Yushau A. Shuaib: [News Update] Govt Borrows N600bn for Salary as Inflation Increases to 12.8%

Latest from the Economic Confidential, the factual, authoritative and accessible economic magazine

FG borrows N600bn annually for salaries – SGF

The federal government is borrowing an average of N600 billion annually to augment payment of workers' salaries, the Secretary to the Government of the Federation David Lawal Babachir has said. Read: http://economicconfidential.com/2016/04/fed-gov-borrows-n600bn-annually-salaries-sgf/

NNPC: Port Harcourt Refinery Back on Stream, Producing Five Million Litres Daily

… To take advantage of European refiners Spring switch to stockpile petrol

The Nigerian National Petroleum Corporation (NNPC)has said one of its refineries, the Port Harcourt Refinery, has again started refining petrol after it was shut down some months back. Read: http://economicconfidential.com/2016/04/nnpc-port-harcourt-refinery-back-stream-producing-five-million-litres-daily/

Incoherent Policies Are Biggest Challenges for African Regional Agriculture, Says Ibrahima Coulibaly

The vice president of the West African Network of Farmers Organisations (ROPPA), Ibrahima Coulibaly has lamented against African governments' alleged incoherent policies and gave many reasons: Read: http://economicconfidential.com/2016/04/incoherent-policies-biggest-challenges-african-regional-agriculture-says-ibrahima-coulibaly/

Fuel crisis: NNPC‎ deploys 240 truckloads of petrol to Abuja

The Fuel supply and distribution situation has drastically improved in Abuja and its environs as the long fuel queues is gradually easing out following the increased truck out from 186 to 240 trucks on Tuesday. Gridlock caused by customers at the NNPC Mega-Station, Kubwa Express. Read: http://economicconfidential.com/2016/04/fuel-crisis-nnpc%E2%80%8E-deploys-240-truckloads-petrol-abuja/

Communicating post-election Change Programme of President Buhari

Electoral campaign rhetoric by an opposition candidate doesn't always belong in the norms of real governance. The rhetoric would have been aggressive, acerbic and anti-establishment. Read: http://economicconfidential.com/2016/04/communicating-post-election-change-programme-president-buhari/

PPP to Rescue African Farmers – Dr. Kormawa

Dr. Patrick Kormawa is the UN Food and Agriculture Organisation (FAO's) Sub-regional Coordinator for Eastern Africa and Representative to the African Union (AU) and UN Economic Commission for Africa (UNECA). He spoke with Economic Confidential at the 29th FAO Regional Conference for Africa in Abidjan, Core de I'Voire. Read: http://economicconfidential.com/2016/04/ec-interview-ppp-rescue-african-farmers-dr-kormawa/

Nigeria must not be consumer market for Chinese products —Buhari

Nigeria must not be seen as a consumer market alone, but an investment destination where goods can also be manufactured and consumed locally, President Muhammadu Buhari, has said. Read: http://economicconfidential.com/2016/04/nigeria-must-not-consumer-market-chinese-products-buhari/

Inflation increases to 12.8 Per Cent

The currency curbs introduced by the Muhammadu Buhari administration, coupled with fuel scarcity, have contributed to the increase in the Consumer Price Index (CPI)... Read: http://economicconfidential.com/2016/04/inflation-increases-12-8-per-cent/

Professionalize farming, Netherlands Tells Nigeria

The Head of the Netherlands Delegation in Lagos, Mr Michel Deelen, expressed optimism that if Nigeria professionalizes her farming systems, more young men and women would be attracted to agriculture. Read: http://economicconfidential.com/2016/04/professionalize-farming-netherlands-tells-nigeria/

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Posted by: Economic Confidential <editor@economicconfidential.com>

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