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January 17, 2021

Lagos State Budget 2021: Rekindling Hope, Riding Expectations

At a media briefing held on Thursday, January 14, 2020, the Lagos State Government gave a breakdown of its 2021 budget which it called a 'Budget of Rekindled Hope'. The heart of the budget leveraged its THEMES agenda that encapsulated the broad socioeconomic goals of the administration.

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January 17, 2021

Implications of Social Unrest for the Nigerian Insurance Industry

The Nigerian economy has become increasingly prone to violence and social unrest due to a growing public resentment against the government. Insurgency groups such as Boko Haram, and the killings by the Fulani herdsmen, have also contributed to the vulnerable security condition in Nigeria.

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January 17, 2021

African Countries Not Ready to Implement Free Trade from January

AfCFTA's secretariat says adoption will be slow as many nations lack border facilities. In 2019, 14.4% of official African exports went to other African countries, a small proportion compared with the 52% in intra-Asian trade, according to Afreximbank.

202 VIEWS

January 17, 2021

Impact of the New Petroleum Industry Bill on Nigeria's Oil

Since the introduction of the PIB, there have been various amendments of it and deliberations about it. In 2017, four new pieces of legislation were created, namely: the Petroleum Industry Governance Bill (PIGB), the Petroleum Industry Administration Bill (PIAB), the Petroleum Industry Fiscal Bill (PIFB) and the Petroleum Host Society Bill (PHCB).

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