Nigeria Need To Enhance Human Development To Boost Economic Development

Economic Development originated in the Post War period of Reconstruction initiated by the US during the 1949 year inaugural speech, President Harry Truman identified the development of Under-Developed areas as a priority for the West. Economic Development is a term that Economists, Politicians and others have used frequently in the 21st century. Economic growth and Human Development is a two-way relationship, moreover the first chain consists of Economic growth benefiting Human Development with GNP, specifically GNP increases human development by expenditure from families, government and organizations. Read Also: https://theemage.com/africa-day-buhari-no-development-without-peace/ More…

Read More

#LandBorders: FGN Reopens Land Borders, Rice Others Remain Banned

Nigeria reopens selected land borders with others to follow by Dec 31 2020. The four immediately affected borders are Seme (South-west), Ilela (North-west), Maitagari (North-west part ) and Mfun (South-south). Nigeria’s finance minister, Zainab Ahmed, disclosed the policy shift to newsmen after this week’s Federal Executive Council (FEC) meeting. Apparently, importation of Rice and other vegetables are still placed on ban while the surge for Economic balance remains a huge recovery shifts for the ruling party, the price of the commodity is been traded averagely from N25,000- N35,000k as the…

Read More

Lagos State Got More Federal Grants In 2020 – NBS

According to the National Bureau of Statistics, about 78% of all banking sector loans by value, given to states, went to Lagos state operating entities: “According to the data, about N15.1 trillion out of N19.4 trillion of the loans went to Lagos State in the third quarter of 2020, a 13.86% rise from the same period in 2019”. During the same period, entities in Yobe, Jigawa, and Ebonyi States received 0.1%, 0.13%, and 0.13% respectively. Rivers state, following Lagos, received 5% of the loan or N977 billion. emagenews #theemage

Read More