Category: Economy

Challenges women face in farming has left Nigerian families poorer

“Despite the huge labour investment of women, productivity is low and they often have limited roles in decision making on the farms.  Lack of ownership of land and other productive assets due to existing social norms has created a significant negative impact on the family income and the nation’s GDP at large.’’  Those were the… Continue reading Challenges women face in farming has left Nigerian families poorer

Sukuk Bond funding 25 road projects in Nigeria – Buhari

President Buhari has disclosed that the N100 billion Sukuk Bond raised in Nigeria, is funding work in 25 road projects both in the country. He made the disclosure as part of his presentation of the 2019 budget. He listed the following projects as projects being funded by the Sukuk fund: a. Construction of the Oju/Loko-Oweto… Continue reading Sukuk Bond funding 25 road projects in Nigeria – Buhari

See breakdown of President Buhari’s proposed 2019 budget

The total budget is N8.3 trillion Breakdown Recurrent expenditure – N4.04 trillion Debt servicing – N2.14 trillion Statutory transfer – N492.36 billion Sinking fund – N120 billion Capital expenditure – N2.031 trillion The budget should he passed fast. Nigeria’s economy doesn’t need.the kind if budgetary delays we have been experiencing.

Lagos shares out loans to SMEs

Today, Monday, November 26, the Lagos State government shared out loans to small and medium scale businesses. Many small business owners had smiles on their faces as they went home with accredited loans of between N50,000 and N500,000. They first received offer letters. Then their accounts were credited.  The Executive Governor of Lagos State, Mr… Continue reading Lagos shares out loans to SMEs