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Fuel Scarcity: A Strategy To Inflate Prices, Analysts Argue

Nigerians have said the current fuel price increase is a ploy by the Buhari administration to impose the botched petrol subsidy removal on them. In response to the failure to remove subsidies from petrol, they claim the government has created artificial scarcity to inflate...

Buhari Administration Met $63.81bn Debt – DMO

Buhari Administration Met $63.81bn Debt - DMO   The Debt Management Office on Monday said the President Muhammadu Buhari administration met a debt stock of $63.81bn when it came into office in 2015. The DMO was responding to a claim that Buhari inherited a debt stock of...

Nigeria’s External Debt Rises By $11.77bn In 3 Years Of Buhari Administration

Nigeria’s External Debt Rises By $11.77bn In 3 Years Of Buhari Administration Nigeria’s external debt commitment rose by $11.77bn in the last three years of President Muhammadu Buhari's administration. According to debt statistics obtained from the Debt Management Office, the country’s external debt rose from $10.32bn...

We’ve Spent Over $9bn On Infrastructure – FG

We’ve Spent Over $9bn On Infrastructure - FG The Federal Government says it has spent over 9billion dollars on the building of infrastructure since the beginning of the Buhari administration. The Minister of Information and Culture, Lai Mohammed stated this during a press briefing in Abuja...

Over 5 Million Pupils In 19 States Now Feed Free -Presidency

In furtherance of its goal to tackle poverty and hunger, and to create jobs for Nigerians in line with its inclusive growth plan, the Buhari administration’s National Home-Grown School Feeding (NHGSF) Programme is now in 19 states across the federation. They include Anambra, Enugu,...

Buharinomics as a Reversed Robinhood

  Nigeria’s economy is unhealthy at the moment. It is in critical condition and the symptoms are clearly manifested in high inflation rate, downward slide in the value of the naira against major currencies, massive job cuts and consequent high rate of unemployment leading to...