Food security/poverty reduction: Revamping cooperative sector is urgent, not optional
The Minister of State for Agriculture and Food Security, Sabi Abdullahi, has stressed that reforming Nigeria’s cooperative sector is critical to achieving food security and reducing poverty. He described the move as urgent and unavoidable. According to him, cooperatives play a major role in everyday economic activities, from farming and food distribution to housing, transport, […]
Tinubu establishes presidential taskforce to design new reforms in petroleum sector
President Bola Tinubu has established a presidential taskforce to design new reforms in Nigeria’s petroleum sector. The move aims to improve efficiency, enhance transparency, and boost investment in the energy industry. The taskforce will review existing policies, identify bottlenecks, and propose actionable strategies to modernize the sector. It will also engage stakeholders, including oil companies, […]
BUA Group Chairman, Abdul Samad Rabiu calls for shift from extraction to value addition
The Chairman of BUA Group, Abdul Samad Rabiu, has called for a major shift in Nigeria’s economic strategy, urging the country to move away from raw material extraction and focus more on value addition. He said Nigeria must begin processing its natural resources locally instead of exporting them in their raw form. Rabiu explained that […]
Sell Port Harcourt, three other NNPCL refineries in 2026 – PETROAN to Nigerian Govt
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has advised the Federal Government to sell the Port Harcourt refinery along with three other refineries operated by the Nigerian National Petroleum Company Limited (NNPCL) in 2026. The group believes that private sector control will improve efficiency and reduce the burden on government resources. PETROAN […]
House of Reps Speaker, Tajudeen Abbas, raises alarm as Nigeria’s debt hits N149 trn
Nigeria’s public debt has reached a worrying level, surpassing the legal limit and raising serious concerns about the country’s financial stability. House Speaker Tajudeen Abbas has warned that urgent action is needed to address the growing debt and ensure it is managed responsibly. Speaking at the opening of the 11th Annual Conference and General Assembly […]
Tinubu arrives Brazil for BRICS meeting with 5 Governors
President Bola Tinubu has landed in Rio de Janeiro, Brazil, to take part in the 17th BRICS summit. BRICS stands for Brazil, Russia, India, China, and South Africa—countries known for being strong developing economies. Tinubu’s plane arrived at Galeao Air Force Base at 8:45 pm on Friday, July 4 (Brazil local time). He was welcomed […]
Tinubu’s Renewed Hope Agenda paving way for Nigeria’s economic renaissance – Idris
President Tinubu’s Renewed Hope Agenda is building a strong path for Nigeria’s economic growth, according to the Minister of Information and National Orientation, Mohammed Idris. He shared this during the 2025 Nigeria Public Relations Week in Uyo, Akwa Ibom. The Minister explained that the Tinubu government’s direction has started a major economic change that is […]
Nigeria Becomes Member Of European Bank For Reconstruction And Development
Nigeria has officially joined the European Bank for Reconstruction and Development (EBRD). This membership will help Nigerian businesses get easier access to money from abroad, which can support long-term economic development. By joining the EBRD, Nigeria’s private sector can now attract more international investments. These funds can come in both foreign currency and naira, making […]
Will Governance Change After Prayers, Nigerians Ask Federal Government
Recently, Nigeria held a national prayer event led by the First Lady, Oluremi Tinubu, and National Security Adviser, Malam Nuhu Ribadu, to seek divine intervention for the country’s ongoing economic struggles. The prayer gathering, which took place at the National Mosque and the National Ecumenical Centre, aimed to unite citizens in the hope that prayer […]
Economic Hardship: How Atiku Would Have Taken a Different Approach – Peter Obi
In a recent statement, Atiku Abubakar, former Vice President of Nigeria and presidential candidate for the People’s Democratic Party (PDP), shared what he would have done differently to address Nigeria’s economic challenges. He criticized the current administration’s “palliative” approach, suggesting that it lacks a well-thought-out plan to ease the financial strain on Nigerians. Atiku stated […]