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Tag: economic recession

Analysts Give Tips On Economic Recovery As Nigeria Exits Recession

National Bureau of Statistics
GDP grows by 0.11% in Q4 Analysts yesterday called on the Federal Government to implement the 2021 budget to boost infrastructural development, ensure policy consistency and proper management of theRead More

To Pacify Labour, FG Summons Meeting Over Electricity Tariff Hike

Chris Ngige: the Federal Government vs the Nigeria Labour Congress
Gencos seek scrapping of NERC Onyebuchi Ezigbo and Emmanuel Addeh in Abuja The Federal Government has summoned a meeting of the Committee on Review of Tariffs and Charges in theRead More

Labour, PDP, OPS, Others Kick as FG Reviews Electricity Tariffs

Nigeria Labour Congress
Tariff increases to continue till Discos cover costs, says NERC Analysts, the Organised Private Sector (OPS), labour and the Peoples Democratic Party (PDP) yesterday decried a review, by the FederalRead More

Analysts List Path To Economic Recovery, Growth In 2021

Economic recession
Seek privatisation, commercialisation, sales of moribund assets Financial and economic experts have advised the federal government to look inward in its resource mobilisation activities in the new year. They alsoRead More

FG Imposes 6 Months Travel Ban On 100 Passengers For Flouting Covid-19 Rules

L-R: Director General, Nigeria Centre for Disease Control, Dr Chikwe Ihekweazu; Secretary to the Government of the Federation and Chairman, Presidential Task Force on Control of COVID-19, Boss Mustapha; President, Maj Gen. Muhammadu Buhari(retd); Minister of Health, Osagie Ehanire, during a meeting on control of Covid-19, in Abuja.
Publishes their passport details Lagos Archbishop: Enforcement of safety protocols more effective than lockdown The Federal Government, yesterday, slammed a six-month travel ban on 100 passengers, who failed to complyRead More

Investors Gain N8tn As Nigerian Stock Market Closes Bullish

Nigerian Stock Exchange (NSE)
Equities investors in the Nigerian capital market have every reason to cheer as the value of their investments, measured by the Nigerian Stock Exchange (NSE) capitalisation, went up by N8Read More

Despite Rising COVID-19 Cases, OPS Cautions Against Fresh Lockdown

Coronavirus
PTF mulls review of further opening up of economy NEC worried about health facilities being overwhelmed Members of the organised private sector (OPS) and some economic analysts yesterday warned againstRead More

Buhari, Govs Deepen Grip On APC As NEC Dissolves Party’s Organs

Buhari, Governors Deepen Grip on APC as NEC Dissolves Party’s Organs
Extends caretakers’ tenure by six months Expels former national vice chairman Eta Urges president to shelve meeting with N’Assembly With the dissolution yesterday of organs of the All Progressives CongressRead More

Analysts Back FG’s Forecast Of Quick Exit From Recession

Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed
World Bank predicts drop in nation’s per capita income to 40-year-low Analysts yesterday described the Federal Government’s projection that the economy, which slipped into a recession in the third quarterRead More

FG To Ban Fish Importation In Two Years

Minister of Agriculture and Rural Development, Alhaji Muhammad Sabo Nanono
The Federal Government has announced plans to end fish importation in the next two years as it asked fish importers to consider producing fish locally. The Minister of Agriculture andRead More