Economy Archives - Page 19 of 95

Jun

27

2025

2027: Ohanaeze Ndigbo Warns Tinubu To Address Hunger & Insecurity Or Forget Second Tenure Bid

Column, Economy, Metro, News, Opinion, Politics2027, Ohanaeze Ndigbo, Opinion, Politics, Seyi Tinubu

OHANAEZE NDIGBO PRESS RELEASE - 26TH JUNE 2025 The Ohanaeze Ndigbo, the preeminent Igbo sociocultural organization, feels a profound obligation to deliver this Urgent and crucial message to President Bola Ahmed Tinubu. We are compelled to unveil an undeniable and uncomfortable truth: the All Progressives Congress (APC) is precariously positioned as it approaches the 2027 elections. If the Federal Government continues to dismiss the alarming warnings concerning extreme poverty, pervasive hardships, and escalating insecurity, the consequences will be dire. Mr. President, it is critical to acknowledge that Nigerians are enduring overwhelming suffering. If their grievances remain unaddressed, a revolt against…

Jun

14

2025

By Amos Oge Kalu

Senate Rejects Part-Time Parliament, Defends Lawmakers’ Salaries Amid Cost-Cutting Calls

Economy, News, Opinion, PoliticsNext Level, Nigeria, Opinion, Politics, Senate

Senate Spokesman, Senator Yemi Adaramodu, has firmly opposed proposals for a part-time parliamentary system in Nigeria, warning that such a move would equate to a "part-time democracy" and jeopardize the nation's democratic framework. Speaking during an interview on Channels Television on Friday, Adaramodu also insisted that no cost-cutting measures should affect lawmakers' salaries and allocations. Adaramodu, who represents Ekiti South Senatorial District and is a member of the ruling party, argued that a part-time parliament would undermine Nigeria’s democracy, stating, “There is no democracy that derides its parliament and thrives.” He emphasized the critical role of the 109 senators and…

May

22

2025

By Amos Oge Kalu

Nigeria Announces Partnership With Chocolate City Group To Transform National Film Institute.

Economy, Metro, News, PoliticsMetro, Politics

CANNES, FRANCE, MAY 21, 2025: The Nigerian Government and Chocolate City Group have announced a partnership to transform the National Film Institute (NFI) into a world-class film school and production center. The agreement was signed at the Cannes Film Festival, where the Nigerian delegation is making an impressive showing through the "Screen Nigeria" initiative. The NFI transformation forms a key component of the Nigerian government's growth plan, "Destination 2030: Nigeria Everywhere," which aims to create 2 million jobs and contribute $100 billion to the nation's GDP by 2030 through expansion of the creative and tourism sectors. The partnership with Chocolate…

May

22

2025

By Amos Oge Kalu

BudgIT: Peter Obi on N70 trillion in budget fraud: “Nigeria is a scene of corruption.”

Business, Economy, Opinion, PoliticsEconomy, Metro, Opinion, Peter Obi, Politics

Peter Obi, the standard bearer for the Labour Party in the 2023 election, has criticised Nigeria's unrelenting corruption. Obi claimed Nigeria is still rife with corruption in response to the massive N70 trillion budget scam that BudgIT discovered in the 2025 federal budget. “I have consistently maintained that for this country to make progress, Nigeria must cease to function as a crime scene and be repositioned for genuine development,” Obi said in a statement released by POMR spokesman Ibrahim Umar. “This entrenched corruption – persistent and deeply rooted – must be nipped in the bud if there is to be…

May

22

2025

By Amos Oge Kalu

Governor Alex Otti To Rolls Out 20 Electric Buses For Transportation in Abia State

Abia State, Economy, Metro, News, PoliticsAbia State, Alex Otti, Politics

Abia State Governor, Dr. Alex Otti says his administration has procured 20 electric buses which will be rolled out in the next 2 months. Governor Otti disclosed this while addressing Aba community who organized a thanksgiving carnival tagged 'Promise Kept Carnival' at Umuagbai Secondary School premises, Port Harcourt road, Aba in celebration of the Governor for reconstructing and completing Port Harcourt Road, abandoned for over 3 decades. He said that the bus terminals are being built for the transport system in the State while the 20 electric buses for the transportation would be for the first instance. "In the next…