Category: Economy
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After Decades of Embargo Borno Begins Digitized Land Allocation to Fuel City Expansion
By Abdulkareem Haruna MAIDUGURI, Nigeria – After more than forty years of stagnation in urban planning, Borno State is finally breaking new ground. On Monday, the Borno State Geographic Information Service (BOGIS) announced a major expansion of Maiduguri, introducing a digital land allocation system designed to end decades of bureaucratic delays and corruption. The initiative…
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Yobe Ultra Modern Markets: A governor’s Push to Turn Farmers into Merchants
By Abdulkareem Haruna DAMATURU, Yobe – Yobe State government has completed the construction of nine ultra-modern markets across its three geopolitical zones – a bold and ambitious people-oriented project that promises a significant shift from the informal, open-air trading systems that have historically dominated the state’s agricultural economy. The project, part of a broader initiative…
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UN Official: African Economies Lose Up to 5% of GDP to Disasters Annually
By Abdulkareem Haruna DAKAR – African nations are losing between two percent (2%) and five (5%) of their GDP annually to climate-related catastrophes, a United Nations official stated at a recent webinar, urging for a shift from post-disaster reconstruction to proactive risk management. Speaking at a virtual event hosted by the African Media Network for…
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ECOWAS Bank to Open First Country Office in Côte d’Ivoire, Aiming to Bolster Regional Investment
By Abdulkareem Haruna Abidjan, Côte d’Ivoire – The ECOWAS Bank for Investment and Development (EBID), the financial arm of the Economic Community of West African States, is set to deepen its engagement in the region with the establishment of its inaugural country office in Côte d’Ivoire. An agreement formalizing the move was signed in Abidjan…
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Economic Boost: Borno’s Senator Kaka-Shehu Gives N790 Million in Items to 3,097 Constituents
By Abdulkareem Haruna Maiduguri, Borno State – Senator Kaka Shehu Lawan (APC-Borno Central) on Tuesday distributed economic empowerment items and cash totaling over N790 million to 3,097 constituents in Maiduguri. This marks the second phase of his empowerment initiative, aimed at bolstering the livelihoods of individuals grappling with the long-term effects of the Boko Haram…
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Borno Revenue Board Exceeds Projections by N9.5 Billion, Aims Higher for 2025
By Abdulkareem Haruna MAIDUGURI – The Borno State Board of Internal Revenue Service (BOIRS) surpassed its 2024 revenue projections by a significant margin, collecting 28.8 billion naira against a target of 19.3 billion naira, according to Executive Director Professor Ibrahim Bello Alhaji. The achievement, he said during a recent press briefing, propels Borno to a…
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RUGA: Borno Launches Cattle Ranch and Resettlement Center for 461 Families
By Abdulkareem Haruna On Saturday, January 11, Borno State, in partnership with the federal government of Nigeria, inaugurated a new cattle ranch and resettlement center aimed at addressing both farmers-herders conflicts and hunger issues. Named the Ngarannam Ruga Center, this initiative which provides livelihood support for 461 families, is the first of its kind in…
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Tensions Rise Among Maiduguri Hoteliers as State-of-the-Art Remodelled ‘Borno State Hotel’ Opens
By Abdulkareem Haruna Maiduguri’s hospitality scene is buzzing with uncertainty following the grand commissioning of the remodelled Borno State Hotel by Governor Babagana Umara Zulum. The newly revamped hotel, featuring a stunning mix of contemporary design and traditional Borno architecture, boasts high-end amenities, including a state-of-the-art conference hall and luxurious suites that are raising eyebrows…
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#NCYM: Governor Zulum Outlines 3 Key Solutions for Enhanced Youth Empowerment
By Abdulkareem Haruna Governor of Borno State, Babagana Zulum, has emphasized the urgent need for skills acquisition, improved educational opportunities, and scholarship programs to curb rising youth restiveness and unemployment. Speaking at the 7th National Council on Youths Meeting (NCYM) held on Thursday at the Government House, Zulum highlighted the critical role of youth in…
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BREAKING: Borno State Governor Unveils ₦584.7 Billion Budget for Recovery and Continuity in 2025
Governor Babagana Zulum emphasizes unity and optimism in the face of challenges By Abdulkareem Haruna Borno State governor, Professor Babagana Zulum, presented a bold fiscal blueprint for 2025 on Monday, December 9, unveiling an appropriation bill that outlines proposed expenditures of ₦584,757,726, 000. Named the “Budget of Recovery and Continuity,” the plan allocates ₦380 billion…
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