Business Solutions

Abuja, Aug. 29, 2023 – The Federal Government has released an eight-point agenda to turn the economy around and improve the living standard of Nigerians. Wale Edun, the Minister of Finance and Coordinating Minister for the Economy, presented the “Roadmap for the Economy” to State House correspondents after the Federal Executive Council meeting on Monday. He listed the agenda to include food security, ending poverty, economic growth and job creation, access to capital, improving security, improving the playing field on which people and particularly companies operate, rule of law and …

Port Harcourt, Aug.1, 2023 – The Niger Delta Development Commission (NDCC) is to establish Niger Delta Chamber of Commerce to create new jobs and stimulate economic activities in the region. Dr Samuel Ogbuku, the NDDC Managing Director, said this at a meeting with journalists in Port Harcourt.  He said the chamber of commerce would be used to engage entrepreneur who would, in turn, provide employment for thousands of youths in the Niger Delta. “So, the idea of NDCC is to gather entrepreneurs in the region together under one platform so …

Abuja, July 6, 2023 – In the bid to create more conducive environment for businesses to thrive in the country, President Bola Tinubu has signed four Executive Orders. Dele Alake, the Special Adviser to the President on Special Duties, Communication and Strategy, told state House correspondents in Abuja on Thursday that the Executive orders were to create improved environment for businesses to thrive. One of the Executive Orders is the Finance Act (Effective Date Variation) Order, 2023, has now deferred the commencement date of the Act from May 23, 2023 …

By Peter EjioforAbidjan, July 3, 2023 – Anambra indigenes in Cote d`Ivoire have called on the state government to create an enabling environment to attract residents in the Diaspora to invest at home. The indigenes said the Anambra people in the Diaspora were eager to invest at home to create employment opportunities and boost the economy. Nze Chiadi Chinazo, the Vice-President of Anambra State Union in Cote d`Ivoire, gave the advice in an interview in Abidjan on Sunday. He said Anambra indigenes in that country want to invest at home …

Lagos, June 23, 2023 -The Manufacturers Association of Nigeria (MAN) says its members spent N144.5 billion on alternative energy sources to power their companies in 2022. Segun Ajayi-Kadir, MAN Director-General, told journalists in Lagos on Friday that the amount was N77.22 billion in 2021. He said the association was against the planned increase in electricity tariff from July 1 as it was too outrageous Ajayi-Kadir said prices of their products were currently uncompetitive due to the high cost in powering their generators. He said a 40 percent tariff increase would …