Economy Archives - Page 59 of 95

Jul

19

2023

Otti to construct first six-lane road in Abia, grants Ndieze jumbo salary.

Abia State, Economy, Metro, Politics2023, Aba, Abia State, Alex Otti, Economy, Politics

Gov. Alex Otti has concluded arrangement fo build the first ever 6-lane road in Umuahia, Abia State capital. Wawa News Global reports that Otti who was sworn in on May 29, 2023, has severally said he was in a hurry to transform the state. Government confirmed that work would soon begin on the dualisation of Ossah Road Umuahia from the Enugu/Port Harcourt Express Tower Junction to Michael Okpara Square, right inside the Umuahia City centre. Commissioner for Information, Prince Okey Kanu who disclosed this during a press conference at the Government House Umuahia after the State Executive Council meeting, said…

Jul

18

2023

By Amos Oge Kalu

In Abuja, the cost of Petrol rises to N617 a litre.

Business, Economy, MetroBola Ahmed Tinubu, Fuel Scarcity, Metro, Nigeria, NNPC

According to OHAFIATV News, the cost of gasoline has increased to around N617 per litre. A trip to NNPC filling stations at Utako in Abuja and along the Kubwa highway proved that the price has been changed from N539 to N617 per litre. Elder Chinedu Okoronkwo, National President of the Independent Petroleum Association of Nigeria (IPMAN), verified the development in an interview with OHAFIATV News on Tuesday. He asserts that market forces will continue to cause fuel prices to change. "With the removal of fuel subsidies, that is the system we are in. Based on market forces and changes in…

Jul

16

2023

By Amos Oge Kalu

Why food security is impossible for Nigeria – Shehu Sani

Business, Economy, Metro, OpinionEconomy, Fuel Scarcity, Metro, Opinion, Shehu Sani

Socio-political analyst Shehu Sani has claimed that Nigeria cannot have food security while farmers are being murdered by terrorists. He bemoaned the fact that the country cannot have food security when criminals compel rural communities to pay levies. Shehu Sani In a tweet, Sani stated: "Food security cannot exist in a nation when farmers are murdered by terrorists and rural communities are compelled to pay bandit levies. The falsehood surrounding those rice pyramids and the folly of sealing the land borders were revealed by the proclamation of an emergency on food security. Remember how President Bola Tinubu declared a food…

Jul

15

2023

By Amos Oge Kalu

WEMA Bank: Your Naira Card Is Now Your Global Passport!

Business, Economy, SponsoredBusiness, Economy, eNaira, Wema Bank

Hello Customer, It’s time to enjoy seamless transactions and make purchases internationally.You can now use your Naira cards, including Mastercard, ALAT Mastercard, and Visa, for international spending. For your international transactions, you can enjoy up to $500 per month. Here’s what you need to know: Expanded Possibilities: The Naira card allows you the freedom to make international purchases, explore international online stores, and buy from your favourite international brands. You know what? The world is now at your fingertips! Monthly Limit: To provide you with enhanced security and control, there is a $500 monthly spending limit for international transactions. This…

Jul

06

2023

By Amos Oge Kalu

Abia to join the TSA in September – Otti

Abia State, Amos Oge Kalu, Business, Economy, Lifestyle, PoliticsAbia State, Alex Otti, Business, Comr Amos Kalu, Economy, Lifestyle, Nigeria, Opinion

By Comr Amos Kalu By September of this year, according to Abia State Governor Alex Otti, his Abia state would switch to a treasury single account. The information was released in a statement made on Thursday using his verified Twitter account. Otti noted that the effort will increase openness and efficiency and that it will consolidate all government payments and revenue. Dr Alex Ihuoma Otti - Executive Governor of Abia State Otti urged state stakeholders to accept the change because "it is in the best interest of Abia and its people," adding that it will reduce fraud, streamline tax payments,…