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CBN Vows To Resist Maize Importation

CBN Vows To Resist Maize Importation     The Central Bank Governor, Mr Godwin Emefiele, has said the bank will oppose all attempts to continue importation of maize into the country. In a statement titled ‘Emefiele woos youths to embrace agriculture’, the CBN boss said, “The CBN would...

NSIA Saves N133bn On Fertilizer Subsidy

NSIA Saves N133bn On Fertilizer Subsidy       The Nigerian Sovereign Investment Authority (NSIA) has saved $350 million (about N133 billion) by cutting subsidy payments and import substitution after it began implementing the Presidential Fertilizer Initiative. In a statement by the Authority, after four years of the PFI,...

19 States Lack Automated IGR Collection System – Fed Govt

19 States Lack Automated IGR Collection System – Fed Govt       Only 17 states out of the 36 states of the federation have fully automated their Internally Generated Revenue collection systems, the Federal Government said on Thursday. This implies that 19 states lack automated IGR collection systems. The...

Lagos, Rivers, FCT, Delta Generate Nigeria’s 52.67% IGR In 2020

Lagos, Rivers, FCT, Delta Generate Nigeria’s 52.67% IGR In 2020       With the generation of 32.08 per cent, 8.97 per cent, 7.05 per cent and 4.57 per cent share of the 2020 Internally Generated Revenue (IGR) Lagos, Rivers, Federal Capital Territory (FCT) and Delta States respectively...

Large-scale Rice Millers Groan under Paddy Scarcity, by Salisu Na’inna Dambatta

Large-scale Rice Millers Groan under Paddy Scarcity, by Salisu Na'inna Dambatta Nigeria's drive toward self-sufficiency in rice production as part of a multifaceted programme to deepen our national food security as enunciated by the administation led by President Muhammadu Buhari seem to be  under threat...

N140bn Solar Project Not Free – Osinbajo

N140bn Solar Project Not Free - Osinbajo       Vice President Yemi Osinbajo has told beneficiaries of the N140 billion home solar project is not free. The solar systems are part of the Nigerian Economic Sustainability Plan (NESP) that the President Muhammdu Buhari administration’s response to the economic...