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NESG: Nigerian economy to beat IMF growth forecast in 2021

The Nigerian Economic Summit Group has predicted a growth rate of 2.9 per cent for the Nigerian economy in 2021, higher than the 1.5 per cent growth rate suggested by the International Monetary Fund. The NESG identified eight key policies and events that will help shape the outlook of Nigerian economy in 2021. This is contained in the group’s 2021 Macroeconomic Outlook Report titled, “Four Priorities for the Nigerian Economy in 2021 and Beyond,” launched virtually on Tuesday. According to the report, for Nigeria’s economy to get back on track, the economy needs a high, robust and sustained economic growth that will deliver a significant reduction in unemployment and poverty. The report said the government’s most important agenda in 2021 must be to address these problems as a foundation for...

Taraba announces resumption of religious activities

The Taraba government has announced the resumption of religious activities in the state. The state Deputy Governor, Haruna Manu, made the announcement on Monday in a statewide broadcast in Jalingo, the state capital. Manu, however, said that observance of social distancing and other safety protocols must be strictly adhered to. He also announced a slight ease on restriction of movement and other activities in the state. According to him, government has set aside Fridays, Saturdays and Sundays to enable the residents carry out their activities from 8 am. to 6 pm. The deputy governor added that lockdown would still be observed on Mondays, Tuesdays, Wednesdays and Thursdays, adding that violators would face strict penalties. Manu urged religious leaders and other citizens to comply with the r...