June 15, 2021/CSL Research The Federal Executive Council (FEC) at its recent meeting presided over by President Muhammadu Buhari approved the supplementary budget estimate of N895.8bn for the remaining period of 2021. According to the Minister of Finance, Budget and National Planning, the appropriation bill is specifically provided for the […]
OPINION/EDITORIAL
How to Attract Private Finance to Africa’s Development
June 14, 2021/IMFBlog By Abebe Aemro Selassie, Luc Eyraud, and Catherine Pattillo African economies are at a pivotal juncture. The COVID-19 pandemic has brought economic activity to a standstill. Africa’s hard-won economic gains of the last two decades, critical in improving living standards, could be reversed. High public debt levels […]
Nigeria’s latest gas-related power shortages could have been avoided. Here is why
June 14, 2021/Alesia Communications Opinion Piece by Yusuff Wale, Managing Director, Wärtsilä Marine & Power Services Nigeria Ltd On 28 May 2021, Nigeria’s national power generation dropped to 3,059 MW and for the subsequent seven days remained below 4,000 MW, six percent below average production. Low pressure on the […]
