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The latest wave of attacks on Chibok community in Borno State by suspected Boko Haram terrorists marks yet another dark chapter in a long history of suffering and terror in the region. The devastation inflicted by these attacks—most recently in Bazir village, which saw the deaths of two brothers and the burning of homes and ...
The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has raised the alarm about an impending increase in telecom tariffs, suggesting a staggering 100% hike. This proposal, which could lead to an increase in the cost of voice calls, text messages, and data bundles, has sparked widespread concern among Nigeria’s more than 300 million phone ...
As we step into 2025, Nigeria stands at a critical juncture, with high hopes and expectations grounded in the economic data from the previous year. Yet, despite these optimistic projections, the reality of Nigeria’s economic trajectory remains unsettling, with emerging data pointing to an even bleaker future. Reports of citizens desperately scrambling for food palliatives ...
The invitation extended by the Nigerian National Petroleum Company (NNPC) Ltd to former President Olusegun Obasanjo to tour the rehabilitated Port Harcourt Refinery signals a pivotal moment in the ongoing discourse surrounding Nigeria’s troubled refineries. The invitation comes in response to Obasanjo’s recent comments on Channels Television, where he cast doubt on both the refinery’s ...
As Nigeria steps into 2025, the year just past stands as one of profound challenges. The country’s economic troubles, compounded by rising insecurity and widespread disillusionment, have made 2024 a year of deep frustration for many. Yet, with a new year comes an opportunity for renewal and a chance to build a more hopeful future, ...
The aviation sector in Nigeria is at a crossroads. The recent revelation by the Nigerian Civil Aviation Authority (NCAA) that domestic airlines recorded a staggering 5,225 flight delays and 190 cancellations in just two months paints. These numbers are not just statistics; they represent thousands of frustrated passengers, missed opportunities, and a significant economic toll ...
The recent drug bust by operatives of the National Drug Law Enforcement Agency (NDLEA) on Christmas Eve serves as a stark reminder of the ongoing battle Nigeria faces in curbing drug trafficking and the negative effects it has on society. The operation, which led to the seizure of a massive 1,960 kilograms of cannabis, popularly ...
The recent enforcement action taken by the Nigeria Civil Aviation Authority (NCAA) against five airlines for breaching critical regulations highlights a pressing issue that has long plagued the nation’s aviation sector: the lack of accountability and the failure to protect the rights of passengers. The violations in question—ranging from failure to refund passengers within the ...
The presentation of Nigeria’s 2025 budget, labelled the ‘Budget of Restoration: Securing Peace, Rebuilding Prosperity,’ marks an ambitious step in the government’s efforts to restore economic stability and tackle the country’s deep-rooted challenges. With a record allocation of N49.7 trillion, the proposal reflects the government’s priorities and vision for a more secure, prosperous nation. However, ...
The recent spate of stampedes in Abuja, Anambra, and Ibadan is not merely a series of isolated incidents but a stark reminder of the systemic failures that continue to plague Nigeria, particularly in relation to poverty, hunger, and the lack of effective crowd management. In the space of just four days, these tragedies claimed the ...
In recent years, Nigeria has faced significant economic challenges, with one of the most pressing issues being the restriction on employment at various levels of government. This policy, though likely intended to curb excesses in public spending, has had profound effects on the country’s economy and society, many of which are now becoming increasingly apparent. ...
The recent announcement by the Minister of Power, Oloye Adebayo Adelabu, regarding Nigeria’s renewable energy investments provides a glimmer of hope for millions of citizens struggling with the country’s long-standing power supply challenges. Speaking at a workshop hosted by the Rural Electrification Agency (REA), Adelabu stated that renewable energy projects would positively impact at least ...
The resurgence of artificial cash scarcity in Nigeria is exacerbating the severe economic difficulties already faced by citizens, particularly with the rising cost of goods and services. The recent cash rationing by banks has disrupted economic activities and made life increasingly difficult for many Nigerians. It has reached a point where the House of Representatives ...
In recent years, Nigeria has taken substantial strides in enhancing its business environment, aiming to attract both local and foreign investment. Under the leadership of President Bola Ahmed Tinubu, the government has committed to making the country an attractive investment hub, a vision that is gradually becoming a reality. Central to these efforts is the ...
As Nigeria enters the festive season, the nation faces an escalating cash crunch that threatens to disrupt the livelihoods of millions and undermine the country’s economic momentum. The ongoing shortage of cash, marked by severe withdrawal restrictions and systemic banking failures, is more than just a minor inconvenience. It has the potential to trigger a ...
Touting, in its most damaging form, refers to the forceful extraction of money from commercial drivers by faceless individuals, often without providing any tangible service in return. This lawless practice has become a common feature in many Nigerian cities, with touts operating with impunity, claiming to act on behalf of invisible powers, while making life ...
The alarming rise of illegal loan platforms and their connection to the notorious “one chance” operatives is a pressing issue that demands urgent attention. In a move to address the growing menace, the House of Representatives has called for the closure of these illicit platforms, which are being used by criminals to extort money from ...
Nigeria’s public debt has reached alarming proportions, with the Debt Management Office (DMO) reporting a staggering increase of N12.6 trillion within just three months, bringing the total debt to N134.3 trillion (approximately $91.3 billion) by the end of the second quarter of 2024. This marks a troubling 10.35% rise from the previous quarter, further deepening ...
The recent forfeiture of 753 duplexes by the Economic and Financial Crimes Commission (EFCC) has triggered a wave of public interest and concern, not just because of the large number of properties involved, but due to the lack of transparency surrounding their ownership and the broader implications of the seizure. This action, while a legal ...
The recent revelation that 229 police officers lost their lives over just 22 months is a tragic reminder of the dangers facing those who serve on the frontlines of law enforcement in Nigeria. The loss of nearly 10 officers every month is a stark and troubling statistic, underscoring the risks associated with the job. While ...
In recent times, Nigeria has been facing the grim reality of hyperinflation, with its most profound manifestation since May 29, 2023, when President Bola Tinubu’s administration announced the removal of the fuel subsidy. This policy shift triggered an immediate and sharp rise in the prices of almost all goods and services, from fuel and transportation ...
Netflix has recently moved to dispel rumours regarding its potential exit from the Nigerian market, reaffirming its ongoing dedication to the country’s entertainment sector. In a statement issued recently, the streaming giant reassured both subscribers and stakeholders, emphasising that the speculation about its departure was baseless. This declaration follows growing discussions on social media, sparked ...
The President, on September 3, transmitted four significant tax reform bills to the National Assembly for consideration. These include the Nigeria Tax Bill 2024, which is designed to provide a comprehensive fiscal framework for taxation in the country; the Tax Administration Bill, aimed at creating a clear and concise legal framework for all taxes and ...
Despite the excitement surrounding the revival of local refineries, Nigerians remain skeptical about lasting change in fuel prices and supply. The recent announcement of the resumption of production at the Port Harcourt Refinery has been met with cautious optimism across the nation. The news, coupled with the Nigerian National Petroleum Company Limited (NNPCL) confirming that ...
Nigeria’s primary education system is in crisis, and the outlook is becoming increasingly bleak. The country has the second-highest number of out-of-school children globally, a shocking statistic that highlights the urgent need for intervention. Yet, state governors across the country appear indifferent to this growing crisis. They have failed to access available funds and implement ...
