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‘FG Will Reset Economy To Tackle Negative GDP Growth Rate’

As the latest statistics indicated that the nation’s real Gross Domestic Product (GDP) growth rate from 2.11 per cent in the fourth quarter (Q4) of 2015 to -0.36 per cent in the first quarter (Q1 2016), the federal government is to review and analyse...

Withdrawal Of Fuel Subsidy Inevitable – Tinubu

The Leader of the All Progressives Congress (APC), Asiwaju Bola Ahmed Tinubu has defended the recent removal of fuel subsidy by the Federal Government, saying the decision was hard but inevitable, given the inherent ills in the subsidy regime. Tinubu said in a statement released...

NLC Storms Out of Meeting, Begins Strike

…says FG not ready to shift ground on fuel price Strike illegal, says FG TUC, Ajaero’s faction pull out Court restrains labour from industrial action Osinbajo: We’ve no choice ASUU mobilises Despite the ruling of the National Industrial Court (NIC) restraining the organised labour from embarking on industrial action to...

Fuel Price Hike: FG, Labour Meets Today

The Federal Government has invited the leadership of organised labour to a meeting in the Office of the Secretary to the Government of the Federation on Monday to discuss the increase of fuel pump price from N86 and N86.50k to N145. Representatives of organised labour...

Capital Projects:FG injects N350bn Into Economy

The Federal Government  is ready to implement the 2016 budget as it started injecting of the N350bn earmarked for capital projects as contained in the budget today. The Minister of Budget and National Planning, Senator Udo Udoma. made this known while presenting the overview of the...

FG, 36 states Agree 71 Ways of Rescuing Nigeria’s Troubled Economy

The two-day retreat of the National Economic Council (NEC) ended Tuesday in Abuja with federal authorities and the country’s 36 states agreeing on at least 71 proposals they believe will reinvigorate Nigeria’s wobbling economy. The NEC is chaired by the Vice President, Yemi Osinbajo, and...