economy Archives - The Pacesetter Frontier Magazine

Atiku Knocks Tinubu Over 24.7tn Borrowing, Says Government Is Choking Businesses of Credit

September 8, 2026 by Editor Leave a Comment

Atiku says government borrowing surged to N24.7tn despite higher oil prices, squeezing private-sector credit and worsening economic hardship. Former Vice President, Atiku Abubakar, on Monday described the federal government’s ‘unprecedented’ appetite for domestic borrowing as evidence of dangerous fiscal indiscipline that is starving Nigerian businesses of credit, killing jobs and worsening the cost-of-living crisis. In … [Read more…]

President Tinubu Says Economic Reforms Moving Nigeria’s Economy to $1tn

September 1, 2026 by Editor Leave a Comment

President Bola Ahmed Tinubu President Bola Tinubu on Tuesday said the economic reforms introduced by his administration have placed Nigeria on the path to achieving a $1tn economy by 2030, despite the hardship and challenges confronting Nigerians. Represented by the National Chairman of the All Progressives Congress, Prof. Nentawe Yilwatda, at the second edition of … [Read more…]

[OPINION] The Akara Economy that Nigeria Runs on But Won’t Fund

July 3, 2026 by Editor Leave a Comment

By Akinola Morakinyo (Ph.D) Nkechi Okonkwo has been awake since 3:45 in the morning. By the time most of Oshodi is still arguing with its alarm clock, she has soaked beans, queued at the neighbourhood mill, lit her coal pot, and begun producing one of the most economically efficient food products in Nigeria. An akara … [Read more…]

Why Nigeria Is Always Economically Behind

June 22, 2025 by Editor Leave a Comment

By Dr. Samson Abanni Let me tell you a story from the long ago—around 1400—when the world’s most advanced technology wasn’t smartphones or artificial intelligence, but something far simpler: turning raw wool into finished cloth. This was the quantum science of its day. England was the world’s largest producer of raw wool, but not a … [Read more…]

Atiku promises to wipe out B/Haram, jump-start businesses, economy

November 22, 2022 by Editor Leave a Comment

Presidential candidate of the Peoples Democratic Party, Atiku Abubakar has promised to wipe out Boko Haram and help businessmen revive and expand their business in order jump start the economy if elected President come 2023. Atiku made the promise while addressing a crowd of party supporters at the PDP Presidential Campaign in Gombe, Gombe State, … [Read more…]

Tinubu discusses power, infrastructure, economy, security

August 8, 2022 by Editor Leave a Comment

The kingdom of God suffereth violence and the violent shall take it by force. That’s a saying in the Holy Bible and Tinubu’s grabbing of the presidential ticket of the All Progressives Party, APC, could be described as a forceful takeover. Or, how else does one interrogate his landslide victory at the June 7/8 primaries … [Read more…]

The windfall: Reinventing Nigerian Economy

July 23, 2021 by Editor Leave a Comment

NIGERIA is an emerging market, middle income and mixed economy, and is ranked the 27th largest economy in the world. It has the largest natural gas economy in Africa and is also the largest oil and gas producer in the continent. The country had a good head start with a well-defined First National … [Read more…]

Will there be a rescue from this Overwhelming darkness in Nigeria?

March 22, 2021 by Editor Leave a Comment

This is because there are equipment from the surplus power market on the ground that can be deployed as fast as possible once a PPA agreement is executed, and the natural gas infrastructure can also be in place within the above stated period. Not only that, there are capable human resources to operate … [Read more…]

Nigeria Economy Exits Recession

February 19, 2021 by Editor Leave a Comment

Amidst rising rate of corruption, spike in COVID-19 pandemic, banditry and kidnapping, the Federal Government, yesterday, declared that Nigerian economy has finally exited recession that hit the economy in the first quarter of 2021. Minister of State Budget and Economic Planning, Mr Clem Agba, who disclosed this in Imo State while commissioning a … [Read more…]

FG pledges its commitment to increase revenue generation and enhance the economy

February 2, 2021 by Editor Leave a Comment

The Federal Government has pledged its commitment to improving revenue generation and enhancing economic competitiveness in the country. The Minister of Finance, Zainab Ahmed, made the pledge on a virtual platform on Monday during the Executive Roundtable on the Finance Act 2020 and Economic Outlook for 2021 organised by PricewaterhouseCoopers. … [Read more…]

Insecurity and Food inflation in Nigeria, Finding solutions to poor management

January 15, 2021 by Editor Leave a Comment

THE coronavirus pandemic has contributed a lot to the current food inflation ravaging Nigerian families. Coming in February/March, the beginning of the planting season, and forcing a prolonged national lockdown, it prevented many of our farmers from sowing their seeds. Food inflation, according to the National Bureau of Statistics, NBS, rose from 16.66 per … [Read more…]