• Government can no longer depend on oil for revenues, says Saraki

    Government can no longer depend on oil for revenues, says Saraki

    According to reports, the President of the Senate, Dr. Abubakar Bukola Saraki has re-echoed his stance on the diversification of the nation’s source of revenue, to continue funding the budget.

    Senator Saraki made this remark on Wednesday while declaring open, the second edition of the National Assembly interactive session with Civil Society Organizations (CSOs) on Nigeria’s budget.

    According to him, Nigerians should “look beyond the expenditure side of the budget and pay particular attention on our revenue generating capacities and alternatives”.

    He, however, […]

  • We’ll ensure Nigeria does not depend on oil again – Buhari

    We’ll ensure Nigeria does not depend on oil again – Buhari

    President Muhammadu Buhari has, at the U.S.-Africa business forum, said that his administration would ensure that “Nigeria does not slip back into a lazy and dangerous dependence on the price of crude oil” again.

    Buhari who expressed optimism that “Nigeria is on the rise” said that his government has set an enviably workable modalities to drive the economy out of recession and reposition the country and Africa as a destination point for every investor. Below is the full speech on Bloomberg, […]