2023 Federal Government budget and matters arising

President Muhammadu Buhari during the presentation of the 2023 budget to the joint session of the National Assembly in Abuja. Credit: Philip Ojisua,; Infofraphics: Olakunle Olaniyi Aside the pomp and pageantry (a yearly ritual) that attended the signing into law of the Federal Government 2023 Budget, there is very little to cheer Nigerians who are […]

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Don’t exceed June implementation date for fuel subsidy removal, OPSN reminds govt

To engage political parties on better economy As contained in the Appropriation Act 2023, Organised Private Sector of Nigeria (OPSN) has advised the Federal Government that the fuel subsidy regime should not exceed June this year as recommended in the law. It also urged government to complete the Turn Around Maintenance (TAM) of the four […]

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Kwankwaso pledges to rescue Nigeria’s educational system, if elected

NNPP takes Gombe Assembly minority leadership as another APC member joins Presidential Candidate of New Nigeria Peoples Party (NNPP), Rabiu Kwankwaso, has pledged to rescue Nigeria’s education sector from collapse and save the country from insecurity and economic problems. During the party’s rally at the Ahmadu Bello Stadium (ABS), at the weekend, he lamented the […]

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Tinubu meets APC candidates, proffers plan for collective victory

Presidential candidate of the ruling All Progressives Congress (APC), Asiwaju Bola Ahmed Tinubu, yesterday, offered insight on why he, alongside other stalwarts, formed the party in 2014. Speaking at the start of a closed-door parley with governorship and National Assembly candidates of the party in Abuja, he claimed the party was formed to reposition the […]

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Group expresses concern over Kanu’s worsening health

A group of medical practitioners, under the aegis of Biafra Medical Practitioners (BMP), has called for immediate release of detained leader of Indigenous People of Biafra (IPOB), Nnamdi Kanu, over his alleged worsening health condition. The group made the call in a statement issued at the weekend and made available to journalists in Abuja. According […]

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NDLEA dismantles Tramadol cartel, seizes N5 billion Opioids in Lagos

Items recovered Recovers seven tons of skunk in Borno, Ondo, Edo, Enugu, Katsina, FCT Operatives of the National Drug Law Enforcement Agency, NDLEA, at the weekend busted another Tramadol cartel in Lagos with the seizure of millions of opioids pills and bottles worth over N5 billion from their warehouse in Amuwo Odofin area of the […]

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Trim N228.1 billion National Assembly budget or face suit, SERAP threatens Lawan, Gbajabiamila

Socio-Economic Rights and Accountability Project (SERAP) has urged Senate President, Ahmad Lawan and Speaker of House of Representatives, Femi Gbajabiamila, to promptly cut their “outrageous National Assembly budget of N228.1 billion, including the N30.17 billion severance payments and inauguration costs for members (the highest ever).” It urged the national legislature to propose a fresh budget […]

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Buhari, Osinbajo lay wreaths to mark Armed Forces Remembrance Day

Vice President Yemi Osinbajo (left); President Muhammadu Buhari; President of the Senate, Ahmad Lawan and Chief Justice of Nigeria, Olukayode Ariwoola at the signing of 2023 Armed Forces Remembrance Day register in Abuja… yesterday. PHOTO: Philip Ojisua Accept civil war ended 53 years ago, Obi urges Nigerians President Muhammadu Buhari, yesterday, led Vice President Yemi […]

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Nigeria’s energy transition mired by debts, subsidies, stranded oil

Solar…a key source of renewable energy UN, IRENA, SEforALL canvass options, halt in $15.7b petrol subsidies Asking Africa to borrow for energy transition, futile exercise, says UNDP Nigeria may push 1% of oil fund to clean energy, says Prof. Bala Stakeholders divided as cost of borrowing skyrockets The question of pushing African countries, especially Nigeria, […]

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Debt, deficit narrow budget funding options before next administration

With the Federal Government exhausting its debt window, the only option available for the next administration is to find pathways for sustainable budget funding, experts have said. The Chief Executive Officer of Dairy Hills Limited, Kelvin Emmanuel, a professor of Economics, Ike Ife and a member of the Central Bank of Nigeria’s Monetary Policy Committee, […]

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