Nigeria Archives - Page 103 of 326

Nov

07

2023

“Tinubu-Shettima ought to step down so Akpabio can conduct fresh presidential election.”- Ahmed Datti Baba

Opinion, Politics2023, Datti Baba-Ahmed, Labour Party, Nigeria, Opinion, Politics

The Labour Party's (LP) presidential running mate, Yusuf Datti Baba-Ahmed, has demanded that President Bola Tinubu and his vice, Kashim Shettima, resign. Following Tinubu and Shettima's resignations, Baba-Ahmed said Senate President Godswill Akpabio ought to be permitted to hold a second presidential election. In an interview with Arise Television, he made the call in response to a query regarding the prospect of cooperating with Tinubu's administration. Following the 2023 presidential election, Baba-Ahmed steadfastly maintained that Tinubu and Shettima had been sworn in fraudulently. Consequently, the LP refused to work with a government that it considered to be illegitimate. "Can Tinubu…

Nov

07

2023

By Amos Oge Kalu

Nigeria struggles with Naira volatility as exchange rates undermine country’s economy, investors’ confidence.

Business, Economy, Metro, PoliticsBusiness, Economy, eNaira, Money, Nigeria

Investor confidence is impacted by the Naira's volatility versus the US dollar, which keeps sending shockwaves of anxiety across Nigeria's economy. The country's currency appreciated against the dollar last week, providing a brief reprieve. On the parallel market, it was trading at N970/$1 as opposed to N1300/$1 the week before. The naira, however, had a poor start to the week, with Monday's exchange rates ranging from N1000 to N1020/$1. This indicates a minor decline from the N970/$1 exchange rate during the previous weekend. In the same vein, the Naira fell 4.24 percent at the official FMDQ market, from N780.03/$1 on…

Nov

07

2023

By Amos Oge Kalu

“I Respect Tinubu, I Call Him Uncle, It Doesn’t Mean I Can’t Call Him Drug Dealer” – Yusuf Baba Ahmed.

Opinion, Politics2023, Bola Ahmed Tinubu, Kashim Shettima, Next Level, Nigeria, Opinion, Politics, Yabaji Yusuf Sani

IN CASE YOU MISSED YUSUF BABA AHMED’S INTERVIEW, HERE ARE THE HIGHLIGHTS OF HIS STATEMENTS: — If you want to know what’s happening in Nigeria, go there. Don’t rely on those statistics; they are misleading. — APC has never done anything good aside from shutting down IREV. — For someone who has wielded so much power in Nigeria, how come he (Tinubu) couldn’t apply such power to our welfare and security? They (APC) are in power for themselves, for their ego, and for their consideration. — Where is that power they used to wake Mahmood Yakubu at 4 a.m. to…

Nov

04

2023

By Amos Oge Kalu

Nigeria, revenue, poverty and taxation atrophy – Opinion

Column, Economy, Metro, Opinion, PoliticsAbiodun KOMOLAFE, Economy, Next Level, Nigeria, Politics

By Abiodun KOMOLAFE When our forefathers came up with the wise saying that ‘the earnest wish of potters is for the earth to be clay’, it was not only worthy of commendation but also no mean achievement. The beauty of the adage is that, in some 1000 years to come, it will still be relevant. So, instead of concentrating on having more wealth, the wisdom in it is learning how to be frugal and maximally productive with the little that’s available. Simple Economics: economic activities breed taxation, while taxation without representation is problematic. Generally, the mission of governments is revenue…

Nov

03

2023

By Amos Oge Kalu

Workers declare strike on Wednesday in protest to Ajaero’s attack

Metro, News, Opinion, PoliticsHope Uzodinma, Imo State, Metro, Next Level, Nigeria, NLC, Opinion, Police, Politics

In response to their President Joe Ajaero's beating and kidnapping, organized labor, which is made up of the Nigeria Labour Congress and Trade Union Congress of Nigeria, has announced plans for a statewide strike. At a press conference on Friday, the strike that is set for Wednesday, November 8, 2023, was announced. The joint union leaders have presented a six-point demand to the Federal Government, which includes the immediate removal of the Imo State Commissioner of Police, the Area Commander, and other officials for their alleged involvement in the brutalization and humiliation of Ajaero and other workers. Tommy Okon, the…