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N2.3trn Pension Fund Available For Real Sector Investment – PenCom DG

N2.3trn Pension Fund Available For Real Sector Investment - PenCom DG       There is N2.3 trillion pension fund for investment in the real sector, the Director-General, National Pension Commission (PenCom), Mrs Aisha Dahir-Umar, has said. This, she said, is available via asset classes such as infrastructure funds,...

Nigeria’s Debt Rises By N2.3trn, Hits N31trn – DMO

Nigeria’s Debt Rises By N2.3trn, Hits N31trn – DMO     The Debt Management Office on Wednesday released Nigeria’s total public debt stock as of June 30, 2020, and put the country’s entire debt at N31trn, indicating an increase of N2.38trn within a space of three months. Nigeria’s...

Presidency Pressures Ministers, Others Over N2.3trn Stimulus Package

Presidency Pressures Ministers, Others Over N2.3trn Stimulus Package       There are indications that the Presidency is pressurizing ministries and departments of the Federal Government to begin implementation of the N2.3 trillion stimulus package earmarked to tackle the economic distortions and hardships caused by the COVID-19 pandemic,...

FG Integrates N2.3trn Stimulus Fund In Development Plan

FG Integrates N2.3trn Stimulus Fund In Development Plan       The Minister of State Budget and National Planning, Prince Clem Ikanade Agba, has said the N2.3 trillion Economic Sustainability Plan (ESP) stimulus package meant to cushion the COVID-19 effects has been integrated into the Medium-Term National Development...

Telecoms Sector Contributes N2.3trn To Q2 GDP

Telecoms Sector Contributes N2.3trn To Q2 GDP     Despite the economic impact of the COVID-19 pandemic, Nigeria’s telecommunications and information services sectors remain the enablers of growth, with N2.3 trillion or 14.30 per cent Gross Domestic Product (GDP) contribution in the second quarter of 2020. Data available...

FEC Okays N2.3trn Stimulus Plan

FEC Okays N2.3trn Stimulus Plan     The Federal Executive Council on Wednesday approved the N2.3tn stimulus plan proposed in the Nigeria Economic Sustainability Plan designed to support the nation’s economy in the face of the disruptions and challenges of the COVID-19 pandemic. The plan was designed by...