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Economic Policies

The legislature in defence of our economy and democracy

In the last couple of weeks, the economic and political news coming out of Nigeria has not been positive. It has been about doing things the wrong way, lack of due process, desecration of the rule of law, outright impunity for violators of rights and economic policies that have attracted negative ratings
Buhari Media Organisation (BMO)

BMO: World Bank’s poverty report correct, incomplete

The Buhari Media Organisation has described the 2019 Nigeria economic update by World Bank as correct but incomplete.

UN warns of mass starvation in Zimbabwe as drought bites

A United Nations expert has warned of a looming mass starvation in Zimbabwe as the effects of a severe drought and a collapsing economy take their toll.
Chilean President Sebastian Pinera has pledged no impunity for security forces that he said used excessive force and violated the rights of protesters during weeks of violent riots over economic policies and social injustice

Chile’s Sebastian Pinera vows action over security force abuses

Chilean President Sebastian Pinera has pledged "no impunity" for security forces that he said used excessive force and violated the rights of protesters during weeks of violent riots over economic policies and social injustice that have left more than 20 dead.
President Muhammadu Buhari has felicitated with all the 2019 Nigerian pilgrims over the successful completion of their Hajj rites and the Eid-el-Kabeer celebration.

President Buhari: Nigeria’s democracy is maturing

President Muhammadu Buhari Monday in Abuja declared that ‘Nigeria democracy is maturing,’ citing the peaceful and orderly conduct of 2019 general elections and the resort to the rule of law by aggrieved candidates in settling disputes.
President Buhari at the event

Former presidential candidate slams President Buhari over directive on food importation

Former deputy governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, has criticised President Muhammadu Buhari over his directive to the bank to halt foreign exchange for food importation.
Adams Oshiomhole

Minimum wage: Comrade Oshiomhole charges labour unions to challenge political leaders

The National Chairman of the All Progressives Congress (APC), Adams Oshiomhole, has called on organised labour to challenge political leaders to ensure that state resources meet the needs of workers and other Nigerians.

Godwin Emefiele: Smuggling, others hinder economic policies

The CBN governor, Dr Godwin Emefiele, has identified smuggling and dumping of goods as the greatest challenges hindering the success of Nigeria’s economic policies.

National Assembly leadership: I am not manipulating process – Asiwaju Tinubu

Asiwaju Bola Tinubu, the National Leader of All Progressives Congress (APC), has denied reports of manipulating process for nominating leadership of the National Assembly (NASS), describing the insinuations as injurious to President Muhammadu Buhari.
Timothy Olawale - Nigeria Employers’ Consultative Association (NECA)

NECA seeks policy stability in new administration

The Nigeria Employers’ Consultative Association (NECA), has called on the Federal Government to ensure sustained commitment on the stability of economic policies, social investment programmes and deepening of engagement with the private sector in President Muhammadu Buhari’s second term.
President Muhammadu Buhari in Ado Ekiti on Tuesday said he had directed security agencies to keep tabs on people on corruption watch list.

President Buhari: Our economic policies are making desired impact

President Muhammadu Buhari on Saturday in Lagos said his administration’s economic policies are making the desired impact, evidenced by steady growth in the economy in the last three years.

The self-destructive, unforced error of fuel subsidy

The above quote is probably synonymous with the popular definition of insanity as “the continuous repetition of the same process with the same wrong results, and still expect a positive difference at each turn.”
President Buhari receives in audience Deputy Senate President and South East Governors in State House on 21st Nov 2018-2

2019: You can’t sway South East with fake promises – PDP tells Muhammadu Buhari

The Peoples Democratic Party (PDP) has told President Muhammadu Buhari that Nigerians are no longer interested in fake promises and false performance claims, now that elections are around the corner.
Philippine President Rodrigo Duterte. PHOTO- NOEL CELIS - AFP

President Duterte blames Donald Trump for Philippines economic woes

Philippine President Rodrigo Duterte on Saturday blamed US President Donald Trump after inflation hit a nine-year high in the Philippines, hurting the image of the populist leader.

China, US officials to resume trade talks in Washington

US and Chinese mid-level officials are set to resume contentious trade talks on Wednesday amid low expectations.

Jordan’s premier Hani Mulki resigns after protest

Jordan’s Prime Minister Hani Mulki has submitted his resignation to King Abdullah on Monday, an official source said.

NEXIM Bank board gets new chairman

A former Deputy Governor (Economic Policies) at Central Bank of Nigeria (CBN), Joseph Nnanna, has been named as the Chairman of Board of Nigeria Export Import Bank (NEXIM) by the federal government.

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Sinatu Aderoju Ojikutu

US visa restriction against Nigerians, commendable – Ex-Lagos deputy governor

A former Lagos State Deputy Governor, Alhaja Sinatu Ojikutu, has said American President Donald Trump deserves commendation for extending his visa restriction policy to Nigeria.
Magnus Abe

Senator Abe: Leadership without sacrifice is meaningless

Immediate past representative of the Rivers South-East Senatorial District at the National Assembly, Senator Magnus Ngei Abe, has declared that leadership without sacrifice is meaningless.
The Federal Government is committed to providing an enabling environment for businesses to succeed, as partnerships between the public and private sectors remain the most viable means of bringing prosperity to the masses.

President Buhari: Boko Haram continuous existence surprising

President Muhammadu Buhari says “harder times’’ await bandits whose disruptive activities have brought sorrow to Nigerians, kept many away from their means of livelihood, and heightened insecurity in parts of the country.

PDP wins Imo rerun

The Independent National Electoral Commission has declared Jerry Alagbaoso of the Peoples Democratic Party the winner of the supplementary election held on Saturday in Orlu/Orsu/Oru East Federal Constituency in Imo State.
The Centers for Disease Control and Prevention is expanding its enhanced health screening to 20 airports as part of its efforts to identify people with the new coronavirus who are traveling into the United States, the agency said.

US expands health screenings for coronavirus to 20 airports

The Centers for Disease Control and Prevention is expanding its enhanced health screening to 20 airports as part of its efforts to identify people with the new coronavirus who are traveling into the United States, the agency said in a press conference today.