Economy Archives - Page 42 of 95

Mar

08

2024

2024 Women’s Day: An Urgent Call for Women’s Empowerment in Nigeria Amid Economic Crisis.

Business, Economy, Education, Metro, News, Opinion, PoliticsMetro, Next Level, Nigeria, Opinion, Politics, Women

In a forthright and decisive speech on this year's International Women's Day, OHANAEZE NDIGBO throws light on the condition of Nigerian women who are suffering the burden of the country's worsening economic problems. As Nigeria is on the verge of bankruptcy, President Tinubu must take strong steps to choose a woman to lead the national economic team, in line with the theme of International Women's Day 2024: "Invest in Women: Accelerate Progress." The hard reality of Nigeria's current economic landscape makes it difficult for any administration to achieve the goals reflected in this year's Women's Day theme. President Bola Ahmed…

Mar

07

2024

By Amos Oge Kalu

Reasons Why Ndigbo Didn’t Join Hardship Protests – Ohanaeze Ndigbo Reveals

Column, Economy, Lifestyle, Metro, News, Opinion, PoliticsBiafra, Dave Umahi, Ohanaeze Ndigbo, Okechukwu Isiguzoro, Politics

... "Tragic Pasts and Umahi's Impact on Southeast Infrastructure" In a time of deep reflection amidst current economic problems, the firm decision of Ndigbo not to join the hardship protests against President Tinubu in the Southeast is based on a moving history of the hardships the people of the region have faced since the start of the administration of former President Muhammadu Buhari in 2015 until 2023. In this terrible time, 670 Igbo people died in protests while the Buhari government was in power. This created a deep-seated fear that state security forces would kill protesters during demonstrations. In this…

Mar

06

2024

By David Okoye

Reps to Establish Committee for New Minimum Wage

Economy, Lifestyle, Metro, News, PoliticsMetro, Next Level, Opinion, Politics

The House of Representatives has decided to establish an ad hoc committee to ensure the implementation of a living wage for all workers in Nigeria. This decision follows the adoption of a motion presented by Aliyu Madaki, highlighting the challenges faced by Nigerians due to rising inflation rates. Madaki emphasized the difficulty for average Nigerians to afford basic necessities such as food, housing, education, and healthcare, given the current inflationary environment. He cited Nigeria's commitment to the United Nations Universal Declaration of Human Rights, which advocates for just and favorable remuneration for workers. The lawmaker pointed out that achieving eight…

Mar

06

2024

By David Okoye

FAAN to Relocate Businesses from Port Harcourt Airport

Business, Economy, Metro, News, PoliticsEconomy, Metro, Next Level, Nigeria, Politics

The management of Port Harcourt International Airport has announced plans to relocate concessionaires and mini-businesses from the operational areas of the domestic wing. This decision aims to address the proliferation of shanties and improve the overall environment of the airport. Ngozi Onyeanwunna-Nwosu, the airport's public relations officer, clarified that the relocation is not intended to displace thriving businesses but rather to enhance serenity, security, and standards within operational areas. FAAN, as the regulatory authority, prioritizes public interest in its policies and implementations. The relocation initiative, which was communicated to affected business operators since November 2023, seeks to provide a better…

Mar

05

2024

By David Okoye

Bank Customers in Ibadan Face Challenges with BVN-NIN Linking

Business, Economy, Metro, NewsOyo state

In Ibadan, bank customers are experiencing long wait times as they attempt to link their National Identification Number (NIN) to their bank accounts, following the Central Bank of Nigeria's directive to restrict Tier 1 bank accounts without BVN or NIN by March 1. Despite the directive, some customers view the process as unnecessary, citing the existing linkage of their Bank Verification Numbers (BVN) to their NIN. Anike Adewoye criticized the move as a duplication of efforts and a waste of time and resources. Yinka Olanrenwaju shared his frustration after being denied a transaction due to the lack of NIN linkage…