Economic confidential reports that President Muhammadu Buhari, Vice-President Professor Yemi Osinbajo, Cabinet Ministers and other political appointees pocketed the sum of N2.295 billion as official salaries and allowances in the last one year.The report shows the official remunerations of the President, Vice-President, cabinet ministers, Secretary to the Government of the Federation and the Head of […]
Continue ReadingYakubu Dogara, speaker of the house of representatives, on Saturday said other countries have passed through the challenges confronting Nigeria.Speaking in Abeokuta, Ogun state capital, at a lecture organised as part of programmes for the 75th birthday celebration of Alani Bankole, father of former Speaker of the house, Dimeji Bankole, Dogara called on Nigerians to […]
Continue ReadingThe richest man in Africa, Aliko Dangote has proffered ways through which Nigeria can get out of recession before the end of 2016. Dangote, revealed details in an interview with CNBC Africa, saying: “The only way for us to get out of this recession is to make sure we move into action quickly; action by […]
Continue ReadingIn an effort boost the ailing Nigerian economy, the federal government is set to release a sum of N350 billion.The minister of finance, Kemi Adeosun, while addressing journalists in Abuja on Friday, said since the 2016 budget was released in May, over N420 billion had been released for capital projects. She listed some of the measures […]
Continue ReadingSpeaking at a one-day retreat held at the presidential villa in Abuja on Thursday, President Muhammadu Buhari has urged ministers and heads of departments and agencies, to think out of the box to in order to get Nigeria out of current economic recession. BUHARI’S FULL SPEECH I am delighted to be here with you at […]
Continue ReadingThe spokesman of the Peoples Democratic Party’s (PDP) caretaker committee, Dayo Adeyeye, in a statement issued in Abuja on Wednesday, asked President Muhammadu Buhari to step down with immediate effect.Referring to the statement “recession is a word”, credited to Kemi Adeosun, minister of finance, Adeyeye said: “Is this statement as a result of ignorance, lack […]
Continue ReadingThe Senate is planning an “exhaustive and comprehensive debate” on the economy, and will hold its managers accountable, senate president, Bukola Saraki, said on Tuesday. But that will be done in “a manner that is transparent and beneficial to the country”, he said. Mr. Saraki said he was aware Nigerians were really suffering, but told […]
Continue ReadingThe Special Adviser to President Muhammadu Buhari on Media and Publicity, Femi Adesina, has asserted that everyone in Nigeria will soon be have plenty to eat, stating that nobody is immune to the current hardship ravaging the country. In an article he titled “After Ye Have Suffered A While,” the Presidential Media aide, urged Nigerians […]
Continue ReadingThe Peoples Democratic Party (PDP) in a statement on Sunday, said the administration of former President Goodluck Jonathan saw recession coming since 2011 and started taking steps to tackle it, but was frustrated by some individuals.Dayo Adeyeye, spokesman of the PDP caretaker committee, make the declaration while responding to the allegations by Mohammed Baduru, governor of Jigawa […]
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