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How Nigeria s investment cycle might play out in 2021

The prices of major food items, such as bags of beans, pepper, tomatoes, eggs amongst others have witnessed a significant surge in Lagos State markets, while the price of local and foreign rice record a slight decrease. This is according to the latest market survey, carried out by Nairalytics Research – the research arm of Nairametrics.  According to the report, a big bag of brown beans that was initially sold for an average of N33,500, rose by 3.7% to sell for an average of N34,750. Also, the price of a big bag of honey beans increased by 7.02% to sell for an average of N24,750.

Whitmer signs $106M COVID relief plan | News, Sports, Jobs

Associated Press/Report for America LANSING, Mich. (AP) Gov. Gretchen Whitmer signed into law a $106 million plan Tuesday that will provide relief to businesses and fund efforts to fight the economic impact of the coronavirus. Though the plan was a collaborative effort between the governor and the legislature, Whitmer told reporters that the legislature strayed from the original agreement and that the $465 million plan the legislature sent to her desk had been cut. Unemployment benefits will be extended from 20 weeks to 26 weeks through the end of March. But Whitmer used a line-item veto to get rid of a $220 million allocation that would have helped businesses fund unemployment benefits.

Electoral College: One last hurdle

Recently, each state’s members of the 538 who make up the Electoral College officially voted in their individual states their choices for president and vice president. The votes were certified on Monday, Dec.14: Democrat Joe Biden 306, to Republican President Donald Trump’s 232. That caused Republican Senate Majority leader Mitch McConnell to recognize on the Senate floor the next morning that Democratic former Vice-President Joe Biden will indeed become president on Jan. 20. “The electoral college has spoken,” McConnell said, adding, “Today I want to congratulate President-elect Joe Biden.”  That replaces the descriptive refuge of “former Vice-President,” which many Republican office-holders have used, trying to stay on President Trump’s “good side,” wherever that is these days.

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