Ban on fertiliser will encourage smuggling
Experts in the agricultural sector have warned the Federal Government to reconsider its position on the ban placed on importation of fertiliser, predicting that the policy will encourage smuggling of the product through the country’s porous borders. Recall that the Central Bank of Nigeria (CBN), in an official circular, signed by its Director, Trade &…
DFID report shows learning equity at Bridge Nigeria Schools
The newly published report by the United Kingdom (UK) Department for International Development (DFID) has revealed complete equity of learning in Bridge International Academies...
Poor resource use raises economic woes
Nigeria has, over the years, displayed lack of governance in the management of crude oil proceeds, which has, till date, become an albatross to the development of the economy, with the sector’s outlook constantly dictating the pace and direction of standard of living, fiscal and monetary operations and growth.
NBET’s $350m investment in NSIA yields $67m profit
Power generating firms may soon heave a sigh of relief as the Nigeria Bulk Energy Trading Company Plc (NBET) has received $417.46 million from the Nigerian Sovereign Investment Authority (NSIA).
PFI initiative has eliminated fraud in fertiliser subsidy system, says NSIA
The Nigerian Sovereign Investment Authority (NSIA) has said that the careful and committed implementation of the Presidential Fertiliser Initiative (PFI) by the Federal Government in partnership with the Fertiliser Producers and Suppliers Association of Nigeria (FEPSAN) has totally eliminated the conduits in fertiliser subsidy programmes.
SWF, ministry sign MoU for $20m cancer, kidney centres
The Nigerian Sovereign Investment Authority (NSIA), operators of the Sovereign Wealth Fund (SWF) and the Ministry of Health have signed an agreement to provide tertiary health care...
FSS 2020 project: Trudging to destination 12 years after
Consistency and sustainability have been words mostly used in policy arena to measure commitment and degree of success. This is more important in the financial system...
Senate rejects probing excess crude account, seeks abolition
The Senate has thrown out a motion seeking a thorough investigation into alleged abuse of the Excess Crude Account (ECA) from 2004 to date.