The Association of Nigerian Professionals in the Americas (ANPA) has faulted the Coalition of Oduduwa Descendants, a group that recently called for the restructuring of Nigerians In Diaspora Commission (NiDCOM). A statement signed by Engr. Gbenga Omoniya, for the group on Thursday said, “NiDcom is a veritable vehicle for Nigeria’s economic growth and national unity….
Tag: ECONOMIC GROWTH
Bank trains sub-nationals on climate change mitigation
The Islamic Development Bank (IsDB) has engaged in training desk officers at sub-national levels. The weeklong regional workshop, which saw participants drawn from across the country, explores low carbon mitigation options. The forum, organised by Action Enhancement Package (CAEP), in collaboration with IsDB, Federal Ministry of the Environment, and the Norwegian Ministry of Foreign Affairs,…
Nigeria’s frightening population boom
A new study suggesting that Nigeria’s population is expected to surpass that of China by 2100 should serve as a wake-up call on the nation’s policy formulators and managers of the ecomomy to be more pragmatic, proactive prudent in the execise of their onerous constitutional responsibilties. China, which is currently the most populous nation in…
Youths as agents of nation-building
The saying, ‘The youths are the bedrock of every societal growth and dovelopment’ is undeniable as the potential the youths possess is enormous. Hence, the youths are the greatest assets any country can have. It should be noted that the Nigerian youths played a critical role when the country was agitating for self determination as…
Rethinking Development in Nigeria
Bámidélé Adémólá-Olátéjú The issue of underdevelopment in Nigeria is not new. What is new is the headwinds of restive youths, insecurity, a ballooning population, the globalising effects of the coronavirus pandemic and dwindling national income. I spent the last four weeks traveling through the West of Nigeria and I am very worried. I am worried…
Wrestling food inflation in 2021
Indeed, the problems associated with soaring prices of foods are many and worrisome and the need to address them is appreciated by all meaningful Nigerians and their leaders. In fact, this week, President Muhammadu Buhari has said that his administration will keep a keen eye on food inflation in the New Year. As part of…
NESG commends Giving.ng, Shell, others for supporting #NES26
Giving.ng, a reputable crowd-funding platform has been commended by Nigerian Economic Summit Group (NESG) alongside other partners like Shell, Flour Mills and Nestle for supporting the recently concluded Nigeria Economic Summit (#NES26). The event which held between 23rd and 24th of November, 2020 had participants from private and public sectors discussing how strategic partnerships can…
USAID launches EatSafe to help improve nutrition in Kebbi
Thee U.S. Agency for International Development (USAID), Thursday, launched a new Consumer Food Safety Evidence and Learning Platform, known as Evidence and Action Toward Safe, Nutritious Food (EatSafe), which will support Nigeria in improving food security, safety, nutrition, and resilience, especially in the context of the COVID-19 pandemic. USAID INA press statement in Abuja said…
As Gezawa Commodity Market joins league of big-time investors
“Nigeria’s richest plough money into Africa’s biggest economy” is the title of a piece in Financial Times of November 23, 2020, that captured how our big-time entrepreneurs are realising that no foreign venture capitalists will come to develop our country just like that. We have to lead the way. We have to create the confidence…
BOFI Act: Senate hails Buhari
The Senate, Saturday, commended President Muhamnadu Buhari on the assent given to the Banks and other Financial Institutions Act 2020 (BOFI Act), following passage of the bill to that effect by the National Assembly. The Upper legislative chamber in a statement by its spokesperson, Senator Ajibola Basiru (APC Osun Central), said enactment of the BOFI…
Experts seek alternative strategies for Nigeria’s economic growth
The Chairman, Social Insurance Trust Fund, (NSITF), Mr Austin Enajemo-Isire, said there is urgent need to consider alternative strategies to retool the economy for survival and growth even as he called for the review of the Pension Reform Act (PRA) to enable those in Real sectors of the economy have access to Insurance and Pension fund…
Economic diversification, ethical leadership key to Nigeria’s economic crisis – Danbatta
Executive Vice Chairman/CEO of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has said that economic diversification and ethical leadership are key to solving the current economic problems confronting Nigeria. Danbatta said this when he delivered a paper titled: “Ethical Leadership as an Instrument for National Sustainability in the Post-Oil Nigerian Economy. A Public…