AfDB Set to Drive Nigeria’s Agricultural Development with $2.2 Billion Funding

AfDB Discuss Banks zplan for 2025 The Programme is expected to target 7 states The African Development Bank (AfDB) has announced a $2.2 billion funding package to develop Special Agro-Industrial Processing Zones (SAPZ) across Nigeria, aimed at transforming the nation’s agriculture sector and addressing food insecurity. Eko Hot Blog reports that Abdul Kamara, the Director … Read more

BREAKING: Tinubu Presides Over FEC Meeting Ahead of 2025 Budget Presentation

Tinubu FEC Meeting

President Bola Ahmed Tinubu is currently presiding over a Federal Executive Council (FEC) meeting at the Council Chamber of the Presidential Villa in Abuja. EKO HOT BLOG reports that reliable sources indicate that today’s meeting may be the final session for the year, with discussions expected to include preparations for the presentation of the 2025 … Read more

Shettima Heads To Dubai For Oil Facility Commissioning

Shettima Dubai

Vice President Kashim Shettima will depart Abuja on Friday for Dubai, United Arab Emirates, where he will represent President Bola Tinubu at the commissioning and naming ceremony of a $315 million oil production and storage facility. The facility, acquired by Oriental Energy Limited, a fully Nigerian-owned oil and gas company, is set to be commissioned … Read more

Buhari’s Ex-Aide Reacts As Otti Secures $125 Million Loan From Islamic Bank

Otti Secures $125 Million Loan

Ex-presidential aide lauds as Otti Secures $125 Million Loan for Abia State projects. Interest-free Islamic finance promotes ethical investment, ensuring sustainable funding for Abia’s development. Utilizing Islamic finance reduces financial strain, enabling essential projects in Abia State. EKO HOT BLOG reports that Bashir Ahmad, former aide to ex-President Muhammadu Buhari, has commended Governor Alex Otti of Abia … Read more

Tinubu Pledges Economic Opportunities In Livestock Sector

Livestock Sector

EKO HOT BLOG reports that President Bola Ahmed Tinubu has promised the reinvigoration of the livestock value chain in Nigeria to transform the challenges to economic opportunities. The president who performed the official flag-off of the agric mechanisation revolution for food security in Minna, Niger Stare, yesterday called for the cooperation of state governors. EDITOR’S PICKS … Read more

JUST IN: Buhari Writes Reps, Requests Fresh $5.513bn Loan

President Muhammadu Buhari writes Reps, requests fresh $5.513bn loan. The Federal Government is to borrow a sum of $5.513 billion from external sources to finance the revised 2020 appropriation and support state government meet their challenges occasioned by COVID-19. In a letter to the House of Representatives, President Muhammadu Buhari sought the approval of the … Read more