MPC shuns bleeding economy, raises interest rate to 18.5%

• GDP growth slows to 2.3 percent in first quarter • Growth claim not real, economists push back • Manufacturing not affected by interest rate hike, Ife claims • Global shocks weigh heavily on African economies, report insists Yesterday was a tough day for the economy with the National Bureau of Statistics (NBS) confirming slower […]

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Buhari seeks Senate’s approval to pay N226bn, $556.8m, £98.5m judgment debts

President Muhammadu Buhari has asked the Senate to approve a request to pay the judgment debt in the sum of $566,754,584.31, £98,526,012.00, and N226 billion. The monies were owed by the Federal Government through the issuance of promissory notes. Buhari’s letter of request was read at plenary by Senate President Ahmad Lawan on Wednesday. As […]

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Firm launches technology that generate clean water from atmosphere

An innovative technology that generates clean sustainable drinkable water from the atmosphere was Monday, launched in Abuja. The water-generating device is a plug and drinks device with the capacity to provide 6000 litres, 900 litres, 220 litres, and 30 litres of clean and sustainable water daily extracted from the atmosphere The President of Watergen, Michael […]

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FG approves national dairy policy, lists achievement in sector

Amid efforts to boost dairy production in the country, the Federal Executive Council (FEC) has approved the National Dairy Policy to guide the operations of this agriculture sub-sector’s value chain. The Minister of Agriculture and Rural Development, Dr. Mohammad Abubakar, disclosed this yesterday, at a media briefing to commemorate the 2023 World Milk Day. Abubakar […]

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How to check incessant building collapse, by stakeholders

Scene of a collapsed building in Apapa, Lagos. Credit: Eniola Daniel As World Interiors Day holds this Saturday, stakeholders in the design and building industry have advised Nigerians against patronising inferior products that contribute to building collapse in the long run. They canvassed a reduction in fire and toxic smoke hazards for the safety and […]

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Concerns as Buhari withholds assent to Sexual Harassment Bill, days to exit

Worried by issues of sexual harassment and rape of children and women in the country, federal lawmakers, in 2016, took steps to reverse the trend by producing a legal instrument that criminalises the acts. Senator Ovie Omo-Agege and 106 senators sponsored a bill, which seeks to prohibit sexual harassment in tertiary institutions in Nigeria. The […]

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Buhari’s fragile pieces: Governance sans rule of law – 2

Evidence abounds globally that the rule of law is a critical factor in empowering individuals, improving human flourishing, preserving peace, respecting individual human rights, and achieving greater economic prosperity. In fact, one of the four pillars of economic freedom and prosperity in any country is a strong rule of law. The rule of law is […]

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Buhari’s fragile pieces: More hardware, less safety – 1

ISWAP In this four-part series, beginning with insecurity, The Guardian dissects the eight-year administration of President Muhammadu Buhari, and the ‘legacy’ he is bequeathing the country. And if there is one sector that reflects in bold and gory images the success or failure of the outgoing government of President Muhammadu Buhari, it is that of […]

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