Economy Archives - Page 24 of 69

Jul

28

2024

Protests: Tinubu’s Real Troubles Are Just Beginning

News, Opinion, PoliticsEconomy, Next Level, Nigeria, Opinion, Politics

By Farooq A. Kperogi - Twitter: @farooqkperogi In light of his planned astronomical hike in petrol prices euphemistically called “subsidy removal” in 2023, which his opponents also promised to implement and caused Nigerians embrace as inevitable and desirable, I foretold the imminent social convulsion that is gathering momentum across Nigeria now. “I can assure Tinubu that if petrol price hikes deepen people’s misery, he’ll have a tough time governing,” I wrote in my April 29, 2023, column. I followed this up with more than half a dozen columns on the same theme. When you remove subsidies from an all-important product…

Jul

24

2024

By Amos Oge Kalu

Gov. Otti Appoints Dr. Uduma Nnate As Member ABIA Task Force On Petroleum.

Abia State, Economy, Metro, News, Ohafia, PoliticsAbia State, Economy, Metro, Politics

Dr. Uduma Nnate was formally a Business Manager of Several UBA Branches in VI, Lagos. And later moved to Capital Oil and Gas as Business Manager, Sales. And so many other Private Sector top positions. Udy as fondly called by his admirers was the foundation Director of Training & Development of Mben Political Assembly(MPA) where he left and found ABIA NORTH POLITICAL PROJECTS GROUP(A pan Abia North Political THINK TANK) that adopted Dr. Alex Otti OFR as their Consensus candidate. He is also the Publisher/CEO of ABIA THINK TANK ONLINE NEWSPAPER (ATTNEWS). The Committee which is headed by Navy Commodore…

Jul

24

2024

By Amos Oge Kalu

Pioneering the Skies: Rise and Fall of Okada Air, Nigeria’s Trailblazing Private Airline

Business, Economy, Lifestyle, Metro, NewsBusiness, Economy, Metro, Nigeria, OKADA Air, Opinion

In 1983, Sir Chief Gabriel Igbinedion, the revered Esama of Benin Kingdom, boldly launched Okada Air, Nigeria's first private airline. Emblazoned with the iconic Queen Idia mask as its logo, Okada Air embarked on a remarkable journey, initially offering charter services in September of that year. As it soared through the skies, the airline established a strong presence in 9 local airports across Nigeria, cementing its position as one of Africa's largest independent airlines. Okada Air's horizons expanded in 1992 when it secured the coveted right to operate international flights. The airline's fleet, which included the majestic Boeing 747-100, traversed…

Jul

22

2024

By Amos Oge Kalu

Revisiting 134% Increase In Minimum Wage (70k): Ajaero, Osifo, Organized Labour Living And Leaving To Fight Another Day.

Column, Economy, News, Opinion, PoliticsBola Ahmed Tinubu, Chris Nwaokobia, Economy, Next Level, Nigeria, Nwaokobia Jnr, Politics

I am compelled to do this incisive effort which is apparently targeted at putting the records straight ditto the decision of Organized Labour to settle for a 134% increase in Minimum Wage thus taking the minimum wage from 30k to 70k rather than insisting on the 250k which was the position until the last meeting Organized Labour had with Mr. President and his Team. There is a preponderance of angry opinions out there seeking to lampoon and vilify the position of Organized Labour, some have said that Labour sold out, others have argued that 70k is not good enough, and…

Jul

10

2024

By Amos Oge Kalu

Rep Ibe Okwara Meets Tunisian Ambassador, Woos Investors, Promises Youth Advancement

Abia State, Economy, Metro, News, Ohafia, PoliticsAbia State, Economy, Ibe Okwara Osonwa, Politics

The lawmaker representing Arochukwu/Ohafia Federal Constituency in the National Assembly, Hon. Ibe Okwara Osonwa, has urged investors to take advantage of the conducive environment in the Federal Constituency, and Abia State at large to invest in areas of their choice. According to the lawmaker, investors and potential investors can invest in the opportunities that abound in Arochukwu/Ohafia Federal Constituency of Abia State. The lawmaker, who made the call when he visited the Tunisian Ambassador to Nigeria, His Excellency, Ambassador Mohsen Antit, at the Tunisian Embassy on Wednesday in Abuja. He described Arochukwu/Ohafia Federal Constituency as an investment destination with several…