In this edition of the “Brief” the Nigeria Economic Summit Group will host a stakeholder validation session on “Nigeria’s Solid Mineral Sector Governance Landscape and Prospects Report”.

This is scheduled for Tuesday June 7th, 2022 by 10.0am and this comes at a time Nigeria seeks to diversify its revenue sources, through solid minerals and other critical sectors.

For this week here are some of the key economic and financial market events that will hold this week:

1. CBN Technical Committee on Comprehensive Import Supervision Scheme Sensitization Workshop for Importers and Stakeholders, June 7th,2022
2. NESG Stakeholder validation session on Nigerian Solid minerals sector, June 7th,2022
3. Afrinvest Investment series webinar, June 8th,2022
4. Fintech Association of Nigeria 2022 AGM, June 8th, 2022

For the key socio-economic and financial market events from last week;

1. FIRS to commence recovery of unremitted tax from States, LGAs.
2. FG announced the signing of the Nigeria-Morocco gas pipeline deal
3. IMF warned magnitude of fuel subsidy payments, debt servicing may take all of Nigeria’s revenue by 2026.
4. World Bank stated COVID 19, Russia-Ukraine Russia-Ukraine war, COVID-19 pandemic, and rising inflation posed challenges to Nigeria’s poverty reduction goals.
5. NGX ASI for the week ended June 3rd, 2022 closed negative at -2.18%