States Recieved N1.19tr From Federal Government
Between 2015 and September 2017, states got N1.19 trillion support from the Federal Government, Vice President Yemi Osinbajo said yesterday.
The assistance came in form of the Excess Crude Account, the Paris Club refund and budget support loans, among others.
Prof....
VP Osinbajo Says $1bn Not For Boko Haram War Alone
Vice President Yemi Osinbajo has clarified that the $1billion approved by the Nigerian Governors Forum was not for the fight against the Boko Haram insurgency alone.
The vice president stated that the fund was approved for...
Vice-President Yemi Osinbajo has attributed the current economic recession to the activities of militants in the Niger Delta.
Osinbajo said there was no way Nigeria would not be affected given the fact that “the nation now loses over one million barrels of crude oil on...
Nigeria may lose up to $1.3 trillion in revenues if it signs the Economic Partnership Agreement, the Manufacturers’ Association of Nigeria has said.
The EPA is a free trade deal between Economic Community of West African States and European Union.
The Committee of Heads of State...
Nigeria has been urged to deploy its tax policy being implemented on various sectors of the economy as an incentive to boost foreign direct investment (FDIs) into the country rather than using same as a disincentive to investors. United States Senator, Edward Markey, gave...
Vice President, Prof Yemi Osinbajo, pleaded for greater understanding and patience of Nigerians in the face of biting economic headship in the country.
President Muhammadu Buhari, he said, is aware of the economic hardship facing the people, and he feels “the pains that you feel,...