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UN Projects 3% Economic Growth For Nigeria

UN Projects 3% Economic Growth For Nigeria   The United Nations has said the Nigerian economy will grow to three per cent in 2023 because of a robust commodities trade and dynamic consumer goods and services markets. It stated that high inflation and power supply issues are...

“Weakening Naira, Rising Food Prices Affecting Nigerians”

"Weakening Naira, Rising Food Prices Affecting Nigerians"   A combination of high food prices and a strong dollar is negatively affecting people in Nigeria and other developing countries, a report by the United Nations Conference on Trade and Development has revealed. According to the report, this combination...

NBS Report Says 133 million Nigerians are Poor

NBS Report Says 133 million Nigerians are Poor The National Bureau of Statistics latest data has indicated that 133 million Nigerians are multidimensionally poor. In its latest National Multidimensional Poverty Index Report launched on Thursday, the NBS said that 63 per cent of Nigerians are poor...

Nigeria Retains Seat In UN Committee On ECSR

Nigeria Retains Seat In UN Committee On ECSR The UN Committee on Economic, Social and Cultural Rights (CESCR) has reappointed Nigeria and Mauritius for another four years. The implementation of the International Covenant on Economic, Social and Cultural Rights was oversee by 18 independent experts. In 2021,...

Osinbajo Says Nigeria’s committed to SDGs, AU agenda

Osinbajo Says Nigeria’s committed to SDGs, AU agenda The Vice President, Yemi Osinbajo says Nigeria is committed to achieving the Sustainable Development Goals also known as the United Nations’ Agenda 2030. Also, he affirmed the country’s commitment to a similar initiative by the African Union, called...

West Africa’s Food Economy To Hit $480bn By 2030 – UN

West Africa’s Food Economy To Hit $480bn By 2030 - UN   The United Nations office in Nigeria has projected that food economy in West Africa and Sahel sub-region would hit $480 billion in 2030 with non-agricultural sector accounting for 49 per cent of the value...