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Most vulnerable Nigerians get N23.7 billion from Abacha loot, says MANTRA

April 25, 2020 Leave a comment 26 Views

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 ...

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Energy economists seek escape route for Nigeria over falling oil prices

April 25, 2020 Leave a comment 26 Views

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 ...

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ICT experts canvass 2 million capacities in three years to rejig economy

April 25, 2020 Leave a comment 18 Views

Information and communications technology (ICT) experts have canvassed building of two million ICT capacities in different sectors for the next three years to revive the nation’s economy. Urging the Federal Government to urgently diversify the economy, they said Nigeria should ...

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It’s time to take tough decisions, revisit Oronsaye’s report, stakeholders insist

April 25, 2020 Leave a comment 40 Views

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, ...

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Katsina records 20 cases of COVID-19, one death, Delta has six

April 25, 2020 Leave a comment 4 Views

Katsina State has recorded five additional cases of coronavirus bringing the number of confirmed cases to 20. The new active cases were revealed in the routine update of information released by the Nigeria Centre for Disease Control (NCDC) late Wednesday ...

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Experts want government to prioritise nation’s economic diversification

April 25, 2020 Leave a comment 26 Views

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 ...

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How to avert bankruptcy in Nigeria post-COVID-19, by experts, seek end to plundering of nation’s wealth

April 25, 2020 Leave a comment 23 Views

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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‘Nigeria needs to review its foreign policies, strengthen agriculture’

April 25, 2020 Leave a comment 5 Views

A Calabar, Cross River-based philanthropist, Ben Akak has declared that Nigeria needed to review it foreign policies and strengthen its agricultural sector in view of the current crisis in the country’s political-economic space and its over-dependence on oil. He stressed ...

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Buhari condoles with accountant general over father’s death

April 25, 2020 Leave a comment 16 Views

President Muhammadu Buhari has condoled with the Accountant General of the Federation, Ahmed Idris, over the death of his father, Alhaji Hussain Idris. In a statement signed by his Senior Special Assistant on Media and Publicity, Garba Shehu, the president ...

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Observe social distancing while seeking Ramadan moon, NSCIA advises Muslims

April 25, 2020 Leave a comment 16 Views

The Nigerian Supreme Council for Islamic Affairs (NSCIA) has called on Muslims to observe social distancing when searching for the moon in respect of this year’s Ramadan. It specifically advised faithful to remain indoors and shun crowds. The council’s Deputy ...

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