Business & Economy (Page 263)

(FLOWERBUDNEWS) Mrs Zainab Ahmed, the Minister for Finance, Budget and National Planning says under-recovery of Premium Motor Spirit (PMS), popularly referred to as fuel subsidy will gulp N450 billion in 2020. She said this on Monday in Abuja, at the public presentation of the 2020 budget proposals. Ahmed said itContinue Reading

(FLOWERBUDNEWS) Mrs Zainab Ahmed, the Minister of Finance, Budget and National Planning, says the nation will not be able to reach 80 per cent revenue performance for 2019. She said this on Monday in Abuja at the public presentation of the 2020 budget proposals. Ahmed said that as at halfContinue Reading

(FLOWERBUDNEWS) The BUA Group has signed a pact with the Africa CEO Forum to strengthen trade, investment and intra-African economic growth. Abdulsamad Rabiu, Chairman, BUA Group, during the signing ceremony in Lagos, said that the partnership was to strategically position the private sector to drive the effective implementation of theContinue Reading

(FLOWERBUDNEWS) President Muhammadu Buhari on Tuesday presented a budget of N10.729 trillion to the joint session of the National Assembly for approval for the 2020 fiscal year. According to the document, some of the ministries witnessed major changes when compared to the 2019 Budget proposal submitted by Buhari However, theContinue Reading

(FLOWERBUDNEWS) Some irrigation farmers in Damaturu, Yobe, on Tuesday appealed to government to support them with water pumps and other farm inputs to enhance the state agricultural revitalization programme . The farmers made the call in separate interviews with the News Agency of Nigeria (NAN). Mamudu Sani, a farmer inContinue Reading

Chief Olusegun Obasanjo   (FLOWERBUDNEWS) Former President Olusegun Obasanjo has called on the Democratic Republic of Congo (DRC) to invest in agriculture, particularly cassava, soybean, cowpea and plantain to help Africa cut down annual food imports estimated at $50billion. A statement by Mr Godwin Atser, the International Institute of TropicalContinue Reading

(FLOWERBUDNEWS) President Muhammadu Buhari has met with the members of the newly constituted Presidential Advisory Committee Against Corruption in State house today. President Buhari also revealed the outcome of the meeting through his Twitter handler. Read: EFCC Arrests Yahoo Kingpin With Exotic Cars In Delta State. According to the PresidentContinue Reading

(FLOWERBUDNEWS) The Kebbi Government is partnering the World Fish Programme to boost the fisheries potentials of the State. Gov. Abubakar Bagudu said on Tuesday while receiving officials of the programme in Birnin Kebbi that the state’s huge fisheries potentials were being affected by the effects of climate change. He notedContinue Reading