Economy

Petrol Pump Price Won’t Go Up, Subsidy Remains – President Tinubu

Oil & Gas, Economy

Petrol Price Won’t Go Up, Subsidy Removal Stays – Tinubu Following rumours of a hike at the weekend, there was panic buying in some places, with Labour threatening a nationwide strike without notice should there be a further price adjustment. The Nigerian National Petroleum Company Limited (NNPCL) said it had no plan to adjust the current pump price. Ngelale stressed that Labour’s strike threat was premature. He told reporters at the Presidential villa that the steps being taken to clean up inefficiencies within the petroleum industry continue. He said: “The President wishes, first, to state that it is incumbent upon…

Aug

2023

We Pray Too Much In Nigeria-It’s Time To Embrace Science And Technology- Bishop Kukah

WE PRAY TOO MUCH IN NIGERIA - IS TIME TO EMBRACE SCIENCE AND TECHNOLOGY .. Bishop Kukah After independence, in order to build a great nation, each country went to work. But in Nigeria, after independence, our people went to pray and fast. So, while we were praying, Malaysia came here and took our palm seedlings and build a great factory of it. While we were praying, Singapore went into investment in technology. While we were praying, India went into ICT. While we were praying, China went to massive industrialization. While we were shouting Allah Alakuba! UAE went into massive…

Aug

2023

400-Level UI Student Appointed Member Of Tinubu’s Tax Reforms Committee

400-level UI student appointed member of Tinubu’s tax reforms committee August 08, 2023 Orire Agbaje, a 400 level Economics student of the University of Ibadan (UI), has been appointed by President Bola Tinubu as a member of the presidential committee on fiscal policy and tax reforms. TheCable understands that Agbaje is the president of The Tax Club, University of Ibadan, as well as the president of the Nigerian Universities Tax Club. On her LinkedIn profile, Agbaje describes herself as “assertive and hardworking”. “Presently, I’m an undergraduate student of University of Ibadan reading Economics; I major in International and Monetary Economics,”…

Aug

2023

Addressing Economic Disparities: The Call For Interest-Free Loans For All Citizens – By Faisal A. Garba

Addressing Economic Disparities: The Call for Interest-Free Loans for All Citizens By Faisal A. Garba In recent times, the removal of the subsidy on petroleum products by President Ahmed Bola Tinubu has caused a significant increase in the prices of essential commodities used every day by the common man. This sudden spike in living costs has put immense pressure on the already struggling citizens, particularly the Muslim community who are unable to access the proposed loans due to the interest component. As a concerned citizen, I call on President Tinubu to reconsider this aspect and introduce interest-free loans to ensure…

Aug

2023

Muslim Ummah Complain About President Tinubu’s Economic Policies

Dear President Tinubu, your economic policies have shortchanged the Muslim Ummah. I greet you with uttermost respect, my prayers and loyalty are with you. I hope this message will reach you in good health.I have listened to your National Broadcast tonight 31/7/2023 where you spoke to Nigerians about your economic policies and interventions to remedy the harsh effect of removal of petrol subsidy on Nigerians. This is indeed a good gesture and evidence that your government is listening to the yearnings of its citizens. Kudos.As you rightly mentioned in your speech, that you will speak to Nigerians in plain language…

Jul

2023

President Tinubu Affirms FG’s Readiness To Support Google To Create 1Million Digital Jobs In Nigeria

International, Economy

PRESIDENT TINUBU AFFIRMS FG'S READINESS TO SUPPORT GOOGLE TO CREATE 1MILLION DIGITAL JOBS IN NIGERIA President Asiwaju Bola Ahmed Tinubu has expressed the willingness of the Federal Government of Nigeria to support global tech giant, Google Incorporated, to create one million digital jobs in Nigeria. The President gave the assurance at the State House, Friday evening during the visit of Google Global Vice President, Mr. Richard Gingras, to his office. President Tinubu told the visiting Google executive that Nigeria had creative and talented young people who are ready and motivated to learn especially at this age of Artificial Intelligence, stressing…

Jul

2023

TUC To Tinubu: Nigerians Cannot Afford To Bear Brunt Of Fuel Subsidy Removal In Isolation

TUC To Tinubu: Nigerians cannot afford to bear brunt of fuel subsidy removal in isolation The Trade Union Congress (TUC) on Monday, applauded the decision of the Federal Government to remove fuel subsidy but lamented that the persistent call for sacrifices on the part of citizens was no longer tenable. Festus Osifo, President of TUC, while briefing the media on the state of the nation, noted that the Federal Government never reciprocates the sacrifices made by Nigerians. He urged the Tinubu led administration to show good example by cutting the cost of governance, stressing that the proposed purchase of new…

Jul

2023

A Stitch In Time, Saves Nine: NNPCL Must Stop Indiscriminate Price Increase – By Malam Aliyu Saminu

A STITCH IN TIME, SAVES NINE: IT IS TIME TO ACT If NNPCL are allowed to continue to increase pump price indiscriminately, it will certainly reach the level the country will be grounded completely. The federal, states and local governments should know that, with continues increase in the pump price of petroleum products and considering the amount paid to employees as salary, it will reach a point they will stop going to work, students will be forced to stop schooling as the income parents are making will not be enough to cater for basic necessities of life, let alone have…

Jul

2023

Breaking: The Three Tiers Of Government (Federal Government, States, LGs) Are Set To Share N2Trillion In July 2023, The First Time In History.