Our Development Plan will Lift 35m out of Poverty, Generate 21m Jobs - FG     The Minister of State for Finance, Budget and National Planning, Prince Clem Agba, has said the implementation of the new national development plan would lift 35 million Nigerians out of poverty...

FG Targets 308% Increase In Mining Revenue, 144,000 Jobs   The Federal Government has disclosed plans to increase the mineral sector’s contribution to the economy by growing revenue generated from mining to N9.28bn by 2025. Figures contained in the National Development Plan obtained by Economic Confidential showed...

620,000 Jobs Created As CBN Releases N44bn To CTG Sector       Over 620,000 direct and indirect jobs were created in two years as a result of the Central Bank of Nigeria’s (CBN’s) intervention in the Cotton, Textile and Garment (CTG) sector. CBN Governor Godwin Emefiele made this...

Air Travel Earns $1.7bn Annually, Create 341,000 Jobs       Contribution of the air travel sector to the country’s Gross Domestic Product (GDP) has been put at $1.7 billion yearly, with at least 341,000 direct jobs. The Commissioner of the Accident Investigation Bureau (AIB) Nigeria, Akin Olateru, made...

‘Textile Can Generate 2.5 Million Jobs’       Vice-President of Industrial Global Union, Mr. Issa Aremu, has said that the textile industries alone can generate over 2.5 million jobs in Nigeria if rejuvenated. He said the current government could create 100 million jobs over the next 10 years...

Boeing Cuts 7,000 More Jobs, Records $449m Q3 Loss       Pressured by another quarterly loss, Boeing announced Wednesday additional job cuts as it adapts to a prolonged downturn in the aviation industry. The planemaker, which has been in belt-tightening mode throughout 2020, plans to eliminate about 7,000...