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Expect privatisation of more national assets – Emefiele

Expect privatisation of more national assets – Emefiele

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has given hints that more state-owned enterprises would be privatised. The governor made this known to journalists at a press conference to mark the end of the annual meetings of the International Monetary Fund (IMF) and World Bank, in Bali, Indonesia. “As you […]
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Nigeria, 7 African countries in debt distress –IMF

Nigeria, 7 African countries in debt distress –IMF

Amechi Ogbonna The International Monetary Fund ( IMF) Thursday, listed Nigeria among eight African countries on its debt distressed category following the failure of their fiscal consolidation to positively impact the citizens.  Abebe Aemro Selassie, Director of the IMF’s African Department, who gave the hint at a briefing he jointly held with Nigeria’s Budget and Planning […]
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Follow TheCable as Zainab Ahmed replaces Adeosun at 2018 IMF/WBG meetings

Follow TheCable as Zainab Ahmed replaces Adeosun at 2018 IMF/WBG meetings

After echoes from the 2018 Spring meeting of the International Monetary Fund and the World Bank Group advising countries to invest in human capital, world leaders and economic experts have The post Follow TheCable as Zainab Ahmed replaces Adeosun at 2018 IMF/WBG meetings appeared first on TheCable.

World poverty capital: Nigeria’s weighty burden

World poverty capital: Nigeria’s weighty burden

Isaac Anumihe, Abuja Since June 25, 2018 when Brooking Institute declared Nigeria the World Poverty Capital, the Federal Government has initiated a number of moves  to discountenance the ugly narrative.  The  institute’s report, had said that India used to be the World Poverty Capital with a population of 1.324 billion people as against Nigeria’s 200 […]
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Minimum wage: Osinbajo presides over special meeting on way forward

Minimum wage: Osinbajo presides over special meeting on way forward

Juliana Taiwo-Obalonye, Abuja Vice President Yemi Osinbajo, yesterday presided over the Economic Management Team meeting, specially convened to resolve the contentious minimum wage issue. Those in attendance at the meeting included the ministers of Finance, Zainab Ahmed; Budget and National Planning, Udoma Udo Udoma; Industry, Trade and Investment, Okechukwu Enelamah; Labour and Employment, Chris Ngige, […]
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Buhari’s government has taken ten million Nigerians out of poverty, minister claims

If corruption is not dealt with soon, Nigeria will die – Oyebode

Nigeria’s minister of budget and national planning Senator Udoma Udo Udoma said the country’s government under president Muhammadu Buhari has moved over ten million Nigerians out of poverty. Udoma’s statement contradicts a recent Brookings Institution report which listed Nigeria as the country with the highest number of citizens living below the poverty line. The minister […] …

‘We’re redesigning Nigeria’s security architecture’

Vice President Yemi Osinbajo yesterday said the Federal Government was redesigning Nigeria’s security architecture to meet “current challenges.” Speaking through the Minister of Budget and Planning, Udoma Udo Udoma in Abeokuta, the Ogun State capital, he affirmed: “Most of the investments we are looking at might not achieve the required expectation if we do not […] …

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