Dele Alake, the Minister of Solid Minerals Development, has announced that Nigeria’s National Gold Purchase Program (NGPP) has significantly boosted the country’s foreign reserves by over $5 million through its first commercial transaction. This initiative, overseen by the Solid Minerals Development Fund, has successfully refined more than 70 kilograms of […]
President Bola Tinubu has directed that civil servants who relocate abroad while still drawing salaries from the Nigerian government must refund the money received. The President also ordered that supervisors and department heads complicit in approving these payments be punished for their roles in perpetrating the fraud. The directive was […]
The Academic Staff Union of Universities (ASUU) has issued a heartfelt plea to President Bola Tinubu to swiftly sign and implement the renegotiated 2009 ASUU-FGN agreement, warning that failure to do so could plunge Nigeria’s public universities into a severe crisis. The union’s Coordinator for the Lagos Zone, Prof. […]
Nigeria’s total public debt reached N121.67 trillion (equivalent to 91.46 billion dollars) as of March 2024, according to the Debt Management Office (DMO). Director-General Patience Oniha disclosed that this debt encompasses both external and domestic borrowings by the federal government, 36 state governments, and the Federal Capital Territory (FCT). Specifically, […]
Former presidential candidate and prominent Nigerian politician, Mr. Peter Obi, has sharply criticized the government led by Bola Tinubu, stating that Nigeria’s deep-rooted problems require concrete solutions, not excuses. In a statement posted on his social media handle on Friday, Obi lamented the state of affairs in Nigeria, labeling it […]
President Bola Tinubu has expressed his condolences to the Asholyio people of Southern Kaduna, Kaduna State, following the passing of His Highness, Dr. Tagwai Sambo, the Chief of Moroa. The Presidential spokesman, Ajuri Ngelale, conveyed that the late traditional ruler served for an impressive 58 years on the throne, marking […]
President Bola Tinubu’s recent remarks addressing Nigeria’s economic challenges and poverty have sparked criticism from opposition figures and political parties, notably former Vice President Atiku Abubakar and the Labour Party (LP). Tinubu, speaking in Lagos during a visit from a National Assembly delegation, acknowledged the prevalence of poverty and suffering […]
The Federal Government and Peter Obi, the Labour Party presidential candidate, have clashed following Obi’s criticism of the Federal Government’s intention to acquire new aircraft for the presidential fleet amid economic challenges in Nigeria. Obi denounced the proposed purchase as insensitive, pointing to the prevailing economic hardships exacerbated by government […]
The Presidency has reiterated its commitment to the proposed N62,000 minimum wage despite opposition from Organised Labour, asserting that a higher demand of N250,000 would strain government resources and impact other sectors negatively. The Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga, emphasized in an exclusive […]
As Muslims across Nigeria marked Eid-el-Kabir on Sunday, prominent leaders including President Bola Tinubu, former President Muhammadu Buhari, the Sultan of Sokoto, Sa’ad Abubakar, and the President of the Christian Association of Nigeria (CAN), Archbishop Daniel Okoh, used the occasion to address the pressing economic challenges facing the nation. President […]
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