SPEECH DELIVERED BY THE PRESIDENT OF THE SENATE, FEDERAL REPUBLIC OF NIGERIA, HIS EXCELLENCY, SENATOR (DR.) ABUBAKAR BUKOLA SARAKI (C.O.N) ON THE PRESENTATION OF THE 2018 APPROPRIATION BILL – 7TH NOVEMBER, 2017. PROTOCOL. 1. Mr. President, on behalf of my colleagues, Distinguished Senators of the Federal Republic of Nigeria and Honourable Members of the House of Representatives, I welcome…
Nigeria Is Not An Oil Economy
Descriptions of Nigeria’s economy often include such phrases as ‘Africa’s largest oil producer’ and ‘the oil rich African nation’ but oil economies are typically characterised by low population densities and abundant oil resources. Saudi Arabia with 10 million barrels of oil per day and 30 million people, Kuwait with 2.7 million barrels of…
A Green Initiative For Nigeria
As a company, Green Nation, seeks to educate and enable Nigerians maximize the gains in the agriculture sector. Towards that end, the company organizes a weekly seminar in Ikeja, Lagos. The initiative, which began in April, 2017 continues to gather momentum as more people join to learn modern trends in agriculture. To benefit, prospective members are…
Invest In Our People, Elumelu Tells Africans
Founder of the Tony Elumelu Foundation, TEF, and chairman of United Bank for Africa, UBA, Tony Elumelu has declared that the most sustainable investment anyone can make in Africa today is investment in its people. At the 2017, TEF, African Journalism Fellowship, a segment of the 3rd annual TEF Entrepreneurship Forum held October 13…
Nigerian Breweries Rewards Journalists
It was a night of reward for Nigerian journalists who have distinguished themselves especially in agriculture reporting, at the 9th edition of the Nigerian Breweries Golden Pen Award, an annual event organized by Nigerian Breweries Plc, NB Plc. The 2017 edition was held on Friday night at the Eko Hotel Lagos, and it was entitled:”Agriculture, Local Sourcing and Industrial Development”. In his…
World Bank Meeting: Nigeria Wins Youth Development Initiative
Nigeria has for the second successive year, been declared winner of the Ideas for Action initiative, a youth competition on financing for development, which is yearly organised by the World Bank Group in collaboration with the Zicklin Center for Business Ethics Research. Reports from Washington, venue of the annual meetings of World Bank…
FG To Spend N100bn Sukuk Bond Proceeds On 25 Road Projects
The Federal Government has released the proceeds of the N100 billion Sukuk bond to 25 key economic road projects of the Federal Ministry of Power, Works and Housing across the country. Finance Minister, Kemi Adeosun, on Thursday, handed over the N100 billion proceeds cheque to the Minister of Power, Works and Housing, Babatunde Fashola at…
Ntel Appoints Ernest Akinlola New CEO
After what appears to be a slow start, occasioned by downturn in the Nigerian economy, and its fallouts, the board of ntel, Nigeria’s first 4G/LTE-Advanced network, has announced the appointment of Ernest Akinlola, as new Managing Director/Chief Executive Officer. “I am excited to be appointed MD/CEO of ntel, Nigeria’s pre-eminent 4G/LTE network. ntel…
Nigeria And The Challenge Of Economic Management
The Nigerian economy is faced with several challenges after 57 years of political independence. One of the challenges for the leadership, policy-makers and other stakeholders is on how best to fast-track development to reduce poverty and enhance the standard of living of most of the citizens. Recent data show that the poverty incidence has been…
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