Special Economic zones Underway to boost manufacturing- FG Nigeria announced a target to double its manufacturing output to 20 percent of GDP within six years and will set up special economic zones across the country in partnership with regional aid...

GEF Allocates $20m to Tackle Environmental challenges The Global Environmental Facility (GEF) in the Federal Ministry of Environment, has allocated $20.65 million to address the nation’s environmental challenges. Alhaji Auwal Maidabino, GEF’s operational Focal point, said this on Wednesday at the...

External Debt Service Costs Nigeria N428.4bn in 2018 The Federal government and the 36 states spent N428.4 billion to service external debt in 2018. The amount spent on external debt services represents 4.7 percent of the N9.1 trillion approved budgets for...

Bridging Infrastructure gap Require $3trn- BPE ….. to Focus on PPP The federal government will require about $3 trillion in the next 30 years to bridge infrastructure gap, Bureau of Public Enterprises (BPE) has said. In view of this development, the apex...

AfDB approves $4.8 million grant to accelerate African free trade The Board of the African Development Bank (AfDB) approved an institutional support grant of $4.8 million to the African Union (AU) to accelerate the momentum of the African Continental Free...

Nigeria Spent N731 Billion to Subsidise Inflated Petrol Imports, Says W’Bank Nigeria spent N731 billion to subsidise petrol consumption in 2018, a world bank report released on Monday has said. The report, which is a product of the staff of the...