It is no longer news that the controversial fuel subsidy on petrol has been removed leading to the increase in price of the product from N87 to N145 per litre. The Federal Government has consequently received knocks and kudos for the decision.
While some hailed...
Minister of Solid Minerals Development, Dr. Kayode Fayemi, has said that Nigeria is aiming to hand over the $4.5 billion Ajaokuta Steel Complex to private operators this year as part of a plan to kick-start its industrial and mining industries.
The Ajaokuta Steel Company Limited...
The current economic realities leading to the deregulation of the downstream sector have made it more rational for government to consider increase in the salaries of the nation’s workers in the public, and even the private, sector of the economy.
But how realistic and justifiable...
The Nigerian National Petroleum Corporation (NNPC) imported 6.2bn litres of premium motor spirit (PMS) popularly known as petrol, last year to remain one of Africa’s highest petrol importers.
The imports were made through the Offshore Processing Arrangements (OPA), a system whereby NNPC allocates more than...
In the last few years, several thriving online retail stores has surfaced in the Nigerian space with Konga.com easily recognised as the largest. It was therefore a shock to many when news broke that Konga had sacked 80 of its staff. This number which...
A magnificent Directorate of Research building complex that was donated by the Nigeria Deposit Insurance Corporation (NDIC) to the National Institute for Policy and Strategic Studies, Kuru Jos was officially commissioned on Monday by the Vice President, Prof. Yemi Osinbajo.
The Vice-President who was represented...
