Tag: Enugu

Enugu to buy for aircrafts for Enugu Air in 2025
News

Enugu to buy for aircrafts for Enugu Air in 2025

The Enugu State government has unveiled plans to acquire four new aircraft for its proposed state-owned airline, Enugu Air, in 2025. This project is part of a broader strategy to strengthen the state’s transportation sector, with a total of N41.1 billion allocated for transportation projects in the state’s 2025 proposed budget. The announcement was made […]

Enugu govt shuts down ShopRite, SPAR, others overtax evasion
News

Enugu govt shuts down ShopRite, SPAR, others overtax evasion

Enugu State Internal Revenue Service has taken a stern measure against major supermarkets in the state, including ShopRite and SPAR, by sealing their outlets over allegations of failure to remit purchase tax to the government despite several warning notices. ESIRS officials, during an enforcement drive on Tuesday morning, also targeted other malls, including Roban and […]

Price of satchet water may rise to N100 - Producers
News

Enugu table, sachet water producers shut down over harsh economy

By Onwubuke Melvin   Enugu table, sachet water producers shut down over harsh economy The Association of Table Water Producers in Enugu State stated that it has commenced a temporary shutdown of its water production factories as a result of the high cost of production. After an emergency meeting on February 8, 2024, ATWAP suspended […]

FG, AfDB discuss Coastal, trans-sahara highway projects funding
Investment

AfDB to partner Enugu govt on investment drive

The African Development Bank has reiterated its willingness to collaborate with the Enugu State Government to increase investment and infrastructure development. The PUNCH reported that during a meeting with Governor Peter Mbah at Government House, the Director-General of AfDB’s Nigeria Country Department, Lamin Barrow, stated that Nigeria was crucial to AfDB’s programs. According to him, the first […]

IGR to provide N300bn of Enugu's N521bn 2024 budget - Mbah
Business

IGR to provide N300bn of Enugu’s N521bn 2024 budget – Mbah

The Enugu State Governor, Peter Mbah, has stated that the state is going to generate N300 billion of its N521.5 billion budget for 2024 through internally generated revenue. Gov. Mbah made this announcement while signing the N521.5 billion Enugu State 2024 budget into law on Wednesday at the Enugu State House of Assembly. This is stated in […]

Enugu govt shuts down ShopRite, SPAR, others overtax evasion
Business

Enugu govt vows to boost local economy through arts

The Chairman of the Enugu State Tourism Board, Dame Rita Mbah, said the government will provide full assistance to arts curators and gallerists in order to improve the local economy. According to Vanguard, Dame Mbah provided the guarantees at the weekend launch of the Kachi James Gallery in Enugu. “Art galleries are a great idea since they […]

The Vice-Chancellor of Maduka University, Enugu State, Professor Charles Ogbulogo, has said Nigeria’s blue economy holds great potential for the country and can contribute $1.5tn to the global economy if properly harnessed.
Business

Enugu, Indonesia Trade Organisation partner over $30bn GDP growth

The Enugu state administration has stated that it expects its collaboration with the Nigeria Indonesia Trade and Investment to result in a $30 billion economic boom over the course of eight years. According to the statement, the vision is supported by a dedication to sustainable development, competitive sector growth, and inclusive economic growth. The state […]

The Vice-Chancellor of Maduka University, Enugu State, Professor Charles Ogbulogo, has said Nigeria’s blue economy holds great potential for the country and can contribute $1.5tn to the global economy if properly harnessed.
Business

Enugu to promote trade with investment roundtable

The first Enugu State Investment and Economic Growth Stakeholders Roundtable is slated for September 1 and is part of the Enugu State Government’s strategy to promote business, industry, and trade in the state. According to The Punch, the state’s governor, Peter Mbah, will present a $2.1 billion project pipeline to domestic and foreign investors. Mbah informed […]

Kobo360 CEO appointed commissioner in Enugu
News Tech

Kobo360 CEO appointed commissioner in Enugu

The Enugu State Governor, Peter Mba on Thursday appointed 20 commissioners to help him implement his agenda for the state. The CEO of the logistics start-up Kobo360 in Nigeria, Obi Ozor, is one of the recently appointed commissioners. In Mba’s government, Ozor will hold the position of commissioner of transportation. “It’s our hope that you […]

World Bank approves $300m support package for Ghana's economic recovery
Agribusiness

FG, World Bank inspect Enugu’s N350 million agro-processing projects

The World Bank and as well as a delegation from the Federal Ministry of Agriculture and Finance on Saturday toured several multimillion Naira agricultural produce processing facilities that have been established in Enugu State. The initiatives under the Agro-Processing, Productivity Enhancement and Livelihoods Improvement Support initiatives are located in 15 centres across the state’s three senatorial […]

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