Economy

FG secures 1bn dollars funding from SPDC to develop Niger Delta — Osinbajo

By Wahab Akanji, Abuja The Federal Government has secured funding of over 1 billion dollars from Shell Petroleum Development Company (SPDC) to develop the Niger Delta region, acting President Prof. Yemi Osinbajo, has announced.

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Dogara assures, says recession will soon be over

By Wahab Akanji, Abuja Speaker of the Federal House of Representatives, Mr. Yakubu Dogara has said that the Federal Government has put necessary measures in place to end the recession being experienced in the country.

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Osinbajo assures, says recession will soon be over

By Wahab Akanji, Abuja Acting President Yemi Osinbajo has reassured Nigerians that the economic hardship brought about by the recession in the country will soon be over.

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Osinbajo to Nigerians: ‘We agree with you, things are bad’

By Wahab Akanji, Abuja Acting President, Professor Yemi Osinbajo has reacted to series of protests embarked upon by Nigerians in Lagos and Abuja, saying the Federal Government is aware that the nation’s economic is biting hard on the people of the country.

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NLC tells Buhari that Nigerians are suffering, unable to feed

By Wahab Akanji, Abuja The Nigeria Labour Congress (NLC) has drawn the attention of the Federal Government to current realities in the country which it said suggests that Nigerians, especially the working class cannot longer afford one good meal per day.

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‘I am now in charge of Rivers revenue mobilisation drive’, says Wike

By Tom Amakri, Port Harcourt Rivers State Governor, Nyesom Ezenwo Wike has stated that he is now fully in charge of revenue drive in the state.

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IMF says Africa 2016 economic growth lowest in 20 years

By Abimbola Fashakin, Lagos The Managing Director of the International Monetary Fund (IMF), Ms Christine Lagarde HAS stated that Sub-Saharan Africa economic outlook recorded the lowest economic growth in 2016, saying it is the lowest in 20 years.

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Why Agriculture remains our only panacea to economic recovery- Aregbesola

Wasiu Popoola Nigeria’s enduring economic recovery will only materialize only when the country revitalizes her investments in agriculture and make it a venture that attracts the bulk of the most productive segment of the population.

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Obi admits, Okonjo-Iweala, Sanusi begged us to save but we refused

By Wahab Akanji, Abuja Former Anambra State Governor, Mr. Peter Obi has admitted that governors under the Goodluck Jonathan administration refused to save for a rainy day.

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Diezani Alison-Madueke refutes EFCC $153 Million fraud, other allegations

I have up till now chosen to maintain my silence and not to respond to inaccurate press reporting. However, given the level of deliberate inaccuracies, I am now forced to respond because it is clear that the EFCC is taking advantage of my silence to try me by media and to convict me in the eyes of the public on ...

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