Economy

Sep
25
2024
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By Abia ThinkTank
Tinubu And The Pursuit Of Alternative Truths – By Dr. Engr. Odo Ijere (Okpotemba)

Tinubu And The Pursuit Of Alternative Truths – By Dr. Engr. Odo Ijere (Okpotemba)

Columns/Opinions/Letters, Economy, News Flash
TINUBU AND THE PURSUIT OF ALTERNATIVE TRUTHS. The hot pursuits of untruths, half truths, and what consistently is symptomatic of the alternative truths by the Tinubu government has become the norms of the presidency. Every truth is denied for want of perhaps alternative and non existent truths or just illusions. The nation is bedraggled with falsehoods and deceit with reckless abandon arising from the pursuits of banality and baseless illusions to ensure we continue to sink deeper and deeper. Who brought this calamity upon us? Edo election has come and gone but leaves the truth in no man's land with…
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Sep
25
2024
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By Abia ThinkTank
Lifting Petrol From Dangote Refinery Will Moderate FX Pressure – CBN Governor

Lifting Petrol From Dangote Refinery Will Moderate FX Pressure – CBN Governor

CBN/Commercial Banking, Columns/Opinions/Letters, Economy, News Flash
Lifting Petrol From Dangote Refinery ‘ll Moderate FX Pressure – CBN Governor, Cardoso The Governor of the Central Bank of Nigeria, Yemi Cardoso, says lifting of petroleum products from the Dangote Refinery will moderate foreign exchange demand pressures. Cardoso who said this on Tuesday in Abuja, while presenting a communique from the apex bank’s 297th Monetary Policy Committee meeting, said that it would also moderate transportation cost, thereby easing food prices. “The committee expressed optimism that the lifting of refined petroleum products from Dangote refinery will moderate transportation costs and significantly support the easing of food price pressures in the…
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Sep
22
2024
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By Abia ThinkTank
Building Capacity To Support Sustainable Development Activities: A Case Study Of ABIA State – Presented By Dr. Alex Otti OFR @ An International Conference In U.K

Building Capacity To Support Sustainable Development Activities: A Case Study Of ABIA State – Presented By Dr. Alex Otti OFR @ An International Conference In U.K

Abia State, Economy, Good Governance, International, News Flash
BUILDING CAPACITY TO SUPPORT SUSTAINABLE DEVELOPMENT ACTIVITIES: A CASE STUDY OF ABIA STATE. PRESENTED BY THE GOVERNOR OF ABIA STATE, HIS EXCELLENCY DR ALEX C. OTTI, OFR, AT THE INTERNATIONAL CONFERENCE ON HUMAN RIGHTS, SUSTAINABILITY AND CLIMATE CHANGE AT THE SCHOOL OF LAW, UNIVERSITY OF BUCKINGHAM, UNITED KINGDOM. Evolution of Development.1.1. Historical evolution of development concepts, focusing on living conditions, social justice, and governance: Development is an ever-present idea that continues to evolve as human society reaches new possibilities and comes to a new sense of awareness of its strengths, opportunities and environmental advantages. The theory of development has preoccupied…
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Sep
21
2024
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By Abia ThinkTank
Gov. Otti Flags-Off Disbursement Of Interest-Free Agricultural Empowerment Loan To 298 Farmers Trained At CSS Farm

Gov. Otti Flags-Off Disbursement Of Interest-Free Agricultural Empowerment Loan To 298 Farmers Trained At CSS Farm

Abia State, Agriculture, Economy, Good Governance, News Flash
Governor Otti Flags-off Disbursement ofInterest-Free Agricultural Empowerment Loan to 298 Farmers Trained at CSS Farm. Abia State Government says it is determined to create a new pathway of wealth for its citizens by providing them the needed support to make the most of the available resources domiciled in the State. Governor Alex Otti stated this during the flag-off of the disbursement of the Interest-Free Agricultural Empowerment Loan to 298 individuals trained at the CSS Farm, Nasarawa State by the Abia State Government. The Governor represented by his Chief of Staff, Pastor Caleb Ajagba, PhD, disclosed that the State government is…
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Sep
20
2024
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By Abia ThinkTank
October 1st Protest Targeted At Embarrassing President Tinubu – Group

October 1st Protest Targeted At Embarrassing President Tinubu – Group

Columns/Opinions/Letters, Economy, News Flash
October 1 Protest Target To Embarrass Tinubu – Groups Say Frontline leaders representing over 60 youthful organisations on Thursday promised the office of the Presidential Amnesty Programme that their members would steer clear of the October 1 nationwide protest. The groups alleged that the demonstration being planned by some agitated youths and civil society movements was targeted at embarrassing the administration of President Bola Tinubu. The delegation led by the President of Nigeria Youth Organization, Duke Alamboye, gave the assurance during a courtesy visit to the Administrator of the Presidential Amnesty Programme, Dr Dennis Otuaro, in Abuja. This was contained…
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Sep
20
2024
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By Abia ThinkTank
Tinubu’s Government Inherited Hardship From Buhari’s Administration – Emir

Tinubu’s Government Inherited Hardship From Buhari’s Administration – Emir

Columns/Opinions/Letters, Economy, News Flash
Tinubu’s Govt Inherited Hardship From Buhari’s Administration – Emir Alhaji Umar Farouk Bahago, the Emir of Minna has stated that the current economic challenges faced by Nigerians were inherited from the Buhari administration. He made this assertion during a sensitisation event on federal government intervention programmes organised by the Office of the Minister of Information and National Orientation, held in Minna, Niger State. Represented by the Hadinin Minna, Alhaji Maikudi Achaza, the emir commended President Bola Tinubu for his efforts to address the issues stemming from past corruption. He emphasised that many citizens remain unaware of the Tinubu administration’s initiatives…
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Sep
19
2024
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By Abia ThinkTank
Minimum Wage: Private Employers Paying Below N70,000 Risk Jail – FGN

Minimum Wage: Private Employers Paying Below N70,000 Risk Jail – FGN

Economy, Labour, News Flash
Private Employers Paying Below N70,000 Risk Jail – FG The Federal Government has called on agencies recruiting for the private sector to adhere to the N70,000 minimum wage, warning that any deviation would not be tolerated. According to the FG, the new minimum wage is necessary to address the current economic reality, emphasising that no Nigerian worker, whether in government or private employment, should be paid less than the minimum wage. The Permanent Secretary, Federal Ministry of Labour and Employment, Alhaji Ismaila Abubakar, stated this on Wednesday while speaking at the 13th Annual General Meeting of the Employers Association for…
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Sep
18
2024
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By Abia ThinkTank
NNPCL/Dangote: Fresh Dispute Emerges Over Supply Volume

NNPCL/Dangote: Fresh Dispute Emerges Over Supply Volume

Business, Economy, News Flash, Oil & Gas
NNPCL/Dangote: Fresh Dispute Emerges Over Supply Volume More controversy has emerged in the execution of a sale-purchase deal on premium motor spirit, otherwise known as petrol, between the Nigerian National Petroleum Company Limited, NNPCL, and Dangote Refinery. Findings by Vanguard yesterday indicated that while the NNPCL believes Dangote cannot supply an adequate quantity of the product, Dangote told Vanguard it had already delivered 111 million litres of the product within three days (last Sunday to yesterday), adding that loading was still ongoing steadily.NNPCL last weekend said Dangote could only deliver 16.8 million litres out of the 25 million litres it…
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Sep
18
2024
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By Abia ThinkTank
Presidency Reacts To Reports Of CBN Governor, Yemi Cardoso’s Resignation

Presidency Reacts To Reports Of CBN Governor, Yemi Cardoso’s Resignation

CBN/Commercial Banking, Economy, News Flash
Presidency Reacts To Reports Of CBN Governor, Yemi Cardoso’s Resignation The presidency has dismissed a viral report claiming that President Bola Tinubu asked Central Bank of Nigeria (CBN) Governor Yemi Cardoso to resign. An online business publication had alleged that the President requested Cardoso’s resignation due to his failure to revive the economy and stabilize the naira, a year after assuming the role. The report further stated that Cardoso had allegedly promised to shore up the value of the naira to a range of N700 to N900 per dollar by May 2024, a target that was not met, leading to…
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Sep
18
2024
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By Abia ThinkTank
FGN Unveils $100 Billion Creative Economy Growth Plan, Target 2 Million Jobs

FGN Unveils $100 Billion Creative Economy Growth Plan, Target 2 Million Jobs

Economy, FGN, News Flash
FG Unveils $100 Billion Creative Economy Growth Plan, Target 2 Million Jobs The Federal Government has launched an eight-point plan to generate at least $100 billion and create over two million jobs from Nigeria’s creative economy yearly. The plan, unveiled by the Minister of Art, Culture and the Creative Economy, Hannatu Musa Musawa, at a roundtable for local and international investors in Lagos, has the potential to grow Nigeria’s creative economy by 400% by 2027, positioning the sector to leapfrog in the long term. According to the Minister, the 8-Point Plan and Roadmap include initiatives such as skills development, policy…
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