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Mr Osinbajo says plan by the Federal Government to support 1.5 million Nigerians to acquire low-cost houses was on course.

Former Spirit Airlines CEO Ben Baldanza predicts there will be a decline in business travel and airlines will have to rely more on leisure travel for revenue. Former Spirit Airlines CEO Ben Baldanza warned on Wednesday that more federal aid for airlines is “not a long-term solution” for the struggling industry. The coronavirus pandemic has led to a sharp decrease in demand for travel as people were encouraged to stay home in an effort to curb the spread. “I think that the government is doing a good thing with the payroll protection, but it’s not a long-term solution for fixing w...

… VP meets automotive manufacturers on new tariffs By Johnbosco Agbakwuru THERE are indications that the Federal Government is considering to expand the scope and reach of the Micro, Small and Medium Enterprises (MSME) Survival Fund Scheme. Vice President Professor Yemi Osinbajo drop the hint during a virtual meeting with the Steering Committee of the MSMEs Survival Fund before the Christmas holidays. In a statement issued by the Senior Special Assistant to the President on Media and Publicity, Office of the Vice President, Laolu Akande in Abuja yesterday explained that the meeting was atte...

Share With the kind of impact and interest already generated among Nigerians by the ongoing implementation of the Survival Fund under the Economic Sustainability Plan, there is now a need to expand the scope and reach of the benefits to an even larger number of the populace, according to Vice President Yemi Osinbajo, SAN. This hint was dropped at a virtual meeting held just before the Christmas holidays between Prof. Osinbajo and the Steering Committee of the MSMEs Survival Fund. The meeting was attended by Minister of State for Industry, Trade and Investment, Ambassador Mariam Katagum, Chair...

Fox Business Flash top headlines are here. Check out what's clicking on FoxBusiness.com. As part of the new package, the airline industry will receive $15 billion for passenger air carriers and $1 billion for contractors to be exclusively used for employee wages, salaries, and benefits. In order to be eligible, airlines must agree to avoid furloughs or pay and benefit reductions until March 31. Airlines are also required to recall employees involuntarily furloughed between Oct. 1 and the date the airlines agree to the bill's rules. The package currently awaits the signature of approval from ...