Economy
-
Refineries won’t work by December despite Tinubu’s assurances – Obasanjo
Former President Olusegun Obasanjo has insisted that despite the assurances of President Bola Tinubu, none of the nation’s refineries will start working by December. Tinubu had while meeting with leaders of the organised labour last month, promised that the Port Harcourt refinery will commence operation by December. But in an interview with The Cable, Obasanjo said no refinery can work…
Read More » -
New NASENI boss resumes office, vows to use STI to drive Tinubu’s socio-economic priority areas
The newly appointed Executive Vice Chairman/Chief Executive Officer (EVC/CEO), National Agency for Science and Engineering Infrastructure (NASENI), Mr. Khalil Suleiman Halilu, said he would ensure that President Bola Tinubu’s Renewed Hope Agenda is achieved through the deployment of Science, Technology and innovation (STI) in the economy. Halilu made this statement while addressing the management and staff of the agency shortly…
Read More » -
Buhari damaged the economy, ‘inexperienced boy’ bought private jet – Lamido Sanusi
Former Emir of Kano, Muhammadu Sanusi II, has criticized the economic approach of the former President Muhammadu Buhari-led administration, saying that it lacked expert guidance. Sanusi, the former governor of the Central Bank of Nigeria (CBN), said this in a video he released. He pointed out that sycophants took advantage of the system, highlighting instances where individuals with limited experience…
Read More » -
Solid minerals will contribute 50% to Nigeria’s GDP – Alake
The Minister of Solid Minerals, Dele Alake, has said that the ministry will add at least 50% to the Nigerian economy, just as he said that the ministry is poised to attract Foreign Direct Investment to the country. The minister who spoke during the unveiling of the ‘Agenda for the Transformation of the Solid Minerals for International Competitiveness and Domestic…
Read More » -
Keyamo highlights three means boost FAAN’s revenue-generating capacity
Minister of Aviation and Aerospace Development, Festus Keyamo, has outlined a number of steps the ministry might take to boost its capacity to generate income. In a statement by the Director of Public Affairs and Consumer Protection, Abdullahi Yakubu-Funtua, on Friday the minister said there are numerous options to increase the agency’s revenue profile. According to the statement, Keyamo also…
Read More » -
Crude oil production has increased to 1.6m bpd, says Kyari
The Nigerian National Petroleum Company (NNPC) Limited has announced that Nigeria’s current crude oil production level, including, has reached 1.67 million barrels per day (bpd). The Group Chief Executive Officer (GCEO) of NNPC, Mele Kyari, made this statement during a press briefing held in Abuja on Friday. In July 2023, Nigeria’s crude oil and condensate output experienced a decline, falling…
Read More » -
Alake expresses FG’s commitment to curb illegal mining
The Federal Government on Thursday expressed commitment to eliminate illegal mining and empower 30 master jeweller trainees to create job opportunities. The Minister of Solid Minerals Development, Mr Dele Alake, said this in Abuja during the graduation and presentation of starter packs to graduands of the third batch of jewelry-making training. The programme was organised by the ministry, in conjunction…
Read More » -
G20: Tinubu leads Nigerian business leaders to India to drive investments
Nigeria’s President Bola Tinubu will lead a delegate of influential business people to the G20 summit in India next week in attempts to promote foreign investment in Africa’s largest economy and mobilize global capital to develop infrastructure, his spokesman said in a briefing. “The focus of the summit will be heavily predicated on the urgent need to attract foreign direct…
Read More » -
Tinubu appoints 32-year-old entrepreneur Khalil Halilu NASENI CEO
President Bola Tinubu on Friday approved the appointment of Khalil Suleiman Halilu as the new Executive Vice Chairman and Chief Executive Officer of the National Agency for Science and Engineering Infrastructure (NASENI). This was contained in a statement by the Special Adviser to the President on Media and Publicity, Ajuri Ngalale on Friday. The statement said the 32-year-old Halilu’s appointment…
Read More » -
FG set to optimise FAAN’s revenue-generating capacity, says Keyamo
Minister of Aviation and Aerospace Development Festus Keyamo says the Federal Government will optimise the generating capacity of airports across the country. During a site visit to the Murtala Muhammed International Airport, Lagos, Keyamo revealed that 60 per cent of FAAN’s revenue comes from Lagos, and as such, the new terminal should be exploited to its full potential. He added…
Read More »
Follow our WhatsApp Channel