Tag: #EconomicGrowth
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FG HAILS 40% GROWTH IN RAIL AND WATER TRANSPORTATION
Nigeria’s transport overhaul drives economic recovery and infrastructure boom. President Bola Tinubu praised remarkable progress in rail and water transport over the past 28 months, underscoring sustained investments in infrastructure. Rail grew by over 40% and water transport by 27%, with the Kano-Katsina-Maradi and Kaduna-Kano standard gauge rail projects nearing completion. Major highway projects and…
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TINUBU CELEBRATES 12 ECONOMIC MILESTONES IN 2 YEARS
Nigeria’s economy is booming with strong growth, falling inflation, and booming exports. President Bola Tinubu highlighted 12 key economic achievements during Nigeria’s 65th Independence Day broadcast. GDP grew 4.23% in Q2 2025, the fastest in four years, while inflation dropped to 20.12%. The government surpassed its N20 trillion non-oil revenue target by August, and Nigeria…
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NIGERIA @ 65: STAKEHOLDERS SHARE MIXED REFLECTIONS ON NATION’S JOURNEY
Calls for unity, reform, and hope amid economic and social challenges as Nigeria marks 65 years. As Nigeria celebrates its 65th Independence Day, voices from Anambra, Enugu, and Ebonyi reflect a nation at crossroads. Anambra lawyer Stanley Okafor urges a “Revolution of Conduct” against breakdowns in democracy and justice, lamenting distrust in institutions. Professor Chris…
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TINUBU HAILS 12 ECONOMIC MILESTONES IN 2 YEARS, ECONOMY ON FAST-TRACK
Nigeria’s economy surges with record revenue, inflation drop, and expanding infrastructure under Tinubu’s leadership. President Bola Tinubu marked Nigeria’s 65th Independence Day by spotlighting 12 major economic achievements over the past two years. The economy grew 4.23% in Q2 2025, beating IMF forecasts, with inflation down to 20.12%. Non-oil revenue hit over ₦20 trillion by…
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NIGERIA TAX REFORM ACTS SIGNED TO SIMPLIFY TAXES, BOOST ECONOMY
New tax laws exempt low earners, cut corporate rates, and aim to grow business and capital markets. President Bola Tinubu’s June 26 signing of the Nigeria Tax Reform Acts consolidates multiple tax laws into a single, streamlined system to ease compliance and increase fairness. Individuals earning ₦800,000 or less annually are exempt from Personal Income…
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AIR PEACE ATTRIBUTES UK GOVT SUPPORT FOR LONDON HEATHROW AND GATWICK OPERATIONS
After seven years, Air Peace finally secures UK airport access, thanks to strong UK backing. Chairman Dr. Allen Onyema credits UK officials, especially British Deputy High Commissioner Jonny Baxter, for helping Air Peace start scheduled flights to London’s Heathrow and Gatwick. He urges Nigerians and government officials to support local airlines for economic growth and…
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FG SETS JUNE 2026 DEADLINE FOR ABUJA–LOKOJA & ABUJA–KADUNA–KANO ROADS, WARNS CONTRACTORS OF EFCC, ICPC PROBE
Slow contractors face contract termination and anti-corruption investigations over delayed highway projects. Minister of Works David Umahi demands completion of Abuja–Kaduna–Kano and Abuja–Lokoja roads by June 2026, slamming contractors for poor progress despite payments. New payment rules tie funds to milestones, with risks of contract revocation. FG stresses roads’ economic and security importance amid rising…
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SHETTIMA GETS A SOUVENIR, SPARKS SMILES AT NES 66TH ANNUAL CONFERENCE
When economics meets prestige, Vice President Kashim Shettima walks away with more than insight—he takes home a souvenir, courtesy of Prof. Adeola Adenikinju at NES 2025! Vice President Kashim Shettima (right) received a special souvenir from Nigerian Economic Society President, Prof. Adeola Adenikinju, during the 66th Annual NES Conference at Abuja’s NAF Centre on Tuesday.…


