Do you know that Femi Otedola was born in Ibadan, Oyo State?.The Billionaire was born on November 4, 1962 into the family of the late Sir Micheal Otedola, Governor of Lagos State from 1992 to 1993.He had his first degree at Obafemi Awolowo University Ile-Ife and he started as a marketing personnel for his family’s printing business before joining the oil and gas company.
oil producing states in nigeria news
As the Nigerian Government grapples with the uncertainty of crude prices and the lack of cash inflow, the governor of Edo State, Godwin Obaseki has opened a can of worms revealing how the FG settles states monthly.In a widely circulated speech made by the governor, as seen on a Channels video, he explained why the FG is currently battling with cash inflow saying it has little to do with the low oil prices across the African oil-producing markets.
Nigeria 🇳🇬 is a country blessed with diverse people and culture.There are 36 states in Nigeria with six geo-political zones.The economy of Nigeria is diversified, though oil holds the major stake in the economic sector.In this very article we shall be examining the top 10 states which has the best economy in Nigeria based on their GDP per capita.
Benue Governor Speaks On 2023 Presidency Governor Samuel Ortom of Benue state, Saturday said the Governors and leaders of the People’s Democratic Party, PDP, have revolved that they would not repeat the mistakes of 2015 that cost the party the leadership in the country.He said the success of the Zonal Congress would move and give inspiration to other five states in the zone, and by the grace of God come 2023 North Central zone will be controlled by the PDP as was the case before.
It is undoubtedly that technology is currently improving the status quo of this country, but we cannot over emphasize the rate at which agriculture has been helping Nigeria to develop over the years.Prior to the discovery of oil in some part of the country, agriculture is the major source of revenue for Nigeria; whereby products like cocoa, palm oil and cotton wood are often exported out of the country.
Aliko Dangote is one man whose name is known by many.He is a wealthy businessman and bears the title as the richest man in Nigeria.He is worth billions of dollars, having multiple businesses to back it up.This wealthy man was born on this day 10 April in Kano state and he has 3 daughters as he has been married twice and also divorced twice.
On Thursday, April 8th, 2021 Edo state Governor His Excellency Godwin Obaseki during Edo state transition committee stakeholders, laid a very big emphasis on the Nigerian economy he said "My brothers and sisters we are in trobule ,we are in deep financial trouble .Nigeria has changed, the economy of Nigeria is not the same again whether we like it or not.
The potential problems of government borrowing include; higher debt interest payments, a need to raise taxes in the future, crowding out of the private sector and – in some cases – inflationary pressures.With the government borrowing more, a higher percentage of the savings available for investment would go towards government securities.
Governor of Edo State, Godwin Obaseki, declared that Nigeria is in huge financial trouble.At the Edo State Transition Committee Stakeholders engagement on Thursday, Obaseki opened up on the drastic declination of Nigeria's economy.Stating that Nigeria has changed.The economy does not remain the same again.
The Edo state governor, Godwin Obaseki has shown great concern over the recent developments in Nigeria's economy.Speaking with the members of Edo state transition committee in a meeting in Benin, he sounded a note if warning to them that very soon there will be no revenue from crude oil for Nigeria to spend, saying that the federal government had to go an extra mile to print N60 billion for the various states to share among themselves in the month of March.