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Tag: economy
Simon Kolawole: Recession, recovery and our relapsing fever
Confirmed. The Nigerian economy is in recession, the first in decades. The official report by the National Bureau of Statistics is finally out, confirming what we suspected and expected all…
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Stop blaming Jonathan for your incompetence | PDP fires back at APC
The Peoples Democratic Party (PDP) on Sunday said the ruling All Progressives Congress (APC) should stop blaming ex-president Goodluck Jonathan for the poor handling of the economy by the Buhari-led…
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Opinion: What is President Buhari doing with the economy? – Garba Shehu
LET me start by asking an important question: who wants to kill racy introspection? There is a cacophony of voices telling the Muhammadu Buhari administration to close its eyes to…
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4 things Pres. Buhari has done to save Nigeria from sinking into Recession
Nigeria had gradually slipped into a recession in the past few weeks but it was made official on Wednesday, 31st August when the National Bureau of Statistics (NBS) released the…
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PDP has no right to demand for PMB’s resignation – Lai Mohammed
The Minister of Information and Culture, Alhaji Lai Mohammed, on Friday said the Peoples Democratic Party (PDP) has no right to demand for the resignation of President Muhammadu Buhari over the economic…
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Recovered loot cannot revive the economy – Lai Mohammed
The Minister of Information and Culture, Alhaji Lai Mohammed on Friday said loot recovered by the anti-graft agencies are not enough to revive the country's dying economy. Mohammed said this…
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Cheta Nwanze: Destroying the North-east’s social fabric
by Cheta Nwanze During Nigeria’s civil war almost half a century ago, there was a food crisis in the battle area. Eventually, the war ended, but the social conditions did…
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Buhari’s administration lacks fiscal discipline – PDP tweets
The Peoples Democratic Party PDP has accused the Buhari-led administration of lacking the fiscal discipline to lead Nigeria out of the current economic recession in the land. In a statement…
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Opinion: Buhari’s elitism leads to economic collapse
by David O. Kuranga As I predicted a year ago the Nigerian economy is officially in a full blown recession, the naira is crashing and is the worst performing currency in…
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Quick reminder: All the things that have gone wrong since Pres. Buhari
Nigeria has officially entered a recession, its first since 2004 and its worst in the last 29 years. Details of this was announced by the National Bureau of Statistics (NBS)…
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‘Nigeria’s economy was better during Jonathan’s administration’
A former governorship aspirant in Benue state under the ruling All Progressives Congress (APC) Nath Apir has said Nigerians have started regretting their decision to vote President Muhammadu Buhari at the last…
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Recession is just a word for Kemi Adeosun but not for Nigerians
Following the recent revelation by the National Bureau of Statistics (NBS) about the current state of Nigeria's economy, the minister of finance, Kemi Adeosun took to Twitter to console Nigerians…
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Opinion: Buhari’s quest for emergency economic powers
by Jideofor Adibe Since Reuters broke the news on August 22 2016 that the government would be seeking for emergency powers to enable it fix the economy, Nigerians have been debating…
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#30Days30Voices: ‘People are hungry but ….’ | Man assesses the Buhari administration
With the critical Forex situation, crashing oil prices and the volatile situation of the economy, there appears to be a sense of frustration from Nigerians about the change the present…
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Buhari is completely destroying Nigeria – PDP
The Peoples Democratic Party on Wednesday said President Muhammadu Buhari is "completely destroying the country." In a statement released by its Director on New Media, Deji Adeyanju, the party quoted…
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The late 5: These are the stories that drove conversation today
These are the top five stories that drove the conversation today 1. Boko Haram is ready for peace talks - Aisha Wakil Aisha Wakil, the female lawyer declared wanted by…
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Fayose to Buhari: Nigerians are hungry
Ekiti State Governor, Ayodele Fayose on Wednesday called on President Muhammadu Buhari to listen to alternative opinion from experts on how to reposition the nation's economy. In a statement released by…
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6 key observation from NBS data on the economy
by Joachim MacEbong The Nigerian Bureau of Statistic on Wednesday released a slew of new data on the economy covering GDP, inflation and unemployment figures. Here are the top 6 observations.…
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Opinion: The nexus between national security and social protection
By Ugochukwu Amasike National Security in the traditional sense is connected with the idea of sovereignty, territorial security, freedom from risk of danger of destruction and annihilation by war or…
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Cement price rises to N2300
The recession in the country is having its toll on almost every sector of the economy. The building sector is the latest to face the hit, as the price of…
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Jude Ndukwe: Buhari’s proposed emergency powers and how not to kill a nation
by Jude Ndukwe It is a season of the absurd. Nigeria is haemorrhaging uncontrollably, left for too long to bleed and now in near-comatose situation. Truly, she is in dire…
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Opinion: A case for implementation of the 2014 National Conference Report
by Ugochukwu Amasike The foundation of Nigeria's problems is its obsolete political-economic system that sustains rent-seeking, and nurtures corruption. The beneficiaries of this system have chosen to turn a blind eye…
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Lagos is NOT one of the worst cities to live in… let’s prove it to you
by Tolu Omoyeni In the second week of August, the 2016 Global Liveability Index report was released by the Economist Intelligence Unit and Lagos still holds a spot at the…
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5 things we learned from Shehu Sani’s tirade against Soludo
by Tolu Omoyeni Speaking at a lecture in Kaduna, former CBN governor, Prof. Charles Soludo condemned President Muhammadu Buhari's approach in tackling the economic crisis facing the country. In his…
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Opinion: Nigeria is now an amusement park
by Ikechukwu Amaechi Nigeria is a huge amusement park. All you need do to have fun is sit back and watch the theatrics of the political gladiators. It is God’s…
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The Big 5: These are the stories you should be monitoring today
These are the top five news stories to monitor today 1. Woman explains why she locked a four year in a cage A 28-year-old woman, Mary Matthew, has said that…
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The Nigerian Naira is the third worst performing currency globally – PDP
The Peoples Democratic Party, PDP has said that the nation's currency, the naira is the third worst perfoming currency globally this year. In a series of tweets on its official…
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5 Sanusi Lamido Sanusi quotes to help us focus on the real issues
by Roqeebah Olaoniye Emir of Kano and former Central Bank Governor, Sanusi Lamido Sanusi, yesterday distinguished himself from the bunch. Yet again. We gave you The Thread HERE. However you…
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The Thread: Emir Sanusi was at his blunt best in Kano today
Yesterday, Emir of Kano, Sanusi Lamido Sanusi, gave a lecture at the 15th meeting of the Joint Planning Board and National Council on Development Planning in Kano, and the Twitter…
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Kemi Adeosun has a response for all her Twitter critics
Minister of Finance, Kemi Adeosun, on Thursday denied making any statement about the country’s economy on a Twitter account. Adeosun said she does not own a Twitter account, dismissing the…
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