Energy expert, Dr Ayodele Oni, says the removal of fuel subsidies in Nigeria has had a significant impact on the country’s economy. Oni, a partner at Bloomfield Law Firm, made the assertion in an interview with the News Agency of Nigeria (NAN) on Tuesday in Lagos. According to him, experts have noted both positive and…
The Tinubu Stakeholders Forum (TSF) says the Q4 2024 Confidence Index recently released by the Manufacturers Association of Nigeria (MAN), which rose to 50.7 points, reflected a moderate improvement in the confidence of CEOs in the manufacturing sector. Mr Ahmad Sajoh, Chairman of TSF, said in a statement on Wednesday that this signified the resilience…
The Chairman of the Senate Committee on Finance, Sen. Sani Musa, has assured that the Senate would produce legislation from the tax reform bills aimed at making Nigeria’s economy a trillion-dollar base. He added that President Bola Tinubu had tasked the National Assembly with this goal and that the legislature was committed to creating a…
The South-East Development Commission SEDC) has said it intends to grow the economy of the region from the present $40 billion to $200 billion by 2035. Mr Mark Okoye, Managing Director of SEDC, said this in his inaugural speech made available to journalists in Awka on Wednesday. Okoye said that the inauguration SEDC was the…
The President of the Senate, Godswill Akpabio, says Nigeria is ready to partner Switzerland to ignite innovation, diversify the economy and create opportunities for generations to come. He said this on Monday, when he received the Chairman and members of the Swiss European Free Trade Association (EFTA) who were at the National Assembly on courtesy…
European Commission President Ursula von der Leyen said on Tuesday that “it is in no one’s interest to break the bonds of the global economy in a new era of fierce geostrategic competition’’. “We will need to work together to avoid a global race to the bottom because it is in no one’s interest to…
President Bola Tinubu has urged heads of navies and coastguards in the Gulf of Guinea (GoG) to foster international cooperation on maritime security towards sustainable development in Africa. Tinubu made the call on Wednesday, at the opening of the 8th edition Symposium of Heads of Navies and Coastguards in the GoG, on maritime environment in…
By Gabriel Agbeja, News Agency of Nigeria (NAN) According to the United Nation Environment Programme (UNEP), the annual economic value of the ocean is estimated at $2.5 trillion. Experts say ocean and sea covering more than 70 per cent of the Earth’s surface feeds the living, regulate climate, and generate most of the oxygen the living…
