This followed the voluntary resignation of former BOI Managing Director and Chief Executive Officer, Mr. Olukayode Pitan.

He said the Tinubu administration has ensured a level playing ground for investors following the removal of bottlenecks.

“It must be emphasised that CBN does not have a magic wand that can be waved at the current economic challenges,” said Cardoso.

He replaces Mr Garba Muhammad who recently exited the organisation after a company-wide reorganisation.

He listed areas where African nations need to ramp up capacity to include fabrication, installation, commissioning and operation.

The federal government raked in N709.59 billion from VAT in the first quarter of the year, according to the National Bureau of Statistics.

Minister Keyamo will also witness Uganda’s inaugural flight to Nigeria.

Adelabu emphasised the need for collaborations between the public and private sector.

Between January and August 2023, a total of 5,473,927 arrivals were recorded, reflecting an astounding 63.4% increase compared to the same period in the previous year.

He said a data-driven system is a precondition for the realization of the fiscal projections of the government.

“…We want to concentrate on our area of core competence of business. To achieve that we have to divest appropriately.”

The rate was 5.94% points higher compared to the rate recorded in September 2022, which was 20.77%

Oramah said the agreement is a crucial step in transforming trade and supporting African economies.

“Only up to 25 per cent of trade is supported by trade finance in these regions, compared to 60-80 per cent in advanced economies.”

It vowed that the Tinubu administration will not breach Ways and Means limits.

Last year, NNPC did not remit monies into government coffers despite surging oil prices, as oil-for-fuel swaps consumed all the crude it had to sell.

It said Tinubu’s reforms need time to yield desired results.

Hundreds in the Peremabiri community have been thrown into crisis as farmlands, marine environment ruined.

The airline’s growing network includes twenty domestic routes, 8 regional and 5 international destinations.

“In the years preceding the enactment of the PIA, investments in the Nigerian oil and gas industry declined mostly due to regulatory uncertainty,” said Komolafe.