10billion to artisan who applied under the Micro Small and Medium Enterprise MSMEs survival fund. The Minister of State, Industry, Trade and Investment, Mariam Katagum who is the Chairperson, steering Committee on survival fund and guarantee off-take schemes Disclosed this during a briefing in Abuja, stating that approval was made […]

The House of Representatives at the resumption of plenary on Tuesday, after over an hour of debate, passed for second reading the new Petroleum Industrial Bill (PIB), transmitted to it by President Muhammadu Buhari in September, 2020. Members of the House unanimously supported its passage after taking turns to contribute to the passage of the […]

…to increase intervention fund to ₦300bn to aid recession exit The Central Bank of Nigeria (CBN) has labeled the foreign exchange parallel market as tainted and a channel for bribery and corruption. CBN governor Godwin Emefiele took a swipe at analysts who ascribe parallel market figures as the country’s exchange rate. Emefiele stated this at […]

As part of non-monetary palliative to cushion the of COVID-19, the Minister of Federal Capital Territory (FCT), Malam Muhammad Bello, has approved waiver on signage for business interests within the territory. Bello announced this on Tuesday at the official flag-off of the bills distribution ceremony and road show organised by the Department of Outdoor Advertisement […]