USAID to invest $60m to boost agribusiness in Nigeria
The United States Agency for International Development, (USAID) has disclosed plans to invest $60 million to boost agriculture in Nigeria and across West Africa. Speaking at the launch of the West Africa Trade and Investment Hub in Abuja yesterday, the United States Ambassador to Nigeria, Mary Beth Leonard, said the project would improve the overall business operations and enhance capacity to...
IMF’s Projection Of Nigeria’s Economic Growth Wrong — Akabueze
The Director-General of the Budget Office of the Federation, Ben Akabueze, says the International Monetary Fund (IMF) has been wrong in its projections of the Nigerian economy in the last four years. Akabueze spoke on the economic projections of the President Bola Tinubu government for 2024. According to him, “In the last four years, IMF has got it wrong about our...
2nd Niger Bridge: Uzodinma, Ogah, Obiozor, Others Hail Buhari
The Imo State Governor, Hope Uzodimma, some ministers from the South-East zone, including State For Mines and Steel Development, Dr Uchechukwu Ogah and the Ohanaeze Ndigbo President-General, Prof. George Obiozor, at the weekend, commended President Muhammadu Buhari for approving the release of funds for the completion of the Second Niger Bridge. They also expressed joy over other Federal Government-sponsored infrastructural...
Billionaire Daughter, Hauwa Indimi, Laments High Cost Of Tomato
Hauwa Indimi-Yar'adua, the daughter of billionaire oil entrepreneur Mohammed Indimi, has expressed concern about growing food prices in the country. Taking to her verified Instagram account, the cosmetologist shared a photo of a small basket of tomatoes she purchased in Abuja for N8,000, adding that she is "still not over it yet." According to the News Agency of Nigeria, due to...
I Prevented Nigeria From Sliding Into Economic Disaster — Tinubu
In his first New Year address to the nation, President Bola Tinubu, on Monday, said he took difficult steps at reforming Nigeria’s economy to avert a looming fiscal crisis He assured Nigerians that the harsh economic realities would not last long, as his reforms would yield the desired results in 2024. Upon assuming office in May 2023, the President announced the...
BREAKING: Buhari, Emefiele, Kyari, Others Hold Emergency Meeting Over Oil Crash
President Muhammadu Buhari and officials dealing with government finances are meeting right now. Those attending are the Minister of Finance, Budget and National Planning, Zainab Ahmed; Minister of State Petroleum Resources, Timipre Sylva; and the Minister of State, Budget/National Planning, Clement Agba. Other officials of government attending the meeting include the Governor of the Central Bank of Nigeria, Godwin Emefiele; and...
FG Stops Purchase Of Vehicles
Federal Government has stopped what it called non-critical and administrative capital spending, including the purchase of vehicles. The Special Adviser to the President on Media and Publicity, Femi Adesina, disclosed this in a document tagged, “What you need to know about the Nigeria Economic Sustainability Plan” made available to journalists in Abuja on Thursday. The plan was developed by the Economic...
Uche Ogah: FG Has Established 6 Mineral Cluster, LED Processing Projects In South East
As the government strives to diversify the nation's economy, the Minister of State for Mines and Steel Development, Dr Uchechukwu Ogah says the federal government has established six solid minerals cluster projects to boost the economy and conserve foreign exchange, ABN TV reports. Ogah who spoke during an interview session in Calabar also revealed that the government has established the...
Stay Away From Further Borrowing, DMO Cautions FG
The Debt Management Office, DMO, has warned the Federal Government against additional borrowing, saying 73.5 per cent of revenue generated this year will be used to service debt. According to the DMO, the projected FGN Debt Service to Revenue ratio of 73.5 per cent for 2023 is high and cannot support higher levels of borrowing, and is also a threat...
How Buhari Intends To Spend $22.7m Foreign Loan
Here is how the Buhari administration plans to spend the loan and where the projects are located as contained in the document: INFRASTRUCTURE – Emergency road rehabilitation and maintenance ($434.7m, nationwide) – Abidjan-Lagos corridor highway development project study ($1.5m; multinational) – Abuja mass rail transit project (phase 2) ($1.25bn; FCT) – East-west road ($800m; Niger Delta) – Nigeria Housing Finance Project Guarantee Scheme ($100m;...
![Ohafia Monarchs Reject 'UDUMEZE OF OHAFIA' Title, Insist It's Unrecognized, Misleading [Document Attached]](https://abntv.com.ng/wp-content/uploads/2025/07/FB_IMG_1752179354516-100x75.jpg "Ohafia Monarchs Appeal For Calm, Reaffirm Neutrality In Ohafia Improvement Union Election Process")
