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Nigeria’s Federal Government Directs That 60% of the Ecological Fund be Committed to Massive Forestation Program
Nigeria’s federal government has directed that 60 percent of the ecological fund be committed to massive forestation program in the country, Mr. Thomas Famoso, Assistant Director, Forestry Department, Federal Ministry of Environment, has said.
Nigeria’s President Goodluck Jonathan Inaugurates Nigeria Atomic Energy Commission
Nigeria’s President Goodluck Jonathan on Thursday inaugurated the Nigeria Atomic Energy Commission with a call for its members to exploit nuclear technology for national development.
African Development Bank Approves $700m Loan to Nigerian Banks
The African Development Bank (AfDB) has approved $700 million for Nigeria as surviving guarantee loan for immediate lending to small scale and medium enterprises, the bank’s Chief Country Economist, Mr. John Kofi-Baffe, said in Abuja on Wednesday.
World Bank to Help Nigeria Tackle High Rate of Youth Unemployment
The World Bank is to help Nigeria tackle the high rate of unemployment among the youth in the country, Professor Folusho Okunmade, the Country Representative of the bank in Nigeria, said in Abuja on Monday. How People Arrived Here: world bank unemployment...
Standard & Poor Confirms a Hypothesis
In my Saturday piece on the downgrading of our Standard & Poor (S&P) credit rating, I hypothesized “that S&P just wanted to take both the Legislative and Executive branches of our Government to task on the grounds that their handling...
Nigerian National Programme on Food Security Funded Farms Abandoned
Over 120 agricultural farming sites across Nigeria established on the platform of the Nigerian National Programme on Food Security (NPFS) have been abandoned following the failure of participating state governments to pay their counterpart funds for the...
Nigerian Federal Government Reaches Agreement with Organized Labor on the Implementation of the National Minimum Wage
Nigeria’s Minister of Labour, Mr EmekaWogu, has said that the Federal Government has agreed with organized labor on the implementation of the N18,000 (about US$120) national minimum wage. How People Arrived Here: mexico nathional joint commission on...
Nigeria Requires $373b to Provide 16 Million Houses
The government-owned Federal Mortgage Bank of Nigeria (FMBN) on Thursday said Nigeria has a deficit of 16 million housing units and would require about $373 billion to provide the facility.
