Tag: #SustainableGrowth
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WORLD BANK TO INVEST $500M IN GOMBE’S IRRIGATION PROJECT TO BOOST FOOD SECURITY AND CLIMATE RESILIENCE
The World Bank plans to invest in Gombe State’s irrigation system as part of the $500 million Sustainable Power and Irrigation for Nigeria (SPIN) project, aiming to strengthen food security, water management, and climate resilience. Chakib Jenane, the Bank’s Regional Director for Sustainable Development in Western and Central Africa, emphasized the commitment following a visit…
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KOGI GOVERNOR UNVEILS ₦820.49 BILLION 2026 BUDGET TO BOOST SUSTAINABLE GROWTH
Governor Ahmed Ododo of Kogi State has presented an ambitious draft budget of ₦820.49 billion for the 2026 fiscal year, marking a 35.7% increase over the revised 2025 budget. The budget, dubbed “Shared Prosperity,” focuses on boosting internal revenue, enhancing debt recovery, fostering a business-friendly environment, deepening public-private partnerships, and ensuring the completion of key…
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ADIPEC 2025 IN ABU DHABI UNITES GLOBAL ENERGY LEADERS FOR INTELLIGENT IMPACT
Energy leaders, policymakers, investors, and innovators have gathered in Abu Dhabi, UAE, for the 41st Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), the world’s largest energy event. Running from November 3 to 6 at the Abu Dhabi National Exhibition Centre, this year’s conference, themed “Energy. Intelligence. Impact,” focuses on decarbonisation, artificial intelligence, and local…
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NEC URGES NNPC TO BOOST SECURITY IN NIGER DELTA AS OIL THEFT FIGHT EXPANDS TO MINERALS
The National Economic Council (NEC) has called on the Nigerian National Petroleum Company Ltd (NNPCL) to strengthen security around all creeks in the Niger Delta to curb oil theft. Governor Hope Uzodinma of Imo, chairing the NEC Ad-hoc Committee on Crude Oil Theft Prevention, shared this after the council meeting chaired by Vice President Kashim…
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NNPC REPORTS SLIGHT DIP IN SEPTEMBER PRODUCTION AMID STRATEGIC MAINTENANCE, POSTS N216 BILLION PROFIT
The Nigerian National Petroleum Company Limited (NNPC Ltd.) recorded 1.61 million barrels per day (mbopd) of crude and condensate production in September 2025, slightly down from 1.65 mbopd in August, according to its monthly report. Natural gas output also moderated, reaching 6,284 million standard cubic feet per day (mmscf/d), compared to 6,949 mmscf/d the previous…
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DENMARK PLEDGES TO BOOST NIGERIA’S MARITIME SECTOR
Denmark strengthens partnership to turn Nigeria into Africa’s maritime hub. At the 10th Lagos International Maritime Week, Denmark’s Consul-General Mrs. Jette Bjerrum affirmed plans to deepen collaboration with Nigeria’s maritime industry. Highlighting Nigeria’s youthful workforce and strategic coastlines, she praised investments like the $1.2 billion by APM Terminals and recent MoU with Nigerian Ports Authority.…
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AFDB CALLS ON AFRICA TO SEIZE TRADE DISRUPTION AS OPPORTUNITY
AfDB urges Africa to boost local industries, job creation, and climate-resilient growth. Dr. Sidi Ould Tah of the African Development Bank urged African nations at the CGECI Academy in Abidjan to turn global trade disruptions into a chance for economic transformation. He stressed stronger regional value chains, local raw material processing, and green industrialisation led…
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NIGERIA POWER SECTOR EXPERTS APPLAUD NEW ELECTRICITY ACT
The Electricity Act promises more power, private investment, and state empowerment. Nigeria’s 65th Independence Day also marks a turning point in the power sector, as stakeholders celebrate the transformative Electricity Act. The Act liberalizes power generation and distribution, empowering states to regulate electricity and encouraging private sector growth, boosting stability and affordability. Industry leaders commend…
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NIGERIA URGES URGENT DEBT RELIEF TO BOOST PEACE AND PROSPERITY
Debt relief is a pathway to growth, not charity, says Nigeria at UNGA. President Bola Tinubu, speaking at the UN General Assembly and represented by Vice-President Kashim Shettima, called for urgent action on debt relief as crucial for peace and prosperity, urging the creation of a global mechanism to manage sovereign debt fairly. He highlighted…
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FG URGES TWO-STATE SOLUTION AS PATH TO PALESTINE PEACE
Nigeria champions dignity and multilateral action for lasting peace in Palestine. At the 80th UN General Assembly, President Bola Tinubu, represented by Vice-President Kashim Shettima, reaffirmed Nigeria’s support for the two-state solution as the most dignified way to achieve lasting peace for Palestine. Tinubu stressed that Palestinians deserve equal freedoms and dignity, calling for civilized…
