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BUSINESS

Nigeria to become food exporter through mechanised farming – Tinubu

President Bola Tinubu, on Sunday, said his administration was keen to make Nigeria self-sufficient in food production and become a net exporter of agricultural products through what he called “aggressive mechanisation.” He affirmed his administration’s support to give ease and succour to the 2024 Hajj pilgrims. “Nigeria will become a net exporter of food through aggressive mechanisation,” Tinubu told a delegation from the Global Tijaniyya Movement, led by Khalifa Muhammad […]

todayFebruary 12, 2024 14

BUSINESS

Nigeria facing worsening economic crisis, says IMF

The International Monetary Fund has said stalled per-capita growth, poverty and high food insecurity have exacerbated the ongoing cost-of-living crisis in Nigeria. The report came amid rising inflation, exchange crisis, weak economic growth and business shutdowns. The global lender said this in a new report titled ‘IMF Executive Board Concludes Post Financing Assessment with Nigeria.’ According to the report, low revenue collection has hampered the provision of services and public […]

todayFebruary 12, 2024 15 1

NEWS

Nigeria seeks US support on G20, UN security council slots

The Federal Government on Tuesday asked for the support of the United States on its membership in the G20  and a seat on the United Nations Security Council. President Bola Tinubu made the request on Tuesday at a bilateral meeting with the US Secretary of State, Antony Blinken, at the Presidential Villa, Abuja. Addressing a joint press briefing after the bilateral discussions, Nigeria’s Minister of Foreign Affairs, Yusuf Tuggar, said […]

todayJanuary 24, 2024 21

ENTERTAINMNET

Make Nigeria work, Sam Adeyemi urges older generations

The Senior Pastor of Daystar Christian Center, Sam Adeyemi, has advanced reasons why the older generations of Nigerians must put their act together and make Nigeria work. He said it was important for the older generations, including the political and religious leaders to retrace their steps and get the country working because the younger generation would soon begin asking questions. Speaking on Channels Television’s Sunrise Daily on Tuesday, the cleric […]

todayJanuary 2, 2024 46

BUSINESS

Nigeria not generating enough revenue to support devt – IMF

Nigeria is not earning enough revenue to support its developmental needs, the International Monetary Fund has disclosed. According to the IMF, the country’s nine per cent revenue to Gross Domestic Product ratio is very low and not enough to support the country’s social safety nets, development spending, and protect its vulnerable households. The Director of the IMF’s Communications Department, Julie Kozak, revealed this during a press briefing on Thirsday. Responding […]

todayDecember 11, 2023 49

NEWS

Spain seeks partnership with Nigeria on maritime security

The Spanish Navy has reiterated its commitment to partner with the Nigerian Navy to tackle maritime insecurity in the Gulf of Guinea. The Spanish Ambassador to Nigeria, Juan Jell, said this on Monday night in Apapa, Lagos, during the reception on board its warship, Bam Tornado. Jell explained that the exercise was part of Spain’s three-month deployment of ships within the Gulf of Guinea. “This ship is in Lagos as […]

todayNovember 9, 2023 76

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