Elder statesman, Tanko Yakasai, has described renewed calls for true federalism in the country as uncalled for in the prevailing circumstances. He expressed concern over the fall in the price of crude oil, which is the mainstay of the economy, ...
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Niger Delta groups insist on restructuring as oil price falls
As the price of crude oil crashes in the international market due to the coronavirus disease (COVID-19), groups in southern Nigeria, especially the Niger Delta, have called for immediate restructuring of the country. Publicity Secretary of the Pan Niger Delta ...
Read More »Perm sec regrets impact of extortion on delivery of COVID-19 palliatives
The Permanent Secretary in the Federal Ministry of Industry, Trade and Investment, Nasir Sani-Gwarzo, has regretted the alleged extortion of transporters nationwide by security agents, stating that the development was obstructing seamless delivery of relief materials to mitigate the impact ...
Read More »Military attacks Boko Haram hideouts in Borno, kills several insurgents
The military yesterday said the Air Task Force of Operation Lafiya Dole had destroyed Boko Haram locations at Bulawa on the fringes of the Sambisa Forest in Borno State. The air strikes were executed on April 21 2020 following intelligence ...
Read More »Adamawa bars journalists from seat of power over coronavirus as Runsewe warns govs against attacking journalists
Governor Ahmadu Fintiri has banned reporters from the Adamawa State Government House, Yola for fear of infesting employees with the dreaded coronavirus. The embargo comes in the wake of the index case three days ago in the North East state ...
Read More »Most vulnerable Nigerians get N23.7 billion from Abacha loot, says MANTRA
An independent report by the Monitoring Transparency and Accountability in the Management of Returned Assets (MANTRA) has disclosed that N23.7 billion of the recovered $322.5 million Abacha loot had been disbursed to better the poorest households in the country. According ...
Read More »Energy economists seek escape route for Nigeria over falling oil prices
Petroleum and Energy Economists has painted a gloomy picture for the nation’s economy, canvassing cut in the workforce as well as salary at the Federal, State and council levels to cushion the effects of global economic meltdown. They argued that ...
Read More »It’s time to take tough decisions, revisit Oronsaye’s report, stakeholders insist
Stakeholders have urged the nation’s economic managers to take tough decisions bordering on the implementation of the Steve Oronsaye’s 2014 report and diversify the economy. They stated this while responding to the falling prices of oil in the global market, ...
Read More »Experts want government to prioritise nation’s economic diversification
In view of the falling prices of oil in the global market, professionals have charged the Federal Government to prioritise diversification of the nation’s economy to avert crisis in the future. A professor of Industrial Economics at the Imo State ...
Read More »How to avert bankruptcy in Nigeria post-COVID-19, by experts, seek end to plundering of nation’s wealth
Experts have canvassed urgent quick fixes to survive looming fiscal turbulence and possible bankruptcy, as oil prices have fallen to as low as $10 from $70 per barrel in 2019 or 2020 Budget benchmark of $55 per barrel. They said ...
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