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Govs pledge effective use of World Bank NG-CARES funds

The Nigeria Governors’ Forum has pledged to ensure the proper and effective use of funds under the Nigeria Community Action for Resilience and Economic Stimulus Programme, following the World Bank’s confirmation of the programme’s effectiveness in delivering support to vulnerable households, farmers, and micro and small enterprises. The confirmation of the World Bank’s additional financing […]

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Economy featured

Govs target $100bn GDP from creative sector by 2030

The Nigeria Governors’ Forum has pledged to support the Federal Government’s initiative aimed at enhancing the growth and development of Nigeria’s creative economy and tourism sectors. The News Agency of Nigeria reported that the federal government outlined key strategic interventions to grow the arts, culture, tourism and creative economy contributions to the Gross Domestic Product […]

Oil and Gas

NGF says subsidy’ll affect payment of salaries

The Nigeria Governors’ Forum has said that rising subsidies on petroleum products now place a huge financial burden on the states and will affect the payment of salaries. According to The Punch, the NGF, which is the umbrella body for the 36 governors of the federation across party lines, made this known in a memo […]

News

Rising insecurity, naira fall worsening business environment – NGF

The Director-General, Nigeria Governors’ Forum, Mr Asishana Okauru, says worsening insecurity and currency depreciation have been adversely affecting the business environment and taxable income in Nigeria. The NGF DG, who was represented by the Senior Programme Manager, NGF/SFTAS, Mr Lanre Ajogbasile, said this during a presentation at a workshop in Abuja organised by the States’ […]