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…
Nigerian stocks extended gains for the fifth session on Monday, led by banks to push the main index past a psychological threshold of 80,000 points for the first time ever, according to LSEG data. The All Share Index closed 0.83% up at a record 80,328.58 points. “Stocks have leapt 6.5% in early 2024 trading, extending Read More…
The people who used to shout most about the need for a revolution to happen in Nigeria are now the blokes making many arguments against revolution. The former activists and campaigners for radical change are now singing a new song on the need to give democracy a chance. As almost everybody knows all over the Read More…
Sanusi Lamido Sanusi, the 14th Emir of Kano and former Governor of the Central Bank of Nigeria (CBN), expressed his view on the long-term solution to the petrol subsidy removal crisis, saying, “The long-term solution is to reduce dependence on PMS.” He added, “In the short term, the most effective measure to offset the removal Read More…
The removal of the fuel subsidy announced by President Bola Tinubu on May 29, 2023, need not have resulted in the mass misery that has further alienated Nigerians from their government, if only the plans ceremoniously rolled out by the immediate past government to provide succour for the people before the fuel subsidy was abolished, Read More…
Nigerian unions have urged the government to lead negotiations on the removal of fuel subsidies to cushion its effects on workers and other Nigerians. The unions, led by the Nigeria Labour Congress (NLC), said that the government had not done enough to mitigate the impact of the subsidy removal, which has led to a sharp Read More…
Nigerians have the next 70 days to survive a regime that has chastised them with whips and is promising to further chastise them with scorpions. Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, last week not only renewed the Buhari regime’s threat to increase Nigerians heavy burden by piling far higher fuel prices, Read More…
The House of Representatives passed the 2023 appropriation bill for second reading despite opposition from members about the nation’s high debt level and ongoing fuel subsidy payments. The two problems, according to the House, are the main causes that are harming the country’s economy. The breakdown of the budget was read to the House at Read More…
