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…]
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…]
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…]
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…]
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…]
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…]
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…]
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…]
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…]
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…]