Oliver Stolpe, country representative of the United Nations Office on Drugs and Crime (UNODC), says he is confident Mohammed Marwa, chairman of the National Drug Law Enforcement Agency (NDLEA), will excel in his new position. According to a release signed by Jonah Achema of the public affairs unit of NDLEA, Stolpes said the appointment of Marwa is a positive sign and has renewed global confidence in Nigeria’s drug control capability. “We have every confidence in your ability to deliver,” Stolpe said during a courtesy visit to the NDLEA headquarters in Abuja on Monday. He said the UNODC is in support of the National Drug Control Master Plan and other drug control documents being developed by NDLEA in its bid to wipe out illicit drugs in the country. “As a technical assistance provider, whic...
Barely five days to the end of the year 2020, the Central Bank of Nigeria has disclosed that a survey carried out by its Statistics Department revealed that the naira is expected to depreciate further in January 2021. The report, titled, ‘December 2020 Business Expectations Survey Report’ added that there might also be a steady rise in interest rate from December till the next six months. The naira witnessed a sharp fall in recent weeks, reaching its lowest on November 30, 2020, when it exchanged for N500/$1. Since then, the dollar has been hovering between N460 and N470. As of Friday, however, one dollar exchanged for 465 in the parallel market. Also, the Nigerian economy had on November 21 slid into its second recession in five years when the economy shrank again in the third quarter. Th...
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File Photo The National Bureau of Statistics, NBS, is to commence National Business Survey after 22 years. The statistician General of the Federation, Dr. Yemi Kale, announced this on Monday while delivering a keynote address at the Training of Trainers for the National Business Sample Census (NBSC) 2020 in Abuja. Kale said the information emanating from the census activity would be primarily useful in understanding the nature and structure of the economy, as well as providing a sound business frame for the conduct of economic surveys in the country. The Business Census also known as an Economic Census is a statistical exercise that involves the enumeration of formal and informal business establishments across the country. During this process, commercial and industrial business operations ...