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1. Nigerians are suffering economic hardship,” Saraki tells Buhari
Senate President, Bukola Saraki on Wednesday told President Buhari that the harsh economic conditions are biting quite hard on the citizens, as he reassured, again, that the National Assembly would work assiduously to ensure speedy passage of the proposed N7.298trillion 2017 budget. Read more here https://goo.gl/aVDQir
2. 2017 budget: FG targets N5.067trn from non-oil sector
Federal Government is expected to raise N5,066,761,33,984 from non-oil revenue in 2017, against the N5,720,342,282,942 for the year ending 2016. The sum of N2,243,094,105,085 is to be expended on capital projects against N1,830,747,122,031 approved for year 2016. Read more here https://goo.gl/YoG23h
3. NASS lists 11 bills for passage to revamp economy – Saraki
The Senate President, Bukola Saraki, says that the National Assembly has listed 11 economic reform bills to be passed alongside the 2017 Budget to revamp the economy. Saraki, who is also the Chairman of the National Assembly (NASS), made this known before the Presentation of the 2017 Budget by President Muhammadu Buhari before the Joint Session of the National Assembly on Wednesday.
He said the core elements of the bills would aid the executive in mobilising required private capital for the development of the economy. Read more here https://goo.gl/aqAKLe
4. Less oil and more farms is what Africa needs, UN agency says
African countries need to increase their focus on agriculture investment and lessen emphasis on oil and mining to improve food security for their citizens, a United Nations agency said.
Most African governments have focused on growth in extractive industries such as oil and mining, resulting in some neglect of agriculture, said Kanayo Nwanze, the president of the United Nations’ International Fund for Agricultural Development, based in Rome. Read more here https://goo.gl/l51Cft
5. The growth levers for Nigeria’s Fintech ecosystem
A summary of KPMG’s FinTech report. The digital revolution in Africa offers tremendous opportunities for the rest of the developed world looking to expand their tech frontiers and create value in the global financial services industry. In that regard, the millions of Africans and by extension Nigerians who are yet to access financial services. Read more here https://goo.gl/X690Ig
6. Saving lives and safeguarding the future, one enterprise at a time
Social entrepreneurs do not start up businesses with the end goal of smiling to the banks. At the core of their models is the drive to impact a group, gender or category of society with their products and services. Our Leading Women this week are changing the lives of Nigerian women and youths with their products and services and have gained worldwide recognition for their good causes. Read more here https://goo.gl/MyYXn6
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