“It’s Not Socialism”: China is a Capitalist Cheap Labour Economy, Based on Exceedingly Low Wages

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….

Read More

NNPC Remittance: Atiku condemns CBN’s takeover of crude oil sales

…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…

Read More

‘Helps with transparency’ — Moghalu praises decision to transfer NNPC’s revenue to CBN

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…

Read More

Ignore Noise From Northern Politicians And Proceed With Relocation Of Central Bank Departments From Abuja To Lagos, Sanusi Tells CBN Gov

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…

Read More

Otti names Sanusi, Okonjo-Iweala, others in Abia global economic advisory council

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…

Read More

Why I Didn’t Sack Ex-CBN Governor, Godwin Emefiele – Buhari

Muhammadu Buhari, the former President of Nigeria, has explained the reason behind his decision not to sack Godwin Emefiele, the former Governor of the Central Bank of Nigeria, despite widespread speculations about Emefiele’s potential presidential candidacy in 2023. Buhari said that Emefiele never discussed it with him.This revelation and others were made public in a…

Read More

Abia State Governor, Alex Otti said that a total of 6,500 small scale business owners in Abia State have benefitted from Nigeria COVID-19 Action Recovery and Economic Stimulus (NG-CARES) Program (results area 3).

…State Assembly Says Selection Process Transparent NG-CARES is a program designed to mitigate the negative impact of the COVID-19 pandemic on the livelihoods of poor individuals, farmers, vulnerable households, communities, and owners of micro and small enterprises in Nigeria. The program is subdivided into result area 1, 2 and 3. The result area 1 focuses…

Read More

GOTNI Leadership Centre

The Advanced Leadership Programme is an exclusive platform for senior executives, successful entrepreneurs, high-level professionals, and seasoned leaders like you to redefine the boundaries of effective leadership. Why Choose ALP? Bespoke Curriculum for the Elite: Our programme is meticulously crafted, blending innovative strategies with practical wisdom, tailored for those at the pinnacle of their careers….

Read More

The Dangote Petroleum Refinery has sought the approval of the Federal Government to hit the domestic market with diesel and aviation fuel.

The approval is expected from the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, which is responsible for the regulation of midstream and downstream petroleum operations in Nigeria. The refined products are currently stored in the refinery’s storage tanks while awaiting approval. In a statement, the company stated: “We have started the production of diesel…

Read More