• US backs Buhari on economic diversification, pledges to increase FDI in Nigeria

    US backs Buhari on economic diversification, pledges to increase FDI in Nigeria

    It was gathered that he United States on Tuesday said that President Muhammadu Buhari Administration’s efforts in diversifying Nigeria’s economy into non-oil export would make the nation’s export more attractive to America and the rest of world.

    Peter Barlerin, Deputy Assistant Secretary, West Africa and Economic and Regional Affairs, disclosed this at a news conference in Abuja.

    He said the US was considering increasing Direct Investment in Nigeria.

    Berlerin said that the commencement of Shale oil and gas production in the US, in […]

  • Diversification: FG begins bio-fuel project next year

    Diversification: FG begins bio-fuel project next year

    It was gathered that the Federal Government will next year begin a programme, which among other objectives, is aimed at developing bio-fuel as an alternative to crude oil.

    The Minister of Environment, Mrs. Amina Mohammed, who disclosed this in an interview in Abuja, said that the Jatropha Value Chain Project, would not only provide an alternative to fossil fuel but also create jobs.

    Mohammed stated this just as the Minister of State for Environment, Mr. Ibrahim Jibril, during a press briefing in […]

  • Governor Ayade lauds Buhari on economic diversification

    Governor Ayade lauds Buhari on economic diversification

    Cross River State Governor, Ben Ayade, has commended President Muhammadu Buhari for diversifying the nation’s economy by making agriculture its main stay.

    Ayade, who spoke during the flag off the Central Bank of Nigeria (CBN) Rice Anchor Borrowers Programme at Odukpani Local Government headquarters, said the introduction of the programme was the beginning of the nation’s march to food sufficiency.

    “We must thank President Buhari for introducing this programme, because if you follow the roadmap, plan and vision for this initiative, you […]