Africa needs to rethink its food import burden and consider ‘local content’ options, such as the inclusion of cassava flour in wheat to reduce the rising import bills, says the International Institute of Tropical Agriculture’s Ambassador, Former President Olusegun Obasanjo.

As part of efforts aimed at boosting power supply, the National Independent Power project (NIPP) has commenced upgrading and repair of Power Holding Company of Nigeria Plc’s (PHCN)Ojo Business District 30 MVA T2 transformers to 60 MVA.

THE Reconstituted Presidential Task Force on the reform of the Nigeria Customs Service has expressed concern over the delay in implementing the recommendations contained in its report to reforms the agency.

Chief Executive Officer (CEO) of the Nigerian Stock Exchange, (NSE) Mr. Oscar Onyema has charged stockbrokers to ensure that they comply with the minimum requirements to operate in the stock market.

A United Kingdom based firm has commended the Federal Government for adopting Public Private Partnership (PPP) model for execution of several projects across the country.

Six years after the pension industry came into existence, activities of pension fund operators in the country are still elusive to a majority of the public because the operators have refused to carry out comprehensive marketing campaigns to reach them.

Nigeria and Kenya have been tipped as Africa investment destination hotspots in the coming years. According to a research finding by the Economist Intelligence survey, global institutional investors plan to boost their asset allocation in African markets over the next five years, and are shifting to long-term investment strategies from more speculative, short-term bets.

THE Nigerian Stock Exchange, NSE, yesterday, lamented the exclusion of the Nigerian capital market in the fiscal policy of the Federal Government in year 2011, saying it will engage the Minister of Finance and the National Assembly to influence policy that would uplift the market and the Gross Domestic Product, GDP, of the country.

A number of analysts have criticised the invitation of the Economic and Financial Crimes Commission, EFCC, by the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, to probe her ministry in the management of the controversial fuel subsidy.

As said by Honourable Farouk Lawan, the Chairman of the Committee set up by the House of Representatives to investigate the reason for the high level of subsidy payments in 2011, a few issues are still hanging.