Naira depreciation and 2022 budget

October 25, 2021 Adefolarin A. Olamilekan 0

Regrettably, naira depreciation does not hold any assurance of better things economically for Nigerians. There is obviously misguided and unrealistic call that the naira be devalued in expectation that matching “official rates with parallel market exchange rates will attract foreign investors or ensure competitiveness of the Nigerian economy”. Conversely, foreign investors are ‘smart guys’ investing chiefly in economically and minimally Read More

How Naira depreciation affects Nigerian economy

September 24, 2021 Blueprint 0

When the Central Bank of Nigeria (CBN) restricted the sale of foreign exchange to BDCs, many thought that continuous slide of the country’s currency against the Dollar would cease, but alas, it is not to be as the slide has continued. In this piece, BENJAMIN UMUTEME looks at the implication of a weakened Naira on the nation’s economy. Alarm bells Read More

Ayade wins Blueprint Newspapers Governor of the Year award on Agro-Industrialisation

June 3, 2021 Bode Olagoke 0

Governor Ben Ayade of Cross River State has been awarded the Blueprint Newspaper Governor of the Year award for 2021. The event took place Thursday at the prestigious Congress Hall of Transcorp Hilton Hotel, Abuja. Ayade clinched the award in recgonition of his giant strides in agro-industrialization. The Blueprint 10th anniversary/Impact Series and Award is one in a series of Read More

75 companies bid for 12 federal highways’ concession

June 1, 2021 Tope Sunday 0

No fewer than 75 construction companies Tuesday bidded for the concession of the 12 federal highways under the Highway Development and Management Initiative (HDMI). The Federal Ministry of Works and Housing had in December 2020, received the Certificate of Compliance for the Outline Business Case for the HDMI. Julius Berger, Dantata and Sawoe construction companies were among other notable companies Read More