Policy abandonment as Minister mulls new broad dev plan, silent on ERGP
What appears to suggest possible abandonment of the Economic Recovery and Growth Plan (ERGP) introduced by the current administration during its first term (2015-2019) as development plan may have been dumped has emerged. This is deduced from the maiden address…
Develop antifraud template before reactivating Export Expansion Grant—Expert
In view of the latest signal by the Federal Government to reactivate the suspended Export Expansion Grant (EEG) with the sum of N13.28bn so as to stimulate non-oil exports, a development economist, Dr. Ken Igboanugo, has called for a fraud…
(Special Report): Conflicting reports on Nigeria’s economic outlook frustrating investors’
In the last two quarters, there had been rising number of forecasts coming from both recognized and unrecognized bodies on the futuristic performance and economic outlook of the Nigerian economy and no two of the forecasts are the same. The…
2019: Retaining exchange rate at N305 per dollar means pale hope for economy
Since the revelation by the Federal Executive Council (FEC) last week that Nigeria official exchange rate to international currencies especially US dollar is still pegged at N305, financial analysts have seen the position as an agreement by the nation’s economic…
2018 budget’ll hit the National Assembly before October this year—Udoma
Indications have emerged that the annual budgetary timing challenge which frustrated both the 2016 and 2017 budget may not rear its head again. This is coming on the heels of the revelation made by the Acting president, Yemi Osinbajo shortly…
Using taskforce to implement ERGP’ll lead to duplication of duties, confusion, failure—Expert
As soon as the Minister of Budget and National Planning, Senator Udo Udoma, said the newly launched Economic Recovery and Growth Plan (ERGP) would be driven by a task force to be constituted by the Federal Government, an economist, Mr….
