2023: Tame inflation, insecurity, fuel subsidy, experts tell government

• Warn on wrong steps ahead of elections • It’s significant year for Nigerians, says Ajibola • ‘How electoral outcome will determine economic progress’ • Inflation, cost of living crisis among major challenges Stakeholders across business communities have said insecurity, financial leakages, free fall of naira, rising debt, and other factors could stall economic progress, as the country heads into […]

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INEC: Presidential Poll Results to Be Collated at ICC in Abuja

*Yakubu named chief electoral officer  *Collection of PVCs starts Sunday at 8,809 registration areas/wards The Independent National Electoral Commission (INEC), yesterday, announced that the February 25 presidential election results would be collated at the International Conference Centre (ICC), Abuja. INEC also named its chairman, Professor Mahmood Yakubu, as the chief electoral officer for the presidential election. In a statement by […]

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Onochie promises to turn NDDC around as Niger Delta minister inaugurates Board

Minister of Niger Delta Affairs, Umana Okon Umana, has urged newly inaugurated Board of the Niger Delta Development Commission (NDDC) to shun impulsive award of new contracts. This is as the new Chairman of the Commission, Lauretta Onochie, promised that the new board will turn things around by reviewing existing policies and guidelines to enable it have a clear sight […]

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FG: Incoming Administration Will Inherit N77trn Debt

•Ahmed reiterates Nigeria not planning debt restructuring, restates commitment to obligations •Country lost N6trn to tax incentives in 2021, moves to phase out pioneer incentives •Says finance bill will be signed into law in few days  •80.6% of revenue spent on debt service in 11 months The federal government has revealed that the incoming administration would inherit about N77 trillion […]

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Poverty Has A Foothold In Nigeria, Yet Solutions Are Not Being Discussed

The 2023 elections loom, with politicians making campaign promises that offer hope. Yet, poverty – probably the biggest threat to Nigerians today – has gone unaddressed. In October, the World Bank released its “Poverty and Shared Prosperity” report outlining progress in the global fight against extreme poverty. According to the report, the world is unlikely to meet the goal of […]

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Tinubu: No Matter How Long You Protest, I’ll Remove Subsidy

Presidential Candidate of the All Progressives Congress (APC), Bola Tinubu, has said there was no going back on fuel subsidy removal if elected president next year. Tinubu, who stated this while speaking at the business luncheon with business owners titled: “Business Forward” yesterday in Lagos, hinted that, no matter how long people protest, it would not stop him from removing […]

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Wike vows to announce preferred candidates January

The Governor of Rivers state, Nyesom Wike, has promised to announce his preferred candidate in the forthcoming 2023 general election, on January. Wike disclosed this during the commissioning of the tenth flyover at the Obio-Akpor Local Government Area of Rivers. “From January next year, I will campaign to my people whom they will vote for. So all of you who […]

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Fuel scarcity: Depots dry up, Nigerians face bleak Christmas

The queues for Premium Motor Spirit, popularly called petrol, which were gradually abating recently, suddenly re-emerged on Wednesday in many cities, including Lagos and Abuja. The development clearly shows that Nigerians face bleak Christmas as fuel scarcity has started taking a toll on motorists, who have hiked their fares. It was gathered that many depots were currently running out of […]

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Okupe’s fraud conviction won’t stop Peter Obi – Adeyanju, Ibegbu

The Labour Party, LP, campaign Director-General, Doyin Okupe was on Monday convicted for fraud. DAILY POST reports that an Abuja Federal High Court sentenced Okupe to two years imprisonment for breaching the money laundering act. Okupe was found guilty of 26 out of the 59 count charges preferred against him by the Economic and Financial Crimes Commission (EFCC). Justice Ijeoma […]

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