Economy

May
07
2024
By Amos Oge Kalu
Deputy Speaker, Benjamin Kalu Absolves Tinubu Of Nigeria’s Economic Woes, Blames Past Administrations

Deputy Speaker, Benjamin Kalu Absolves Tinubu Of Nigeria’s Economic Woes, Blames Past Administrations

Economy, Metro, News, Opinion, Politics, , , ,
The Deputy Speaker of the House of Representatives, Rt. Hon. Benjamin Kalu, has stated that President Bola Tinubu is not responsible for Nigeria's current economic challenges. He made this statement while hosting orphans, widows, people living with disabilities, and the elderly at his Bende, Abia State country home on Sunday to celebrate his 53rd birthday. During the event, the Deputy Speaker explained that previous administrations in the country had caused the current economic difficulties, and President Tinubu is working hard to fix them. He urged Nigerians to be patient with the current president, as his policies are beginning to yield…
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May
06
2024
By Amos Oge Kalu
Ohanaeze firmly opposes Obi’s criticisms of Dave Umahi over Lagos-Calabar road project

Ohanaeze firmly opposes Obi’s criticisms of Dave Umahi over Lagos-Calabar road project

Economy, Metro, News, Opinion, Politics, , , ,
...assures Peter Obi that he would not be arrested. Ohanaeze Ndigbo, the revered apex Igbo socio-cultural organization, rises with unwavering clarity amidst the tumult of baseless scrutiny and undue criticism directed at the Lagos Calabar Coastal Road project and the commendable work of Senator Dave Umahi, Minister of Works. The relentless assault on these vital infrastructure initiatives raises eyebrows, and Nigerians, particularly the Igbo populace, question the motives behind these attacks, which clearly do not serve the interests of the nation. Emphatically denouncing the unwarranted vilification targeted at Senator Dave Umahi by Peter Obi and others, Ohanaeze Ndigbo underscores the…
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May
03
2024
By Amos Oge Kalu
Number of foreign students applying to bring families to the U.K. falls by 80%.

Number of foreign students applying to bring families to the U.K. falls by 80%.

Economy, Education, News, , , ,
The number of foreign students applying to bring family members to Britain has dropped by 80 per cent, new figures show. British Prime Minister Rishi Sunak in a statement on Wednesday, May 1, said that the figures mean that his changes to the country’s visa system were working. Home Office data reveals that more than 26,000 fewer student visa applications were made from January to March 2024 compared to the same period in 2023. Restrictions which bar most foreign students bringing their dependants into U.K. while they study came into force on January 1. Across three visa categories reformed by…
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May
03
2024
By Amos Oge Kalu
Why some Nigerians don’t want power sector to work — FG.

Why some Nigerians don’t want power sector to work — FG.

Economy, Metro, News, Opinion, Politics, , , ,
Minister of Power, Adebayo Adelabu, says certain individuals don’t want the power sector to work because of their selfish gains. Speaking in Lagos on Thursday, May 2, the minister said despite the numerous ministers who have served in the sector, the power industry still encounters obstacles. “We have had over 40 ministers in the past and we are still here. We know there will be resistance and distractions but Nigerians will start seeing our overwhelming impact the moment we complete the TCN projects. Nigerians should not be cheated and that is why I don’t call this new tariff cost-reflective but…
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May
01
2024
By Amos Oge Kalu
Labour warns Nigerian Govt: “No minimum wage by end of May, no peace.”

Labour warns Nigerian Govt: “No minimum wage by end of May, no peace.”

Economy, Lifestyle, News, Politics, , , ,
The Federal Government has been given till the end of May by Organised Labour to complete the process of enacting the new national minimum wage for workers. The request was made on Wednesday in Abuja during the 2024 International Workers Day celebration by Mr Monroe Ajaero, President of the Nigeria Labour Congress, or NLC. The theme of this year's festivities is "Ensuring Safety and Health at Work in a Changing Climate." The head of labour issued a warning, saying that Nigeria might not experience industrial peace if the negotiations are not finished by the end of May. Ajaero said that…
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