I am Abdoulaye Sawadogo, the Managing Director of Neema Agricole, a seed company in Burkina Faso. The company was established in 2008 after I lost my job with a tyre producing company and then decided to go into farming primarily to feed my family.

Oil prices rose again Thursday on data suggesting the US crude glut is easing as the dollar weakened against the euro.

The tenure of Dr. Ngozi Okonjo-Iweala may have brought a rigorous, intellectual and analytical approach to government economic policy, and an end to decades of voodoo economics. It also resulted in the death of Keynesian economics and heralded the dawn of a new era of neo-classicism. Neo-classicism is the economic doctrine favored by international agencies like the World Bank and the International Monetary Fund (IMF).

Going by the verdict of the Renaissance Capital, RENCAP, and using an adjusted base year to calculate Nigeria’s current year’s GDP, Nigeria’s adjusted net GDP would stand at 405 billion dollars that of South Africa would trail behind at 370 billion US dollars. Other encouraging highlights of the RENCAP African report with respect to Nigeria’s macro economy include the following; a positive debt budget and current account ratios, as well as a general improvement in Nigeria’s overall financial markets’ aggregates.

Chairman, Dangote Group, Alhaji Aliko Dangote has announced plans to invest about N500 billion, an equivalent of $2.5 billion in the construction of two sub-sea 550-kilometer gas pipelines in Nigeria. The project, according to a report yesterday by Bloomberg, will boost Nigeria’s gas output by three trillion cubic feet to four trillion cubic feet per day.