Governor Ademola Adeleke of Osun has said the state was resolved to contribute significantly to Nigeria’s economic diversification by boosting cocoa production and export. A statement by Malam Olawale Rasheed, the governor’s spokesman, and made available to newsmen on Wednesday in Osogbo, quotes Adeleke as saying this at the official unveiling of Gureje IV Chocolate…
17 Abia State LGAs received ₦46.5bn, on the average, each LGA received ₦2.74bn 21 ADAMAWA LGAs: ₦62.3bn | ₦2.97bn 31 AKWA IBOM LGAs: ₦83.6bn | ₦2.70bn 21 ANAMBRA LGAs: ₦66.5bn | ₦3.17bn 20 BAUCHI LGAs: ₦69.6bn | ₦3.48bn 8 BAYELSA LGAs: ₦30.5bn | ₦3.82bn 23 BENUE LGAs: ₦73.5bn | ₦3.2bn 27 BORNO LGAs: ₦82.4bn |…
By Law Mefor A few days ago, Ndigbo came under fire from Professor Usman Yusuf, the former Executive Secretary of the National Health Insurance Scheme (NHIS), for their perceived lack of interest in the ongoing nationally spreading hunger protests and strikes. He said: “I honestly don’t know why the South East is quiet, uncharacteristically quiet….
By Law Mefor President Bola Tinubu recently declared that he should be included in the Guinness Book of Records for having the guts to remove fuel subsidy on his first day in office—something that no other Nigerian president has ever done. Yes, he does deserve a spot like that, but sadly, it’s not for the…
Unlimited Reserves of Cheap Labor: 292 Million “Internal Migrant Workers” – BY MICHEL CHOSSUDOVSKY IntroductionMost analysts and historians fail to understand that starting in the early 1980s, China had become a full fledged capitalist country. There are powerful US business interests including Big Pharma, major hi-tech companies, banking institutions which are firmly entrenched inside China….
…Says action threatens operational efficiency of NNPC Ltd Presidential Candidate of the Peoples Democratic Party (PDP) in the 2023 General elections and former Vice President, Atiku Abubakar, has condemned the recent directive for Central Bank of Nigeria (CBN) to take over the responsibility for crude oil sales from Nigerian National Petroleum Company (NNPC) Limited. In…
BY BUSOLA ARO Kingsley Moghalu, former deputy governor of the Central Bank of Nigeria (CBN), has praised the decision to transfer revenue of the Nigerian National Petroleum Company (NNPC) Limited to the apex bank. Moghalu’s comment followed the announcement by Olayemi Cardoso, governor of CBN, that NNPC and the ministry of finance have agreed to…
SaharaReporters earlier reported that the Arewa Consultative Forum (ACF) kicked against the relocation, describing it as a deliberate plot against the Northern region. The dethroned emir of Kano and former Central Bank of Nigeria’s Governor, Muhammadu Sanusi has defended the relocation of some departments of the apex bank from Abuja to Lagos by the current…
A few days after the Central Bank of Nigeria, CBN, announced plans to permanently relocate some key departments from Abuja Headquarters to Lagos, the Federal Airport Authority of Nigeria, FAAN, will be following suit. According to an internal memo dated January 15, 2024, and signed by the managing director and chief executive of FAA, Olubunmi…
By Oluyemi Ogunseyin Former Governor of the Central Bank of Nigeria (CBN) and Emir of Kano, His Highness Khaleefa Muhammad Sanusi II has been selected as the Co-Chair of the newly-inaugurated Abia State Global Economic Advisory Council (AGEAC). Former Minister of Finance and Foreign Affairs, Dr. Ngozi Okonjo-Iweala is also one of the Honourary Advisors…
