The Federal Government has been advised to sustain the ongoing reforms despite the hardship on Nigerians. The World Bank Vice President and Chief Economist, Mr Indermit Gill, who gave this advice, also hailed the Central Bank of Nigeria, CBN, for the unification of the exchange rates. Speaking at the opening session of the #NES30# in…
A former governor of Ekiti State, Ayo Fayose, has told President Bola Tinubu he needs to do more to end the sufferings of Nigerians. Fayose said the Tinubu administration could be doing its best to make things better for Nigerians, but added that whatever it is doing is not enough. He acknowledged that Nigerians are…
Consumer prices remain stubbornly elevated in Nigeria, as the February Consumer Price Index (CPI) reading otherwise known as inflation, released yesterday by the National Bureau of Statistics (NBS) indicated that headline inflation scaled by 1.8 percentage points (ppts) to 31.7%, the highest level since April 1996. The inflation rate, which was a negative surprise to…
Vice President Kashim Shettima has disclosed that President Bola Tinubu’s administration is facing the difficult and challenging task of fixing the problems confronting Nigeria. Shettima said the current administration has no plans of deceiving Nigerians or making life more difficult for citizens. This was as he assured that the current economic challenges confronting the country…