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Global trade wars may hurt energy demand – OPEC

September 7, 2018 Blueprint 0

OPEC Secretary-General Mohammad Barkindo expects global trade disputes to hit energy demand and eventually hurt economic growth. Barkindo said this yesterday in Cape Town, South Africa added that the oil cartel was hopeful the “cloud of uncertainty” would ease soon. The prospect of a trade stand-off between the United States and China triggered by U.S. President Donald Trump’s tariff threats Read More

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Corruption as key driver of poverty in Nigeria

July 18, 2018 Blueprint 0

Analysts have linked the high poverty level in Nigeria to high rate of corruption in the country, especially with monies meant for developmental projects going into private pockets Poverty in Nigeria The report recently released by the Brookings Institution which provided evidence that Nigeria now has the largest number of extremely poor people in the world came as no surprise, Read More

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Apapa gridlock’ ll end soon – Osinbajo

February 23, 2018 Editorial IV 0

The federal government has said it was workinground the clock to address the protracted Oshodi-Apapa expressway gridlock in Lagos. Vice President Yemi Osinbajo who gave the assurance when he received a delegation of the Lagos Chamber of Commerce and Industry, LCCI, at the State House, Abuja, also said government was putting in place policies that will fast track economic growth. Read More

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Budget 2018: Ugwuanyi presents N98.563bn estimate

December 29, 2017 Editorial IV 0

By Raphael Ede Enugu Enugu state Governor, Mr. Ifeanyi Ugwuanyi yesterday presented before the State House of Assembly, a budget estimate of N98, 563, 500. 000 for 2018 fiscal year. The budget estimate is 6.7 percent less than 2017 estimate of N 105, 19, 471, 000. Break down of the budget tagged, “Budget of Sustainable Economic Growth”,shows that the capital Read More

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New fronts in Nigeria-US relations

November 30, 2017 Editorial IV 0

A few days ago, the United States-Nigeria Bi-National Commission (BNC) met in Abuja. AWAAL GATA writes on the meeting and the new ties the two countries were able to forge against its backdrop The BNC was co-chaired by the Minister of Foreign Affairs, Geoffrey Onyeama, and the Deputy Secretary of US Department of State, John J. Sullivan. This year’s BNC Read More

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Customs chief raises awareness against arms smuggling

November 24, 2017 Editorial IV 0

Stories By Ajibola Abayomi   New Assistant Controller General of Customs in charge of Zone A, Aminu Dahiru, has charged officers under his watch to be very vigilant to forestall attempts at smuggling arms and ammunition into the country. Dahiru, who was addressing officers and men of Ondo Ekiti Command as part of his tour of Customs formations in the Read More

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New oil, gas policy out soon – FG

November 22, 2017 Editorial IV 0

Stories by Benjamin Umuteme Abuja In a bid to put the oil and gas sector on the forefront, the federal government has concluded plans to roll out a new national policy for the sector. Speaking in Uyo, Akwa Ibom at the National Council on Hydrocarbon meeting, Minister of State for Petroleum Resources, Ibe Kachikwu said the new policy will create Read More

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Nigeria requires $75bn in 5 years to sustain recovery growth

November 13, 2017 Editorial IV 0

By Benjamin Umuteme Abuja The Managing Director Infrastructure Bank, Mr. Adekunle Oyinloye has said that Nigeria needs to sprnd $75 billion over the next five years if it is to sustain its robust economic recovery and growth. Mr. Oyinloye, said this in Abuja at a forum for set 1988 Economics Class, Ahmadu Bello University, Zaria. Added that capital investments in Read More

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Federation Account records N797bn VAT revenue in 10 months — Adeosun

November 1, 2017 Editorial IV 0

By David Agba Abuja Revenue from Value Added Tax (VAT) grossed N797.51 billion into the Federation Account between January and October 2017, the Minister of Finance, Mrs. Kemi Adeosun, revealed yesterday. The non-oil revenue represents 46.15 per cent of the 2017 VAT budget of N1.728 trillion. It is however an increase of 19.78 per cent over the corresponding eriod in Read More

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Private sector urged to create productive jobs

October 30, 2017 Editorial IV 0

By Ibrahim Ramalan Abuja The Chairman, National Population Commission (NPC) Chief Eze Duruiheoma has appealed to the private sector to invest heavily on creation of decent and productive jobs. He also urged the sector to absorb the large proportion of working age population, saying that government alone cannot provide employment for all Nigerians. Duruiheoma, who stated this while briefing journalists Read More

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ITS and investment opportunities in broadcast industry

October 24, 2017 Editorial IV 0

By Muhammed Mubarak Alabi When you mention Digital Switch Over technology, the average Nigerian is most likely to conclude that it starts and ends with transition from analogue to digital broadcasting, unaware of the inherent business opportunities for economic growth and development. The DSO project gained so much attention that when Nigeria migrated from analogue to digital broadcasting, the nation Read More