Learn to manage, switch off your lights – Tinubu tell Nigerians

During a recent media chat in Lagos, President Bola Tinubu advised Nigerians to manage their electricity use in order to lower their bills. He suggested that switching off lights when they are not needed could help reduce energy consumption and save money. He emphasized the importance of learning how to control costs, saying, “It’s not […]

Nigeria’s Oil Imports Plunge by 35% in Q2 – CBN Report

Nigeria saw a big shift in its oil imports during the second quarter of 2024, with a 35% drop compared to the first quarter. According to the Central Bank of Nigeria’s (CBN) latest economic report, oil imports fell to $2.79 billion from $4.31 billion in Q1. This decline is part of Nigeria’s ongoing economic adjustments […]

Dangote Refutes NNPCL’s Claim of Selling Petrol at ₦898 Per Litre

The Dangote Refinery has denied reports from the Nigerian National Petroleum Company Limited (NNPCL) that it sold petrol to them at a high price of ₦898 per litre. According to a statement made on Sunday, Anthony Chiejina, a spokesperson for the Dangote Refinery, dismissed NNPCL’s claim, calling it both “misleading” and “deceitful.” He said,  “Our […]

President Tinubu Stands Firm on Fuel Subsidy Removal to Curb Greed

In a recent nationwide address, President Tinubu addressed the issue of fuel subsidies. Despite widespread calls to bring them back, he stood firm in his decision to keep them removed. President Tinubu acknowledged that the removal of the fuel subsidy was a difficult and painful choice. However, he explained that it was a necessary step […]

Nigerian Government Aims to Convert 1 Million Vehicles to CNG by 2027

The Nigerian government, under the leadership of President Bola Ahmed Tinubu, has set a target to convert one million vehicles to Compressed Natural Gas (CNG) by the year 2027. Babajide Awolowo, the Strategic Business Education Adviser for the Presidential Initiative on CNG, disclosed this goal during a stakeholders’ forum held in collaboration with the Kogi […]

One Year in Office: Poor Policy Decisions Hurt Nigerian Economy

Over the past year, Nigerians have faced increased suffering as President Bola Ahmed Tinubu’s eight-point agenda has not effectively addressed rising inflation, unemployment, and a declining GDP. President Tinubu’s administration has promised improvements, but issues like unemployment, inflation, and GDP remain problematic. His notable “Fuel Subsidy is Gone” statement on May 29 led to the […]

Governor Obaseki Increases Minimum Wage to N70,000

Obaseki had announced a N70,000 minimum wage, an increase from the N40,000 paid previously by his government. Edo State Governor, Godwin Obaseki Governor Godwin Obaseki of Edo State announced an increase in the minimum wage from N40,000 to N70,000 to better match the current economic conditions in Nigeria. He explained that the value of the […]