• Lagos lawmakers okay FG’s request to borrow $29.9bn

    Lagos lawmakers okay FG’s request to borrow $29.9bn

    Some Lagos State lawmakers on Wednesday supported President Muhammadu Buhari’s bid to seek external loan of $29.9bn to provide infrastructure to revamp the economy.

    The lawmakers, in separate interviews, said that the step was necessary to bring the country out of recession.

    They said that infrastructure development will attract local and foreign investment needed for economic growth.

    The Chairman of the House Committee on Physical Planning and Urban Development, Mr. David Setonji, said that loan was good for any business or country as […]

  • Health Minister endorses use of herbal drugs

    Health Minister endorses use of herbal drugs

    Prof. Isaac Adewole, the Minister of Health has frowned on the importation of mosquito nets and directed that they should be produced locally in the country.

    He endorsed the use of herbal drugs and recommended that they should be produced under the supervision of the Nigerian Institute of Pharmaceutical Research and Development and the National Agency for Food and Drugs Administration and Control.

    Speaking at the presentation of “NAFDAC Guidelines 2016” on Tuesday in Abuja, the minister said billions of “hard-earned” money […]