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Tag: Economic Recovery and Growth Plan

LCCI: Delayed 2018 Budget, Threat To Achieving ERGP Targets

LCCI: Delayed 2018 Budget, Threat To Achieving ERGP Targets   The Lagos Chamber of Commerce and Industry (LCCI) has said that the delay in passing the 2018 budget may drag the economy into a state of inertia and economic decline. This, according to the LCCI was also...

FG Targets N21tn Revenue from Agriculture

The Federal Government has said it will raise the contribution of agriculture to the nation’s Gross Domestic Product by N5tn before 2020. It stated that the country’s GDP from agriculture, which stood at N16tn in 2015, would be increased to N21tn in the next three...

FG Targets N800billion Yearly from Oil

The Federal Government has unveiled plans to restore crude oil production to 2.2 million barrels per day (mbpd) and increase its revenues by additional N800 billion yearly. It also expected to optimise the delivery of at least 10 Giga Watts (GW) of operational power capacity...

FG Unveils Economic Recovery Plan

The Federal Government expects the economy to climb out of recession and grow 2.19 percent this year, according to the Ministry of Budget and National Planning, which unveiled the Economic Recovery and Growth Plan (ERGP) 2017-2020. In a statement made available to the media by...