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46% of households borrow to eat in North-East —UNDP

A report unveiled by the United Nations Development Programme in partnership with Oxfam Nigeria revealed that 46 per cent of households in Nigeria’s North-East borrow money to eat, while 61 per cent of residents in the region lack access to portable water. The North-East of...

States Endorse 22 Point Fiscal Reform Action Plan

The Ministry of Finance said the 36 States and the FCT had agreed to reform their finances and those of local governments under a Fiscal Sustainability Programme to ensure their long term viability. This is contained in a statement made available to newsmen in Abuja...

Lagos, Consortium Agree to Construct N844bn 4th Mainland Bridge

 AFC, J.P. Morgan, Access Bank to fund the project About 24 hours after it unveiled its plan to construct Oshodi Transport Interchange at a cost of $70 million, the Lagos State Government on Wednesday signed a memorandum of understanding with a consortium of investors...

11 States Have No Emergency Agency – NEMA

The Deputy Director, Planning, Research and Forecasting of the National Emergency Management Agency (NEMA), Kayode Fagbemi, has said that despite the climate change and global warming challenges facing Nigeria, only 25 states presently have emergency management structures to manage disaster. He was speaking at the...

Lagos Generates N101bn in 3 Months

…Declares N4.85bn Surplus Revenue The Lagos State Government generated a total revenue of N101.69bn in the first quarter of 2016 out of which a surplus of N4.85bn was realized as against an expected N29.92bn deficit, the State’s Commissioner for Economic Planning and Budget, Mr. Akinyemi...

Lekki Free Zone: LASG releases N1.6bn, woos investors

The Lagos State Government  said it had released the sum of N1.6 billion as part of its equity contribution to the Lekki Free Zone Development Company (LFDC). The Commissioner for Commerce, Industry and Cooperatives, Mr Rotimi Ogunleye, made the remark at the 2016 Ministerial Media...