Tag: economyTag: <span>economy</span>

IMF boss, Lagarde didn’t meet with President Buhari to negotiate a loan – See why she visited

The global fall in the price of oil hit Nigeria quite badly and has give rise to a revenue shortfall for the nation. This has resulted in the Federal Government…

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Golden Eaglets win the U-17 world cup | YNaija.com

Umar Sa’ad Hassan: Times are hard, but here’s why the President must reward the Golden Eaglets

While I watched the victorious Golden Eaglets clinch the 2015 FIFA U-17 World Cup in Chile, a part of me just couldn't wave the thought that it was coming at…

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U.S Ambassador Commends General Electric’s investment in Calabar

The United States Ambassador to Nigeria Honourable James Entwistle says the U.S government will continue to encourage American companies in investing significantly in Nigeria. He revealed this while speaking in Calabar…

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‘Nigeria has collided into an immovable wall’ – Tinubu

National Leader of the All Progressives Congress, Bola Tinubu, says the economy of Nigeria has 'collided into an immovable wall'. In a statement released by his media office on Thursday,…

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‘Pro-Biafrans are hungry’ | 7 things we learned from Olisa Agbakoba’s interview

In an interview with Vanguard newspaper, the former President of the Nigerian Bar Association, Dr Olisa Agbakoba (SAN) shared his thoughts on the state of the nation, his perception of President…

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If there was any honour left among thieves, PDP won’t be talking – FG

The Federal Government has said that the Peoples Democratic Party-led administration is responsible for the poor state of the country’s economy. Minister of Information, Lai Mohammed in a statement on…

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Is Nigeria truly broke? See how much the country made and spent in the past few months

According to the Medium Term Expenditure Framework and Fiscal Strategy Paper (2016-2018) sent by the president to the National Assembly, the Federal Government has spent N3.42tn out of the total N4.493tn spending…

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World Bank to Buhari: ‘This is the best time to remove fuel subsidy’

President Muhammadu Buhari has been advised by the World Bank to act now if his government is seriously in removing fuel subsidy. The Buhari government had initially intimated Nigerians on its plan to remove fuel…

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Why Okonjo-Iweala should be ashamed – Oshiomhole

Edo state governor, Adams Oshiomhole, says the former Minister of Finance, Ngozi Okonjo-Iweala, should be ashamed of the looting of the nation's treasury during her tenure. Oshiomhole said Okonjo-Iweala's conscience…

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Begrudginly, Senate passes supplementary budget, allows Buhari to borrow

The Senate has approved the supplementary budget President Muhammadu Buhari submitted before the Red Chamber. While presenting the supplementary appropriation bill on Tuesday, Senator Danjuma Goje explained that the initial…

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This is the amount Nigeria loses yearly to illegal mining… according to the Senate

In the midst of cries that Nigeria is broke, the Senate on Thursday, November 19, revealed that the country loses about N4 trillion annually to illegal mining activities. Directing its Committee on Solid…

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This is what Buhari believes will take Nigeria out of poverty

President Muhammadu Buhari on Tuesday, said the diversification of the economy through agriculture and solid minerals mining is the way to eradicate poverty in the country. Buhari made the assertion while…

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THE YNAIJA TRACKLIST: Hillary Clinton is often confused | Why ISIS is losing | Army warns against Pro-Biafra protest in Lagos | More stories

Fayose calls Buhari is a shadow chaser. YNaija Army stops fresh Boko Haram attack in Maiduguri. Leadership This is what Buhari said about Jonathan's govt. YNaija Army warns against Pro-Biafra protest in Lagos.…

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YNaija Editorial: The absence of a cabinet is hurting Nigeria’s economy

Although President Muhammadu Buhari has finally named his 36-person cabinet and they have been screened and confirmed by the Senate, the delay in swearing them in and assigning portfolios to…

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I can never agree that Nigeria is broke – PDP Chieftain

Former Minister of Transport, Ebenezer Babatope, has joined the bandwagon of those criticising President Muhammadu Buhari for claiming that Nigeria is broke. Babatope, who is a member of the Board of…

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There won’t be a ‘coordinating minister of the economy’ – VP Osinbajo

Vice President, Professor Yemi Osinabjo has revealed that there would be no coordinating minister of the economy in the administration of President Muhammadu Buhari. The administration of former President, Goodluck…

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Opinion: Okonjo-Iweala, the prophet not celebrated at home

Nigerians are usually excited about changing governments. The incoming administration comes with Nigerians, as usual, having high expectations, only to end up being more disappointed than they were before the…

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“We support corruption war, but what about the economy?” | PDP asks Buhari

The Peoples Democratic Party has admonished the administration of President Muhammadu Buhari, for not paying adequate attention to the economy. The opposition party expressed its support for Buhari's anti-corruption campaign, but…

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250 million fake phones sold in Nigeria yearly

The Nigerian Telecommunications Commission (NCC) reveal that about 250 million substandard phones were sold annually in the country. The Acting Executive Vice Chairman of the Commission, Umar Danbatta, disclosed the figure during…

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Osinbajo reiterates that nobody is above the law

Vice President Yemi Osinbajo has maintained that nobody in Nigeria is above the law while insisting that the rule of the law is be maintained in the country. Osinbajo, who spoke at the…

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Henry Boyo: Mr. President, removing fuel subsidy will make Nigerians suffer

by Henry Boyo  Instructively however, Nigerians may change from this same melody if a N50/litre rise in petrol price pushes the rate of inflation, beyond 10% within six months or…

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Simon Kolawole YNaija

Simon Kolawole: Wake up, fellow Nigerians, we are in trouble!

by Simon Kolawole  Wake up, fellow Nigerians, we are in trouble. Big trouble. Saraki is the least of our problems. Our economy has had a ghastly accident. It suffered multiple…

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The real situation with the Nigerian economy and its debts

Nigeria is in deep wahala. Our debts are rumored to be about N11 trillion and in the 2015 budget, it was revealed that the country had a deficit of N911 billion. But…

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Oby Ezekwesili shades ex-Minister for his $30bn claim

The former Minister of Education, Oby Ezekwesili disagrees with the immediate past Minister/Deputy Chairman, National Planning Commission (NPC), Abubakar Sulaiman on his claims that former President Jonathan left $30 billion in…

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THE 2015 TRACKLIST: APC tells lawmakers to accept Lawan, Gbajabiamila, PDP says APC hypocrisy exposed, APC accuses that most Ekiti lawmakers are miscreants, More stories

APC tells lawmakers to accept Lawan, Gbajabiamila. Nation PDP hails Mark, Tambuwal, Ekweremadu. Vanguard Buhari, G7 leaders to talk on economy, Boko Haram. Nation APC hypocrisy exposed, says PDP. ThisDay…

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10 things we learned from Diezani’s ThisDay interview

Diezani Alison-Madueke has, again, reaffirmed that during her tenure she stole no money. Her tenure as minister has been shrouded by controversy that will take years to live down. She disclosed this in an…

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Oyegun: No magic wand to make our economy better overnight

by Ranti Joseph The chairman of the All Progressive Congress (APC) John Odigie-Oyegun has said that the promise made by the party to make Nigeria better would be fulfilled but…

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Uduaghan says diversification will boost the economy

by Ranti Joseph With the dwindling economy in not only Nigeria but also Sub-Saharan Africa countries, Governor of Delta state, Emmanuel Uduaghan has also saw the need for diversification of…

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Okonjo-Iweala: Working for FG Made Me Hypertensive

by Ranti Joseph   The minister of Finance, Ngozi Okonjo-Iweala has lamented that the search for funds for Nigeria is taking its toll on her and other government workers. She…

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