She said the gesture was to support the development of the Akwete production site, with a view to creating more jobs and boosting the state’s economy.
He described his appointment as a collective responsibility and called on management and staff to work together to achieve the agency’s objectives.
Mr Montgomery said although the reforms might have caused short-term pain for ordinary people, they were fundamental to restoring vitality to the economy. Â
Governor Bala Mohammed said the interventions formed part of a broader strategy to transform agriculture from subsistence to commercial production.
The initiative aims to improve electricity supply, stimulate agricultural activities, create employment opportunities and enhance food security.
Mr Tegbe said reliable electricity remained central to Nigeria’s economic transformation.
Effective October 1, Britons will be excused from paying VAT on electricity, and the cost will be taken from the cancelled £1.8 billion digital ID programme, Downing Street said.
Ms Oduwole said implementation of the Renewed Hope Agenda has attracted more than $24.1 billion in investment and generated more than $6.1 billion in non-oil exports.
Mr Yusuf said the CBN’s decision was in response to prevailing global economic uncertainties.
The latest decision to maintain the current policy stance followed a thorough assessment of the balance of risks.
