Sentences with phrase «nigerian economy»

Economies with Currency Black Markets There is a currency crisis in the Nigerian economy, and using Bitcoin remittances offers real, measurable financial benefits to its population of 173 million.

With low oil prices impacting oil producers globally, the Nigerian economy is not short of disputes.

I think the Central Bank circular was based more on fear of the unknown than an attempt to really understand what the technology means for the burgeoning Nigerian economy.

These are bound to boost the Nigerian economy when on stream.

The recent shock to the Nigerian economy highlighted the fact that the Federal Government does not have the necessary balance sheet to provide the much needed infrastructural development required for the country.

«The signing of these landmark agreements demonstrates the shared vision of a partnership that will further stimulate the vibrant, fast - growing Nigerian economy and substantially impact the state and country's GDPs, resulting in increased employment and skills training.

Likening the artistic explosion taking place in the city to the Harlem Renaissance and the Detroit techno movement, he believes that the slowdown in the Nigerian economy will create an availability of free and affordable spaces for creative expression to thrive.

This is particularly the case with the Nigerian economy, which has suffered greatly from a slump in oil prices.

As of 2009, Nigeria is the third largest producer of movies in the world, producing over 2,400 films a year (all shot on video on shoe - string budgets and released straight to video) and generating $ 286 million a year for the Nigerian economy.

He said that members of his team were determined to bring their skills to bear on the Nigerian economy and use the experienced garnered in the war against terrorism to also turn around the negative narration about the economy and political stability generally.

The signing of the budget today will trigger concerted efforts to reflate the Nigerian economy, a key element of which is an immediate injection ofN350bn into the economy by way of capital projects.

As I have said earlier, Jonathan parades group of selfish individuals but they never worsened Nigerian economy but grown it up to $ 500bn and 21st economy as 2015 international rating alongside 5th world purchasing power.

He said the President Muhammadu Buhari administration had earlier in the year unveiled the country's economic recovery and growth plan which clearly spelt out the adoption of industrial parks and special economic zones as policy tools to generate growth and diversify the Nigerian economy as adopted by developed countries.

The National Bureau of Statistics on Tuesday reported that Nigerian economy was now out of recession with a growth rate of 0.55 per cent recorded in the second quarter of 2017.

In his remarks, Dr Ayoola Oduntan, the president, Poultry Association of Nigeria, noted that poultry presently contributed 25 per cent of the Agricultural Gross Domestic Product of the Nigerian economy amounting to N1.6 trillion.

Buhari said the damage done to the Nigerian economy in the years of plunder was massive, adding that the government was doing its best to recover some of the loot.

The president said: «This retreat is coming at a critical time in the nation's economic history when the Nigerian economy is in a recession, with significant downturn in performance in various sectors.

We have a government that took over at a very difficult circumstances but today, we can proudly say that the basic foundation of a new Nigerian economy is finally in place.

The conference, scheduled to commence on Tuesday (today), has as its theme «The developmental state and diversification of the Nigerian economy».

There is so much we can do with the Nigerian economy,» he said.

Buhari said the damage done to the Nigerian economy in the years of plunder was massive, and that government was doing its best to recover some of the loot.

Okonjo - Iweala disclosed this in a presentation titled: «Preventing Leakages in the Nigerian Economy» at the Catholic Caritas Foundation Forum in Abuja.

All these he listed as evidence that confidence in the Nigerian economy is coming back.

The lawmaker, who criticised President Muhammadu Buhari for not having an independent economic team to drive Nigerian economy out of recession, pointed out that many lives would have been lost before the current reforms are completed.

We welcome increased US investment in the Nigerian economy, especially in the non-oil sector.

«The culture of official corruption and state resource mismanagement were both honored, celebrated, protected and defended under the leadership of Ngozi Iweala as the supervising coordinator of the Nigerian economy.

The Senate President, Bukola Saraki, yesterday asserted that the 8th Senate is very much concerned about the present state of the Nigerian economy, stressing that «Today,...

She said the Nigerian economy, including the banking sector, was facing various kinds of risks as a result of the challenges of high inflation, naira depreciation, oil price crash and decline in manufacturing output.

«It is important also to note that government is still the most active driver of the Nigerian economy.

We also have an ambitious programme for growing our digital platforms in order to modernise the Nigerian economy, support innovation and improve productivity and competitiveness.

«Eko Atlantic is a good example of what Public and Private Partnership can do to the Nigerian economy.»

In acknowledging the efforts of President Buhari and the significance of the Nigerian economy on the continent of Africa, President Trump promised to grow trade and commercial ties between the two countries to create wealth and jobs for the benefit of their citizens.

«Indorama - Nigeria is 100 percent committed to the growth and development of the Nigerian economy; and has in the past ten years demonstrated such total commitment and loyalty by providing more than 85 % domestic needs of polymers which were hitherto imported into the country at huge foreign exchange cost.»

«This mix - up has caused great embarrassment and distress to our company, which over the past ten years has the unblemished reputation of adding great value to the Nigerian economy and society,» it said.

We are talking about a group of people who, this year alone, remitted $ 22 billion to the Nigerian economy.

Lamido said while the clamour for restructuring rages, the most important aspects of addressing the Nigerian economy by creating prosperity will make the debate less emotional and sentimental.

He added, «It is a great disappointment that scarce funds that should be used to develop key sectors of the government such as education, health, security and reviving of Nigerian economy in these trying times were systematically allocated to non-existing projects with the sole aim of converting such into personal use in the nearest future.

«Secondly, they want the CBN to fold its arms and allow currency speculators to drive the naira down to a level at which it will be easy for their paymasters to buy up and take control of the Nigerian economy.

The IMF and World Bank have said the Nigerian economy may grow 0.8 % and 1.0 % respectively in 2017 thus ending the current recession and a review of Q3 2016 GDP data shows that the non-oil economy actually grew marginally by 0.03 % - but for the oil sector plunging further down by 22 %, perhaps recession could have ended in Q3 2016.

The International Monetary Fund has predicted that the Nigerian economy will be out of recession by 2017.

This is unconnected with its impressive growth trajectory and contributions to the development of the Nigerian economy through empowerment initiatives and practical SME schemes.

The Nigerian economy is larger than that of all other ECOWAS countries put together.

The pre-oil Nigerian economy was based on agriculture, natural resources and industry such as textile.

President Goodluck Jonathan is expected to champion the drive for investments in the different sectors of the Nigerian economy during a session tagged «Presidential Dialogue with Global CEOs».

According to Nweke Jr., the President would be actively involved in key strategic sessions of the summit, which brings public and private sector players to dialogue on implementable measures to drive the Nigerian economy towards positive ends.

He said when these figures are considered along with inflation rate of 16.05 per cent and an annual population growth rate of approximately 2.67 per cent, then the recovery of Nigerian economy is weak and feeble.

«We discussed a broad range of issues including Nigeria - German relations, democracy and how the Nigerian economy can benefit from German investors,» he wrote on Twitter.

According to the report, the Nigerian economy grew by 0.55 per cent in Q2 2017, a marginal improvement, compared to -0.91 per cent (revised) in Q1 2017 and -1.49 per cent in Q2 2016.

He added, «We try to interface with South - west professionals and others from other geo - political zones on how we can get the Nigerian economy out of the woods.

He said, «The third quarter output report of the NBS, which speaks of a further contraction in the GDP by as much as 2.24 per cent, should not come as a surprise to any keen follower of developments in the Nigerian economy.