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Economy

Gov Masari presents over N340b 2022 budget to Katsina Assembly

Governor Aminu Bello Masari of Katsina State has presented the sum of N340,951,912,557.00 as 2022 budget tagged “Budget of Economic Resilience” to State Assembly, today Wednesday. Presenting the budget the Governor said section 121 (1) of the Constitution of the Federal Republic of Nigeria, 1999 (as amended) provides that “The Governor shall cause to be […]

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Economy

Nasarawa IGR hits over 40bn as new measures underway to boost revenue

Chairman of the Nasarawa State Internal Revenue Service, Alhaji Ahmed Yakubu Muhammad, announced that, so far, the board has altogether recovered an unprecedented 40bn, with another 8 to 10bn in the process of being recovered. He made this known when he visited the Governor, Abdullahi Sule at Government House, Lafia to update him on another […]

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Economy

Buhari woos business world on gas, says it remains top priority

President Muhammadu Buhari Thursday in Paris, France, assured investors that investment in gas remains a top priority for the country, considering the huge benefits in terms of returns and utility. Receiving the Chief Executive Officer of Total, Patrick Pouyanne, President Buhari noted Nigeria had made huge investments in gas, and will continue to create enabling […]

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Economy

Buhari assure French investors of Nigeria’s sustained investment

President Muhammadu Buhari Wednesday in Paris, France, says the outlook on the Nigerian economy remains bright, with sustained investments in infrastructure, particularly ICT, that favour global businesses and a friendly regulatory environment that supports Foreign Direct Investments (FDI). In a keynote remark at the Nigeria International Partnership Forum, with a focus on “Beyond the Pandemic”, […]

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Economy

eNaira: CBN digital currency features display as website goes live

eNaira: CBN digital currency features display as website goes live Ahead of the October 1 of the official launch of the Central Bank of Nigeria’s eNaira website, has gone live, displaying CBN digital currency features. According to the website, http://www.enaira.com, “eNaira is a CB -issued digital currency that provides a unique form of money denominated […]

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Economy

Ex-President describe as foolish President Buhari’s borrowing for recurrent expenditure

Ex-President describe as foolish President Buhari’s borrowing for recurrent expenditure Nigeria Ex- President Olusegun Obasanjo, has frowned at the way the Federal Government is taking loans. According to him, borrowing for recurrent expenditure is foolish. “If you want to build a commercial house and you go and borrow money, and you have 50 per cent […]

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Economy

External Borrowing Plan: Presidency lists projects, beneficiaries

External Borrowing Plan: Presidency lists projects, beneficiaries A total of 15 projects, spread across the six geo-political zones of the country, are to be financed with more than $4 billion from multilateral institutions, under the 2018-2021 medium term (rolling) external borrowing plan. In a statement signed by the Senior Special Assistant to the President on […]

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Economy

External Borrowing Plan:Presidency list projects, beneficiaries

External Borrowing Plan:Presidency list projects, beneficiaries A total of 15 projects, spread across the six geo-political zones of the country, are to be financed with more than $4 billion from multilateral institutions, under the 2018-2021 medium term (rolling) external borrowing plan. In a statement signed by the Senior Special Assistant to the President on Media […]

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Economy

Buhari says 1.6m households, 8m individuals benefiting from conditional cash transfers

Buhari says 1.6m households, 8m individuals benefiting from conditional cash transfers President Muhammadu Buhari has today, Tuesday in Abuja said ongoing efforts to reduce poverty in the country continue to grow, with 1.6 million poor and vulnerable households, comprising more than 8 million individuals currently benefiting from the Conditional Cash Transfer program, while N300 billion […]

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Economy

Stop claiming ownership of mineral resources — Minister warns GovernorsBy Faith Awa Maji, Katsina

Stop claiming ownership of mineral resources — Minister warns GovernorsBy Faith Awa Maji, Katsina THE Minister of Mines and Steel Development, Architect Olamilekan Adegbite has warned State Governors to stop claiming ownership of mineral resources found within their territorial jurisdiction. He reminded State governments that mineral resources, were vested on the Federal Government to exploit […]

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Economy

Katsina re-introduces cattle, development taxes, n500 per cattle

Katsina re-introduces cattle, development taxes, n500 per cattle By Faith Awa Maji, Katsina THE Katsina State Government’s re- introduced community development levy and cattle taxes states that under the new tax regimes, each working adult is expected to pay N2000, while a cattle breeder is expected to pay N500. 00 per cattle. The State’s Commissioner […]

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Economy

Katsina spent over n300m renovating Abuja edifice – Masari

Katsina spent over n300m renovating Abuja edifice – Masari By Faith Awa Maji, Katsina The Katsina State Governor, Aminu Bello Masari says, it has spent three hundred and sixty-two million naira renovating the newly Katsina five story edifice at the central business district Abuja. Governor Aminu Bello Masari made the disclosure while commissioning the newly […]