Politics

Udoma Udo, the minister of budget and national planning, says the Nigerian economy will grow by 3.01 percent in 2019 — at variance with the World Bank’s forecast of 2.2 percent in the same year. Udoma who was speaking at the Deloitte Dialogue on Nigeria’s Economic Outlook for 2019, in Lagos, said the proposed 2019 budget is intended to further reposition …

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Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), says he will triple the budget for education sector if elected president. Speaking during the Silverbird Man of the Year event on Sunday, Atiku also said he would end the incessant strike by the Academic Staff Union of Universities (ASUU) from his first day as president. The Buhari administration allocated …

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The Code of Conduct Tribunal (CCT) has adjourned the trial of Walter Onnoghen, the suspended Chief Justice of Nigeria (CJN), till February 13, 2019. Onnoghen is standing trial before the CCT over allegations of fraudulent declaration of assets. He was suspended by President Muhammadu Buhari and replaced with Justice Ibrahim Tanko Muhammad, although in acting capacity. Advertisement At the resumed …

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The Independent Petroleum Marketers Association of Nigeria (IPMAN), has endorsed President Muhammadu Buhari for a second term in office. The group made the endorsement when its National Executive Committee paid a courtesy call to the President in Abuja. The President however charged IPMAN members to help tackle fuel smuggling, noting that smuggling of petroleum products from Nigeria to other neighboring …

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With ever-increasing customer expectations of quick service and near real-time transactional support, United Bank for Africa (UBA) committed resources to Artificial Intelligence (AI) a year ago, birthing Leo, a Banking Chatbot that helps customers carry out key banking transactions anywhere, using mobile devices and personal computers.   Leo can be accessed via Facebook or WhatsApp.  “Our customers are increasingly asking for …

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The Chairman of Zenith Bank Plc, Mr. Jim Ovia, has lauded the federal government’s economic team for pulling the economy out of economic recession, acknowledging that the country’s economic outlook shows that it is now on a growth trajectory. Ovia, while appraising the performance of the economy in 2018 in a goodwill message he delivered at the Deloitte in Dialogue …

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The federal government has expressed its preparedness to support 100 indigenous oil and gas companies operating in Nigeria to overcome their existing market challenges and grow to become big energy conglomerates. It said this was part of its effort to improve indigenous participation in Nigeria’s oil and gas industry through a programme tagged: ‘Project 100’ that would see 100 wholly-owned …

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Against the backdrop of the worsening public power supply, new data have emerged showing that manufacturers in Nigeria spent a total of N246.38bn generating their own electricity between 2016 and 2017. Further analysis of the data compiled by the Manufacturers Association of Nigeria showed that the operators spent N129bn in 2016 and N117.38bn in 2017 on private power generation. The …

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The Minister of Budget and National Planning, Senator Udoma Udo Udoma is optimistic that the Nigerian economy will continue to maintain its recovery in 2019 as the real GDP growth is expected to increase from 0.8% in 2017 to 2.1% in 2018 and 3.01% in 2019, with the sustained implementation of the ERGP. Senator Udoma who was speaking at the …

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Statement by National Christian Elder Forum (NCEF) CJN Onnoghen: What is Really at Stake and the Way Out The National Christian Elders Forum (NCEF) has noted another brazen attempt of the President Buhari Administration to establish its undemocratic character and sectional purpose in Government. That President Buhari would conduct what amounts to “judicial coup” is not surprising to the NCEF; …

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