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Economy

CNG Writes Tinubu, Demands Review of Harsh Policies

The Coalition of Northern Groups (CNG) has written to President Asiwaju Bola Ahmed Tinubu, demanding a review of some offensive policies that have led to the mass suffering of citizens. In the letter signed by the spokesperson of CNG, Abdul-Azeez…

Nigeria’s Most Successful Economic Period Was Under Obasanjo

Former Governor Nasir El-Rufai of Kaduna State has said the second term of former President Olusegun Obasanjo yielded the most successful in terms of economic growth, job creation, and inflation rate in Nigeria. Obasanjo governed the country from 1999 to…

Niger Delta Youths Back NNPCL On Pipeline Surveillance Contract, Pass Vote of Confidence in Kyari

Niger Delta youths, under the aegis of the Coalition of Niger Delta Youth Groups, has backed the pipeline surveillance contract awarded to Tantita Security Services by the Nigerian National Petroleum Corporation Limited (NNPCL) to ensure a brighter future for Nigerians….

Oyo Govt. Earmarks N8bn for Palliative Distribution, As Makinde Flags Off Distribution in Oyo Town

The Oyo State Government, has said the sum of Eight Billion, Six Hundred and Thirty-three Million, Nine Hundred and Ninety-six thousand, four hundred and Sixty-four naira (N8, 633, 996, 464.00) was earmarked for palliatives by the Sustainable Action for Economic…

What We’ll Do With Remaining 2023 Budget Amid Fight Against Banditry — Katsina Governor Reveals

Katsina State Governor, Malam Dikko Umar Radda, has said that the state government will spend the remaining funds budgeted for the 2023 fiscal year on efforts to restore security to the state. The Governor, who disclosed this during a meeting…

Niger Crisis: Border Communities Decry Rising Food Prices As Troops Lament Hunger – Report

In the aftermath of the preparations by the standby troops to the Economic Community of West African States (ECOWAS) to invade Niger in a move to forcefully reinstate the ousted President of the West African country, Mohamed Bazoum, prices of…

Tinubu Sets 18% Tax to GDP Target in 3 Years

President Bola Tinubu on Tuesday in Abuja expressed his resolute commitment to break the vicious cycle of overreliance on borrowing for public spending, and the resulting burden of debt servicing it places on the management of Nigeria’s limited government revenues….

GlaxoSmithKline Manufacturer Of Panadol, Ribena, Lucozade, Macleans, Andrews Liver Salt, Others Ends Operations In Nigeria

After 51 years of operation in Nigeria, British pharmaceutical giant GlaxoSmithKline (GSK) has announced plans to end its prescription medicines and vaccines in the country. The multinational pharmaceutical company, initially known as Beecham at its incorporation, is well-known for products…

Full Text Of President Bola Tinubu’s Address To Nigerians On Socio-economic Challenges

My fellow citizens, I want to talk to you about our economy. It is important that you understand the reasons for the policy measures I have taken to combat the serious economic challenges this nation has long faced. -Our administration…

In Six Months FIRS Rakes-in Record N5.5 Trillion

Nigeria’s  Federal Inland Revenue Service (FIRS) has announced a total tax revenue collection of N5.5 trillion for the half-year period of January to June 2023. This is the highest tax revenue collection ever recorded by the Service in any first…