The recent revelation by the former Director of Planning and Strategy, National Automotive Design and Development Council (NADDC), Luqman Mamudu, that Nigeria relies on imports of used automotive parts and substandard new ones with an import bill of $3.3 billion annually, is not only worrisome but also deplorable. In an overview of the country’s auto industry, Mamudu, who is the Read More
The appeal by President Bola Ahmed Tinubu to the European Union to support Nigeria and other African countries to strengthen security and achieve economic development to reduce poverty could not have come at a better time. The call is quite timely and germane, considering the removal of subsidy on petroleum products in Nigeria, which has exacerbated the hardship in the Read More
Nigeria celebrated its 63rd anniversary as an independent nation yesterday on a lowkey. It also declared today as a work free day to mark the occasion. October 1, 1960 saw the exit of British rulers after close to a century of colonisation, followed by wild jubilations across the length and breadth of the country. The day held high hopes for Nigerians Read More
The appeal by President Bola Ahmed Tinubu to the European Union to support Nigeria and other African countries to strengthen security and achieve economic development to reduce poverty could not have come at better time. The call is quite timely and germane, considering the removal of subsidy on petroleum products in Nigeria, which has exacerbated the hardship in the country Read More
Today is being observed by the global community as the World Tourism Day. The day was set aside by the United Nations Tourism Organisation in 1980. The cardinal objective of the celebration is to sensitise the entire world to long-term planning and development, as well as harnessing the multiple benefits from tourism. The theme of this year’s commemoration is “Tourism Read More
The disclosure last week of the depleting number of justices of the Supreme Court, which is negatively affecting their ability to deliver on their constitutional mandate as the court of last instance, is quite worrisome. This is as Justice Amina Adamu Augie formally bowed out of Nigeria’s apex court, with a call on the National Assembly to carry out a Read More
Not too long ago, a revelation that one senior citizen dies every 20 minutes from falling might have gone unnoticed by many Nigerians but it once again brought to the fore, the urgent need to address the plight of the elderly in our society. Recent statistics have shown that three aged people die every hour, 72 on daily basis and Read More
A few years back, the Association of Master Bakers and Caterers of Nigeria (AMBCN) was on point when it said the revival of the cassava bread initiative was capable of reflating the economy with about N255bn annually. The association was convinced that the initiative, which involved the use of composite flour containing 10 per cent cassava flour for baking bread, Read More
The recent appeal by the then President Muhammadu Buhari to leaders of the Global South to agree on a common agenda on ways to reduce the increasing burden of debt and inflation on that region of the world was not only timely but also inevitable considering the huge debt burden impeding the development of these countries Addressing the Global South Read More
Data from the National Bureau of Statistics (NBS) indicating that 28 sectors of Nigeria’s economy declined in the second quarter of 2022 as real Gross Domestic Product shrunk by N63.49 billion quarter-on-quarter is quite disturbing. The report portends a gloomy picture for an economy that has relapsed into three recessions within fours. According to the NBS data, while real GDP Read More
A couple of days ago, the continent’s apex football governing body, the Confederation of African Football (CAF), released the list of referees that will participate in the forthcoming 34th edition of the Africa Cup of Nations (AFCON) billed to hold in Cote d’Ivoire from January 13 to February 11, 2024. A total of 85 match officials have been picked to Read More
In recent times, the National Agency for Food and Drug Administration and Control (NAFDAC) has been up and running in its determination to save Nigerians from themselves through what they eat. The agency has been in its campaign to dissuade them from the habit of consuming fruits ripened with dangerous chemicals. Attention now need to be shifted to consumption of Read More
Barely a fortnight after President Bola Ahmed Tinubu declared an immediate State of Emergency on food insecurity to tackle the increase in food prices, his spokesperson said, Nigeria has mobilised over half a billion dollars for innovative, profitable, equitable and sustainable food systems transformation initiatives. This development, indeed, portends a good omen for the agriculture sector. Vice President Kashim Shettima made the Read More
The prediction by analysts that following the cut in crude oil production by the Organisation of Petroleum Exporting Countries and others (OPEC+) analysts Brent prices could hit $100 by the end of this year as the new 1 million barrels a day (bpd) production cut Saudi Arabia announced on recently could further tighten the oil market is quite cheering for Read More
Reports that the World Bank has raised the poverty line to $2.15 (N936.32) from $1.90 (N827.45), effective September 2022 should, everything being equal, be a cause to cheer, especially by the poor and vulnerable across the world, particularly Nigeria, where hyperinflation has eroded the purchasing power of the citizenry and worsened the poverty situation. The new poverty benchmark by the Read More
Data from the National Bureau of Statistics (NBS) indicating that 28 sectors of Nigeria’s economy declined in the second quarter of 2022 as real Gross Domestic Product shrunk by N63.49 billion quarter-on-quarter is quite disturbing. The report portends a gloomy picture for an economy that has relapsed into three recessions within fours. According to the NBS data, while real GDP Read More
A survey carried out by a national daily exposing the neglect and rot in the primary healthcare sub-sector is a sad commentary which the states and the local government councils should feel sick about. The investigation further exposed the two tiers of government as not only irresponsive to the health needs and challenges of their people but also insensitive to Read More
Recently, the United Nations International Children’s Emergency Fund (UNICEF) ruffled feathers in the healthcare sector with the disclosure that in every 10 minutes of the day, one Nigerian woman loses her life as a result of pregnancy-related complications. On the average, about 52, 560 women die annually during pregnancy or at childbirth. About 50 per cent of pregnant women and Read More
The recent appeal by the then President Muhammadu Buhari to leaders of the Global South to agree on a common agenda on ways to reduce the increasing burden of debt and inflation on that region of the world was not only timely but also inevitable considering the huge debt burden impeding the development of these countries Addressing the Global South Read More
The alert to the authorities at the National Emergency Management Agency (NEMA) on a possible flooding along the River Benue basin in a few days due to the imminent release of water from the Lagdo Dam in Cameroon should be taken with all the seriousness it deserves in order to avert its cataclysmic effect. The Ministry of Foreign Affairs issued Read More
During the past administration of Dr. Goodluck Jonathan, plans were put in place to install surveillance cameras in major cities and towns as a way of boosting security especially in public places. The idea was received in several quarters with mixed feelings, the reason being that it was not the first time the government was embarking on such an initiative Read More
The revelation by the Association of Small Business Owners of Nigeria (ASBON) that the prolonged naira scarcity in the country has forced about 25 million Micro, Small and Medium Enterprises (MSMEs) to either shut down completely or scale down their businesses drastically even to the point of becoming inactive, is quite worrisome. The national president ASBON, Dr. Femi Egbesola, while Read More
The disturbing news from Port Harcourt on Monday was that eight medical facilities in the city refused to treat a gunshot victim taken there for urgent attention. It is even more worrisome that the victim was a police officer who sustained multiple gunshot wounds and his intestines gushed out following a gun battle with criminal gangs.The victim was fortunate to Read More
The prediction by analysts that following the cut in crude oil production by the Organisation of Petroleum Exporting Countries and others (OPEC+) analysts Brent prices could hit $100 by the end of this year as the new 1 million barrels a day (bpd) production cut Saudi Arabia announced on Sunday would further tighten the oil market is quite cheering for Read More
The appeal by President Bola Ahmed Tinubu to the European Union to support Nigeria and other African countries to strengthen security and achieve economic development to reduce poverty could not have come at better time. The call is quite timely and germane, considering the removal of subsidy on petroleum products in Nigeria, which has exacerbated the hardship in the country Read More
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