Category: Economy
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“Governor Oborevwori Calls for Revitalization of Refineries to Ease Naira-Dollar Pressure”
By Milcah Tanimu Governor Sheriff Oborevwori of Delta State has emphasized the importance of revitalizing Nigeria’s refineries to alleviate pressure on the naira against the dollar. He expressed optimism that if the country ceases the importation of petroleum products and focuses on domestic refining, it would significantly reduce the strain on the nation’s foreign exchange…
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“Kaduna State’s Debt Dilemma: Unraveling the Paradox of Governance”
By Milcah Tanimu Kaduna State finds itself ensnared in a web of financial intricacies, grappling with the consequences of mismanagement and political intrigue. Recent revelations have brought to light a staggering debt burden, second only to Lagos, exposing the state’s precarious fiscal situation. Of particular concern is the role played by the current occupant of…
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National Grid Experiences Another Collapse, Plunging Nigeria into DarknessMarch 28, 2024
By Milcah Tanimu Nigeria faced yet another setback on Thursday as its national power grid collapsed once again. The Abuja Electricity Distribution Company confirmed the incident via its social media platforms, informing customers about the outage. According to the AEDC, the collapse occurred around 4:28 pm, resulting in widespread power outages across the country. “Dear…
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“Government Urges Focus on Productive Economic Activities Amid Dollar Speculation”
By Milcah Tanimu The government has issued a call to prioritize productive economic activities amidst growing speculation surrounding the dollar. Emphasizing the distinction between currency as a means of exchange and a commodity, authorities urge businesses to engage in meaningful ventures rather than purely speculative practices. The move comes amidst concerns over excessive speculation in…
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Nasarawa and Benue Governors Unite to Address Insecurity and Food Crisis
By Milcah Tanimu Governors from Nasarawa and Benue states have joined forces to tackle the pressing issues of insecurity, food shortages, and economic development in their respective regions. Following a closed-door meeting in Lafia, Governor Hyacinth Alia of Benue State revealed that both states have devised comprehensive strategies aimed at fostering peace, enhancing agricultural productivity,…
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Oluremi Tinubu Inaugurates Digital Economy Center and E-Learning Facilities in Oyo, Encourages Women’s Participation
By Milcah Tanimu Oluremi Tinubu, the wife of Nigeria’s president, played a significant role on Tuesday as she inaugurated a Digital Economy Center and E-learning facilities at Ogbomosho Girls High School. The First Lady emphasized the importance of women’s contributions to the digital revolution for national development and sought the active participation of Nigerian women.…
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FG, TWF-Africa To Build Alliance On Welding Career Devt
From Lateef Taiwo The federal government has assured of its firm commitment to work hand-in-hand with The Welding Federation, TWF, Africa, to explore partnerships for the over all development of welding profession in the country. Minister of State for Steel Development, Uba Maigari Ahmadu, gave the assurance Tuesday during his opening remarks at the 2nd…
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Economic Hardship: FG To Grant 200 MSMEs Operators N150,000 To Boost Businesses
… Express Tinubu’s plans to give 200 new stores for free in Adire Market Agboola Taiwo Federal Government has disclosed plans to give 200 Micro Small and Medium Scale, MSMEs operators at the 2nd National Expanded MSMEs clinic held on Tuesday in Abeokuta, the Ogun State Capital, a sum of N150,000 each to boost their…
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“Customs to Distribute Seized Rice Amidst Rising Food Prices”
By Milcah Tanimu In response to the escalating food prices and increasing hardship faced by Nigerians, the Nigeria Customs Service, Oyo/Ogun Command, has announced plans for another round of distribution of seized rice and other food items. This initiative aims to alleviate the burden on citizens, pending finalization of modalities by the Federal Government. Following…
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Nasarawa Football in Limbo as Stakeholders Urge Nasarawa FA to Address Administrative Failures
In a recent development, football stakeholders in Nasarawa State have raised concerns over the operational efficiency and organization of the Nasarawa Football Association (NFA), labeling it as the most disorganized Football Association (FA) in Nigeria. Expressing their dismay, stakeholders highlighted the absence of a physical office for the NFA, which hampers effective communication and engagement…