The Journal seeks to become the most reliable, first-choice Pan-Nigerian information and public knowledge platform. The Journal Nigeria is a serious Journalism from an African Worldview
In a landmark move, President Muhammadu Buhari recently signed the Petroleum Industry Bill (PIB) into law after it was transmitted to him from the National Assembly for executive assent. Some of the key objectives of the PIA (Petroleum Industry Act) include safeguarding the long-term macroeconomic stability of the country, reforming the extractive industry institutional framework,…
Nigeria’s inflation dropped by 0.37% to 17.38% in July 2021, from the 17.75% recorded in June 2021. This is according to the latest report of the National Bureau of Statistics (NBS). According to the Bureau, the decline in the Consumer Price Index (CPI), which measures the rate of change in prices of goods and services,…
The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mr. Mele Kyari, recently stated that the rise in oil prices was hurting Nigeria, as the country relies heavily on fuel imports for its needs. Nigeria has four refineries with a combined nameplate capacity of 445,000 b/d, which are all offline after years of neglect,…
The World Bank recently reported that inflationary pressure in Nigeria has pushed about seven million Nigerians below the poverty line in 2020 alone. The revelation, which was contained in the bank’s latest report on Nigeria titled, ‘Nigeria Development Update: Resilience through Reforms’, was released about two weeks ago. The bank’s report also noted the capacity…
Nigeria’s rising debt profile has been an issue of intense debate in the last few weeks. It was the recent PDP Governors Conference that sharply brought it to the front burner. With increasing national interest, The Senate President, Ahmad Lawan, also felt he should lend his voice to this topical issue. In his comment, Senator…
The Federal Government is working toward enhancing special economic zones to boost FDI in Nigeria’s economy and creating a large number of employment opportunities. This initiative is part of the government’s promise and effort to revamp the economic sector thereby generating massive national income. It was in this light that The Federal Government announced the…
The president of African Development Bank (AFDB) Akinwunmi Adesina, during the 59th Ordinary Session of ECOWAS Conference of Heads of State and Government held in Ghana, had declared that; “The $430 million highway project connecting Enugu and Bamenda in Cameroon, will be completed next year”. In a recent follow-up comment on this, the African Development…
Nigeria has declared a long list of activities to mark the national Micro-, Small and Medium-sized Enterprises Day, (MSME) in tandem with World MSME Day as declared by the United Nations (UN). The UN General Assembly declared 27 June as Micro-, Small and Medium-sized Enterprises Day, to raise public awareness of their contribution to sustainable…
 The federal government has announced plans to concession Nigeria’s four major airports. These airports include; Murtala Muhammed International Airport Lagos (MMIA), Nnamdi Azikiwe International Airport Abuja (NAIA), Mallam Aminu International Airport Kano (MAKIA) and Port Harcourt International Airport (PHIA). Recently, Hadi Sirika, Minister of Aviation received the Outline Business Case Certificate of Compliance for…
An Abuja federal high court on Monday 21 June 2021 ordered oil giant, ExxonMobil and the Nigerian National Petroleum Corporation (NNPC), its Joint venture partner to pay a cumulative sum of N81.9 billion to Ibeno communities in Akwa Ibom as damages for oil spillage. This amount, according to the presiding judge, Justice Taiwo Taiwo must…
