We Will Do Everything to Save Nigeria – VP Shettima
Vice President Kashim Shettima has assured Nigerians that the government is dedicated to protecting the nation from failure. He emphasized that President Bola Ahmed Tinubu’s administration will do whatever is necessary to prevent Nigeria from collapsing. Shettima made this statement during the 17th Annual Banking and Finance Conference in Abuja, organized by the Chartered Institute […]
Man Responds as His Predictions for Nigeria Come True, Leading Nigerians to Request More Forecasts
In April 2023, a data analyst shared some bold predictions about Nigeria’s future on X. He forecasted that the removal of the fuel subsidy would lead to record-breaking inflation, cause many companies to fail, and force the government to raise taxes to replace lost revenue. Fast forward to September 2024, and his predictions have largely […]
Why Cement Prices in Nigeria May Remain High
Nigerians hoping for a reduction in cement prices might be disappointed due to several economic factors. The depreciation of the Naira and rising inflation are major contributors to the high cost of cement. One significant issue is smuggling. Cement is being smuggled into neighboring countries like Chad and Cameroon, where a 50kg bag can cost […]
Nigerian Government Holds Emergency Meeting Over Planned August 1 Protest
The Nigerian government has called for an urgent meeting with ministers to discuss the nationwide protest planned for August 1, 2024. This meeting, set for July 24, 2024, at 10 am, will take place at the Office of the Secretary to the Government of the Federation Conference Room. President Bola Ahmed Tinubu, through the Minister […]
Tinubu Asks Nigerians to Cancel Planned Protest Against Bad Governance
President Bola Tinubu has made a public appeal to Nigerians, urging them to cancel a planned protest against bad governance. The protest is scheduled to begin next month and has gained significant support on social media. Government’s Request for Patience Information Minister Mohammed Idris conveyed the President’s message after a meeting at the State House […]
US Election: Trump Criticizes Biden Over Inflation
Former US President Donald Trump has accused President Joe Biden of causing economic hardship for Americans through his policies. According to Trump, Biden’s handling of the economy has led to significant inflation, making life difficult for many. Trump asserted that Biden has mismanaged the US economy, resulting in disastrous inflation rates. He highlighted that the […]
Tinubu Inherited a Struggling Economy, Presidency Tells New York Times
The Presidency has responded to a New York Times report that criticized Nigeria’s economy as being in its worst state in a generation. Bayo Onanuga, Special Adviser to the President on Information and Strategy, reacted on Sunday, stating that the report was biased and failed to acknowledge the positive steps being taken. Onanuga argued that […]
Workers Want Higher Pay! NLC Explains Reason Behind -₦400,000 Minimum Wage Demand.
The head of Nigeria’s labor union, NLC, is asking the government to raise the minimum wage to over ₦400,000.He says this is because the current minimum wage is very low and can’t afford basic necessities. Some people might worry that raising the minimum wage will make prices go up even more (inflation).The NLC leader says this is […]
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 […]