Economy

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.

💥BREAKING The Three Tiers Of Government ( Federal Government, States, LGs) Are Set To Share N1.959 trillion In July 2023. ●Statutory Collections Make Up N1.7 Trillion Of The Federally Collected Revenues, Followed By N293 Billion From VAT And N12 Billion From Electronic Money Transfer Charges. That FAAC will share almost N2trillion in July, the first time in history, as revenue for the three tiers of government, is an immediate and major benefit of fuel subsidy removal. This money that would have been frettered away, in a month, via fuel subsidy will now go into the coffers of government to improve…

Jul

2023

President Tinubu Signs 4 Executive Orders One Of Which Is The Suspension Of The 5% Exercise Tax On Telecom Services

President Bola Tinubu has signed four Executive Orders one of which is the suspension of the five per cent Excise Tax on telecommunication services as well as the Excise Duties escalation on locally manufactured products. President Tinubu also signed The Customs, Excise Tariff (Variation) Amendment Order, 2023, shifting the commencement date of the tax changes from March 27, 2023 to August 1, 2023 and also in line with the National Tax Policy. Tinubu also ordered the suspension of the newly introduced Green Tax by way of Excise Tax on Single-Use Plastics, including plastic containers and bottles as well as the…

Jul

2023

Our Government Committed To Instituting Reforms – President Tinubu Tells Visiting Bank Of America Team.

STATE HOUSE PRESS RELEASE President Asiwaju Bola Ahmed Tinubu has expressed confidence that his administration is on the pathway to success in spite of the challenges facing the country, saying Nigeria has no reason to fail the rest of the African continent. Receiving visiting Bank of America officials in his office at the State House on Tuesday, the President said his government was committed to instituting reforms that would engender the sustainable growth and development of the country. "We believe we are on the right track so far. We believe we need all the help we can get," the President…

Jul

2023

Petrol Price Crashes At Depots Amid Low Demand