https://www.westafricanpilotnews.com/wp-content/uploads/2021/11/Naira-one-thousand-naira-notes_File-1280x720.jpg

…Says it’s time for real central bankers to control CBN rather than commercial bankers Former Presidential Candidate and a Chieftain of the All Progressive Congress (APC), Mr. Gbenga Olawepo-Hashim has asked the Federal Government to dump the free float of the Naira in exchange to other currencies, for the Nigerian traditional managed float and allocate Nigeria’s forex and domestic resource for the nation’s economic and national priorities. He noted that for some time now, especially...

https://www.westafricanpilotnews.com/wp-content/uploads/2020/01/EFCC-1280x720.jpg

The Economic and Financial Crimes Commission, EFCC, has gone all out to save Nigeria’s local currency, the naira from its continued free fall against foreign currencies. On Wednesday, Nigeria’s forex crisis saw the naira trade for N1,830/US$1 in the streets. The official exchange rate does not fare better too. The currency has plunged to N1,555/US$1, moving closer to the street rate. The naira also weakened against the Great British Pound and the Euro. The rates...

https://www.westafricanpilotnews.com/wp-content/uploads/2020/05/IMF-Headquarters-1280x720.jpg

The International Monetary Fund, IMF, has praised President Bola Tinubu for embarking on reforms ex-Presidents Muhammadu Buhari, Goodluck Jonathan and Olusegun Obasanjo “shied away from.” According to the IMF, “The new administration has made a strong start, tackling deep-rooted structural issues in challenging circumstances. Immediately, it adopted two policy reforms that its predecessors had shied away from: fuel subsidy removal and the unification of the official exchange rates.” But the global financial institution admitted that...

https://www.westafricanpilotnews.com/wp-content/uploads/2024/02/Arewa-New-Agenda-1280x720.jpg

As part of an effort to empower youths, the Arewa New Agenda (ANA) at the weekend rolled out plans for the creation of 10 million jobs for youths across the 19 Northern States of Nigeria. Through its farming and agricultural initiative, ANA is expected to increase the current 35 percent of arable land across the country to 65 percent in the next four years, through different interventions such as agro-allied industry, food security by up to...

https://www.westafricanpilotnews.com/wp-content/uploads/2024/02/Former-Deputy-Governor-of-Osun-state-1280x720.jpg

Former Deputy Governor of Osun state, Mr Benedict Alabi says he embarked on abattoir and farm investment to help in producing premium and hygienic meat for public consumption. Alabi who served as deputy governor of Osun from 2018 to 2022, during former Gov. Adegboyega Oyetola’s tenure disclosed this in an interview on Friday in Osogbo. “Kire Modernized Abattoir was unique in supplying hygienic meat to hotels, multinational catering clients, distributors, and direct sales via personal...

https://www.westafricanpilotnews.com/wp-content/uploads/2024/02/ECCIMA-Executives-Visit-Gov.-Mbah-1280x720.jpg

The Enugu State Governor, Dr. Peter Ndubuisi Mbah has reiterated his administration’s commitment towards the provision of infrastructure, support, and policy for private sectors to thrive in the State. Dr. Mbah stated this when he received members of the Enugu Chamber of Commerce, Industry, Mines, and Agriculture (ECCIMA) at the Government House on Wednesday. Applauding ECCIMA’s theme for the 2024 International Trade Fair slated to hold in April, the Governor said, the theme “Promoting Made...

https://www.westafricanpilotnews.com/wp-content/uploads/2024/02/Governor-Fintiri--1280x720.jpg

Governor Ahmadu Umaru Fintiri has ordered the release of three billion naira to the state pension board for clearance of the backlog of pension and gratuity of retired civil servants in the state. Fintiri disclosed this Tuesday while receiving leaders of the Nigeria Labour Congress ÑLC in Adamawa who were at his office to congratulate him on his victory at the Supreme Court. “Retired civil servants in the state have labored for the development of...

https://www.westafricanpilotnews.com/wp-content/uploads/2023/10/solid-minerals-1280x720.jpg

…Deepens collaboration with RMAFC to curb revenue leakages The Federal Government has stated commitment to recover unpaid royalties and taxes in the mining sector. According to the Ministry of Solid Minerals Development and the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has resolved to strengthen collaboration to block revenue leakages in the sector. Speaking while welcoming the RMAFC chairman, Mohammed Bello, and his team to his office recently, the Minister of Solid Minerals Development, Dr....

https://www.westafricanpilotnews.com/wp-content/uploads/2024/01/H.E.-Mr.-Gangadharan-Balasubramanian-1280x720.jpg

The Indian High Commissioner to Nigeria, H.E. Mr. Gangadharan Balasubramanian on Friday said 150 Indian companies have so far invested 27 billion dollars in Nigeria. The envoy disclosed this in Abuja at a dinner to mark the 75th Republic Day of India and noted that India and Nigeria enjoyed strong and historical relations with ties dating back to before Nigeria’s independence. “Our economic and trade relations are strong and growing. Currently, nearly 150 Indian companies...

https://www.westafricanpilotnews.com/wp-content/uploads/2023/07/tinubu-addresses-the-nation-1280x720.jpg

The Management of the Nigerian Education Loan Fund (NELFUND) has been directed to expand its focus area by extending interest-free loans to Nigerian students interested in skill-development programmes. President Bola Tinubu gave the directive at the State House on Monday after a briefing from Mr. Akintunde Sawyerr, Executive Secretary of NELFUND, on the build-up to the launch of the programme later in the month. In a statement released by the Special Adviser to the President...

WP2Social Auto Publish Powered By : XYZScripts.com