Browsing Tag
Economy
524 posts
Taiwo Oyedele outlines federal allocation of subsidy removal savings
Taiwo Oyedele confirms that savings from scrapped fuel and foreign exchange subsidies are funding national debt, the new minimum wage, and student loan programs.
Taiwo Oyedele outlines allocation of federal subsidy savings
Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, explains that savings from subsidy removals are funding debt servicing, wage increases, and student loans.
Wammako Urges President Tinubu to Address Soaring Building Material Prices
Former Real Estate Developers Association head Aliyu Wammako calls on President Tinubu to tackle the rising costs of construction materials to naturally lower skyrocketing house rents.
Okonjo-Iweala Reveals Communication Strategy Behind Nigeria’s Paris Club Debt Relief
Ngozi Okonjo-Iweala discusses how effective communication helped Nigeria navigate the difficult economic reforms required to secure a landmark $30 billion Paris Club debt relief deal.
Okonjo-Iweala Reveals Role of Strategic Communication in Nigeria’s Paris Club Debt Deal
Ngozi Okonjo-Iweala highlights how effective public communication was vital to securing Nigeria's historic $30 billion Paris Club debt relief under President Olusegun Obasanjo.
SEREC Cautions That New 12.5% U.S. Tariff Threatens Nigerian Exports
The Sea Empowerment & Research Center warns that a new 12.5% U.S. tariff on Nigerian goods could harm non-oil exports, reduce foreign exchange earnings, and threaten the local economy.
Nigeria’s Oil Export Revenue Drops to $31.54 Billion in 2025
A new CBN report shows that Nigeria's crude oil export earnings dropped by over 14 percent in 2025 due to global market supply issues, with Europe remaining the largest buyer.
Burnham links nuclear submarine funding to national security and job growth
Prime Minister Andy Burnham has confirmed an £8.4 billion investment in the UK's nuclear submarine fleet, aiming to bolster national defense while supporting tens of thousands of jobs.
Rising Burger Costs Fail to Boost Farmer Profits
While consumers face 'burgerflation' and rising prices for summer food staples, farmers and small-scale food producers report that these increased costs are not translating into higher profits for them.
Okonjo-Iweala Urges Nigeria and Africa to Process Minerals Locally Before Export
WTO DG Ngozi Okonjo-Iweala and CBN Governor Olayemi Cardoso advocate for local mineral processing, internal trade integration, and economic reform to secure Africa’s place in the global green energy market.