By Onwe Wisdom The Director General of Industrial Trust Fund, Dr Afiz Oluwatoyin has Emphasized the agency’s commitment to pursuing and bringing to fruition the President Bola Ahmed Tinubu’ renewed hope agenda…
Category: Economy
STATE OF THE ECONOMY UNDER BOLA AHMED TINUBU: Tinubu voracious borrowing without accountability, an old problem taking new dimension
By Chief Peter Ameh Yesterday, things were bad under Buhari, but they are now worse under Tinubu. Wale Edun, a long-standing ally of President Tinubu and the current minister of finance and…
Senate calls for public hearing on unclaimed dividend funds
Senate Committee on Capital Market is inviting concerned stakeholders and general public to a one-day Public Hearing on “Uncleared Dividend Funds” and Investment Clinic to enable it gather input from relevant…
NUPRC Louds Tinubu commitment to oil and gas sector, cites low investment as a major challenge
By Onwe Wisdom Nigeria Upstream petroleum Regulation Commission (NUPRC) has lauded president Bola Tinubu’s commitment to the sector, citing insecurity and low investment as a major challenge of the sector. The Commission…
MOFI sues for investment mobilization to drive industrialization of agriculture, other sectors
By Onwe Wisdom The Ministry of Finance Incorporated (MOFI) has sued for investment mobilization to drive industrialization of the agricultural sector, says some key DFI and portfolio like Bank of Industry, …
Rt. Hon. Ogundoyin Mobilizes State Assembly to End Malnutrition and Food Insecurity, Harps on collaboration with Stakeholders and Expert
By Onwe Wisdom In an intensive frontier to ending malnutrition and food insecurity in the country, the Chairman of Conference of Speakers of state Legislatures, Rt. Hon. Adebo Ogundoyin has mobilized his…
FG Assures Nigerians of efficient use of the N6.2 trillion 2024 extra-budgetary proposal
By Onwe Wisdom The Federal Government has assured Nigerians of its commitment to efficiently use the N6.2 trillion 2024 supplementary budget in turning around the country’s infrastructure. The assurance was given today…
Deputy Speaker Kalu charges Joint Petroleum Committees to hold dearly the sacred principles of transparency, fairness, justice and professionalism
By Onwe Wisdom Orders NMDPRS, Dangote,Marketers to stop media attacks pending conclusion of investigation The Deputy Speaker Rt.Hon. Benjamin Kalu has charged the newly constituted Joint Petroleum Committees on Midstream and Downstream…
Mandating NIMASA to provide security could lead to conflicts in responsibilities between NIMASA and the Navy-CNS Ogalla
Chief of Naval Staff, Vice Admiral Emmanuel Ogalla has raised concern on behalf of the Nigerian Navy during a public hearing on a bill to repeal the 2007 Act that established…
Conflicting Claims on Dangote Refinery Products: Speaker Abbas Emphasized the Need for Further Investigation
Dangote Refutes Alleged Sub-standard Product at Refinery During Reps. Visit The Honourable Speaker of the House of Representatives, Rt. Hon. Tajudeen Abba has emphasis the need for further investigation to ascertain the…
Speaker Abbas leads House Leadership Visit to Dangote Refinery, Says is part of the continuous efforts to understand and support key industries within the nation’s economy
…we desire in-depth understanding of the sector – Speaker Abbas Speaker Abbas Tajudeen, Ph.D, leads the leadership of the House of Representatives today Saturday, 20th July paid a familiarization tour to…
CBN directs banks to send funds in dormant accounts, unclaimed balances to apex bank
The Central Bank of Nigeria has directed banks to send funds in dormant accounts, unclaimed balances to apex bank. The CBN hereby issues the revised Guidelines on the Management of Dormant Accounts,…
NMDPRA Chief Rejects Dangote’s Request to Halt Fuel Imports, Exclusive Refinery Patronage
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has firmly rejected a request by billionaire Aliko Dangote to halt fuel imports and direct all oil marketers to exclusively use his…
Senate Enjoins Ministry of finance, Attorney General Office, Revenue Mobilization Allocation and Fiscal Commission to Harmonize Clauses on Bill to Amend Act Establishing RMAFC
By Onwe Wisdom The Nigerian Senate has on Wednesday through it committee on national planning and economic affairs enjoined the trio of ministry of finance, attorney general office and revenue mobilization allocation…
Wike Frustrating Development Efforts in Rivers State ~ Eze
…list economic consequences of Rivers crisis …blames FCT Minister …describes Amaewhule and His stranded compadres as looming detractors Erstwhile National Publicity Secretary of the defunct New People’s Democratic Party (nPDP) and chieftain…
A Nation in Distress: The Imperative of Nationwide Protest Against Economic Hardship and Insecurity
By Iorfa Akpen Nigeria is on the brink of collapse. The country is grappling with unprecedented economic hardship and insecurity, leaving millions of citizens in despair. The disconnect between the government…
Sen. Sani draws support for President Tinubu’s quest to get Nigeria out of economic doldrum, meet Ministers,NNPCL, CBN, others
By Onwe Wisdom …fuel scarcity, NNPCL assures Nigerians of sufficient product. …Nigeria will overcome the current economic challenges and will come out stronger-CBN The Chairman, Senate Committee on Finance, Distinguished Senator Sani…
FUEL, CORRUPTION AND INSECURITY ARE THE BOTTLENECKS IN NIGERIA’S WAY TO PROSPERITIES
Unless and untill Nigeria three governments holistically confront these three monsters frontally,food scarcity,hunger and premature deaths will not leave Nigeria soil. As a fact,Nigeria economy,businesses and earnings are all oil dependent.But…
Coalition lauds NCC’s commitment to telecoms’ sector increase in contributions to nation’s GDP
The Coalition on Transparency and Rule of Law (CTRL) has commended the Nigerian Communications Commission (NCC) for its commitment to the nation’s telecoms sector which has led to an increase in…
Maritime Seminar For Judges Aimed At Promoting Alternative Dispute Resolution In The Sector – NSC Boss
The Executive Secretary/CEO of the Nigeria Shippers Council, Barrister Akutah Pius, has stated that the 17th International Maritime Seminar for Judges, organised by the council in collaboration with the National Judicial…