Nigeria’s Borrowing Still At 19% To GDP, Low Compared To Ghana, Brazil, Others, Says Finance Minister

…assures no plan to remove fuel subsidy The Minister of Finance, Mrs Zainab Shamshuna Ahmed, has disclosed that Nigeria’s borrowing still remains at 19 per cent to the Gross Domestic Product (GDP), and is low compared to Ghana, Brazil, South Africa, Egypt and Angola. The Minister made the statement while clearing the true position of reports surrounding the removal of fuel subsidy, which she maintained that there was no such plan, but was just an advise by the International Monetary Fund (IMF), at the just concluded Spring Meetings in Washington…

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PROJECT 1000 PRESENTS AWARD OF HONOUR TO PUBLISHER OF THELEADERNG, EBRIKU JOHN FRIDAY (JP)

The #PROJECT1000 Think Tank has presented a portrait to one of its stakeholders, Mr Ebriku John Friday in honour and recognition of his numerous contributions to the overall growth of #PROJECT1000 Yala, a local government areas in Northern Senatorial District of Cross River State. The presentation took on Tuesday in Abuja at the Institute for Peace and Conflict Resolution (IPCR) during a four-day capacity building and project management organised by the Erasmus Mondus Association and the #WeAfrihub for youth-based civil society organisation (CSO), tagged Erasmus+ Training Seminar for CSO. While…

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NCPC GIVES THANKS TO GOD FOR SUCCESSFUL 2018 PILGRIMAGE EXERCISE

The Nigeria Christian Pilgrim Commission (NCPC) on Sunday 14th April, held a thanksgiving service at the Redeemed Christian Church of God, City of David Parish, Central Business District Abuja for a successful 2018 pilgrimage exercise. Speaking during the thanksgiving service, the Executive Secretary of the Commission, Rev. Tor Uja intimated that 2018 came with so much difficulties and challenges, but God saw the Commission through it all and gave NCPC the best pilgrimage ever. According to him, “despite the Challenges we faced as a Commission we had the best pilgrimage ever and…

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N15bn Green Bond To Finance Agric, Power, Health and Water Sectors – Minister of Finance

…as Udoma lobbies IFC on funding critical infrastructure By Ebriku John Friday The Minister of Finance, Zainab Shamsuna Ahmed, Sunday, at the just concluded 2019 Spring Meetings of the World Bank Group (WBG), and International Monetary Fund (IMF), in Washington DC, United States of America, USA, disclosed that the Federal Government is set to issue a second N15 billion Green Bond to finance agriculture, power, health and water resources sectors of the economy before end of 2019. This was made known by the Minister in a statement signed by the…

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Finance Minister, Others In A Group Family Photo

NIGERIAN FIN MIN AHMMED LAGARDE, IMFC CHAIR AND US MNUCHIN 0A. L-R; Saudi Arabia Minister of Finance, German Minister of Finance, Mr Scholz, Minister of Finance, Sweden Ms. Magdalena Andersson, Minister of Finance, Canada, Bill Morneau, Thailand Fin Minister, Mr. Santiprahob, Nigerian Minister of Finance, Mrs. Zainab Ahmed, Managing Director IMF, Mme Christine Lagarde, IMFC Chair Mr Kganyago and United States Secretary of the Treasury Mr. Steven Terner Mnuchin, G20 Chair Japan Mr. Aso, Spanish Minister of Finance, Ms Nadia CalvinoIndia Minister of Finance, Mr Das. On the Third Roll…

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DOPT Orders Use Of Overhead Walkways

By Ebriku John Friday The Department of Public Transportation has called on residents of Calabar to always use pedestrian bridges while crossing busy arras in the city. Comrade Godwin Nyiam, the Director General of The Department who made this known on Saturday while addressing pedestrians at the University of Calabar minigate and Marian Market pedrdtrian bridge said careless crossing of roads in busy areas without using the pedestrians bridges contravenes traffic rules and offenders would be prosecuted. Comrade Nyiam said the bridges were erected to be used and crossing the…

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5TH ANNIVERSARY OF CHIBOK ABDUCTIONS: PMB SAYS THERE IS STILL HOPE FOR THEIR RETURN

President Muhammadu Buhari would like to remind the parents of the school girls of Government Secondary School, Chibok, Borno State that he has still not forgotten their daughters who were kidnapped from their dormitory five years ago (April 14, 2014). He promised the parents when he met them, at the beginning of his first term as president, that he would bring their daughters home. He is aware that this promise he made is the main reason the people of Chibok voted overwhelmingly for him in the February elections, and although…

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PMB SEEKS REGIONAL COOPERATION TO CHECK ILLEGAL FLOW OF SMALL ARMS INTO NIGERIA

President Muhammadu Buhari Saturday arrived in N’Djamena, the Chadian capital seeking wider cooperation among countries of Sahel and Saharan regions to counter the infiltration of small arms to Nigeria, flowing into the hands of militia forces, bandits and insurgents who are becoming a threat to human rights and internal security. The Nigerian leader is participating in the one-day Extraordinary Session of the Conference of Heads of State and Government of the Community of Sahel-Saharan States, CEN-SAD, alongside his host and current Chairperson of CEN-SAD, Idriss Deby Itno and their counterparts…

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World Bank/IMF Spring Meeting: Finance Minister Woo Global Investors To Nigeria

…says ease of doing business has improved The Minister of Finance, Mrs. Zainab Shamsuna Ahmed has assured global investors that Nigeria is ready for business as it has improved significantly the ease of doing business environment. The Minister stated this while wooing investors who attended the 2019 World Bank/IMF Spring Meeting in Washington DC, United States of America, assuring them of high returns in investment. A statement signed by the Special Adviser to the Minister on Media and Communications, Mr. Paul Ella Abechi, said the minister made the call while…

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SAM OGRIH EMERGES NIGERIA’S REAL ESTATE ENTREPRENEUR OF THE YEAR

Nigeria’s leading Real Estate mogul and Managing Director of Delta Mega Trend, Mr. Sam Ogrih, has been voted Nigeria’s Real Estate Entrepreneur of the Year by the CEOs Club Network, the world’s oldest and largest association for CEOs of large corporate organizations. Mr. Ogrih, an accountant turned builder, is been awarded for his unique innovation and approach to real estate development – promoting real estate as an business that provides huge returns on investment for subscribers. In his letter to Mr. Ogrih, the Chief Executive Officer, CEOs Club Network Nigeria,…

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