The Lagos State government has said it would reduce dependence on federal allocation and increase its Internally Generated Revenue (IGR) to N30 billion monthly next year and N50 billion monthly in 2018. It is also aiming at a yearly budget of N1 trillion by 2018. These were part...

In a bid to underscore the importance of diversifying the economy and attracting more industries to Anambra state, Chief Willy Obiano has confirmed that the concise Economic Blueprint, made up of The Four Pillars of Development; including Agriculture, Industrialization, Trade and Commerce and Oil...

As part of efforts to boost educational, cultural and business ties with the State of Kuwait, Sokoto state government says it is making concerted efforts to benefit from the Arab country’s $1billion development fund set aside for intervention in critical social sectors in Sub...

Nigeria LNG Limited (NLNG) has inaugurated its $2 million Engineering Research Centre at the University of Ilorin (UNILORIN). The centre is part of gas giant’s $12 million University Support Programme (USP). So far, NLNG has inaugurated four laboratories in varsities. The based at the Ahmadu Bello...

The Lagos State Government says Nigeria spends $11bn (N3.1tn) annually to import wheat, rice, sugar and fish. The government stated this  at a capacity building workshop for heads of agriculture department in the 57 local government and local council development areas of the state in...

Abia state government is inching closer to sealing a deal with the African Development Bank (AfDB) for a $200 million loan facility to be used for the rehabilitation of infrastructure, especially in the commercial city of Aba. It emerged that the deal was in the...