The CNPP spoke in reaction to the New Year Day broadcast of President Tinubu in a statement it issued on Tuesday.
Browsing: FDI
That principle, which has been in existence for decades, is not about to change.
Some indigenes of Plateau State living in the United States of America (USA), under the auspices of Plateau State Association USA, Inc. (PSA-USA), have pledged their commitment to attract substantial Foreign Direct Investments (FDI) to their state.
Economic reconstruction of Nigeria holds gas as the enabling elixir in attracting FDIs for youth empowerment, says Tinubu
Etomi who spoke on Wednesday at the 2nd Nigeria 2.0 Summit, a collaborative initiative by Olaniwun Ajayi, a law firm and BusinessDay, said Africa’s transition to cleaner fuels should be driven by its resources, through the application of technology, fresh investments, and partnership among Africans.
The Airtel Chairman stated this after a meeting with President Tinubu on Monday at the Presidential Villa, Abuja.
Perhaps, there is no indicator that lays this bare as effectively as the GDP per capita of the country. According to the latest figures released by the International Monetary Fund (IMF), Nigeria’s nominal GDP per capita – which measures the economic output of each individual in the country – hovers around $2,273.
In a keynote remark at the Nigeria International Partnership Forum, with focus on “Beyond the Pandemic”, President Buhari said the Nigerian economy was being re-engineered and re-positioned to be globally more competitive, favouring business and entrepreneurship to drive growth and development.
This was disclosed at its council meeting on practical steps that can be taken by the government to boost revenue and foreign exchange inflows.
This was disclosed in a statement by the BPE Head of Public Communications, Amina Tukur, stating that Okoh gave the hint recently at the sidelines of a meeting with the Kano State Governor, Dr. Abdullahi Umar Ganduje on the concession of the Kano Free Trade Zone (KFTZ) to be executed by the BPE.
It said to come up with such an idea at a time the nation is still grappling with the effect of the coronavirus pandemic and millions of people have been rendered jobless for months is wicked and ungodly.
He also urged them to change negative narratives of missions and the ministry in their countries of deployment.
The Chinese Embassy in Nigeria said that Foreign Direct Investment in China dropped by 8.6 per cent between January and February following the outbreak of the coronavirus, code-named COVID-19.
The South African Reserve Bank said in its quarterly bulletin that the country had FDI inflows of 26.3 billion rand, about $1.76 billion, in the second quarter from inflows of 11.7 billion rand in the first three months of the year.
A former President of the Association of National Accountants of Nigeria, Dr Samuel Nzekwe, has told the Federal Government to intensify efforts in providing critical infrastructure to sustain the flow of Foreign Direct Investment.
Enthusiastic as Emefiele sounded, he was also mindful of the fact that some key sectors of the economy had continued to experience what he described as “Significant challenges, baring the tepid recovery of the domestic economy from recession,” but warned that effort should be stepped up to strengthen aggregate output and demand.
The report noted that most of the FDIs into Africa mainly driven by the extractive industry, but said there was an increase in investments in consumer-oriented manufacturing and services