The Debt Management Office (DMO) said President Muhammadu Buhari’s request for N2.343 trillion new borrowing was already captured in the 2021 budget.
The Gambian-born aspirant for the position of the Commissioner for Agriculture, Rural Development, Blue Economy and Sustainable Development in African Union, Mr. Ernest Reuben Aubee
11 Oct 2019
Three international development agencies – African Development Bank (AfDB), the Agence Francaise De Development (AFD) and the Japan International Cooperation Agency (JICA) – have promised to partner with Katsina State on the provision of infrastructure, particularly in the rural areas.
25 Jan 2019
A few weeks ago, Dr Ngozi Okonjo-Iweala, former minister of finance in both the Obasanjo and the Jonathan administrations, spoke of the need for federal and state governments to pay some urgent attention to the development of the rural areas. Matters are getting worse there and for the country as a whole, obviously. Did anyone…
24 Dec 2018
Sen. Ayogu Eze, the All Progressives Congress(APC) governorship candidate for the 2019 elections in Enugu State, on Monday said that he would place priority on provision of infrastructure and rural development, if elected. The two-term senator, who represented Enugu-North Senatorial District at the national assembly, made this known in an interview with the News Agency…
21 Dec 2018
Governor Kayode Fayemi of Ekiti state, on Friday presented a budget of N129.9billion for 2019 to the state House of Assembly for consideration. The News Agency of Nigeria, (NAN) reports that the budget, christened, “Budget of Restoration”, is made up of N57.8billion capital expenditure and N72.7billion recurrent expenditure. The capital expenditure represents 44 per cent,…
29 Nov 2018
Dr. Akinwumi Adesina is the President of the African Development Bank (AfDB). He previously served as Nigeria’s Minister of Agriculture and Rural Development. Until his appointment as minister in 2010, he was Vice President of Policy and Partnerships for the Alliance for a Green Revolution in Africa (AGRA). On the sideline of the just concluded…
6 Jul 2015
Part of the answer is that the vast wealth of Africa is often not being translated into development. Often it benefits only a few, or is squandered altogether. Illicit outflows from Africa totaled $69 billion in 2014. To achieve development we need much more than just resources.