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Oil marketers chief to NASS: Pass PIB for Foreign Direct Investments

Mr. Femi Olawore is the executive secretary of Major Oil Marketers Association of Nigeria (MOMAN). He speaks, in this interview with Sunday Business, on the need for the National Assembly to pass the Petroleum Industry Bill (PIB) that has been in parliament since 2008, in order to enhance inflow of Foreign Direct Investment into the country.

High level mediocrity in the system, responsible for economic crisis – Ajagu

Dr Ausbeth Ajagu, MFR, is a renowned political economist and industrialist, and chairman, corporate affairs and strategic planning committee of Manufacturers Association of Nigeria.
In this interview with Saturday Vanguard Business, Ajagu, who is also the President of the Academy for Entrepreneurial Studies, Nigeria, reveals why the economy is in crisis and suggests the way forward. Excerpts:

Nigeria Customs & Okonjo-Iweala’s 2nd coming

In May 2006, when the renowned World Economist and former Managing Director of the World Bank, Dr. Ngozi Okonjo-Iweala was at the helm of affairs at the Federal Ministry of Finance, she invited some experts at World Customs Organisation (WCO) to audit the performance of the Nigeria Customs Service.

Economic team moves to fix agric sector

THE National Economic Management Team, NEMT, chaired by President Goodluck Jonathan, yesterday, moved to fix the perennial challenges in the agriculture sector with an approval of an Agricultural Transformation Action Plan, ATAP, that has the capacity to generate over 3.5 million jobs, leads to injection of N410 billion (about $2.58 billion) into the economy, and enrich farmers with over N300 billion (about $2 billion) in the next four years.

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