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Unholy alliance between FG and Miyetti Allah could lead to break-up of Nigeria like Sudan & South Sudan — ECWA Church warns

Foreign Direct Investment drops 29.7% to $362.8 m in H1’20

By Peter Egwuatu   The contribution of foreign direct investments, FDI, to the nation’s economic growth recorded a major setback in the six months period ended June 2020 (H1’20) as inflows dropped by 29.7 percent to N137.6 billion ($362.84 million) from N178.6 billion ($470.51 million) in the corresponding period of 2019(H1’19). This represents the highest Year-on-Year,
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Still on foreign trips

THIS month, the Federal Government came up with a new policy on foreign travels. According to press reports, it is designed “to curb leakages and instill financial prudence in the management of government resources”. Government also “warned that all public funded travels, local and foreign, must be strictly for official purposes and highly essential statutory engagements that are of benefit to the interests of the country”.

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