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 it won’t happen overnight. Oyegun, who disclosed this on Saturday at the two-day retreat for all APC senators-elect at the Ibeto Hotel, Abuja, explained to... Read More

APC, economy, John Oyegun

May 19, 2015

NGF asks Okonjo-Iweala to account for N20billion

by Ranti Joseph It seems he minister of finance and coordinating minister of the economy, Ngozi Okonjo-Iweala still has some query to address. The thirty- Six State Governors under the aegis of Nigeria Governors’s Forum (NGF) has asked Okonjo- Iweala as a matter of urgency to account for the money that were accruable to the... Read More

economy, Excess Crude Account, Finance, NGF, Okonjo-Iweala

May 9, 2015

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 the economy and has stressed the need for Sub-Saharan Africa countries to fashion out a new value system and diversifies their economies to achieve economic... Read More

The News Blog

delta state, diversification of economy, economy, Emmanuel Uduaghan

May 6, 2015

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 said over 70 per cent of the workers in the Federal Ministry of Finance, including top officials, have high blood pressure as a result of... Read More

The News Blog

economy, Federal Ministry of Finance, FG, hypertension, minister of finance, Ngozi Okonjo-Iweal

April 30, 2015

Okonjo-Iweala says she didn’t appoint firm that audited NNPC

by Ranti Joseph The Minister of Finance, Ngozi Okonjo-Iweala, denies appointing PriceWaterHouseCoopers to audit the Nigerian National Petroleum Corporation (NNPC) over the allegation the company diverted $20 billion oil money. This revelation was contained in a statement issued by the Special Adviser to the Minister, Paul Nwabuikwu, on Thursday. According to Nwabuikwu, the statement came... Read More

The News Blog

economy, missing $20billion, nigeria, Okonjo-Iweala, Pwc

April 22, 2015

Alison-Madueke speaks on the missing $20 billion

by Ranti Joseph Minister of Petroleum Resources, Diezani Alison-Madueke, said the allegations levelled on her over the alleged missing funds from the reserves of the Nigerian National Petroleum Corporation (NNPC) and also of her wasteful spending were made because of the reforms contained in the Petroleum Industry Bill. She said this while fielding questions from... Read More

The News Blog

alison-Madueke, Diezani Alison Madueke, economy, missing $20 billion funds, nnpc, PIB

April 17, 2015

Qudus Onikeku: How the Nigerian creative industry can create wealth

by Qudus Onikeku As many Nigerians take to the street in defiant mood, following the victory of our new president-elect, Muhammadu Buhari, the nation overflows with glorious sounds of our music and the ferocity of our dances. Even prior to the elections on 28th of March, our billboards, radio and airwaves were inundated with all... Read More

art, contemporary dance, corruption, dance, economy, Music, nigeria, nollywood, Qudus Onikeku, wealth

April 3, 2015

Chartered jets: House Committee says Diezani Alison-Madueke has a case to answer

by Ranti Joseph The Public accounts committee has asked Minister of Petroleum, Diezani Alison-Madueke to give reports on the controversial Challenger 850, the jet the minister reportedly chartered for her trips. The committee, which is chaired by Solomon Olamilekan, is investigating the alleged N10bn expenses the minister incurred on the jet in the last two... Read More

The News Blog

controversy, economy, Madueke

March 19, 2015

PDP pats self in the back, over Jonathan’s approval of Confab report

by Ranti Joseph The Peoples Democratic Party (PDP) said the approval of the final report of the 2014 National Confab, President Goodluck Jonathan and the Federal Executive Council (FEC) showed the administration was committed to the unity and stability of the country. PDP National Publicity Secretary, Olisa Metuh on Thursday said in a statement that the... Read More

The News Blog

confab report, economy, jonathan, PDP, PDP says jonathan's approval of confab report confirms commitment to unity

March 19, 2015

It’s going to be a very difficult year for Nigerians – Okonjo-Iweala tells CNN

by Kolapo Olapoju Minister of Finance, Ngozi Okonjo-Iweala, told Cable Network News (CNN), on Wednesday, March 18, that the rest of the year is going to be difficult for Nigeria. The statement is coming on the back of economic problems of the country, with the naira trading at a record low against the U.S. dollar,... Read More

The News Blog

aliko dangote, economy, naira, ngozi okonjo iweala, nigeria, Oba Otudeko drags Aliko Dangote to court over land ownership, Oil prices, Stock market

March 19, 2015

FEC approves full implementation of Confab report

by Ranti Joseph The Federal Executive Council (FEC) formally approved for the full implementation of the recommendations contained in the 2014 National Conference Report. The immediate past supervising Minister of Information, Edem Duke disclosed this on Wednesday to newsmen after the FEC meeting. Duke who was joined by the Secretary to the government of the Federation,... Read More

The News Blog

Confab, economy, fec, FEC approves full implementation of Confab report

March 16, 2015

Opinion: Nigeria’s economy is finally in recession

by Bolaji Samson Aregbeshola Every Nigerian now has to bear the brunt of a mismanaged economy courtesy of the Jonathan administration. If only we knew we would not be better off now than we were four years ago. We are on the verge of making another choice as regards who will lead the country for another... Read More

CBN, Dr. Okonjo-Iweala, economy, naira, Professor Soludo, recession

March 10, 2015

Haaaaaaaay, this GEJ billboard can lie o! (LOOK)

by Kolapo Olapoju Somewhere along Ahmadu Bello way, in Abuja, a Pro-Jonathan billboard carries a false caption, saying: “Under Goodluck, 86% of the economy is now non oil.” In the past couple of hours, the claim made in the billboard has generated immense conversation on micro-blogging platform, Twitter. Twitter users are of the opinion that the claim... Read More

Ahmadu Bello, economy, Goodluck Jonathan, twitter.

March 4, 2015

Okonjo-Iweala says the lawsuit against her is politically motivated

by Ranti Joseph The Minister of Finance, Ngozi Okonjo-Iweala, on Tuesday has lambasted a civil society group, Socio-Economic Rights and Accountability Project (SERAP) for instituting a lawsuit against her over the claim by a former Central Bank governor, Chukwuma Soludo, that Nigeria has lost as much as N30 trillion to corruption and mismanagement. Okonjo-Iweala who... Read More

economy, Lawsuit, lawsuit against me is politically motivated, Okonjo-Iweala, says Okonjo-iweala

February 26, 2015

THE 2015 TRACKLIST: Bring back our girls alive, not Shekau | PDP chieftain says GEJ’ll always be Nigeria’s best | FG never underrated Boko Haram – Okupe | More stories

As you count down to the March General Elections, we show you what to read and what to skip today. Oshiomhole doesn’t trust the PDP one bit. Leadership APC says they want the girls alive, not Shekau Leadership Jonathan will always be Nigeria’s best – Ondo PDP chairman Leadership House wants the NNPC audit report... Read More

economy, election, Politics, tracklist

February 26, 2015

For the record: Full text of Gen. Muhammadu Buhari’s speech at Chatham House in London

by Akan Ido The presidential candidate of the All Progressives Congress (APC) Gen. Muhammadu Buhari (rtd.) appeared at the Chatham House on Thursday morning to discuss Prospects for Democratic Consolidation in Africa: Nigeria’s Transition. The event which was chaired by former British High Commissioner to Nigeria, Sir Richard Gozney had many Nigerians in attendance including... Read More

APC, boko haram, chatham house, economy, Goodluck Jonathan, London, nigeria, PDP, Politics, president, Richard Gozney, terrorism

February 26, 2015

FEC approves over $400million loans for APC states

by Ranti Joseph ‎The Federal Executive Council (FEC) on Wednesday said it has approved over $400 million foreign loans for Lagos, Rivers, Osun and Ogun states for the implementation of infrastructure projects.‎ The council however said the loans meant for All Progressi‎ves Congress (APC) controlled states, should not be seen as Greek gifts to... Read More

The News Blog

APC, economy, FEC approves over $400million for APC states

February 22, 2015

10 things we learnt from Pres. Jonathan’s Tribune interview (READ)

by Kolapo Olapoju In a recent interview with Nigerian Tribune, President Goodluck Jonathan, spoke on a wide number of topics, ranging from his falling out with former president, Olusegun Obasanjo, the economy, tenure elongation, the ‘one term’ controversy, among other things. Below are 10 key things we learnt from the interview. 1. Jonathan is more... Read More

economy, Muhammdu Buhari, nigeria, Nigerian Tribune, olusegun obasanjo, President Goodluck Jonathan

February 16, 2015

Analysis: Yes, Nigeria is diversifying but what is the objective exactly?

by SBM Intelligence In presenting the 2015 Budget to the national assembly, the Minister of Finance and Coordinating Minister of the Economy, Dr. Ngozi Okonjo-Iweala, noted that the 2015 Budget is structured for the diversification of the economy. Her words indeed echo the thoughts of President Goodluck Jonathan, who when responding to questions on the decline... Read More

“Dr Ngozi Okonjo-Iweala, economy, FIRS, GDP, Gulf nations, nigeria, saudi arabia

February 11, 2015

Analysis: This election postponement will cost Nigeria big, by Godwin Akanfe

by Godwin Akanfe As we speak, the 2015 budget has not been passed. Why is this? It is because the legislators, who should pass it, are a little too busy electioneering. There are two things that are worrying me seriously. For the better part of a year now, I have been paying some of my bills... Read More

2015, budget, economy, elections, Godwin Akanfe, Goodluck Jonathan, nigeria, Politics

February 5, 2015

Pres. Jonathan’s Chief Economic Adviser also replies Soludo (READ)

Azubuike Azikiwe Dr. Nwanze Okidegbe, the Chief Economic Adviser to the President, has issued a release, to counter claims made by erstwhile governor of Central Bank, Charles Soludo, who said that N30 trillion had gone missing from the nation’s coffers in the last few years. Below is the full statement by Mr Nwanze: Press Statement on... Read More

The News Blog

Charles Soludo, Dr. Nwanze Okidegbe Chief Economic Adviser to the President, economy

February 5, 2015

‘I stand by my statements’: Soludo wants Okonjo-Iweala, others to know this

by Kolapo Olapoju Erstwhile governor of the Central Bank of Nigeria, Chukwuma Soludo, has restated his claim that not less than N30trillion of public fuunds have gone missing under Finace Minister, Ngozi Okonjo-Iweala’s watch. Soludo released a rejoinder saying he stands by his statements and also added that he did not include the N8.6 trillion... Read More

The News Blog

Buhari VS Jonathan, Charles Soludo, economy, ngozi okonjo iweala

January 29, 2015

#isThisTransformation? | Buhari Volunteers want Pres. Jonathan to answer these questions (WATCH)

by Panshak Ibrahim The Buhari Volunteers, a group wholly in support of the candidacy of Gen. Muhammadu Buhari (retd.), has called to question themuch celebrated Transformation Agenda initiated by the Pres, Goodluck Jonathan administration promising accelerated development in all sectors of the Nigerian economy. According to a statement released on Wednesday, January 28, The Buhari... Read More

APC, Buhari Volunteers, economy, Muhammadu Buhari, nigeria, PDP, Politics, President Goodluck Jonathan, Transformation Agenda

January 28, 2015

Finance Minister, Ngozi Okonjo-Iweala replies Soludo in a passionate rejoinder (READ)

SOLUDO’S SELF-SERVING ARTICLE ON ECONOMIC MANAGEMENT IS DEFICIT IN FACTS, LOGIC AND HONOUR This piece is in response to an earlier article authored by former Central Bank of Nigeria (CBN) governor, Charles Chukwuma Soludo. Please read it HERE. It shows how an embittered loser in the Nigerian political space can get so derailed that they... Read More

2015, Charles Soludo, economy, GDP, growth, ngozi okonjo iweala, nigeria, Politics

January 28, 2015

Buhari will be inheriting a broken economy – El-Rufai paints a gloomy picture

by Panshak Ibrahim The governorship candidate of the All Progressives Congress (APC) in Kaduna State, Mallam Nasir el-Rufai, says Muhammadu Buhari, the party’s presidential candidate, stands to inherit a damaged economy, provided he is elected as president during next month’s elections. El-Rufai also said he would meet a bankrupt state, if he wins the gubernatorial... Read More

All Progressives Congress, economy, Kaduna State, Muhammadu Buhari, Nasir el-Rufai, nigeria

January 26, 2015

APC leader, Bola Tinubu goes hard on the state of the economy

by Bola Tinubu They want us to believe their prescriptions are the only plausible ones. Only one road exists: theirs. They don’t want us to seek alternatives because they are afraid of what we might learn…. They are afraid that if we reject their economic model that they may lose their elite position. Reason for... Read More

bola tinubu, economy

January 26, 2015

Charles Soludo: Neither Jonathan nor Buhari can deliver on election promises – here’s why

by Charles Soludo I need to preface this article with a few clarifications. I have taken a long sabbatical leave from partisan politics, and it is real fun watching the drama from the balcony. Having had my own share of public service (I do not need a job from government), I now devote my time... Read More

APC, Charles Soludo, economy, general elections, Muhammadu Buhari, PDP, President Goodluck Jonathan

January 23, 2015

Nigeria’ll soon be the 3rd fastest growing economy in the world

by Kolapo Olapoju A new forecast by CNN Money, has listed Nigeria’s economy as one of those expected to grow the fastest in 2015. According to the analysis, Nigeria’s economy is expected to grow by 7% this year, after growing by 7.1% in 2014. China tops the list of the fastest growing economy, with a... Read More

China, CNN Money, economy, nigeria

January 8, 2015

Jimi Agbaje speaks on why GEJ should be re-elected, says Buhari has been compromised

by Damilola Jagun Jimi Agbaje has warned that if President Goodluck Jonathan fails in his re-election bid, his region, the South south could cripple the nation’s economy by shutting down the oil sector. The Peoples Democratic Party governorship candidate of Lagos state made the comments at a recent meeting in London organised by his... Read More

crude oil, economy, jimi agbaje, lagos state, President Goodluck Jonathan, presidential election, South-south

January 5, 2015

“Our reserve is depleted” – 10 quotes from OBJ on President Jonathan, the economy and 2015 election

by Kolapo Olapoju Of recent, former president, Olusegun Obasanjo, has become increasingly vocal about the performance of President Goodluck Jonathan. On Monday, January 5, while hosting the South-West women leaders at his residence in Abeokuta, Obasanjo accused the President of squandering $25billion crude oil savings left behind by his administration. He also spoke on the falling oil prices,... Read More

2015 elections, crude oil, economy, naira, olusegun obasanjo, President Goodluck Jonathan

Oyegun: No magic wand to make our economy better overnight

NGF asks Okonjo-Iweala to account for N20billion

Uduaghan says diversification will boost the economy

Okonjo-Iweala: Working for FG Made Me Hypertensive

Okonjo-Iweala says she didn’t appoint firm that audited NNPC

Alison-Madueke speaks on the missing $20 billion

Qudus Onikeku: How the Nigerian creative industry can create wealth

Chartered jets: House Committee says Diezani Alison-Madueke has a case to answer

PDP pats self in the back, over Jonathan’s approval of Confab report

It’s going to be a very difficult year for Nigerians – Okonjo-Iweala tells CNN

FEC approves full implementation of Confab report

Opinion: Nigeria’s economy is finally in recession

Haaaaaaaay, this GEJ billboard can lie o! (LOOK)

Okonjo-Iweala says the lawsuit against her is politically motivated

THE 2015 TRACKLIST: Bring back our girls alive, not Shekau | PDP chieftain says GEJ’ll always be Nigeria’s best | FG never underrated Boko Haram – Okupe | More stories

For the record: Full text of Gen. Muhammadu Buhari’s speech at Chatham House in London

FEC approves over $400million loans for APC states

10 things we learnt from Pres. Jonathan’s Tribune interview (READ)

Analysis: Yes, Nigeria is diversifying but what is the objective exactly?

Analysis: This election postponement will cost Nigeria big, by Godwin Akanfe

Pres. Jonathan’s Chief Economic Adviser also replies Soludo (READ)

‘I stand by my statements’: Soludo wants Okonjo-Iweala, others to know this

#isThisTransformation? | Buhari Volunteers want Pres. Jonathan to answer these questions (WATCH)

Finance Minister, Ngozi Okonjo-Iweala replies Soludo in a passionate rejoinder (READ)

Buhari will be inheriting a broken economy – El-Rufai paints a gloomy picture

APC leader, Bola Tinubu goes hard on the state of the economy

Charles Soludo: Neither Jonathan nor Buhari can deliver on election promises – here’s why

Nigeria’ll soon be the 3rd fastest growing economy in the world

Jimi Agbaje speaks on why GEJ should be re-elected, says Buhari has been compromised

“Our reserve is depleted” – 10 quotes from OBJ on President Jonathan, the economy and 2015 election

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