The Central Bank of Nigeria (CBN) has warned state governments against excessive reliance on short-term borrowing and overdrafts, saying such practices could undermine Nigeria’s transition to an inflation-targeting monetary framework.
NGF to Adopt Sugar as Driver of Industrial Development for States
The Nigeria Governors’ Forum (NGF) secretariat has agreed to prioritise sugar as a key product for the acceleration of industrial development in states across the country.
The NGF also accepted to include sugar projects as...
Investopedia: NGF Launches Joint Platform to Attract Foreign Investors
The Nigeria Governors’ Forum has unveiled Investopedia, a biennial publication designed to showcase key projects, incentives, and market insights across sectors, with the aim of attracting foreign investment, creating jobs, and boosting economic growth nationwide.
At the...
New Minimum Wage May Push States into Bankruptcy — NGF Report
As the nation awaits the new minimum wage promised to be sent to the National Assembly by President Bola Tinubu, the burden of implementing the minimum wage may make many states bankrupt.
The Federal Executive...
NGF Assures Labour of Better Minimum Wage from Ongoing Negotiations
The Nigeria Governors’ Forum (NGF) have assured Nigerians that better wages will result from the ongoing negotiations between the government, private sector and organised labour.
The governors had previously rejected the Federal Government’s proposal of N62,000,...
