News

Foreign Investors: Here we go again.

The Chinese have become some form of Babylonian trilogy responsible for our entire economic ecosystem. They will fix our roads and rails, build our sea and airports and mine our solid minerals . They will also lend us money to feast on our pleasures while they are working on our hard infrastructure. I [...]

Sun, 10 January 2016


When Abuja became a ’ghost’ city

Abuja, the nation’s capital was a shadow of its boisterous self for eleven straight days as residents literally deserted the city for the yuletide.

METRO observed that despite the economic crunch, there was noticeable absence of people from the usual busy spots due to the Christmas and Ne [...]

Sun, 10 January 2016


FG’s recruitment of 500, 000 teachers: Matters arising

As the federal and state governments collaborate to recruit, train and deploy 500, 000 unemployed graduates and NCE holders to address the chronic shortage of teachers in public primary schools, Godfrey AKON x-rays related issues contiguous to the teaching profession in Nigeria.

< [...]

Sun, 10 January 2016


New electricity tariff in consumers’ interest - FG

Despite the public outcry that has greeted the proposed tariff increase in electricity consumption for residential customers in Nigeria; the federal government has insisted that the new electricity tariff is in the interest of consumers.

Outlining some of the benefits to be derived under the ne [...]

Sun, 10 January 2016


We must re-invent our own economic strategy - Ogbeh

Minister of Agriculture, Chief Audu Ogbeh, has harped on the need for Nigeria to re-invent her own monetary strategy in order to revive its economy.

The minister stated this when he received representatives of the African Development Bank, AfDB, and the International Institute of Tropical Agric [...]

Sun, 10 January 2016


FG moves to check forex demand through agric production

To check the high demand for foreign exchange due to the huge importation of food items into the country, the federal government has said it will support the sustainable local production of agricultural products in the country.

Pegging forex demand at $1.5billion per week, Minister of Agricultu [...]

Sun, 10 January 2016


FG to ban use of wooden poles for electrical installations

In its quest to guarantee public safety while ensuring strict compliance to best practices, the Nigerian Electricity Management Services Authority, NEMSA, has said it will soon ban the use of substandard wooden poles for electrical installations across the country.

The move, which is part of th [...]

Sun, 10 January 2016


FG assures Nigerians, Nothing to fear over Lagarde’s visit

Some Nigerians have expressed fears over the visit of the Managing Director of the International Monetary Fund, IMF, Ms Christine Lagarde, with many seeing it as a bait to lure the country into taken an IMF loan.

These fears were however allayed with President Muhammadu Buhari’s bold decl [...]

Sun, 10 January 2016


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