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Leveraging fertiliser initiative to check inflation, forex savings


NSIA, Uche Orji
Unlike in advanced nations where some level of inflation is tolerable to stimulate economic activities, Nigeria’s inflationary trend is detrimental to its growth due to structural deficiency, logistic problems, and insecurity among others. Many of the factors that have fuelled Nigeria’s rising inflation are not showing any signs of receding in the short term. Combined with a revenue problem, the need for government to boost local food production spurred the implementation of the Presidential Fertiliser Initiative (PFI). FEMI ADEKOYA writes on progress made thus far.
To conserve foreign exchange, the Central Bank of Nigeria (CBN) placed some products on restriction, while urging many businesses to embrace import substitution. ....

Akwa Ibom State , Akwa Ibom , Abuja Federal Capital Territory , Jigawa State , Thomas Etuh , Muhammadu Buhari , Mohammed Abubakar Badaru , Uche Orji , Central Bank , National Planning , University Mohamed Vi Polytechnic , Group Of Morocco , Nigeria National Petroleum Corporation , Nigerian Presidential Fertiliser Initiative , Gas Aggregation Company Nigeria , Ministry Of Finance Budget , Petroleum Resources Timipre Sylva , Nigerian National Petroleum Corporation , Ministry Of Finance Incorporated , Suppliers Association Of Nigeria , Presidential Fertiliser Initiative , Nigerian Sovereign Investment Authority , Ministry Of Agriculture , Rural Development , Venture Company , Nigeria Sovereign Investment Authority ,

Breaking News | Leveraging Fertiliser Initiative To Check Inflation, Forex Savings


NSIA, Uche Orji
Unlike in advanced nations where some level of inflation is tolerable to stimulate economic activities, Nigeria’s inflationary trend is detrimental to its growth due to structural deficiency, logistic problems, and insecurity among others. Many of the factors that have fuelled Nigeria’s rising inflation are not showing any signs of receding in the short term. Combined with a revenue problem, the need for government to boost local food production spurred the implementation of the Presidential Fertiliser Initiative (PFI). FEMI ADEKOYA writes on progress made thus far. To conserve foreign exchange, the Central Bank of Nigeria (CBN) placed some products on restriction, while urging many businesses to embrace import substitution. ....

Akwa Ibom State , Akwa Ibom , Abuja Federal Capital Territory , Jigawa State , Thomas Etuh , Muhammadu Buhari , Mohammed Abubakar Badaru , Uche Orji , Central Bank , National Planning , University Mohamed Vi Polytechnic , Group Of Morocco , Nigeria National Petroleum Corporation , Nigerian Presidential Fertiliser Initiative , Gas Aggregation Company Nigeria , Ministry Of Finance Budget , Petroleum Resources Timipre Sylva , Nigerian National Petroleum Corporation , Ministry Of Finance Incorporated , Suppliers Association Of Nigeria , Presidential Fertiliser Initiative , Nigerian Sovereign Investment Authority , Ministry Of Agriculture , Rural Development , Venture Company , Nigeria Sovereign Investment Authority ,

Комитет по возвращению активов экс-президента Судана критикуют за политическую чистку