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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 by some radical policies already...

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 that of the powers wielded...

10 ‘big boys’ Hold Economy to Ransom, Owe AMCON N1tr

Litigations stall efforts to recover debts. Efforts by the Federal Government at shoring up economic activities through debt recovery from individuals and organisations are not adding up. High-profile debtors are using the courts to mount blocks in the way of government. The Guardian learnt that at...

Buhari Seeks Emergency Powers to Tackle Economy

President to meet Saraki, Dogara Bill to rescue economy ready President Muhammadu Buhari will be seeking emergency powers from the National Assembly to push his planned stimulus for the economy. The objectives of the action-plan on the economy, which is in recession, include shoring up the value...

Monetary policies alone cannot solve Nigeria’s economic challenges – Buhari

President Muhammadu Buhari, has declared that monetary policies alone cannot solve Nigeria’s current economic challenges. Buhari said this on Thursday, while speaking at the opening session of the 2016 annual meeting of the Association of African Central Banks at the Head Quarters of the Central...

Economic Hardship: Osinbajo Begs Nigerians For Patience

Vice President, Prof Yemi Osinbajo, pleaded for greater understanding and patience of Nigerians in the face of biting economic headship in the country. President Muhammadu Buhari, he said, is aware of the economic hardship facing the people, and he feels “the pains that you feel,...