SMEDAN Trains Over 10,000 Young Entrepreneurs in North East in 2020

BusinessEconomyNewsNigeriaSMEDAN Trains Over 10,000 Young Entrepreneurs in North East in 2020

PilotnewsJanuary 7, 2021

The Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) trained more than 10, 000 young entrepreneurs in the North East region in 2020 on how to manage small businesses profitably. Mr. Isa Doguwa, the Zonal Coordinator, SMEDAN North East Region, disclosed this in an interview with the News Agency of Nigeria (NAN) on Wednesday in Bauchi. Doguwa said that compared to 2019, SMEDAN recorded huge success in terms of training and empowerment in the...

CONTINUE READING
Sen. Ndume asks Buhari to Establish a Budget Impact Assessment Office

EconomyNewsNigeriaPoliticsSen. Ndume asks Buhari to Establish a Budget Impact Assessment Office

PilotnewsJanuary 4, 2021

Sen. Ali Ndume, (APC-Borno) has called on President Muhammadu Buhari to establish a Budget Implementation and Impact Assessment office so that he could monitor the releases of funds and performance of his cabinet members. Ndume, Chairman of the Senate Committee on Nigerian Army, made the call while fielding questions from journalists on Monday, in Maiduguri. “Buhari is a good leader but quite a number of his cabinet members are not doing enough to reposition the...

CONTINUE READING
Gov. Zulum Signs Borno N248bn 2021 Budget into Law

EconomyNewsNigeriaGov. Zulum Signs Borno N248bn 2021 Budget into Law

PilotnewsJanuary 4, 20211

Gov. Babagana Zulum of Borno on Monday signed the state N248 billion 2021 budget into law. Speaking at the ceremony in Government House, Maiduguri, Zulum charged all government ministries, departments and agencies to comply strictly with the provisions of the budget. The governor expressed appreciation to the state House of Assembly for the speedy passage of the budget. Zulum said that his administration would continue to place a priority on security, education, healthcare, agriculture and...

CONTINUE READING
CBN Defends Naira with $4.37bn in the Third Quarter of 2020

EconomyNewsNigeriaCBN Defends Naira with $4.37bn in the Third Quarter of 2020

Bada Yusuf Amoo (Correspondent)January 4, 2021

The Central Bank of Nigeria injected $4.37bn in the foreign exchange market in the third quarter of 2020 as part of efforts to ensure the stability of the naira. This was disclosed in the third-quarter economic report. The bank added that through its periodic interventions in the forex market, it continued to boost the supply side of the market, as the private sector supply chain segment of the market is weakened by the COVID-19 crisis....

CONTINUE READING
African Nations Begin Trading Under AfCFTA Pact

AfricaBusinessEconomyNewsAfrican Nations Begin Trading Under AfCFTA Pact

PilotnewsJanuary 3, 2021

African Union (AU) Chairperson Cyril Ramaphosa and Ethiopian Prime Minister Abiy Ahmed have congratulated Africans for starting trading under the African Continental Free Trade Area (AfCFTA). Abiy tweeted: “Congratulations to our continent for the beginning of trading under AfCTA. The new frontier for Africa is indeed regional integration, where minds are open to ideas and markets are to trade. Trade defuses the most fraught relations and integrated markets generate prosperity.” South African President Ramaphosa said:...

CONTINUE READING
Buhari Signs 2021 Appropriation Bill into Law

EconomyNewsNigeriaPoliticsBuhari Signs 2021 Appropriation Bill into Law

Bada Yusuf Amoo (Correspondent)December 31, 2020

President Muhammadu Buhari on Thursday, signed into law, the 2021 Appropriation Bill. The brief signing ceremony was done inside the President’s office at the Presidential Villa, Abuja. On Monday, the National Assembly passed ₦13.58trn budget for the next fiscal year. The Buhari led administration had desired to restore the budget of the country to January to December cycle. All Progressive Congress-led government achieved this with the 2020 budget as Buhari signed the document into law...

CONTINUE READING
Gov. Ayade Signs 2021 Appropriation Bill of N281.9bn into Law

EconomyNewsNigeriaGov. Ayade Signs 2021 Appropriation Bill of N281.9bn into Law

PilotnewsDecember 30, 2020

Gov. Ben Ayade of Cross River on Wednesday signed the state’s 2021 budget of N281.9 billion into law. The budget has N192.5 billion representing 67 per cent earmarked for recurrent expenditure, while the sum of N88.196 billion representing 33 per cent was for capital spending. Speaking at the signing ceremony held at the Governor’s office, Calabar, Ayade said that there was provision for the establishment of a state polytechnic in the budget. He added that...

CONTINUE READING
Lagos Assembly Passes N1.163trn 2021 Budget

EconomyNewsNigeriaPoliticsLagos Assembly Passes N1.163trn 2021 Budget

PilotnewsDecember 30, 2020

The Lagos State House of Assembly on Tuesday passed the 2021 Appropriation Bill of N1.163 trillion, seven weeks after the budget was presented to the Assembly by Gov. Babajide Sanwo-Olu. The House passed the budget after the report of the appropriation was presented during plenary by the Chairman, Joint Committee on Economic Planning and Budget and Finance, Gbolahan Yishawu (Eti Osa II). The News Agency of Nigeria (NAN) recalls that Gov. Sanwo-Olu had on Nov....

CONTINUE READING
Enugu State House of Assembly Pass 2021 Budget Of 169.8 Billion Naira

EconomyNewsNigeriaPoliticsEnugu State House of Assembly Pass 2021 Budget Of 169.8 Billion Naira

Ije Ulasi (Regional Correspondent)December 29, 2020

After the presentation and adoption of report of the House Committee on Finance and Appropriation, the Enugu State House of Assembly on Tuesday passed the 2021 Appropriation bill. In his presentation, Ezeani Ezenta, committee chairman said the budget estimate took full cognizance of the yearnings, aspirations and prayers of the people on the impacts of Covid-19 and the national ENDSARS protest witnessed in 2020. Ezenta further disclosed that the Economic and Social Sectors received 61.9...

CONTINUE READING
We Will Wrestle food Inflation in 2021, Buhari Assures Citizens

EconomyFoodNewsNigeriaWe Will Wrestle food Inflation in 2021, Buhari Assures Citizens

PilotnewsDecember 29, 2020

President Muhammadu Buhari has assured Nigerians that his administration will keep a keen eye on food inflation in the New Year. Malam Garba Shehu, the President’s Senior Special Assistant on Media and Publicity, in a statement, said Buhari gave the assurance at the fifth regular meeting with the Presidential Economic Advisory Council held on Tuesday at the State House, Abuja. Buhari directed that the CBN “must not give money to import food. Already, about seven...

CONTINUE READING

Newer Posts

Older Posts

WP2Social Auto Publish Powered By : XYZScripts.com