UPDATED: Port Harcourt Refinery Yet To Take Off As Deadline Elapses
The Port Harcourt Refining Company Limited (PHRC) is yet to commence operation despite assurances by authorities that it will come on stream about two weeks ago. Citizens have been made to believe that the coming on board of the Port Harcourt refinery, which had been moribund for decades, and subsequently others in Warri and Kaduna, […]
Despite Fall In Exchange Rate ‘Food Inflation’ rises to 40%
At the backdrop of sustained rise in prices of staple food items in the market, Nigeria has recorded an unprecedented food inflation rate of 40 percent in March 2024. Economists and financial analysts explained that the development would put more pressure on the purchasing power of average Nigerian and they also predict that the trend will continue […]
UPDATED: Naira Trades Below 1000
There is a remarkable surge in the value of the Nigerian currency, naira, against the US dollar. Reports have it that the Naira has exceeded crucial resistance levels and is trading below ₦1,000 in certain sectors of the black market. This impressive achievement is in line with Goldman Sachs’ forecasts and occurs amidst escalating global […]
We Are Building A Legacy With SAfER Bus Initiative In Oyo State – PTS Chairman, Dikko
We Are Building A Legacy With SAfER Bus Initiative In Oyo State – PTS Chairman, Dikko The Chairman of Pacesetter Transport Service, PTS, Dr Ibraheem Oladimeji Salami, popularly known as Dikko, has stated that the Agency is building a legacy with the Sustainable Action for Economic Recovery, SAfER initiative of the current administration. Dikko, who […]
Nigeria Makes list of Poorly-governed Countries in Africa (SEE FULL LIST)
Nigeria Makes list of Poorly-governed Countries in Africa (SEE FULL LIST) Although Nigeria is being refers to as the giant of Africa, the country (Nigeria) has been ranked in the list of poorly-governed countries on the African continent by World Economics , a United Kingdom (UK) based research organisation. Egalitarian Voice gathered that the good governance […]
Price Of Bag Of Rice, Beans, Other Food Commodities
Price Of Bag Of Rice, Beans, Other Food Commodities The cost of essential food commodities like rice and beans has seen a significant rise across Nigeria, a trend attributed to recent policy changes by President Bola Tinubu‘s administration. The escalating prices have spurredl widespread discontent, with citizens in various parts of the country staging protests […]
Subsidy removal: FG, states, LGs allocations Hit N10.14tn
Subsidy removal: FG, states, LGs allocations Hit N10.14tn The removal of subsidy on Premium Motor Spirit, popularly called petrol, pushed up the statutory revenue allocations from the Federation Account that was shared by the three tiers of government in 2023 to N10.14tn. Data released on Tuesday by the Nigeria Extractive Industries Transparency Initiative in its […]
NBS Report: Kogi, Rivers, Bauchi, Oyo States Worst Hit By Food Inflation In 2024
Kogi, Rivers, Oyo and Bauchi states have ranked the highest in food and all items inflation between 2023 and 2024, according to the National Bureau of Statistics (NBS) report. The year-on-year basis food and all items report released by the Bureau showed that the food inflation rate in February 2024 rose to 37.92%, showing 13.57% […]
Amid Hardship: You’re ‘Rich’ If You Still Do These 5 Things In Nigeria Of Today [See List]
Amid the hardship in Nigeria, where a lot of people are complaining about the cost of living, some people still maintain some lifestyles that make them come across as rich. Rich has always been subjective. But amid the hardship in Nigeria, where a lot of people are complaining about the cost of living, some […]
REPORT: Nearly 26.5Million Nigerians Will Experience Worse Food Scarcity In June, August
REPORT: Nearly 26.5Million Nigerians Will Experience Worse Food Scarcity In June, August A report recently published by SB Morgen Intelligence has predicted that over 26 million Nigerians will experience acute food scarcity between the period of June and August 2024. The report added that the most vulnerable victims would be residents of the Northwest and […]