IMF: Nigerians getting poorer, calls for ‘urgent and coherent’ economic policies

Posted by - 1st March 2018

The International Monetary Fund (IMF) says Nigerians are getting poorer and that “coherent and comprehensive” economic reforms are urgently needed in the country. The gross domestic product report released by the National Bureau of Statistics (NBS) on Tuesday showed that the economy recorded a growth of 0.83 percent in 2017. The Bretton Wood institution said

Nigeria remains best investment destination says Buhari

Posted by - 1st March 2018

President Muhammadu Buhari on Thursday reiterated that Nigeria remained the best and most attractive investment destination in Africa. The President disclosed this at a meeting with a Qatari business delegation led by former Emir of Qatar, Sheikh Hamad Bin Khalifa Al-Thani at the State House, Abuja. He welcomed the rise in foreign private investments in

State assemblies back devolution of power

Posted by - 1st March 2018

The speakers of the houses of assembly are asking for the introduction of devolution of powers in the next round of constitution amendment. In 2017, the senate rejected a proposal for devolution of power. Speaking on Thursday when lawmakers from state assemblies visited the national assembly, Abdulmumin Kamba, chairman of the speakers of houses of

INEC gets 108 applications for new party registrations

Posted by - 1st March 2018

The Independent National Electoral Commission, INEC, on Thursday said it has received no fewer than 108 fresh applications from associations seeking registration as political parties. The Chairman of INEC, Prof. Mahmoud Yakubu made the disclosure while speaking on: “Citizen, Government and Technology ’’at the ongoing Lagos Social Media Week. The commission had in December registered

Boko Haram kills Nigerian Army Commanding Officer in Sambisa forest

Posted by - 1st March 2018

Lieutenant-Colonel AE Mamudu, one of the commanding officers of the Nigerian Army Strike Force Group, was on Thursday, killed by a vehicle-borne Improvised Explosive Device in Sambisa ‎Forest. SaharaReporters reports that Lieutenant-Colonel Mamudu was killed along with a young Naval officer while on patrol for Operation Deep Punch 11. ‎ Mamudu, described as a fearless