Category: Economy
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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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Northern Leaders Divided Over Tax Reform as Dogara Advocates for Solutions
By Abdul Kareem The debate over President Bola Tinubu’s Tax Reform Bills is heating up, with prominent political figures like Senator Ali Ndume and other northern stakeholders, including governors, expressing strong opposition. However, former Speaker of the Federal House of Representatives, Hon. Yakubu Dogara, urged a shift from criticism to constructive dialogue during a recent…
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As Borno and Chad Open New Chapter in Trade and Commerce Amid Shared Security Challenges
By Abdulkareem Haruna Earlier this week, I had the opportunity to be at the council chambers of Government House Maiduguri to cover a significant event aimed at revitalizing the economy around the Lake Chad basin. During this historic event, Borno State and the Republic of Chad initiated a historic bilateral commitment to enhance trade between…
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Borno’s Governor Zulum Reaffirms Commitment to Job Creation Through SME Support
By Abdul Kareem Borno State Governor, Professor Babagana Zulum, has emphasized his administration’s focus on job creation by providing support to the small and medium enterprises (SMEs) across the state. Speaking during a visit to Coplad Nigeria Ltd., a rice milling factory located on the Maiduguri-Bama highway, the governor highlighted the critical role SMEs play…
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2025 Budget: Yobe Proposes ₦321 Billion Towards Economic Consolidation, Poverty Reduction
By Abdul Kareem In a strategic move to fortify its development agenda, the Yobe State government has proposed spending ₦320.8 billion in the coming year in a state fiscal policy. The proposed 2025 fiscal policy allocates ₦144.036 billion, or 44.9%, to recurrent expenditure, while ₦176.77 billion, or 55.1%, is designated for capital expenditure. Aptly named…
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Arab Bank CEO Hails Yobe‘s Succeeding Economic Transformation Agenda As Governor Buni Explores Partnership in Riyadh
By Abdul Kareem RIYADH, Saudi Arabia – Governor Mai Mala Buni of Yobe State engaged in high-level discussions on Tuesday with Dr. Sidi Ould Tah, President of the Arab Bank for Economic Development in Africa (BADEA), to explore avenues for support and partnership between the state government and the esteemed financial institution. Against the backdrop…
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