Peoples Daily Online

Economy

Custom co-opts communities in checking smugglers in Sokoto State

The Sokoto state Area Command of the Nigeria Customs Service said it had adopted a community approach to combat   smugglers in the area.

 

Fiscal Commission Chairman decries economic mismanagement

From Sekyen Dadik, Kaduna

The Chairman, Fiscal Responsibility Commission (FRC), Alhaji Aliyu Yelwa has accused past administrations at all levels of government of mismanaging the economy.

 

FG pledges to warehouse summit recommendations for NEC deliberations

The Federal Government, for the first time in 16 years, has pledged to warehouse and deliberate on the recommendations of the ongoing Nigerian Economic Summit Group (NESG) conference.

 

Vision 20:2020: FG, private sector operators interface on plans

L-R: Senator Zainab Kure, Secretary to the National Planning Commission (NPC), Prof. Sylvester Monye, Minister/Deputy Chairman, NPC, Dr. Shamsudeen Usman, representative of Kano state Governor, Alhaji Ahmed Ibrahim Yakassai and representative of Emir of Kano, Alhaji Aminu Ado Bayero.Vision 20:2020 is the most revered   economic blueprint of the Federal Government.  It was conceived out of government’s desire to actualise a dream of joining the league of the world’s 20 top economies come 2020.  The National Planning Commission (NPC), is at the fore-front of driving the initiative and has engaged private operators explaining the objectives behind the vision. The latest of such series of interface was with Northern business men, Northern private sector operators. The setting was Kano state and date, was October 4 and 5. Our reporter, Musa Adamu, who covered the proceedings recounts what transpired in this report.

 

Nigeria, China trade volume hits N10.4bn

The volume of trade between Nigeria and China in the first quarter this year stood at $7 billion (about N10.43 billion) in favour of China.

 

Nigeria is a safe haven for foreign investments, says NIPC boss

By Abdulrahman Abdulraheem

Nigeria is a safe haven for foreign investments, says NIPC boss The Executive Secretary of Nigerian Investment Promotion Commission (NIPC), Engr. Mustafa Bello, has said that Nigeria had, in the last 12 years, gone through the necessary socio- economic transformation that has made it attractive to foreign investments.

 

Igbo traders raise alarm over extinction of middle and commercial classes

From Joe Ezuma, Port Harcourt

There is a looming extinction of both the middle and commercial classes due to various nefarious activities having the potential of paralysing businesses, Igbo traders in Port Harcourt have said.

 

ICAN to deploy members to monitor 2011 polls

By Abdulwahab Isa

As a way of contributing its quota to initiatives   that wouldattract foreign direct investments aided by stable and enduring political climate, 32,000 strong members of the Institute of Chartered Accountant of Nigeria (ICAN) have pledged to be actively involved in the monitoring of the forth-coming elections.

 

Six rescued banks to announce strategic investors

No fewer than six out of the nine  rescued banks in which the Central bank of Nigeria injected liquidity to save them from imminent collapse are due to announce negotiation with their strategic investors.

 
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