Doyin Okupe advises Buhari on how to deal with falling oil prices

Doyin Okupe, former aide of ex-President Goodluck Jonathan has weighed in on the economic recession that is threatening to hit the nation following the drastic and continuous fall of oil prices in the global market while advising the Federal Government to immediately re-adjust the content of the 2016 budget submitted to the Senate. Okupe, in... Read More

The News Blog

economy, Federal Government, oil price, recession

January 21, 2016

‘God has a hand in the current economic predicament of Nigeria’ – Oyegun

The National Chairman of the All Progressives Congress (APC), John Odigie-Oyegun has gone spiritual over the present economic crunch in the country. Odigie-Oyegun said on Thursday, that the economic hardship may be God’s way of reminding Nigeria on the need to implement and embrace radical change, particularly in the country’s current economic model.‎ The APC... Read More

The News Blog

APC, economy, God, nigeria, Oyegun

January 18, 2016

Don’t blame Buhari… Nigeria is suffering because of Jonathan’s government – APC

The All Progressives Congress, has blamed the exorbitant spending of the last administration for the gloomy state of the economy and the fall of the Naira. The ruling party said the Peoples Democratic Party-led administration should be blamed for the economic of woes of the country. Acting National Publicity Secretary of the party, Comrade Timi... Read More

APC, economy, Goodluck Jonathan, PDP, president buhari

January 10, 2016

‘This president does give a damn’ | 25 quotes to note from Tunde Bakare’s State of the Nation address

Pastor Tunde Bakare, Pastor and flock leader of the Latter Rain Assembly based in Lagos, on Sunday, January 10 delivered his annual State of the Nation broadcast at his church premises in Lagos. The pastor discussed several issues pertaining to the nation and how the government can achieve driving success in moving the country Nigeria... Read More

The News Blog

Buhari, corruption, economy, education, naira, Politics, State of the Nation, transportation

January 5, 2016

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 proposing to borrow to the tune of trillions to sustain the economy of the country. However, on Tuesday, January 5, Christine Lagarde, managing director, International Monetary Fund said... Read More

The News Blog

economy, Federal Government, Finance, IMF

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

December 25, 2015

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 the worst possible time-Would the government be able to dole out rewards befitting their record-breaking exploits or cite ‘harsh times’?. On the day they will... Read More

economy, golden eaglets, president buhari, reward

December 21, 2015

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 when he visited General Electric’s planned manufacturing and assembly facility. The ambassador said he was impressed with GE’s investment commitment with the Calabar facility which... Read More

calabar, economy, GE, investment, USA

December 18, 2015

‘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, Tinubu said the nation failed to invest, yet spent and feasted. Tinubu bemoaned the lack of diversification of Nigeria’s economy by past leaders, while he... Read More

The News Blog

Bala Usman, bola tinubu, economy, merciless condition, nigeria

December 17, 2015

‘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 Buhari and the future of Nigeria. Here are 7 things to learn from what he said. Buhari needs to pay more attention. He spoke on the... Read More

The News Blog

biafra, Buhari, economy, More, Okonjo-Iweala, Politics

December 13, 2015

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 Sunday stated that the present state of the economy is the direct consequence of the incomprehensible mismanagement of the economy and the mindless looting of... Read More

The News Blog

APC, Buhari, economy, lai mohammed, PDP

December 13, 2015

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 approved in the 2015 budget in nine months. The spending of the government in the last nine months have largely been on recurrent expenditures while... Read More

The News Blog

Buhari, economy, Federal Government, Finance, fiscal, Ministry of Finance, money, naira, Oil, revenue

December 8, 2015

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 subsidy which led to an ongoing debate as well as vehement rejection from the National Labor Congress. The World Bank’s Lead Economist, John Litwack, said... Read More

More, The News Blog

Buhari, economy, fuel subsidy, Oil, Petroleum, World Bank

December 4, 2015

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 should be pricked, over the pathetic state of the nation’s economy, a sector she coordinated for several years. The governor said the former Minister has... Read More

Featured, The News Blog

Adams Oshiomhole, economy, ngozi okonjo iweala

December 1, 2015

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 amount slated for the settlement of subsidy claims only covered January to September, therefore there was a need to include the months of October to... Read More

The News Blog

2015 supplementary budget, budget, Buhari, economy, policy, Saraki, senate

November 19, 2015

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 Minerals during plenary to see that the issue is investigated, the senate said that with the low performance of the oil sector in recent times,... Read More

The News Blog

crime, economy, legal, mining, plenary, senate

November 17, 2015

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 speaking in Kebbi state at the official launch of the N40 Billion “Anchor Borrowers’ Programme” (ABP) organized by the Central Bank of Nigeria for rice... Read More

The News Blog

agriculture, Buhari, economy, nigeria, poverty

November 17, 2015

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. Punch INEC begins distribution of PVCs to newly registered voters in Kogi. Daily Post Okowa says Governors will diversify the economy. This Day PDP chieftain, Smart... Read More

army, boko haram, Buhari, economy, Fayose, Maidguri, tracklist

November 6, 2015

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 them is adding to the cost of the delay of the four months it took them to have them named. In that period of time,... Read More

Featured

cabinet, economy, president buhari

November 4, 2015

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 Trustees of the Peoples Democratic Party, said Nigerians were watching closely to see how Buhari would handle the economy with all the promises the All... Read More

APC, Babatope, Buhari, economy, INEC, nigeria, PDP

October 29, 2015

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 Jonathan, introduced the designation of ‘coordinating Minister of the economy’. Osinbajo revealed this on Wednesday, when the Australian High Commissioner to Nigeria, Jonathan Richardson, visited him... Read More

The News Blog

Coordinating minister, economy, VP Osinbajo

September 29, 2015

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 administration took off. One recalls the excitement that followed the bringing down of the “Union Jack” and the raising of the new Nigerian flag at... Read More

The News Blog

Bade Adebolu, economy, nigeria, Okonjo-Iweala

September 15, 2015

“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 however, said it was worried by the dwindling economy of the country. PDP said the economy had fallen in the past few months due to... Read More

The News Blog

APC, corruption, economy, PDP, president buhari

September 11, 2015

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 a stake holders meeting on‘ Combating Counterfeit and Substandard ICT Devices Programme in Abuja, on Thursday. He stated that the damaging impact of the substandard... Read More

The News Blog

economy, Smart phone, substandard

July 22, 2015

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 Presidential Villa, Abuja, while receiving the leadership of the National Union of Road Transport Workers (NURTW), who paid him a courtesy visit on Wednesday said there... Read More

The News Blog

economy, law, nigeria, Osinbajo

June 30, 2015

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 so from the date of subsidy removal. Inevitably, the prices of foodstuffs and all earners of static income would probably be hardest hit. According to... Read More

dollar, economy, fuel subsidy, henry boyo, naira, opinion, ynaija

June 28, 2015

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 fractures and lost a lot of blood. We don’t seem to know it. Pardon the cheek. I want to give you a quick assignment this... Read More

Bukola Saraki, economy, fellow nigerians, nightmare, opinion, simon kolawole, ynaija

June 24, 2015

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 in a recent revelation by the Chairman of the APC Transition Committee, Ahmed Joda, it seems there are new figures emerging. In an interview with... Read More

Featured

debts, deficit, economy, finance ministry, nigeria

June 24, 2015

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 the national treasury. She took to her twitter handle to share her thoughts stating that the $30Billion CBN Reserve is no longer available to the Federal Government because... Read More

The News Blog

$30bn, economy, GEJ, Oby Ezekwesili

June 8, 2015

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 APC accuses that most Ekiti lawmakers are miscreants. Punch Nigerians in South Africa also have expectations from Buhari. Nation Group says Saraki will contest Senate... Read More

APC, CBN, clinton, economy, NASS, PDP, tracklist

June 7, 2015

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 interview with ThisDay where she also opened up on some other issues like her accomplishments and the structural problems of the petroleum sector, Emir Mohammad... Read More

$20billion, alison-Madueke, economy, nnpc

Doyin Okupe advises Buhari on how to deal with falling oil prices

‘God has a hand in the current economic predicament of Nigeria’ – Oyegun

Don’t blame Buhari… Nigeria is suffering because of Jonathan’s government – APC

‘This president does give a damn’ | 25 quotes to note from Tunde Bakare’s State of the Nation address

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

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

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

‘Nigeria has collided into an immovable wall’ – Tinubu

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

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

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

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

Why Okonjo-Iweala should be ashamed – Oshiomhole

Begrudginly, Senate passes supplementary budget, allows Buhari to borrow

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

This is what Buhari believes will take Nigeria out of poverty

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

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

I can never agree that Nigeria is broke – PDP Chieftain

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

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

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

250 million fake phones sold in Nigeria yearly

Osinbajo reiterates that nobody is above the law

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

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

The real situation with the Nigerian economy and its debts

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

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

10 things we learned from Diezani’s ThisDay interview

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