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Nyesom Wike has told the Peoples Democratic Party to abandon any hope of returning to office through entitlement, declaring at the party’s 109th National Executive Committee meeting in Abuja on Wednesday that political power is seized through struggle rather than handed over. Addressing party faithful, the Minister of the Federal Capital Territory and PDP…
Nigeria spends nearly five times more of its national revenue on servicing external debts than on healthcare and education combined. A damning report by ActionAid International and ActionAid Nigeria revealed the fiscal imbalance on Tuesday. The advocacy group directly accused the International Monetary Fund of pushing hostile policies that deliberately undermine social development. The country…
Nigerian civil servants have demanded an immediate 400 per cent increase in the national minimum wage to counter severe economic hardship. The Joint National Public Service Negotiating Council announced the position following a two-day national retreat in Osogbo, Osun State. Union leaders insist the current N70,000 monthly baseline leaves public workers entirely unable to cope…
Widespread insecurity and systemic institutional impunity are actively dismantling fundamental human rights across Nigeria, United Nations rights envoy, Nazila Ghanea, has warned. The international body delivered this critical assessment following an extensive structural review of the country’s domestic security and judicial architecture. The report notes that the state’s inability to protect civilians from non-state armed…
Widespread violent conflicts and rising insecurity are severely depressing household consumption and trapping millions of families in chronic poverty across northern Nigeria. A comprehensive study jointly conducted by the Chronic Poverty Advisory Network at the Institute of Development Studies, United Kingdom, and Nigeria’s Development Research and Projects Centre revealed these stark economic realities. The year-long…
The European Union launched a vital partnership with Nigeria to finance the domestic manufacture of Ready-to-Use Therapeutic Food. This collaborative initiative aims to end the country’s costly reliance on imported nutritional treatments for severe acute malnutrition. Massimo De Luca, the Head of Cooperation for the EU Delegation to Nigeria, announced the intervention at a specialized…
The Federal Government launched a national free-to-air digital television platform today to accelerate its long-delayed transition from analogue broadcasting. The project, dubbed FreeTV, promises households across the country access to over 100 channels without a monthly fee. This rollout represents a critical reset of Nigeria’s Digital Switch-Over programme. Previous attempts cost the state over N60…
Nigeria’s mega-refinery has delivered a rare piece of deflationary news to the domestic energy market. Dangote Petroleum Refinery has slashed the ex-depot price of petrol by six percent, shaving N75 off the cost of a litre. This commercial adjustment responds directly to a sharp drop in global crude benchmarks over the last 48 hours. For…
The International Monetary Fund has sparked widespread public concern and sharp economic anxiety across Nigeria by advising the Federal Government to introduce Value Added Tax (VAT) on premium motor spirit (petrol) and other fuel products. In its latest country assessment report, the Washington-based lender argued that levying a standard VAT on petroleum products is essential…
Afrobeats singer and activist Folarin Falana, popularly known as Falz, on Friday criticised the Federal Government over worsening insecurity and economic hardship, urging Nigerians to use the democratic process to express their dissatisfaction with governance. Falz spoke while addressing demonstrators at the June 12 protest in Lagos, where a coalition of civil society organisations, trade…
