Adeboye Says God Prevented Naira from Dropping to ₦10,000 per Dollar
Pastor E.A. Adeboye, the General Overseer of the Redeemed Christian Church of God (RCCG), recently shared his thoughts on Nigeria’s economic struggles, especially the falling value of the naira. Speaking at the Special Holy Ghost Congress in Abuja, Adeboye said that if it hadn’t been for God’s intervention, the naira might have plummeted to ₦10,000 […]
Shehu Sani and Ndume Disagree on President Tinubu’s Proposed Tax Reform
The debate over President Tinubu’s proposed tax reform bill is causing division among Nigerian lawmakers, especially between two former Senators—Shehu Sani and Mohammed Ali Ndume. Sani, who once represented Kaduna Central, argues that the tax reform is in the best interest of the Northern region, contrary to concerns expressed by some northern lawmakers and elites. […]
HURIWA Claims Tinubu Uses Fuel Price Hikes to Enrich His Cronies
The Human Rights Writers Association of Nigeria (HURIWA) has raised serious concerns about the ongoing rise in fuel prices, claiming that it is part of a deliberate agenda by President Bola Tinubu to benefit his close associates. HURIWA argues that these constant price hikes are not driven by market forces but are part of a […]
Don’t Reverse Current Reforms, World Bank Tells FG
The World Bank has advised the federal government not to reverse the ongoing economic reforms. According to the World Bank, rolling back these changes could lead to negative consequences for Nigeria’s economy. One of the key reforms, the removal of fuel subsidies, along with the end of multiple exchange rate systems, were policies introduced by […]
Tinubu Leaves the UK for France as Nigerians Express Frustration Over Rising Fuel Prices
President Bola Ahmed Tinubu has left the United Kingdom for Paris, France, amidst growing frustration in Nigeria over rising fuel prices and worsening economic conditions. The president’s departure, confirmed by Ibrahim Kabir Masari, his Senior Special Assistant on Political and other matters, follows more than a week spent in the UK on a working vacation. […]
Peter Obi Urges Tinubu to Revert Sudden Fuel Price Increase by NNPC
Peter Obi, the 2023 presidential candidate for the Labour Party, has publicly urged President Bola Tinubu to reverse the recent fuel price hike imposed by the Nigerian National Petroleum Company Limited (NNPCL). In a statement released on social media platform X, Obi labeled the sudden increase in fuel prices as insensitive and unfortunate, emphasizing that […]
Femi Falana Calls Out NNPCL for Illegal Petrol Price Fixing, Citing Violation of Petroleum Industry Act
In recent developments, prominent human rights lawyer, Femi Falana, has publicly criticized the Nigeria National Petroleum Company Limited (NNPCL) for fixing petrol prices, which he says is a violation of the Petroleum Industry Act (PIA). Falana’s critique has sparked significant debate, particularly given the rising fuel prices that have unsettled Nigerians in recent months. At […]
Cabinet Reshuffles Won’t Change Anything: Buba Galadima Critiques Tinubu’s Appointees for Self-Interest
In recent discussions about Nigeria’s political landscape, Buba Galadima, a significant figure in the New Nigeria Peoples Party (NNPP), has expressed sharp criticism of President Bola Tinubu’s planned cabinet reshuffle. Galadima argues that this political maneuver will not bring any meaningful change to the pressing economic challenges facing ordinary Nigerians. The presidency has recently announced […]
Naira Ranks Among World’s Worst Performing Currencies
Recent reports have highlighted a troubling trend for the Nigerian naira, which has been listed among the ten worst performing currencies in the world, according to Bloomberg. This ranking reflects broader economic challenges faced not only by Nigeria but also by several other African nations. In the global economy, currency performance is often a reflection […]
Nigeria is Basically Bankrupt, and the Federal Government is Outdated – Obaseki
Edo State Governor, Godwin Obaseki, recently stated that Nigeria is “basically bankrupt” and urged the Federal Government to implement much-needed structural reforms to ensure the country’s economic growth. During an interview on Politics Today, a Channels Television program, on Thursday evening, Obaseki criticized the way Nigeria’s finances are managed. He pointed out that the government is […]