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Certificate of return: We need to retain Edo for PDP, Ighodalo begs Shaibu, others

Certificate of return: We need to retain Edo for PDP, Ighodalo begs Shaibu, others
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Number of poor Nigerians may hit 100m by 2022, says World Bank

Advertisement Gloria Joseph-Raji, World Bank senior economist, was speaking on Tuesday at the launch of a 2021 macroeconomic outlook report by the Nigeria Economic Summit Group (NESG). Quoting the monthly COVID-19 impact survey carried out by the National Bureau of Statistics, Joseph-Raji said most households have remained in an economically precarious situation despite the pick up in economic activities after the lockdown was lifted. A 2020 report released by the NBS showed that Advertisement “The pace of recovery is highly uncertain. We actually consider Nigeria right now to be at a critical junction in the sense that the achievement of its development goal of lifting 100 million people out of poverty by 2030 was already challenging even before COVID-19 struck, and then COVID-19 has made this even more challenging and more urgent,” she said.

Promote non-oil sector to maximise AfCFTA gains, NESG urges government

By Kadiri Abdulrahman Abuja,Feb. 2, 2021 The Nigeria Economic Summit Group (NESG ) has urged the Federal Government to take more interest in promoting the country’s non-oil exports to reap maximum benefits from the African Continental Free Trade Area (AfCFTA) agreement. Chairman of the group, Mr Asue Igohdalo, made the call during a virtual launch of NESG report titled “NESG Macro-Economic outlook 2021,” monitored via zoom. Ighodalo said that Nigeria needed to create innovative economic ideas that could spur growth and prosperity. He said that the country should encourage non-oil exports to improve export earnings and reduce pressure on the external reserves.

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