Nigeria lays out 2012 budget proposal, targets 8 % growth

Federal government weekend indicated its intent to get its 2012 budget ready on time by agreeing on some early outlines. Giving an insight into the 2012 budget framework, Finance Minister Dr. Ngozi Okonjo said “We are aiming at a realistic GDP growth of 7 to 8 per cent and we are aiming at single-digit inflation.
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Global Economic Challenges and Global Solutions

There couldn’t be a more appropriate venue for my first major speech in Washington as IMF Managing Director. More than anyone else, it was Woodrow Wilson who championed the cause of multilateralism and global fraternity.The seeds he planted bore fruit in the postwar milieu that produced the IMF and its sister organizations. For at the heart of our mandate lies a simple but powerful idea—that cooperation can bestow not only economic stability, but a better future for all.This idea has never been more important.

Ebonyi VVF Centre treats 60 more patients

ABAKALIKI-THE National Vesico Vaginal Fistula Centre in Ebonyi State weekend, treated and discharged 60 patients from South South, South East, North Central and South West geopolitical zones of the country.

PZ Cussons records N5.2BN profit

PZ Cussons Nigeria Plc has recorded N5.2 billion being profit after tax for the year ended 31st May 2011 despite the global economic challenges. Chairman of Board of Directors of the Company, Prof. Emmanuel Edozien who disclosed this at the 63rd Annual General Meeting, AGM, of the company in Calabar, Cross River State, said that the turnover of the company increased by 5 per cent from N62.7 billion last year to N65.9 billion in the year ended 2011.

Probe Fugu’s assassination- CNPP

ENUGU- Conference of Nigerian Political Parties, CNPP, Sunday, condemned the killing of Babakura Alhaji Fugu, brother-in-law of the late leader of Boko Haram, Yusuf Mohammed, two days after his meeting with former President Olusegun Obasanjo in Maiduguri, Borno State.

Unremitted pension: PenCom to engage recovery agents

LAGOS-NATIONAL Pension Commission, PenCom, weekend, said it would engage recovery agents to assist in recovery of un-remitted pension deductions by private sector organistions, including the media.

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