Economy Archives - Page 28 of 95

Sep

22

2024

Ekeoha Market Demolition Begins: Abia State’s Bid for Modernization

Abia State, Business, Economy, Metro, News, Politics

The phased demolition of Aba's iconic Ekeoha market, also known as the Shopping Centre, has commenced, marking the beginning of Abia State's ambitious remodeling project. This initiative aims to elevate the market to international standards, ensuring a safer and more conducive trading environment for merchants and customers alike. Remodeling Objectives: Enhanced Safety: Provide a secure environment for traders and customers International Standards: Elevate the market's reputation and appeal Business Growth: Foster opportunities for traders and the local economy Governor Alex Otti has assured original shop owners that they will not lose their businesses during the remodelling exercise. The project, a…

Sep

15

2024

By Amos Oge Kalu

Mayday! Mayday! Our Country Is In So Much Trouble That Thinkers And Fixers Are Needed Urgently, I.

Column, Economy, Metro, News, Opinion, PoliticsChris Nwaokobia, Metro, Nigeria, Nwaokobia Jnr, Opinion, Politics

Mayday Call is meant to alert and warn against an impending danger, it is a distress call often put out by the Pilot of an Aircraft or the Captain of a Ship. It is a call for help, for salvage, for support, for solution, and for rescue if you like. It defines the urgency of the moment and has no place for jokers and sycophants. Nigeria is in trouble, our Country is in trouble, troubled on all sides. Troubled chiefly by leadership, or should I say the absence of it. Troubled by followership, a followership sickly and sickeningly divided down…

Sep

14

2024

By Amos Oge Kalu

Gov. Alex Otti Urges Traders To Relocate To Abia State, Assures Them Of Adequate Security, Business Friendly Atmosphere

Abia State, Business, Economy, MetroAbia State, Alex Otti, Business, Economy, Metro

Governor Alex Chioma Otti OFR has assured leaders and traders of Alaba International Markets, Oyinbo, Ladipo, and United Market Leaders and Traders Association of Nigeria of adequate security measures, a business-friendly atmosphere, and a conducive environment to invest and do business in Abia State. Through his Special Adviser on Trade, Commerce, and Industry, Chief Nwaka Inem, Governor Otti expressed his administration's readiness to create physical infrastructural development and facilities that will serve as a one-stop business hub for investors and traders. https://youtu.be/CqbjrbWDyEQ?si=yEE1qoPXkIG0kYR0 Chief Inem emphasized the state government's commitment to providing a conducive environment for businesses, highlighting initiatives such as…

Sep

07

2024

By Amos Oge Kalu

Beyond the barrel: The tourism imperative (1) – By abiodun KOMOLAFE

Business, Column, Economy, Lifestyle, Metro, News, OpinionAbiodun KOMOLAFE, Business, Economy, Nigeria, Opinion

Nigeria is at the moment in a precarious position, teetering like a heavy toddler due to the instability of its monocrop economy. The country’s heavy dependence on crude (not even refined) petroleum exports exposes a cumulative effect of defective political economies and the complacency of the ruling elite “who have been trained as to how not to think”. It also reminds one of the stage-like observations of Robert Nester Marley, that “in the midst of water, the fool goes thirsty”. Nigeria's reliance on oil can be diversified, but the elite's mindset stands in the way. A notable example is Mexico's…

Sep

04

2024

By Amos Oge Kalu

Bill Gates, Dangote, Others Attend National Economic Council Meeting at Aso Rock

Business, Economy, News, PoliticsBusiness, Economy

Aliko Dangote, Chairman of the Dangote Group, and Bill Gates, Co-Chair of the Bill and Melinda Gates Foundation, are attending the National Economic Council (NEC) meeting at the Presidential Villa in Abuja. The meeting, chaired by Vice President Kashim Shettima, is taking place in the Council Chambers. Their presence is likely linked to their foundations' efforts to eradicate wild poliovirus in Nigeria. The meeting comes amid widespread concern over the recent fuel price hike, which has sparked national outrage. In addition to Dangote and Gates, several state governors are in attendance, including Babagana Zulum (Borno), Bala Mohammed (Bauchi), Abdullahi Sule…