Tag Archives Economy

COVID-19: Nigeria’s Economy too Fragile for Fresh Lockdown —Buhari
COVID-19: Nigeria’s Economy too Fragile ...

COVID-19: Nigeria’s Economy too Fragile for Fresh Lockdown —Buhari

President Muhammadu Buhari says Nigeria’s economy is too fragile to enforce a fresh COVID-19 lockdown. He however, called on Nigerians to obey all protocols recommended by health authorities to curtail the spread of the lethal coronavirus. Buhari, who stated this on Thursday via his verified... read more »

IMF Raises Concerns Over Effects of #EndSARS Protests on Nigeria’s Growth Projection
IMF Raises Concerns Over Effects of #End...

IMF Raises Concerns Over Effects of #EndSARS Protests on Nigeria’s Growth P...

International Monetary Fund (IMF) has warned that the projected economic growth for Nigeria may not be realized on the strength of the #ENDSARS protest. The organization expressed serious concern over the state of the nation as the protests continue. While answering questions during the virtual IMF... read more »

Atiku Abubakar Berates Buhari Over 2021 Proposed Budget  
Atiku Abubakar Berates Buhari Over 2021 ...

Atiku Abubakar Berates Buhari Over 2021 Proposed Budget  

Former Vice president Atiku Abubakar has taken a jibe 2021 budget proposal submitted to the National Assembly by President Muhammadu Buhari on Thursday. He said the N13.08 trillion 2021 budget proposal contravened the Fiscal Responsibility Act. The flagbearer of the Peoples Democratic Party (PDP),... read more »

BREAKING: Buhari to Present 2021 Budget on Thursday
BREAKING: Buhari to Present 2021 Budget ...

BREAKING: Buhari to Present 2021 Budget on Thursday

  President Muhammadu Buhari will present the 2021 Appropriations Bill to a Joint session of the National Assembly on Thursday. Buhari’s letter of request was read during plenary by Senate President, Ahmad Lawan, in Abuja. The letter reads: “May I crave the kind indulgence of the... read more »

Breaking: Nigerian FEC Approves N13.08tn Budget for 2021
Breaking: Nigerian FEC Approves N13.08tn...

Breaking: Nigerian FEC Approves N13.08tn Budget for 2021

  The Nigerian Federal Executive Council (FEC) has projected a N13.08 trillion budget for the 2021 fiscal year. Speaking to State House Correspondents after the weekly virtual FEC meeting presided over by President Muhammadu Buhari, the Minister for Finance, Budget and National Planning, Mrs.... read more »

BREAKING: Buhari to Present 2021 Budget Next Week

BREAKING: Buhari to Present 2021 Budget Next Week

  President Muhammadu Buhari will present the 2021 Appropriations Bill to a joint session of the National Assembly next week. Senate President, Ahmad Lawan, made the disclosure in his... read more »

Nigeria: NLC Insists on Strike Commencing 28th Sept. 2020

Nigeria: NLC Insists on Strike Commencing 28th Sept. 2020

The Nigerian Labour Congress has doubled down on its position that there will be a Nation-wide strike from the 28th of September 2020 unless their demands are met. In a post shared on their... read more »

Subsidy not Sustainable with 60% Revenue Reduction, says Osinbajo

Subsidy not Sustainable with 60% Revenue Reduction, says Osinbajo

Vice President Yemi Osinbajo has said federal government can no longer afford to sustain fuel subsidy with 60 percent reduction in revenue generation. Osinbajo made the remark at a virtual... read more »

FG Gets New Order to Stop Planned NLC, TUC Strike

FG Gets New Order to Stop Planned NLC, TUC Strike

  The Federal Government has obtained a new order against the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) from going on with their plan to commence a nationwide... read more »

FG, Labour to Meet Thursday Over Strike Action to Protest Electricity Tariff, Fuel Price Hike

FG, Labour to Meet Thursday Over Strike Action to Protest Electri...

The Federal Government is set to meet with the Nigeria Labour Congress (NLC), and Trade Union Congress (TUC), on Thursday in an attempt to avert the planned indefinite strike by the organised labour... read more »