…to opportunities and aligning decisions to unlock productive investments and inclusive economic growth. The governor delivered the Special Policy Address/NGWF Presentation at the event organised by the Global Compact Network Nigeria. The theme of this year’s event, “Financing a Dignified Future: Aligning Business Actio…
…the government would also continue implementing structural reforms to support non-oil economic growth and strengthen the economy’s capacity to generate revenue. Moody’s has indicated that further improvement in Nigeria’s external position or a durable increase in government revenue arising from ongoing reforms could su…
…solely on colossal refinery projects while crushing indigenous initiatives stifles local economic growth and industrial self-reliance. “What makes them illegal? It is not only when you build gigantic refineries like Dangote’s that you can refine crude. Those now agitating for the return of subsidy are the same individu…
…standards for Nigerians. According to him, the major challenge was translating macroeconomic growth into improved welfare for households across the country. He said Nigerians were more concerned about whether their real incomes, purchasing power, employment opportunities and ability to afford basic necessities had impr…
…and investment destinations, creating opportunities for employment, entrepreneurship and economic growth. “Investments in educational facilities, scholarships, roads and community projects have direct implications for the quality of life of citizens. We believe the next government must consolidate what is working acros…
…Interior, Olubunmi Tunji-Ojo, was themed ‘Unlocking Ondo State students’ potentials for economic growth.’ The NANS president said Nigeria had operated the fuel subsidy regime for about four decades, during which successive governments, economists and policy analysts agreed that it was financially unsustainable. Accordi…
Nigerians have questioned the impact of Nigeria’s economic growth after the country’s Gross Domestic Product, GDP, grew by 4.43 percent in real terms in the second quarter of 2026, according to the National Bureau of Statistics, NBS. The NBS, in its GDP report released on Monday, said Africa’s most populous economy gre…
…Government as it seeks to reposition the solid minerals sector as a major contributor to economic growth and diversify government revenue away from crude oil.
…the thread connecting them. Development, he noted, loses much of its meaning when economic growth is not accompanied by improvements in the basic conditions of life. “The hospitals become useful when they save lives; the houses fulfil their purpose when they shelter families,” he said. That philosophy perhaps best capt…
…said, reflected improvements in Nigeria’s external position and stronger-than-expected economic growth, which, if sustained, could improve the country’s ability to absorb external shocks and strengthen its economic resilience. It announced the change in a rating action published on its website on Friday. According to t…
…state’s natural advantages into production, value addition, employment and sustainable economic growth. Idris said Tinubu’s administration was complementing the state’s development drive through major federal infrastructure projects. “These include the Gembu–Mbamnga–Yang (Lip) Road, the Bali–Serti–Gashaka–Gembu Road, i…
…is at the centre of sustainable development. It underpins public health, food security, economic growth, environmental sustainability, energy production and national security,” the minister said. The development of the compact comes amid longstanding concerns over the country’s ability to provide safe water, sanitation…
…that was when our GDP made a record growth, and no government has been able to meet the economic growth that Atiku supervised. “Today, the GSM that people are using to abuse this same Atiku- he revolutionized it. And every time Atiku is running for presidency, he will tell you what he wants to do and how he’s going to…
…broader objective was to ensure that electricity infrastructure translated into economic growth, particularly for manufacturing and emerging sectors such as artificial intelligence and data centres. “Our ambition is much bigger than just ending darkness. Our ambition is to use electricity to build prosperity, to make N…
…and that N10,000 is economy. It’s key that we can’t separate the health of women from economic growth.” I paid pregnant women N10,000 for antenatal as Rivers gov – Amaechi
…economy. She equally identified low productivity as one of the major constraints to economic growth, job creation and improved household incomes. Ezekwesili further attributed Nigeria's economic challenges to structural misalignments arising from policy choices that had failed to adequately address the constraints to p…
…interventions were aimed at addressing long-standing constraints to investment and economic growth. “The objective is to use improved fiscal capacity to address infrastructure constraints that limit investment, productivity and economic growth,” the report stated. The spending comes as the Federal Government pushes ahe…
…technology, construction, energy and the creative industry as sectors that could drive economic growth and create jobs He also called for stronger intelligence gathering, improved coordination among security agencies, better border management, technology-driven policing and decentralised security management to tackle i…
…into national energy planning. And reliability is the bedrock upon which sustainable economic growth is built. “With predictable flows, national budgeting becomes more credible, infrastructure planning becomes more precise, and long-term contracts become easier to negotiate. Predictability is the silent currency of mod…
…to restore monetary and price stability while creating the foundation for inclusive economic growth and employment generation. She identified several key initiatives of the apex bank, including the unification and increased transparency of the foreign exchange market, recapitalisation of the banking sector, introductio…
…produced significant improvements in foreign exchange liquidity, reserves, inflation and economic growth, but structural constraints, high financing costs and weak household purchasing power were limiting the conversion of these gains into inclusive growth. The report showed that real Gross Domestic Product grew by 3.8…
…sustainable and efficient power generation as part of its contribution to Nigeria’s economic growth and development. The post Geregu Power: Yari assures investors of financial commitments appeared first on Vanguard News.
…in the oil, manufacturing, agricultural and services sectors. The report stated: “Economic growth is expected to strengthen to 4.5 percent in the second half of 2026, bringing full-year gross domestic product (GDP) growth to approximately 4.2 percent’’. NESG said the oil sector is expected to sustain its growth, suppor…
…full potential of Nigeria’s poultry industry, to enhance food security, job creation and economic growth. Speaking recently at the Poultry Association of Nigeria (PAN), Lagos State Chapter summit themed, “Flocking to Growth: Transforming Nigerian Poultry Industry through Innovation and Investment,” Prof. Olutayo Adeyem…
…intensifies efforts to position the solid minerals sector as a major source of economic growth, job creation and export revenue, while reducing Nigeria’s dependence on crude oil. By supporting projects at the high-risk early exploration and research stages, the Fund hopes to help developers generate the technical data…