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In February 2021, the Central Bank of Nigeria reported a huge drop in the country’s diaspora remittances. The figure was $13.65bn lower when compared to the 2019 remittances of $5.72billion which, in turn, was lower than the 2018 remittances figure of $11.23 billion. Ripples and Metrics examined the International Payments Data and observed that Diaspora…
It was quite cheering when information from the National Bureau of Statistics last week revealed that Nigeria’s inflation rate reduced by 0.05 per cent in April compared to what obtained in March. The bureau said while inflation rate stood at 18.17 per cent in March, it reduced to 18.12 per cent in April. It might…
The Nigeria Labour Congress (NLC) on 16 May 2021 plunged Kaduna State into total darkness as workers protest the current hardliner posture of the state government on labour issues. Schools, banks, and other critical institutions in the state were directed to shut down. Air and rail transport services were also suspended. Over 15 different unions…
When President Muhammadu Buhari appointed Hadiza Bala Usman as the first ever female Managing Director of the Nigerian Ports Authority (NPA) in July 2016, many Nigerians received the news with mixed feelings. Prior to her appointment, she was the Chief of Staff to the Kaduna State Governor, Nasir el-Rufai, helping to spearhead reforms in a…
The Lagos State Government is consolidating on its resolve to get motorcycles, popularly known as Okada off the road in major parts of the state. This is following the disclosure by the Lagos State Governor, Babajide Sanwo-Olu who at a stakeholders meeting held at the Adeyemi Bero Hall, Alausa, Ikeja on 10 May 2021 declared that the state…
Far from speculations and oracular deductions, access to uninterrupted potable water supply across the country has remained a challenge. This is evident in the quotation of the Honourable Minister of Water Resources, Engr. Suleiman Adamu which reads: “There is no single city in this country that enjoys pipe-borne water 24 hours a day, seven…
While successive governments have made efforts in diversifying Nigeria’s economy across major sectors, one segment that awaits the nation’s exploits is natural gas. In all human existence, energy is of importance. Energy has always been a major means of wealth creation. It is therefore imperative that the role of energy as an economic driver is…
Nigerian consumers have remained victims of manipulation in the hands of manufacturers. Although, there are regulatory agencies saddled with the responsibility of checkmating this menace, the violation of customer rights seems to have continued unhindered. Staple foods have become fast-moving consumers goods (FMCG) for many Nigerians. Not a day goes by without thousands consuming them….
Lagos State Governor, Mr Babajide Sanwo-Olu announced that the state is unveiling its five-year agricultural master plan to boost food production in the state. He disclosed this at a recent event with the theme, “Implementation of Exploratory Dialogue of the United Nations Food Systems Summit in South-West Geopolitical Zone.” According to the governor, “You will…
Consternation is already buzzing over the Federal Government’s hint of a slash in the salaries of civil servants. Zainab Ahmed, the Minister of Finance, had made the disclosure that the National Salaries, Incomes and Wages Commission had been directed to identify steps that may involve a reduction in the salaries of workers and employees of…
