The General Manager of ADAPALM (Nig) LTD, Hon. Goddy Esom Obodo has said that ADAPALM was established to boost agriculture in Imo State and Nigeria at Large. Hon. Obodo said this in an interactive session with EXCEL Magazine International at His office over the weekend. He further explained that the company is there to solve…
The Senate has strongly disagreed with the Nigerian Federal government over the 5 billion bailout intended to assist airline operators in the country. The Senate stated that the bailout will not be sufficient enough to cushion the effects of the Pandemic on the aviation industry. Speaking at the beginning of a 3-day public hearing…
The governor of Imo State, Sen. Hope Uzodinma has announced the release of N2 billion for the takeoff of training the first batch of the beneficiaries of a Comprehensive Youth Empowerment Scheme in the state. The Governor disclosed this in a broadcast at Owerri the state capital on Saturday. Uzodinma maintained that the two…
The aftermath of the Lekki Toll gate shootings is threatening to cause a huge standstill to a Nigerian economy already struggling to stand it’s ground. As fires of anger continue to ravage Lagos and other parts of the country, fears are growing concerning the reverse effects this could have on The economy. The #EndSars…
Nigeria’s President, Muhammadu Buhari has said that the country’s economy may lapse into the second recession in four years. The President expressed this fear while presenting the 2021 Budget Proposal to the National Assembly on Thursday, October 8, 2020. Just like many countries around the world, the economy of Nigeria has been affected by the…
Nigeria’s Senate President, Ahmad Lawan has maintained that the National Assembly is set to pass the 2021 appropriation Bill before the end of 2020. Lawan made this statement in his opening speech before the President, Muhammadu Buhari was invited to present the National Budget. “The National Assembly is ready to pass the 2021 budget before…
The Nigerian Senate has announced that the budget presentation event will not last long and probably an hour as a result of the Covid-19 pandemic. This statement was made by the Senate President, Ahmed Lawan on Wednesday while presenting the conditions that will guide the budget presentation by President Muhammadu Buhari. The Senate President said…
The President of the Nigerian Economic Society (NES) has criticized the President Buhari’s administration over its handling of the country’s economy. Prof. Sarah Anyanwu, President of the NES, stated this during a visit with her members to the Senate Minority Caucus. She further expresses grief over the exclusion of economists from the National Economic Management…
Nigeria’s president Muhammadu Buhari will on Thursday, October 8 present the 2021 budget to the joint sitting of the National Assembly. This statement was contained in a letter addressed to National Assembly and read by the Senate President Ahmed Lawan on Tuesday at the resumption plenary. It will be recalled that the Federal Executive Council…