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    Kapital FM 92.9 The Station that Rocks!

Economy

262 Results / Page 28 of 30

Economy

FG To Revive Economy Through Mineral Sector

  By Georgina Humphrey Minister of Solid Minerals Development, Dr Oladele Alake has reiterated Federal Government's committed to reviving the nation's economy through its vast mineral resources. Dr. Alake made this known at the second International Conference of the Nigerian Society of Economy Geologist, NSEG, in Abuja. Dr. Alake who was represented by the Director of Artistinal and Small-scale Miners in the ministry, Yunusa Muhammad stressed that the present administration […]

todayOctober 23, 2023

Economy

I Will Ensure Solid Mineral Sector Contributes To Economy – Alake

  By Georgina Humphrey Minister of Solid Minerals, Dr Oladele Alake says his priority is to ensure that Solid Minerals Sector becomes a critical, significant contributor to the development of Nigeria's economy. The Minister made this known when the Ikoro Ekiti Progressive Association Abuja chapter hosted hin . Alake said his appointment by president Bola Tinubu is basically on trust and pledged to do his best in reviving the solid […]

todayOctober 20, 2023

Economy

Mineralization Map Will Attracrt Investors – NGSA

  By Georgina Humphrey   The Director-General of the Nigerian Geological Survey Agency, Dr. Abdulrazaq Garba, says the mineralization map designed by the agency contains the needed information for all stakeholders in the mining sector. Dr Abdulrazaq made this disclosure at a technical session in the just concluded mining week, held in Abuja. He stressed that the map would attract more investors for the development of the country's economy through […]

todayOctober 20, 2023

Economy

RMAFC Records Over N500b Unremmitted Revenue From MDAs

  By Oduyemi Odumade   The Chairman, Revenue Mobilization Allocation and Fiscal Commission, RMAFC Mohammed Bello has revealed how his agency successfully recorded unremitted revenue exceeding N500 billion from various government agencies. Mr Bello shared the information during an interactive session with the House of Representatives' Committee on Finance, Chaired by Mr. James Faleke, in Abuja. In his Presentation, the RMAFC Chairman disclosed that the sum of N14 billion was […]

todayOctober 20, 2023

Economy

Olufemi Assumes Duty As MD NEPZA

  By Matthew Ayoola The New Managing Director of the Nigeria Export Processing Zones Authority, NEPZA, Dr Olufemi Ogunyemi has promised to position the Authority towards ensuring economic growth, accelerating employment creation and industrialization of the country. Dr. Ogunyemi made the promise in Abuja while taking over the mantle of leadership of NEPZA from the former Managing Director, Prof. Adesoji Adesugba The New Managing Director of NEPZA who thanked President […]

todayOctober 18, 2023

Economy

Era Of Exporting Raw Materials Over – Tinubu

    By Georgina Humphrey President Bola Tinubu says the era of exporting raw materials in Nigeria is over. President Tinubu stated this at the 8th edition of the Nigerian mining week in Abuja.   Tinubu who was represented by the Secretary General of the Federation, George Akume stressed that Nigeria would maintain policy consistency to ensure value addition on mineral resources to control waste of economic resources.   He said the Mining sector had suffered a lot of neglect […]

todayOctober 17, 2023

Economy

Reps To Probe COVID-19 Funds Disbursement

By Oduyemi Odumade   The House of Representatives has mandated the Public Accounts Committee to investigate the expenditure of funds appropriated or disbursed as COVID-19 intervention to Ministries, Departments and Agencies of the, Federal Government from 2020 to 2022. This was sequel to the adoption of a motion by a member from Adamawa State, Mr Nyampa Zakari, on the need to investigate the alleged mismanagement of the funds, at plenary. […]

todayOctober 17, 2023

Economy

FG Gets Over $1.5bn Fresh W’ Bank, AfDB Loans Dec – Edun

The Federal Government on Monday said it had secured a budget support loan worth $1.5bn from the World Bank and another worth $80m from the African Development Bank to finance various projects in critical sectors of the economy. It said Nigeria qualified for the “relatively cheap” loans given its “macro-economic moves” in the past couple of months since President Bola Tinubu assumed office. The Minister of Finance and Coordinating Minister […]

todayOctober 17, 2023

Economy

Wale Edun Gets World Bank Appointment

Wale Edun Gets World Bank Appointment The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has been appointed as the Chairman of the African Governors’ Forum of the World Bank. This was made known in a post on the official X (formerly Twitter) account of the Federal Ministry of Finance on Saturday. The ministry said that the appointment marks the first time Nigeria has assumed the […]

todayOctober 14, 2023