Nigeria’s Inflation Increases To 22.22 Per Cent
Nigeria’s April inflation figure increased to 22.22 per cent from 22.04 per cent last month. Report has it that the National Bureau of Statistics Consumer Price Index released the information on Monday. The data represented a 0.18 per cent increase…
Budget Office, World Bank Frown At Buhari’s Borrowing Spree
President Muhammadu Buhari-led administration’s appetite for borrowing despite having less than 19 days to leave the seat of power has continued to be a severe concern to Nigerians. Indication revealed that the Budget Office of the Federation, World Bank, International…
Tension As Nigeria’s Debt Profile Races To N80trn Under Buhari Govt
With Nigeria’s total debt stock racing to over N80 trillion, there is heightened concern in the country. Report indicates that stakeholders are of the view that Nigeria’s economy is in an emergency situation and on the verge of collapse if…
Aregbesola Identifies People Undermining Issuance Of Passports
Rauf Aregbesola, Minister of Interior, on Tuesday said few corrupt officials are undermining efforts of the Nigeria Immigration Service (NIS) at sanitising and bringing integrity to passport applications. Report has it that Aregbesola, who spoke while inaugurating the NIS passports…
Unbundle Power, Labour, Works, Other Ministries – Sam Amadi To Tinubu
A former Chairman of the Nigerian Electricity Regulatory Commission, NERC, Dr Sam Amadi, has pointed out some ministries the incoming Bola Tinubu’s administration should consider unbundling. Report has it that the outgoing Buhari administration adjusted some federal ministries upon assumption…
Buhari Govt’s Controversial Taxes On Telecoms Services, Beer, Others Unsettle Nigerians
It is no longer news that President Muhammadu Buhari will be exiting the seat of power after eight years on May 29, 2023. However, the reported introduction of the controversial tax on telecommunications services, beer, beverages, vehicles and others has…
133m Nigerians Poor Despite $5.4bn Paris Refund Given To Governors – Shehu Sani
A social critic and former lawmaker, Shehu Sani has claimed that the country’s numerous problems are man-made. Sani expressed displeasure despite the huge amount of money from the Paris refund shared by state governors, 133 million people now live below…
Freight Rate Up As 50 Per Cent Of Foreign Vessels Exit Nigeria
Aminu Umar, the President of the Nigerian Chamber of Shipping has said the freight rate increased to 70 per cent as 50 per cent of foreign trading vessels exited Nigeria waters in the past 16 months. He stated this recently…
Nigerian Students In Sudan Beg FG For Evacuation
Nigerian students stranded in Khartoum, the capital of Sudan, have appealed to the Federal Government to facilitate their evacuation. Report indicates that the students are living in fear as more residents flee, amid fighting that has killed more than 300…
Nigerians Rather Follow Celebrity Pastors Than Intellectuals – Charles Awuzie
A Nigerian cyber security expert based in South Africa, Charles Awuzie has slammed Africans, especially Nigerians over their preference for religion. Report suggests Awuzie claimed that “Nigerians would rather follow celebrity pastors who ask them to type amen to receive…