The Senate has passed the 2018 Budget of N9.21 Trillion following the consideration and adoption of the Budget report laid on the floor of the upper legislative chamber on Tuesday. It was passed in plenary, Wednesday The Budget document passed on the floor of the senate is similar to what is being considered by the house of representatives and it shows and increase of N508 billion to take it to N9,120, 334,988,225 from the N8.6 trillion presented by Buhari. With this development, the January to December budget cycle would not be obtainable with the 2018 budget. Buhari had on Nov. 7, 2017 presented a budget of N8.6 trillion,“Budget of Consolidation”, before  a joint session of the National Assembly. The President had pegged …
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By John Okoh Director General, Lagos Chamber Of Commerce and Industry (LCCI), Mr Muda Yusuf; President, Babatunde Ruwase; Deputy President, Mrs Toki Mabogunje and Vice President, Dr.  Michael Olawale-Cole at the LCCI Quarterly Press Conference on the State of the Economy in Lagos On Wednesday. President of the Lagos Chamber of Commerce and Industry, Mr Babatunde Ruwase, Wednesday, drew the attention of the government to social and economic policies that needed to be prioritised and engaged seriously for the economy to work to full capacity for the benefit of the citizenry, the investors and stakeholders alike. In a press briefing on the state of the economy, held at the Commerce House, Lagos, he noted there was improvement in the areas of inflation, foreign reserve and …
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Member, Lagos Chamber of Commerce and Industry Trade Promotions Board, Mrs Bunmi Obadinan; Chairman, LCCI Trade Promotions Board, Mr Gabriel Idahosa; President, LCCI, Mr Babatunde Ruwase, Vice President, LCCI, Dr Michael Olawale-Cole, and Head of Economic & Commercial Bureau, Egyptian Embassy, Lagos, Mohammed Abdullah during the 2018 Lagos International Trade Fair Media Launch organized by LCCI in Lagos. The Lagos Chamber of Commerce and Industry (LCCI), the premier Chamber of Commerce and a leading voice in the organised private sector (OPS) in Nigeria, is set to hold a Stakeholders’ Forum on African Continental Free Trade Agreement (AfCFTA) aimed at providing a platform for private sector stakeholders to deliberate on the trade agreement in line with global best practice. The Stakeholders’ …
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Nnaya Eziyi, Umuahia The Federal Government has awarded contract for the construction of the 10-kilometer Abiriba-Nkporo-Ohafia road in Ohafia Local Government Area. Sponsor of the project, Uko Nkole stated this when he paid a courtesy call to the traditional ruler of Amudu Autonomous Community, Etitiama Nkporo, Eze U.I Eme in his palace in the area. Explaining that N100m had been released for the project which is being handled by Messers Syndicate Gruop, he added that subsequent releases would be made as it progresses. Nkole, who represents Arochukwu/Ohafia Federal Constituency in the House of Representative said when completed, the road would assist in boasting economic activities in the area. According to the lawmaker, the road would pass Abiriba -Amurie-Etitiama-Elughu-Nkporo communities-Nguzu Edda …
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