Shola Shittu

20 Shipping Firms Leave Nigeria Over Low Business

Groaning under intense hardship imposed by poor government policies and global economic crunch, over 20 shipping firms have exited the nation’s shores. This is coming as Dockworkers Union of Nigeria (DUN) lamented that over 3,000 workers have already been laid...

FG Releases Over 50% Vote for Capital Projects

The Federal Government has released over 50 percent capital vote to ministries, departments and agencies (MDAs). Speaking at the 15th meeting of the Joint Planning Board and National Council on Development in Kano, Vice President Yemi Osinbajo said the administration...

FG Offers Incentives for Oil Search in Inland Basins

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has urged the National Association of Petroleum Explorationists (NAPE) to explore the hydrocarbon potentials of green frontier basins in order to increase the depleting reserves...

Osinbajo: We Have Saved N1.4tn by Not Paying Fuel Subsidy

The Vice President, Professor Yemi Osinbajo, has disclosed that the federal government has so far saved the sum of N1.4 trillion for not paying oil subsidy. He also assured Nigerians that very soon, the foreign exchange market would stabilise going...

Economic Team Yet to Advise President to Seek Legislative Amendments

The Office of the Vice President has said the Economic Management Team has not advised President Muhammadu Buhari to seek executive powers. It said it had been considering several policy options and measures to urgently reform and revitalise the economy. The...

Many Benefits of Proposed Emergency Economic Stabilisation Bill

If we discount the sinister equivalence of the emergency powers allegedly sought by the President to remove encumbrances in the challenging path out of the technical recession that threatens to further violate our individual and collective economic well-being to...
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