The National Economic Council (NEC), comprising the 36 Govs, FCT Minister & CBN Gov, have commended President Buhari and VP Osinbajo, for driving Ease of Doing Business reforms, which has seen Nigeria move up fifteen (15) places in the World Bank Doing Business Ranking for 2020.
The NEC, chaired by the Vice President, praised President @MBuhari for setting up the Presidential Enabling Business Environment Council (PEBEC), and commended the Vice President for vigorously driving the Ease of Doing Business reforms, ...
... noting that Nigeria being named among the Top-10 improved economies for the second time in three years is commendable. #NECBrief
Last week, the World Bank’s 2020 Doing Business Index (DBI) ranked Nigeria 131 out of 190 countries, up 15 places from 146th position last year.
The report also named Nigeria one of the top 10 most improved economies in the world. Nigeria is one of only two African countries to make this highly prestigious list. #NECBrief
With this year’s leap, Nigeria has improved an aggregate of 39 places in the World Bank Doing Business index since 2016. The Index is an annual ranking that objectively assesses prevailing business climate conditions across 190 countries based on 10 ease of doing biz indicators.
NEC also received the regular financial updates by the Minister of Finance, Budget and National Planning, Zainab Ahmed, including the Excess Crude Account (ECA), reporting that its current balance stood at $324,035,696.29; ...
... the Stabilization Fund Account balance which stood at N28,560,710.55; and the Natural Resources Development Fund Account, which has a balance of N70,691,826,511.84. #NECBrief
Other highlights of NEC’s 98th meeting were the presentation to the Council on Budget estimate for the Federation Account Allocation Committee (FAAC) meeting and other related activities for the year 2019 by the Minister of Finance, Budget & National Planning @FinMinNigeria; ...
... and a presentation was also made to Council on Clean Nigeria: ‘Use of Toilet’ campaign, by the Minister of Water Resources. #NECBrief
The Minister of Health @Fmohnigeria also presented updates on Disease Control; Polio, Routine Immunization and Primary Health Initiative in Nigeria, while emphasizing on the need for states to be strengthened in the area of health security in the country. #NECBrief
NEC also received briefing on NNPC’s efforts in addressing PMS (petrol) diversion, round tripping and smuggling. //
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Vice President @ProfOsinbajo has accepted the offer of The Commonwealth to lead the Commonwealth Observer Group (COG) constituted by its Secretary-General, the Rt. Hon @PScotlandCSG to observe the general elections in Sierra Leone.
The Secretary-General constituted the observer group, a team of distinguished experts upon the invitation from the Electoral Commission for Sierra Leone for next month's polls in the West African nation.
Following through on his administration’s determination to upgrade and expand the nation’s stock of infrastructure, President @MBuhari will (tomorrow) Tuesday, commission seven legacy projects completed by the Federal Ministry of Works and Housing @FMWHNIG across the country.
Comprising three major Bridges, three Federal Secretariats and a Road, the historic event will be headlined by the Second Niger Bridge which was conceptualized in 2005.
In 2014, there was an attempt to begin the project through Public Private Partnership (PPP) but this was not… twitter.com/i/web/status/1…
ADDRESS BY PRESIDENT @MBuhari AT THE OFFICIAL COMMISSIONING OF THE KASHIMBILLA MULTIPURPOSE DAM, 40MW HYDROPOWER STATION AND ASSOCIATED TRANSMISSION LINE AND DISTRIBUTION SUBSTATIONS (PHASE I), THURSDAY, 18TH MAY, 2023
I am delighted to be commissioning, today, the Kashimbila Multipurpose Dam, 40MW Hydropower Station and Associated 132KV Switchyard, Transmission Line and Distribution Substation (Phase I) Project.
The Kashimbila Multipurpose Dam in Taraba State, with storage capacity of 500million cubic metres, was conceived principally to checkmate the threat of the imminent collapse of the structurally weak and poisonous Lake Nyos…
The Kashimbila Dam was built by the Federal Ministry of Water Resources @FMWRNigeria, and the accompanying Power Plant and Transmission Line by the Federal Ministry of Power. The contract for the project was originally awarded in 2007, with a completion period of 36 months.
Chairman, Takum Traditional Council, Ruler, HRH Ephraim Bala Ashumanu: “We thank @NigeriaGov for this Buffer Dam, which has given birth to electricity & water supply. We thank the FGN for all they have done. We want the Project to give employment to the youth of the communities.”
As a demonstration of his commitment to advancing healthcare management in the country, President @MBuhari will on Friday, May 19, inaugurate the state-of-the-art Presidential/VIP Wing of State House Medical Centre, Abuja.
This legacy project, situated within the premises of the Presidential Villa, had its ground-breaking ceremony conducted by the Chief of Staff to the President, Prof Ibrahim Gambari, on November 1, 2021.
Vice President @ProfOsinbajo today launched a $600 million programme for young Nigerians in the technology and creative sectors with a call on African governments and the private sector to do more to support the growth of innovation in the continent. #iDICENigeria#AsoVillaToday
The Vice President spoke at the presidential launch of the Investment in Digital and Creative Enterprises (i-DICE) Programme, held at the State House Banquet Hall, Abuja.