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The Office of the Coordinating Minister of the Economy recently released a breakdown of Potential Benefits from Budget 2012 and the SURE Program. Below in tangible terms are some of the significant allocations that have been made to essential sectors of the economy, both in the 2012 budget as well as the recently-launched Subsidy Reinvestment and Empowerment Programme (SURE-P). This programme is a 3—4 year programme designed to mitigate the immediate impact of the removal of fuel subsidy and accelerate economic growth through investments in critically-needed infrastructure. It is noteworthy that, while the 2012 budget allocated the best possible amounts to these critical projects, additional resources are allocated to the same projects in the SURE programme to ensure that they are completed at faster rates than envisioned in the 2012 budget. Some of the projects and allocations are as follows: Works N11bn is allocated to the Abuja-Lokoja road in the 2012 Budget, with an ...

Have you heard? Melbourne has vaulted Vancouver to become the best city in the world to live, according to the latest Economist Intelligence Unit’s Global Liveability Survey. Country City Top 10 Australia Melbourne Austria Vienna Canada Vancouver Canada Toronto Canada Calgary Australia Sydney Finland Helsinki Australia Perth Australia Adelaide New Zealand Auckland Bottom 10 Cote d'Ivoire Abidjan Iran Tehran Cameroon Douala Pakistan Karachi Libya Tripoli Algeria Algiers Nigeria Lagos PNG Port Moresby Bangladesh Dhaka Zimbabwe Harare A liveable city is one that is pleasant to live in, fun to spend time in and creates a desire to invest. In these economic hard times and dwindling federal government allocations, good liveable indices put a city ahead of the comp...