Nigerians celebrated twenty five years of Democracy last Wednesday, June 12. I did not mean to dampen the enthusiasm. I am not a killjoy. But democracy is not a declaration, it is a praxis. It is not what we wish, but what we live. Is this something to voice out in a country that has rolled out the drums to celebrate Democracy Day? I remember a basic Read More…
Tag: cost of living
“Tinubu never built Lagos” – Sule Lamido
A former governor of Jigawa State, Alhaji Sule Lamido, has dismissed claims that President Bola Tinubu built modern Lagos, attributing the development of Nigeria’s economic capital to federal government efforts. Speaking on Channels Television’s Politics Today, Lamido criticised Tinubu’s supporters for overstating his achievements as governor from 1999 to 2007. “Lagos was built with Nigerian Read More…
Protests erupt in Ibadan over economic hardships, Seyi Tinubu encourages endurance
A wave of protest swept through Ibadan, the capital of Oyo State, on Monday, as citizens expressed their frustrations over the economic challenges stemming from the policies of President Bola Tinubu. The demonstrators, predominantly youths, took to the streets, blocking major thoroughfares to highlight the escalating cost of living nationwide. They demanded urgent government action Read More…
Inflation: Specific blueprint critical to manufacturing, other performances in 2024
By Rukayat Moisemhe, News Agency of Nigeria (NAN) Some Stakeholders in the manufacturing sector say Nigeria needs a specific blueprint to critically address the impact of inflationary pressures on all economic activities in the country. According to the World Economic Forum’s Global Risks Report 2023, the world’s top current risks are energy, food, inflation, and Read More…
Lagos maintains affordable status as Singapore and Zurich top global cost-of-living index
Singapore and Zurich emerged as the world’s most expensive cities this year, followed by Geneva, New York, and Hong Kong, as per the Economist Intelligence Unit (EIU), signalling ongoing challenges in the global cost-of-living landscape. Meanwhile, Lagos, Nigeria’s commercial hub, remains relatively affordable in the latest survey, ranking 125th out of 172 cities. The EIU’s Read More…
Lagosians find relief in ‘Rage Room’ therapy amid rising stress levels
In Lagos, Nigeria, an unconventional form of therapy has emerged as an outlet for pent-up frustration. The “rage room” at Shadow Rage Room allows patrons to unleash their anger by breaking glass, smashing furniture, and demolishing electronic devices in a controlled environment, free from consequences. Offering 20-minute sessions for N7,500, co-founder Banjoko Babajide James revealed Read More…