Video: Nigeria Has Africa’s Highest Rate Of Investment Returns – Aganga

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The Minister of Trade and Investment Olusegun Aganga has stated that Nigeria is in a unique position with the highest rate of returns on investment in Africa.

This he claims was made possible because the nation’s macro-economic stability is much stronger than most developing countries in Africa and this in 2012 made Nigeria become the highest destination for investment in Africa, attracting investment of about $8.6billion, with an increase of about 46 percent growth and investment.

Speaking on Channels Television’s Business Morning, the Minister explained that according to the Central Bank of Nigeria’s (CBN) result, the total foreign investments in Nigeria as at 2012 is in excess of $16billion, compared to $7.9billion in 2011.

Teachers Council Blames Corpers For High Rate Of Mass Failure In Exams

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A damning verdict has been passed on graduates who partake in the one year mandatory National Youth Service Corps by the Teachers Council which blamed the high rate of failure witnessed in various examinations on the youth corps members who are posted to teach without being qualified.
The Teachers’ Registration Council of Nigeria, TRCN, on Tuesday, while reacting to an allegation by the FG that they’re partly to blame for the mass failures, called on the leadership of National Youth Service Corps, NYSC, to stop the deployment of corps members, who lack basic knowledge of teaching, to teach in schools.