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SPECIAL REPORT: Nigeria s paper mills moribund yet options for reviving them abound

SPECIAL REPORT: Nigeria s paper mills moribund yet options for reviving them abound
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Breaking News | Nigeria: Paper Mills Moribund Yet Options for Reviving Them Abound

Views: Visits 10 The country’s three paper mills have failed to produce as planned for years, but experts say non-wood raw materials abundant in the country can help revive them. On Danladi Abubakar’s corn farm, now harvested, lie massive heaps of stalks about to be burnt. The farmland is located at Moniya, a suburb of Ibadan, Oyo State. This practice of Mr Abubakar’s, like many other farmers’, causes emissions of carbon dioxide, an harmful chemical compound, into the atmosphere, hence contributing to global warming and ultimately, climate change. But if not burnt, the heaps could follow through a supply chain ending in machines of paper-product manufacturers, who, currently, depend on imported wood-based raw materials, which constrain their productivity and profitability.

PwC Harps on Fiscal Reforms for Nigeria s Economic Recovery

By Peter Uzoho As Nigeria battles to exit its second recession in less than a decade, largely caused by the COVID-19 pandemic and attendant drop in crude oil prices, analysts at the PwC have emphasised the need for the federal to expedite implementation of all fiscal reforms for Nigeria’s quick economic recovery. PwC stated this in its analysis of the 2020 third quarter national economic report published by the Nigeria Bureau of Statistics (NBS), entitled: “Nigeria Economic Alert Q3’2020 GDP Report: Deepest Recession in Decades Offers Opportunity for Extraordinary Reforms”. It specifically stated that, “at the core of the best and most effective approach to expediting Nigeria’s economic recovery is the implementation of fiscal reforms, some of which have been captured in the Nigeria Economic Sustainability Plan (NESP).”

Painful struggles of working-class and the poor s housing headache in capital city

news Painful struggles of working-class and the poor’s housing headache in capital city The Punch In this report, John Alechenu takes a look at the growing number of Abuja’s urban poor and the challenge of providing affordable housing When the people shall have nothing more to eat, they’ll eat the rich-Jean-Jacques Rousseau. Abuja, Nigeria’s administrative capital, Abuja, is a city of great contrasts. Architectural masterpieces in the form of residential and official buildings dot the landscape. The breathtaking organised concrete jungle is disproportionally matched by the squalor and deprivation which defines surrounding slums populated by a majority of an ever-growing army of jobless, and largely homeless youths, caught in the web of rural urban migration.

Mobile money providers will end poor practices in financial sector

Mobile money providers will end poor practices in financial sector
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