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Economics at thenationonlineng.net

Thursday, Jan 2

22

Winhomes CEO hails Tinubu, seeks intervention in Lagos-Calabar coastal road crisis

The Chief Executive Officer of Winhomes Global Estate Engr. (Mrs.) Stella Okengwu has felicitated with President Bola Tinubu for 2025 pleading with him for quick intervention on Lagos-Calabar Coastal Road

21

Rep member empowers constituents With 15 tons tipper

Member representing Abak/Etim-Ekpo/Ika Federal Constituency in Akwa Ibom State Clement Jimbo aka ‘Youth slot’ has empowered constituents with 15 tons tipper automobiles. The Deputy Chairman, House Committee on National Planning

20

2026: Oyinlola endorses Adeleke for second term

…Ooni lauds Adeleke for prioritising workers’ welfare The former governor of Osun State, Prince Olagunsoye has endorsed Governor Ademola Adeleke’s second term bid in office. The endorsement of the ex-governor

2027: Kano votes belong to APC, Tinubu, says HJRBDA boss

The newly appointed Managing Director of Hadejia Jama’are River Basin Development Authority (HJRBDA), Rabiu Suleiman Bichi, has expressed confidence that Kano State will overwhelmingly vote for President Bola Tinubu and

19

NCAA boss vows to protect rights of passengers, airlines

The Nigeria Civil Aviation Authority (NCAA) has pledged to continue to protect the rights of passengers and airline operators. The Acting Director-General of NCAA, Capt. Chris Najomo also said actions

18

I’ve been using red biro for 14 years – Wike fires back at Fubara

The Minister of the Federal Capital Territory, FCT, Nyesom Wike, has dismissed the threats by Rivers Governor Siminalayi Fubara, who said he will continue using his “red biro” against his

16

500 Osun households receive New Year food palliative

No fewer than 500 households in Ori-Ade Local Government Area of Osun State have benefited from New Year relief materials provided by a chieftain of the All Progressives Congress (APC),

15

UPDATED: Oko-Jumbo leads authentic House of Assembly in Rivers, says Fubara

Rivers State Governor, Siminialayi Fubara, has signed the 2025 N1.1trn Appropriation Bill into law, declaring that the Victor Oko-Jumbo-led House of Assembly remains the authentic one in the state. The

14

JUST IN: Oko-Jumbo leads authentic House of Assembly in Rivers, says Fubara

…signs N1.1trn 2025 Appropriation Bill Rivers State Governor, Siminialayi Fubara, has signed the 2025 N1.1trn Appropriation Bill into law, declaring that the Victor Oko-Jumbo-led House of Assembly remains the authentic

12

Tinubu’s unavoidable reforms will pay-off, says Orji Kalu

Senator Orji Uzor Kalu has assured the economic reforms of President Bola Ahmed Tinubu are necessary and would yield positive results. The Abia-North Senator explained that the revamping of the

11

Labour canvasses inflation-driven minimum wage increases

The Organised Labour says it plans to advocate for an increase of the ₦70,000 minimum wage to reflect inflation rates. Labour officials argued that workers’ wages should rise in tandem

10

How to spur economic growth, by LCCI

The Lagos Chamber of Commerce and Industry (LCCI) has said sustained fiscal reforms, exchange rate stabilisation and enhanced monetary policy coordination are needed to foster growth this year. Its President,

Nigeria can generate $100b from agric yearly, says TUC president

President of the Trade Union Congress (TUC), Festus Osifo has emphasised the untapped potential of Nigeria’s agricultural sector and the urgent need to address exchange rate volatility, which he identified

DMO: Fed Govt has budgetary provisions to meet debt obligations

Debt Management Office (DMO) has said the Federal Government has made adequate budgetary provisions to meet the country’s foreign and local debt obligations. The DMO in a statement yesterday said

Abuja commerce chamber hopeful about business growth

The Abuja Chamber of Commerce and Industry (ACCI) has expressed optimism for significant business growth and economic development this year. The ACCI President, Dr Emeka Obegolu, in a statement issued

‘Use of maize, cassava for ethanol raising feed prices’

The increased use of maize and cassava for ethanol production may result in higher feed prices across Nigeria and other regions in Africa, a don, Prof Kola Adebayo has said.

NATCOMS rejects telcos push for tariff hike

A group, the National Association of Telecoms Subscribers (NATCOMS), has made a sudden u-turn, outrightly rejecting moves by mobile network operators (MNOs) to hike end user telecom tariff, arguing that

Oil may trade around $70 this year

Oil will likely trade around $70 a barrel this year on weak Chinese demand and rising global supplies, offsetting OPEC+-led efforts to shore up the market, a Reuters monthly poll

Firm unveils web banking platform

Bankit MFB, an emerging institution in the financial sector, has unveiled its web banking platform to provide customers with an additional digital channel to manage and carry out uninterrupted daily

08

Lawyer urges Soludo to tackle killings in Anambra

A lawyer, Ifeanyi Ejiofor, has urged Anambra State Governor, Charles Soludo, to deal with criminals. He said the governor must prioritise action over mere words and public speeches. Ejiofor was

Abia community sets up N20m endowment fund for the indigent

Eziukwu-Aba in Aba South Local Government of Abia State has set up a N20 million endowment fund for indigent youths. Chief Executive Officer of God Stripes, Chidiebere Ogbonna, who chaired

07

ECOWAS approves increased compensation for passengers affected by flight cancellation

The Economic Community of West African States (ECOWAS) has approved a higher compensation rate for passengers whose flights are cancelled or delayed across member states. The approval is contained in

Adeleke vows to boost Osun economy with Adire

Osun State Governor Ademola Adeleke has promised to boost the state’s economy by promoting Adire industry. He says he is set to unveil a policy to attract entrepreneurs. Speaking at

04

Ahead of midterm, signs favourable for the Tinubu administration

Although the Tinubu Administration’s midterm is five months away, President Bola Ahmed Tinubu can proudly reflect on his administration’s journey over the last 19 months. After initial turbulence, the government

03

You hold the key to food security, prosperity, Tinubu tells governors

Governors are critical to food security and prosperity, President Bola Ahmed Tinubu said yesterday. He reminded them that their leadership at the subnational level is central to achieving rapid national

New Withholding Tax regime takes off

The Federal Government has kicked-off the implementation of the 2024 Withholding Tax Regulations. The new regulations, approved in July last year and put into the gazette in October, took effect

NELFUND has paid N24b as loan, upkeep for 335,000 students

More than N18.5 billion has been paid to tertiary institutions as student loans, the Managing Director of the Nigerian Education Loan Fund (NELFUND), Mr. Akintude Sawyerr, has confirmed. Sawyerr, who

With my ‘red biro’, I will deal with my political opponents, says Fubara

Rivers State Governor Siminalayi Fubara yesterday boasted that he is still in power, despite the protracted crisis rocking the state. He mocked the camp of his political opponents, saying he

Who is PDP National Secretary?

Former National Youth Leader of the Peoples Democratic Party (PDP) Sunday Ude-Okoye yesterday said that he would soon resume as national secretary. He said Senator Samuel Anyanwu has ceased to

How we plan to revamp Nigeria’s health sector, by NNMDA

Nigeria’s healthcare system faces significant challenges, from underfunded hospitals to a lack of access to quality care, particularly in rural areas. However, amid these challenges, there is a growing recognition