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Constant Revenue Shortfall Affects Nigeria

Constant Revenue Shortfall Affects Nigeria   Nigeria’s debt profile, expectedly, would notch up by $2.93 billion by the end of this week, with a mix of increased costs, courtesy of the ongoing Eurobond debt offering, which government earmarked for capital projects in the 2018 fiscal plan.This...

Disaster Worse Than Boko Haram Looms In Nigeria

Disaster Worse Than Boko Haram Looms In Nigeria By Saleh Ibrahim Bature Nothing is more scary and disorienting than a disaster more cataclysmic than Boko Haram. This is the gloomy picture painted over Nigeria by the Emir of Kano Muhammadu Sanusi the II, at a 3-day...

USDA: Nigeria To Become 2nd Biggest Rice Importer In 2019

USDA: Nigeria To Become 2nd Biggest Rice Importer In 2019   Nigeria’s rice imports will rise by 13 per cent next year to 3.4 million metric tons, making the country the world’s biggest rice importer after China, according to the US Department of Agriculture. “China and Nigeria...

Nigeria Risks Food Crisis, Says Group

Nigeria Risks Food Crisis, Says Group   Fresh indications have shown that food crisis is imminent in Nigeria if the country fails to deploy innovation and technology into its food industry to boost productivity and sufficiency. Some food safety experts who raised the alarm listed the country’s...

Osinbajo Defends $73bn Debts Incurred By Nigeria

Osinbajo Defends $73bn Debts Incurred By Nigeria   Vice-President Yemi Osinbajo on Tuesday defended Nigeria’s $73bn debts despite admitting that the debt profile grew by another $10bn between 2015 and this year. In 2015, the VP said the debt size was $63bn, growing by $10bn to hit...

Trade War: Adopt Policies To protect Nigeria’s Economy – Emefiele

Trade War: Adopt Policies To protect Nigeria’s Economy - Emefiele   Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele Wednesday said that Nigeria should take a cue from the ongoing global trade war by adopting policies to protect the local economy. Emefiele made this call...