Major Economic Highlight for Today
Starting out with Youth Development
The Minister of Youth Development Bio-Ibrahim Jamila has said there is no plan for an allowance increase for NYSC. She said, Government instead plans to transform the agency to revenue-generating one
2. Agrofood
Poultry farmers lost over 3 trillion-naira investments in 2023. The Lagos State chapter of the Poultry Association of Nigeria (PAN), attributed the loss to prevailing harsh economy in the nation and the closure of about 50 per cent of poultry farms across the country
3. Industry
Nigeria’s manufacturing sector experienced notable expansion in January, with increased output and new orders, leading to a 13-month high in business confidence. According to the Stanbic IBTC Purchasing Managers Index (PMI), the headline PMI rose to 54.5 in January, indicating a solid improvement in the private sector for the second month in row.
