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The Central Bank of Nigeria (CBN) has disbursed 114.17billion to beneficiaries under its 100-for-100 Policy onProduction and Productivity since the commencement of theintervention.This was revealed in a communiqué issued by the CBNGovernor, Godwin Emefiele, after the last Monetary PolicyCommittee meeting held in Abuja.He stated that the funds were expended on 71 projects acrosshealthcare, manufacturing and ag...

Former President Olusegun Obasanjo has said that politicalleaders, not farmers should be blamed for the failure ofNigeria and Africa to take advantage of advancement inscience and technology for the development of the agriculturalsector.The former president stated this at a lecture organized tomark his 86th birthday in Abeokuta, the Ogun State capital.Obasanjo said politicians caused the inability of the country toa...

The Federal Government has approved the disbursement of308 billion worth of Promissory Notes to 199 exportingcompanies under the Export Expansion Grant Scheme.While issuing letters to beneficiaries, the Executive Director ofthe Nigeria Export Promotion Council, Dr. Yakusakcommended the Federal government and the NationalAssembly for prompt response in approving the payment ofthe outstanding claims to the beneficiaries....

The Socio-Economic Rights and Accountability Project(SERAP) has urged President Muhammadu Buhari to directthe Central Bank of Nigeria (CBN) to continue to receive theold naira notes from Nigerians.SERAP said this in a letter signed by its deputy director,Kolawole Oluwadare.According to SERAP, revealing the measures that the FederalGovernment and the CBN were taking to implement theSupreme Court decision would also e...

President Muhammadu Buhari has urged warring factions inthe Republic of Chad to prioritize national interest and securetheir country, rather than decimating it through infighting.Buhari said this when he received the country’s transitionPresident, General Mehmet Déby-Itno, who visited him on thesidelines of the ongoing United Nations Conference on LeastDeveloped Countries in Doha, the Qatari capital.The Presid...

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The Niger Delta Development Commission (NDDC) hasinaugurated a 16-member budget committee to prepare its2024 budget through engagements with stakeholders.The NDDC Managing Director, Dr. Samuel Ogbuku, said thatthe committee must first identify the vision of the commissionas an interventionist agency in order to prioritize the allocationof available resources.Ogbuku said that, the 2024 NDDC budget should strike abala...

Former President Goodluck Jonathan is set to receive AfricanDemocracy and Peace Icon Award for being the first leader toconcede power to an opposition government on the continent.Also to be honoured are former President of Tanzania, thelate John Magufuli, Vice President of Liberia, Dr. JewelHoward-Taylor, former President of Botswana, RetiredLieutenant General Seretse Khama and many otherprominent Africans.Announcin...

The Independent National Electoral Commission (INEC) hassaid that supplementary election will hold in places whereresults had not been declared for last Saturday’s NationalAssembly poll.The commission said it will announce the date for thesupplementary poll after conducting the governorship andHouses of Assembly elections on March 11.In a statement after its weekly meeting, INEC NationalCommissioner for Inform...