Painful struggles of working-class and the poor’s housing headache in capital city
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.
OPS demand tax holiday from all tiers of govt - Latest Nigeria News, Nigerian Newspapers, Politics
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Inflation: Expert urges FG to increase agric schemes to boost food output
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By Babajide Komolafe
Foreign Investment into Nigeria (capital importation) rose by 12.86 percent, quarter-on-quarter (q/q) to $1.46 billion in the third quarter of the year (Q3’2020) from $1.29 billion in Q2’2020.
Nigeria Bureau of Statistics (NBS) disclosed this in its Foreign Capital Importation report for Q3’2020.
The Bureau however stated that the $1.46 billion foreign investment inflow recorded in Q3’2020 represents a 74 percent decline when compared with the $5.62 billion recorded in the corresponding period of 2019 (Q3’2019).
The NBS stated: ” The total value of capital importation into Nigeria stood at $1.46 billion in the third quarter of 2020.
This represents an increase of 12.86 percent compared to Q2 2020 and a 74.03 percent decrease compared to the third quarter of 2019.
Agricultural processors bemoan COVID-19 losses - The Nation Newspaper
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