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BMO Cheers Nigeria as 3rd FDI Destination in Africa

Posted by admin | Oct 13, 2019 | News |

The recent report by the Ernst &Young naming Nigeria as the third largest recipient of foreign direct investments (FDI) in Africa is a testimony that the administration of President Muhammadu Buhari is focussed and delivering on its electoral promises. According to the Buhari Media Organisation (BMO), the large inflow of foreign direct investments into the country is the direct positive outcome of the federal government’s policy of ease of doing business, favourable investment climate and relative security prevalent in the country. In a statement signed by its Chairman Niyi Akinsiju and Secretary Cassidy Madueke, BMO noted that the deliberate...

Nigeria’s Opposition is Missing, By Garba Shehu

Posted by admin | Oct 13, 2019 | Opinion |

Last week, the Nigeria’s senate majority leader reintroduced anti-sexual harassment legislation to parliament, following a serious exposé by the BBC of a sex for grades scandal at the University of Lagos. The bill had been tabled before – in 2016 – but it was not passed: some members of our party, working with the opposition, then stronger in numbers than today, blocked it. This time around, there has been no such attempt by the opposition Peoples Democratic Party, PDP, to scupper the legislation. We cannot tell whether they remain opposed to it, for they have been too busy...

Jan-Dec Budget Cycle: History will be kind to Buhari-BMO

Posted by admin | Oct 8, 2019 | News, Politics |

The Buhari Media Organisation (BMO) has said that history will be kind to President Muhammadu Buhari for his bold step to re-calibrate Nigeria’s budget cycle by presenting the 2020 appropriation bill before a joint session of the National Assembly in October. This, it said, will go a long way in ensuring that the country finally begins implementing its national budget from the first day of the fiscal year. BMO said in a statement signed by its Chairman Niyi Akinsiju and Secretary Cassidy Madueke that the move is in line with the Buhari administration’s goal of leaving the country better...

Key Takeaways from President Buhari’s Visit To South Africa

Posted by admin | Oct 5, 2019 | Opinion |

By Garba Shehu There were several crucial outcomes from the three-day state visit of President Muhammadu Buhari to Republic of South Africa, October 2nd – 4th, 2019, and here are some highlights from the historic journey. The President, who was accompanied by Governors of Ebonyi State, Dave Umahi, Kano State, Abdullahi Umar Ganduje and Plateau State, Simon Lalong, seven cabinet ministers, head of the National Intelligence Agency and that of the Diaspora Commission was on a dual mission to undertake a State Visit and Co-Chair, with President Cyril Ramaphosa, the inaugural meeting of the elevated Bi-National Commission (BNC)...

TRADER MONI: Too Little To You. The Lifeline Of A Trader

Posted by admin | Sep 16, 2019 | Opinion |

By Akinloye James According to the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) the number of MSMEs in Nigeria is at 37 million, employing 59 million persons contributing over 70% of the active labor force. That means over a quarter of our population are involved in small and medium scale businesses. And they are mostly artisans, petty traders and the likes. Of this large number, 43% fail due to lack of funds for daily sustenance or consistent sales and 38% do not grow beyond their initial start-up level. A major challenge of these businesses is they cannot...