Economic Recession

Governor Seriake Dickson of Bayelsa State has approved the payment of the N30,000 new National Minimum Wage to workers in the state with effect from this month.

The United States Agency for International Development (USAID), has said that it has provided care and support to over half a million children orphaned or affected by the Human Immunodeficiency Virus (HIV).

There is still high rate of poverty in Nigeria despite government’s effort in pulling the country out of recession, the national chairman of the All Progressives Congress (APC), Adam Oshiomhole, has said.

A report by the National Bureau of Statistics (NBS) in collaboration with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has indicated that Medium scale enterprises dropped significantly by about 60 per cent, due to economic recession that spanned through 2017.

The Buhari Media Organisation (BMO) has reacted to a statement credited to the Abdulaziz Yari, Governor of Zamfara State, at a meeting of the Nigeria Governors’ Forum.

The prediction of Zamfara governor Abdulaziz Yari that Nigeria will slide into a recession again has been faulted by Manufacturers Association of Nigeria (MAN) and the Lagos Chamber of Commerce and Industry (LCCI).

Abdulaziz Yari, the governor of Zamfara State, who also doubles as the chairman of the Nigerian Governors’ Forum, has warned that Nigeria may head for another economic recession due to the decline in the price of oil.

President Muhammadu Buhari has welcomed the acceptance of the United Nations Secretary-General, Antonio Guterres, to co-chair a Special Session to raise $50 billion to fund the inter-basin water transfer from Central Africa to revive the Lake Chad, the presidency said in a statement, Tuesday.

The counsel representing the leader of the Indigenous People of Biafra (IPOB) and Director of Radio Biafra, Mazi Nnamdi Kanu; Barrister Aloy Ejimakor, said that he is not aware about the decision of Kanu’s sureties to withdraw their suretyship.

Top officials of the All Progressives Congress (APC) and hundreds of their supporters from Jos South Local Government Area of Plateau State have defected to the People’s Democratic Party (PDP) to align with Chairman, House Committee on Rules and Business in the House of Representatives, Hon. Edward Pwajok.

An economist, Chika Onuegbu, has said that the economic indicators in the country for 2019 were unfavourable to Nigeria, adding that the year will be very tough for the country.

The Peoples Democratic Party (PDP) Presidential Campaign Organisation (PPCO) has challenged President Muhammadu Buhari to answer an allegation made by Atiku Abubakar that family members of the president had acquired Etisalat Nigeria and Keystone Bank Plc at the tune of N1.032 trillion.

The President of the Senate, Dr Bukola Saraki, has urged President Muhammadu Buhari to assent to the Petroleum Industry Governance Bill (PIGB) and other bills critical to national development.

Osita Okechukwu, the director general of the Voice of Nigeria (VON), has saluted Ibrahim Babangida, former military president, for vindicating disciples of President Muhammadu Buhari on his laudable achievements since assumption of office in May 2015.

The population of unauthorised immigrants in the United States fell to 10.7 million in 2016, its lowest level since 2004.

Immediate past President of Ghana, John Dramani Mahama, at the weekend, urged Nigeria and Ghana to leverage on their human and material resources to propel the sub-region to greater economic prosperity and dignity.

The Minister of Power, Works and Housing, Babatunde Fashola, has said former President Goodluck Johnathan only conceded defeat after the 2015 elections because he knew the nation would witness economic recession soon.

Church leaders under the aegis of Spiritual Fathers Forum (SFF) has affirmed their support for the re-election bid of Akwa-Ibom State Governor, Emmanuel Udom.