Submitted by AkinfeAyo on Tue, 02/20/2024 - 19:04
MEN of the Zamfara State Transport Agency (Zarto) have stopped 50 trucks conveying foodstuffs out of the country to neighbouring Niger Republic as part of a clampdown on traders seeking to exploit the ongoing scarcity across the country.
Submitted by AkinfeAyo on Tue, 02/20/2024 - 14:46
NIGERIA'S ingoing economic crisis characterised by soaring inflation could get worse as the federal government is considering scrapping electricity subsidies over the coming days to shore up its dwindling finances.
Submitted by AkinfeAyo on Tue, 02/20/2024 - 12:34
NIGERIA'S planned friendly against Argentina that was due to take place at China's Olympics Sports Centre in Hangzhouom between March 18 and 26 looks to have now been rescheduled to take place in the US.
Submitted by AkinfeAyo on Tue, 02/20/2024 - 11:46
Ayo Akinfe
[1] Create a Presidential Anti-Inflationary Directorate (Paid) headed by a leading economist like Lamidi Sanusi, Arunma Oteh, Emmanuel Nnadozie, Obiageli Ezekwesili, etc
[2] Ringfence certain staples like gari, rice, pepper, tomatoes, onions, yam, cooking oil, cassava, etc. Put them on what should be termed the Exclusive Food List (EFL)
[3] Place the distribution of all items on the EFL under the control of Paid
Submitted by AkinfeAyo on Mon, 02/19/2024 - 15:40
PRESIDENT Luiz Inácio Lula da Silva of Brazil has offered to strengthen his country's economic ties with Nigeria with plans that include introducing direct flights in a bid to bring the volume of trade between both nations back up to the $10bn figure at which it once stood.
Submitted by AkinfeAyo on Mon, 02/19/2024 - 14:19
PRESIDENT Tinubu's policies have been blamed for the current economic crisis in the country by the Catholic Bishops Conference of Nigeria (CBCN) which asserts that the administration's reforms are responsible for today's runaway inflation.
Submitted by AkinfeAyo on Mon, 02/19/2024 - 11:39
NIGERIA'S Super Eagles have been valued as the 10th most expensive national team in the world with a net worth of at €451.6m in a recent global evaluation that put them up there alongside the big sides of Europe and South America.
Submitted by AkinfeAyo on Mon, 02/19/2024 - 10:06
Ayo Akinfe
[1] From henceforth, the Nigerian Delta Development Corporation (NDDC) will become a quasi-government body with 50% of its directors coming from the private sector
[2] The NDDC will have 10 public sector directors, one from each of its nine member states and one representing the federal government. They will sit on the board along with the 10 private sector directors
Submitted by AkinfeAyo on Sun, 02/18/2024 - 14:15
NIGERIAN trade unions and the federal government have made some progress in their talks about resolving the ongoing cost of living crisis wracking the country at the moment after organised labour agreed to lower its demand for a national minimum wage of N1m ($670).
Submitted by AkinfeAyo on Sun, 02/18/2024 - 11:46
Ayo Akinfe
[1] Several states in northern Nigeria have passed laws to ban begging over recent years. On the face of it, such pronouncements may sound laudable but it is just sloganeering unless it is backed up with a plan to train, rehabilitate and get these beggars into productive endeavours
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