It has been revealed that Nigerians spend about $14 billion on generator and fuel yearly in order to prevent their businesses from crippling.
The treaty between Russia and Saudi Arabia seems to have been thrown into the dustbin as the countries are strapping in for a prolonged oil-price conflict.
The DG of the Lagos Chamber of Commerce and Industry (LCCI), Muda Yusuf, has stated that equity financing is the way out of Nigeria’s debt.
The organized private sector and other stakeholders have warned FG against endangering the productivity of Nigerians with the new Finance Bill.
The LCCI has projected that consumer demand and private sector investment would continue to remain weak in 2020.
LCCI has called on FG to stop the import duty and taxes imposed on solar equipment such as batteries and inverters in the country. #LCCI #FG
Nigeria’s inflationary trend may move higher in the coming months if the nation continues to close its borders to its West African countries.
A staff of the LCCI that the situation could remain beyond the November 15 timeline possibly extending till the end of the month.
The Lagos International Trade Fair will soon get a permanent site different from its current makeshift location.
Babatunde Ruwase has urged the government to create the right economic policies that will boost investors' confidence in the country.