If the report is be believed, and the tempo is sustained, then inflation including high cost of food items may be going down to the comfort of Nigerians. This follows the latest report by the National Bureau of Statistics (NBS) released today, which indicates that the August 2024 headline inflation eased to 32.15 per cent,…
The National Bureau Of Statistics (NBS) has reported a negative revenue period for the agricultural sector of the economy as the revenue generated dropped by 5.93 per cent to N973.69bn in the second quarter of 2024. The NBS ‘Foreign Trade in goods statistics’ report said the total value of trade in agricultural goods in Q2,…
Sokoto State Government received over 12,367 bags of rice as an economic palliative by the federal government to the most vulnerable in the society. The Minister of Budget and Economic Planning, Atiku Bagudu, and Senior Special Assistant to President Bola Tinubu on Political Matters, Ibrahim Masari, made the presentation to the state. Bagudu said the…
The Nigerian Export Promotion Council has reaffirmed its commitment to the Ogun State Government to create a favourable environment for the cashew industry in Nigeria. In a statement by the Ogun state Head of Service, Mr Kehinde Onasanya, during a one-day intervention programme and distribution of cashew seedlings to farmers, organised by NEPC in partnership…
Jigawa state governor, Umar Namadi has approved the release of the total sum of N315.5 million to 15,775 flood victims presently in the Internally Displaced Persons (IDP) camps across 20 affected local government areas in the state. The governor disclosed in Kiyawa, Kiyawa town headquarters of Kiyawa local government area in the state while flagging…
The Ogun State Governor, Dapo Abiodun, has disclosed plans by his administration to introduce a price control mechanism in the state. Abiodun also disclosed that henceforth, all forms of market levies have been suspended, except development and environmental levies. The Governor made the disclosure during a meeting with market leaders led by the Iyaloja General,…
The federal government has attributed nutrition deficiency across the country to inadequate funding and weak data systems as it restates its commitment to provide aid to children under the age of five, women of reproductive age, alongside vulnerable groups in the country. This was disclosed by the Permanent Secretary, Federal Ministry of Budget and Economic…
For the government to be able to adequately prepare for flooding and reduce damages as well as casualties, it has to invest more in suitable infrastructure. The federal government has, therefore, been advised to increase funding for the climate resilient infrastructure in those regard. A Civil Society Organisation, Connected Development(CODE) made the call. But…
The minister of Environment, Mallam Lawal on Wednesday warned that the threat of flooding may increase in the country due to forecast trends, the admonition was disclosed in a statement reacting to the recent flood incidences across the country. Lawal advised Nigerians to avoid travelling to flood-prone areas and avoid crossing heavy run-off flow as…
It is estimated that about 40 percent of food produced in Nigeria is lost before it gets to market due to inadequate processing, packaging and storage. The Lagos State Governor, Babajide Sanwo-Olu, said this recently. The governor was speaking at the 11th edition of the PROPAK West Africa 2024: Smart Packaging Conference in Lagos. Sanwo-Olu,…
