THERE is a need to raise funds from private initiatives such as ‘I Will Give’ (IWG) for government to finance costs associated with social needs of the people, a panel of experts said at a forum in Lagos.

NIGERIANS may have inadequate power supply for a long time as Sam Amadi, the out-going Chairman, Nigerian Electricity Regulatory Commission, NERC, said that 6,000 megawatts of regular supply of electricity is needed before power outages can be significantly reduced in the country.

Investors and members of the Manufacturers Association of Nigeria (MAN) in the agricultural sector have called on the new honourable Minister of Agriculture, Chief Audu Ogbe, to help in the reversal of the Central Bank of Nigeria (CBN) forex policy that included one of their most important raw materials; Crude Palm Oil (CPO) on the ‘not valid for forex’ list.

The regulators in the Nigerian capital market in the year 2015 focused on reforming the sector to rekindle investor confidence, which was eroded during the financial global meltdown in 2008/2009. The Securities and Exchange Commission, SEC and Nigerian Stock Exchange, NSE have been the major driver of this reform through regulations and enforcement , strengthening market institutions, promoting corporate governance, supporting innovative technology and prioritising cooperation both domestically and internationally

At the backdrop of expected significant drop in revenue accruable to the three tires of government from the monthly Federation Account Allocation Committee, FAAC, state governments may need fresh bailout arrangements as none of them have indicated plans to rejig budgets in line with the merging fiscal realities.