Home Posts tagged Economic Recovery
Foreign World

Johnson promises billions of pounds to revamp economy

British Prime Minister Boris Johnson on Tuesday promised to spend 5 billion pounds (or 6.15 billion dollars) on infrastructure projects to kick-start Britain’s economic recovery. According to him, the plan is to help the country through the expected severe economic impacts of the coronavirus pandemic as well as Britain leaving the EU. “The spending programme […]
Opinion

Lessons from Ekiti state election

The Nigerian government’s Economic Recovery and Growth Plan identifies ‘investing in our people’ as one of three ‘strategic objectives. But the ‘execution priorities’ don’t fully reflect people’s needs, prioritizing physical capital over human capital. To anchor the economy over the long term, investments in infrastructure and competitiveness must go hand in hand with
Business News

Minister wants policy on population management

The Minister of Budget and National Planning, Senator Udoma Udo Udoma, has stressed the need for robust population management policies in the country to spur growth in the economy. Senator Udoma made the call on Monday at an interactive session at the ongoing Parliamentary Open Week, which kicked off at the National Assembly in Abuja. […]
Economy Headlines

Nigeria out of stagnation not recession, Onovo faults NBS’ report on country’s economy

Chief Martin Onovo, a former presidential candidate has faulted the National Bureau of Statistics (NBS) report concerning Nigeria’s economy out of recession. Onovo, who contested the 2015 presidential elections on the platform of the National Conscience Party, said that Nigeria was in a season of stagnation, rather than being in a recession, according to NAN’s
Business Headlines News

Economic recovery: Analysts canvass privatisation, capital project as panacea

Say if exit is poorly managed, recession could re-occur again ‘Nigeria only out of recession technically’ As Nigeria, Africa’s largest economy was believed to have exited its worst recession in 29 years on Tuesday, financial analysts have urged the Federal Government to focus more on privatisation of its major sectors, while also continuing with its […]
News

FG to inject N2.5bn for YouWiN! Connect Series 1 SMEs

The Federal Government, Thursday said it has concluded plans to mobilize a whopping sum of N2.5 billion for YouWiN! Connect annually as equity investment in start-ups and early stage SMEs through qualified fund managers under a co-investment model. The Federal Government of Nigeria (FGN) believes that Small and Medium Enterprises (SMEs), are engines of growth […]