The federal government has urged Nigerians who are calling for the hunger/hardship nationwide protest against President Bola Tinubu’s administration to calm down and give the president more time. Minister of Information and National Orientation, Mohammed Idris, made the appeal in Abuja after a meeting held by members of the Federal Executive Council, at the instance…
The problem of poverty in Nigeria is now further compounded by the current biting inflation. The governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso said this on Tuesday. He said the current inflationary pressure is pushing Nigerians into different categories of poverty. Recall that the National Bureau of Statistics (NBS) in its…
Ondo State Governor Lucky Aiyedatiwa has approved the sum of N2 billion as an additional intervention fund to enhance food security and cushion the effects of economic challenges for the people of the state. This was disclosed by the state’s commissioner for information and orientation, Otunba Wale Akinlosotu, after a meeting of the State Executive…
The Lagos State Governor, Babajide Sanwo-Olu, is hosting over 200 local and international investors at the Pre-Summit Investors’ Roundtable in anticipation of the third Africa Social Impact Summit (ASIS 3.0). The event, holding on Victoria Island, features investment presentations, a question and answer session, interactive sessions, roundtable discussions and deal rooms for prospective investors ready…
The Federal Competition and Consumer Protection Commission, FCCPC has been carrying out inspection of market places to combat sharp practices believed to have led to or encouraged undue rise in prices of food and other commodities. The Acting Executive Vice Chairman of FCCPC, Dr Adamu Abdullahi stated this while presenting his scorecard in the last…
The Central Bank of Nigeria, CBN, is pointing accusing fingers at the people it called the middlemen who provide financial support to farmers for being responsible for the rising food prices in the country. Mr. Oluyemi Cardoso, governor of CBN said this in Abuja after the meeting of the Monetary Policy Committee, MPC on Tuesday….
The Director General of, the National Agency for Food and Drug Administration Control (NAFDAC), Prof. Mojisola Adeyeye, has debunked her previous remarks on the safety of Genetically Modified Organism (GMO) crops approved by the Federal Government through the National Biosafety Management Agency (NBMA). This was disclosed in a meeting brokered by the Minister of state…
The African Group at the World Trade Organisation on Monday presented a proposal at the WTO General Council to allow the current Director-General to run for a second term. The proposal is for members to consider Dr Ngozi Okonjo Iweala to run for her second term as DG, WTO and for the Chair of the…
If the plan goes on well, developing countries now battling with how to curtail the impact of climate change may find help from donor countries specifically to mitigate the effect of climate change. When that happens, the benefitting countries would have Azerbaijan to thank. The country, which is the host of 2024 UN Climate Change…
The news from Dangote Group considering its involvement in the economic climate in Nigeria is not something to cheer about. First, the group is lamenting the hostility it is facing in the oil and gas sector. And that is at a time Nigerians are jumping for joy that Dangote has come to save them from…
