FG says research revealed that public procurement accounted for an average of 25 to 30 per cent of GDP in developing and emerging market economies.
Some oil and gas industry stakeholders have commended President Bola Tinubu for pegging the crude oil price at $77.96 and the naira-dollar exchange at N750/$1.
Mr Alake said that the administration of President Bola Tinubu had embarked on reforms to boost investment.
Nigeria says it will work with Angola to enhance public media cooperation and boost bilateral relations between the two countries.
The report showed that economic growth in Nigeria is projected at 3.2 per cent in 2023 and decline to 3.0 in 2024.
“So, we must say no to sit-at-home because what it means is that we are destroying our employment, our economy, and our GDP.”
The World Bank has projected President Bola Tinubu’s government to save at least N2 trillion in 2023 and N11 trillion by 2025 from fuel subsidy removal.
The Israeli ambassador to Nigeria said this was possible since his country “is the world leader in digital economy”.
“We have also discovered that bringing an alternative that is cheaper than even firewood which is CNG, will not only create relief for the government and its citizens, but it is environmentally
The president-elect is wise enough not to take the bait.
