Index to Nigerian Newspapers

Nigerians had a glimpse of the economic outlook yesterday. 

Vice President Kashim Shettima and Minister of Finance and Coordinating Minister of the Economy Mr Wale Edun said Nigerians should expect significant improvements in the overall economic performance.

The assurances came as the National Bureau of Statistics (NBS) indicated that the unemployment rate reduced from 5.3 per cent in the fourth quarter of 2022 to 4.1 per cent in the first quarter of 2023.  

Edun said ongoing government initiatives would put an end to hyperinflation and a decade-long decline in Gross Domestic Product (GDP) per capita. 

He spoke at the retreat fro the Presidential Committee on Fiscal Policy and Tax Reforms in Abuja. 

The President was painstaking in his choice of ministerial nominees, the Presidency said yesterday. President Bola Ahmed Tinubu’s list of 28 would-be ministers was made available by Senate President Godswill Akpabio during plenary yesterday. 

Chief of Staff to the President, Femi Gbajabiamila, who delivered the correspondence, which contained the list and a request for confirmation, said additional nominees’ list will be sent “in the coming days”.

Speaking to reporters in Aso Villa, he said: “I’m sure you all know that the government is not fully formed until a cabinet is in place. “That process started a while ago, culminating in the delivery of ministerial nominees today. “The President took his time, “He had 60 days from the time of inauguration, as stipulated in the Constitution. He has fulfilled that requirement by submitting 28 names. Each of the persons on that list, I believe, is worth being there.