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              Localisation is key to innovation-Minister Ebrahim Patel

              Localisation is key to innovation-Minister Ebrahim Patel

              SA partners Belgium to provide mutually beneficial opportunities

              South Africa: Water and Sanitation Welcomes Arrest of Senior Manager for Double Dipping Salaries

              Kenya Revenue Authority gains more from gaming and betting collections

              Kenya Revenue Authority gains more from gaming and betting collections

              Ghana: US Vice-President urges Africans to innovate and empower women

              Ghana: US Vice-President urges Africans to innovate and empower women

              Uganda: Parliament starts monthly health screening

              Uganda: Parliament starts monthly health screening

              President Ramaphosa attends to state of South Africa’s logistics system

              President Ramaphosa attends to state of South Africa’s logistics system

              Kenya and Germany to prioritise the elimination of non-tariff barriers to boost trade

              Kenya and Germany to prioritise the elimination of non-tariff barriers to boost trade

              Trending Tags

              • FEATURES
                Tanzania confirms first-ever outbreak of Marburg Virus Disease

                Marburg Virus Disease – United Republic of Tanzania

                Fight Slavery’s ‘Legacy of Racism’ through Education: Guterres 

                Fight Slavery’s ‘Legacy of Racism’ through Education: Guterres 

                Richest country in Europe marks third year of free public transport

                Richest country in Europe marks third year of free public transport

                International Day of Forests, 21 March

                International Day of Forests, 21 March

                8 technologies bridging digital gender gap in Rwanda 

                8 technologies bridging digital gender gap in Rwanda 

                Cybersecurity in Africa: Many still believe cybercrime ‘won’t affect them’ 

                Cybersecurity in Africa: Many still believe cybercrime ‘won’t affect them’ 

                Samia redefining women roles in Tanzania

                Samia redefining women roles in Tanzania

                Meet Martha Koome: Kenya’s Chief Justice Harnessing Tech to End Gender-Based Violence

                Meet Martha Koome: Kenya’s Chief Justice Harnessing Tech to End Gender-Based Violence

                Trending Tags

                • DIGITAL ECONOMY
                  Kenya: Ministry of Health welcomes new Kenya Medical Supplies Authority Chairperson, Mr. Daniel Rono

                  Kenya: Ministry of Health welcomes new Kenya Medical Supplies Authority Chairperson, Mr. Daniel Rono

                  Full SONA Delivered by President Akufo-Addo to Parliament

                  Full SONA Delivered by President Akufo-Addo to Parliament

                  image containing somalia frontline states summit

                  We must ruthlessly dismantle terror networks in the horn of Africa- President Ruto

                  President Ramaphosa nominates Justice Mahube Betty Molemela as Judge President post image

                  President Ramaphosa nominates Justice Mahube Betty Molemela as Judge President

                  South Africa: Minerals and Energy on Eskom Diesel Licence

                  South Africa: Minerals and Energy on Eskom Diesel Licence

                  Statement by Administrator Samantha Power on the declaration of the end of the Ebola Outbreak in Uganda

                  Statement by Administrator Samantha Power on the declaration of the end of the Ebola Outbreak in Uganda

                  flier for Invest in Africa Energy invitation

                  Invest in African Energy: African Energy Chamber to Host New Year Reception

                  President Wavel attends the official launching of Liam’s Rainbow Foundation

                  Seychelles: President Wavel attends the official launching of Liam’s Rainbow Foundation

                  2022 wassce results prove free SHS is working well” – President Akufo-Addo

                  2022 wassce results prove free SHS is working well” – President Akufo-Addo

                  Trending Tags

                  • INTERVIEW
                    Sierra Leone Seeks Upstream Partners to Fast-Track Exploration, says Petroleum Directorate

                    Sierra Leone Seeks Upstream Partners to Fast-Track Exploration, says Petroleum Directorate

                    Ghana’s registra department: driving digitization for effecient services

                    Ghana’s registrar department: driving digitization for efficient services

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                    Nigerian’s First Lady Aisha Buhari in Talks on Plans After Husband’s Presidency

                    Cedi expected to end 2020 with less than 5% depreciation to dollar Says Expert

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                    “Citizen Gate is Designed to bring the government closer to the people”- Mr. Toba Otusanya, DG, Lagos State Office of Transformation, Creativity & Innovation

                    “Citizen Gate is Designed to bring the government closer to the people”- Mr. Toba Otusanya, DG, Lagos State Office of Transformation, Creativity & Innovation

                    I cherish and treasure my reputation for probity and accountability,– Dr. Babatunde Ajibade, SAN

                    I cherish and treasure my reputation for probity and accountability,– Dr. Babatunde Ajibade, SAN

                    Why Nigeria Needs Aircraft Leasing Companies- Captain Abdulsalami Mohammed

                    Why Nigeria Needs Aircraft Leasing Companies- Captain Abdulsalami Mohammed

                    Interview with Jennifer Blanke, Vice President Agriculture, Human and Social Development at the African Development Bank Group, Ahead of the 2019 Gender Summit

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                    Now is the Time to Partake in Nigeria’s Next Level Roadmap – Damilola Ogunbiyi

                    Now is the Time to Partake in Nigeria’s Next Level Roadmap – Damilola Ogunbiyi

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                      Her Excellency Hon Reem Ebrahim Al Hashimy, Minister of State for international Cooperation, United Arab Emirates Emerges PSG Minister of the Week

                      Her Excellency Hon Reem Ebrahim Al Hashimy, Minister of State for international Cooperation, United Arab Emirates Emerges PSG Minister of the Week

                      Hon Aisha Jumwa, Minister of Public Service, Gender & Affirmative, Kenya has Emerged APS Minister of the Week

                      Hon Aisha Jumwa, Minister of Public Service, Gender & Affirmative, Kenya has Emerged APS Minister of the Week

                      Hon Aisha Jumwa, Minister of Public Service, Gender & Affirmative, Kenya has Emerged APS Minister of the Week

                      Hon Aisha Jumwa, Minister of Public Service, Gender & Affirmative, Kenya has Emerged APS Minister of the Week

                      Ambassador John Mwangemi, Chief Executive Officer, Kenya Ports Authority Emerges APS “CEO OF THE WEEK”

                      Ambassador John Mwangemi, Chief Executive Officer, Kenya Ports Authority Emerges APS “CEO OF THE WEEK”

                      H.E. Amb Dr. Monica Kathina Juma, Minister of Energy, Kenya Emerges APS Minister of the Week

                      H.E. Amb Dr. Monica Kathina Juma, Minister of Energy, Kenya Emerges APS Minister of the Week

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                      His Excellency Dr. Belete Molla, Minister of Innovation & Technology, Ethiopia Emerges APS Minister of the Week

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                      H.E Dr. Mohamed Maait, Minister of Finance, Egypt Emerges APS Minister of the Week

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                      HE Mrs Fatim Zahra Ammor, Ministry of Tourism, Handicrafts & Social Economy of Morocco Emerges APS Minister of the Week

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                      Mr Alphayo J. Kidata, Commissioner General, Tanzanian Revenue Authority Emerges APS “CEO OF THE WEEK”

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                      Nigeria’s Economic Growth Outlook Positive, Says Adeosun

                      Public Sector Global by Public Sector Global
                      March 21, 2018
                      in Featured, NEWS
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                      The Minister of Finance, Mrs. Kemi Adeosun, has stated that the country’s economic outlook for the year 2018 and beyond is positive.

                      She stated that the country was now resilient after exiting recession and has the potential to achieve a seven per cent economic growth in the next two to three years.

                      The minister gave the assurance yesterday at the fourth Ogun State Investors Forum attended by the Vice President, Prof. Yemi Osinbajo; Ogun State Governor, Ibikunle Amosun; former President of Mexico, Mr. Felipe Calderone and eminent persons and captains of industries.

                      Adeosun disclosed that the current administration had succeeded in building macroeconomic resilience for the country, particularly revising the funding mix, rebuilding fiscal buffers, enhancing foreign exchange reserves and focusing on import substitution strategies.

                      She said: “President Muhammadu Buhari has laid the foundation for the repositioning of the economy with a series of reforms which are being sequenced to ensure maximum impact and benefits to Nigeria and the citizens.

                      “These include massive investments in infrastructure and social welfare across the country, improved revenue mobilisation, rebuilding of foreign reserves and stabilization of exchange rate.”

                      The Nigerian economy had returned to growth in the second quarter of 2017 after five consecutive quarters of negative growth.

                      She said the country exited recession with a growth of 0.72 per cent, which was further consolidated with growths of 1.40 per cent and 1.92 per cent in the third and fourth quarters of last year, respectively.

                      The minister explained that the quick reversal of the recession meant “less damage” was done to the economy and provided an opportunity for faster positive growth.

                      As revenue and growth return, Adeosun said the government would increase the fiscal space for infrastructure spending.

                      According to her, revenue mobilisation is potentially the master key to unlocking Nigeria’s huge growth potentials and funding the infrastructure programmes.

                      Recalling the actions taken by the administration on assumption of office in May 2015, the minister said it had two options of “balancing our books by cutting down on expenses and also investing massively in infrastructure and the economy.”

                      Vice President Yemi Osinbajo said the country’s problems must be analysed from the perspective of what” Our real issues are.”

                      He insisted that it would be unfair to talk of the country’s poor economy without talking about the damage “that was caused years ago, about people stealing the country’s resources.”

                      Source: The Guardian

                      Tags: AdeosunEconomicNigeriaOutlookPositive
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