Economic Confidential

FG moves to revitalise Nigeria’s iron, steel sector

…engages stakeholders on Backward Integration Policy  The Federal Government has said that it has concluded plans to develop and implement a comprehensive Backward Integration Policy for the iron and steel sub-sectors of the Nigerian economy. The Minister of Industry, Trade and...

MDGs: FG To Deliver 3,383 Health Projects In 210 LGAs

The federal government, through the Millennium Development Goals (MDGs) 2013 Conditional Grant Scheme (CGS), will provide 3,383 health projects, 7,015 educational projects, 2,780 water and sanitation facilities across 210 local government areas(LGAs) in the country. Similarly 697 agricultural and wealth creation...

Jonathan: Govt to spend N1.5tr on police reforms

President Goodluck Jonathan has said the Federal Government will spend N1.5 trillion in the next five years to reform the police. The President spoke yesterday in Makurdi, Benue State, at a two-day retreat on: Sustaining Nigeria PoliceReforms. The event was organised by the...

Govt approves N240.2m locally-made vehicles for SURE-P coordinators

• FEC okays draft bill for metallurgical industry The Federal Executive Council (FEC) has approved N240.2 million to procure 37 SUVs for each of the states’ chair Coordinators of the Subsidy Reinvestment Programme in all the states and the Federal Capital Territory (FCT). The Minister...

Senators To Okonjo-Iweala: You Are Imposing IMF, World Bank Policies On Nigeria

The highpoint of yesterday’s debate was the allegation by  some Senators that the Minister of Finance, Mrs Ngozi Okonjo-Iweala is imposing the International Monetary Fund (IMF) and the World Bank economic policies on Nigeria. Most Senators across party line also called for a...

Our Economic Indices Have Been Quite Impressive- VP SAMBO

Vice President Mohammed Namadi Sambo has remarked that the economic indices of Nigeria have been quite impressive since the inception of President Goodluck Jonathan’s administration. The vice president made this remark today at a reception organized for him in Abidjan...
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