Economic crisis: IMF gives tough prescriptions for Nigeria, other sub-Saharan Africa nations
The International Monetary Fund (IMF) urged sub-Saharan African policymakers last week to cut costly fuel subsidies and raise more in taxes, measures that may be hard to implement as governments…
Independence: Tinubu increases low earners’ salary by N25,000 (Full speech)
ADDRESS BY HIS EXCELLENCY, PRESIDENT BOLA AHMED TINUBU, GCFR, PRESIDENT AND COMMANDER-IN-CHIEF, FEDERAL REPUBLIC OF NIGERIA IN COMMEMORATION OF THE 63RD INDEPENDENCE ANNIVERSARY OF NIGERIA ON SUNDAY, 1ST…
How $3bn NNPCL emergency crude repayment loan will affect NigeriansÂ
The Nigerian National Petroleum Company Limited (NNPC Ltd) and Afreximbank have jointly signed a commitment letter and term sheet for an emergency three billion dollars crude oil repayment…
Tinubu, Nigeria and the fuel subsidy albatross, By Temitope Ajayi
The removal of fuel subsidy and the convergence of the foreign exchange markets, the two major policy objectives President Bola Tinubu has committed himself to since assuming office, inevitably…
Breakdown of how FG will spend N275bn on manufacturing, MSMEs
President Bola Tinubu has approved the release of over N275 billion for the immediate resuscitation of the manufacturing and the Micro, Small and Medium-scale Enterprises (MSME). In a nationwide broadcast…
Fuel Subsidy Hardship: FG Set To Review Workers’ Salary – Akpabio
President of the Senate, Godswill Akpabio has assured Nigerian workers of the readiness of the government to review the salaries of its workers as a move towards cushioning the effect…
Tinubu got it wrong with ‘subsidy is gone’ statement – Peter Obi
Mr. Peter Obi, the Labour Party (LP) Presidential candidate in the last election, has faulted the abrupt manner that President Bola Tinubu removed fuel subsidy with an impromptu “subsidy is…
Fuel subsidy: NLC shuns meeting with FG, insists on strike
The Nigeria Labour Congress, NLC, was absent as the Federal government met with representatives of the Trade Union Congress (TUC) at the Presidential Villa, Abuja. The meeting, which kicked off…
Al- Mustapha bares it all, says all coups in Nigeria sponsored by foreign interests
Highlights of Hamza Al Mustapha revelations at Berekete Radio programme 1. All Coup d’etat happened because of foreign interest in the Nigeria oil sector. 2. Fuel subsidy is controlled…
NNPC remits zero money to FG account in 5 months as subsidy wipes out profit
The rot and corruption in Nigeria’s oil and gas sector have begun to toll on the economy of the West Africa economic giant with oil subsidy wiping out all earnings…