The World Bank says about seven million Nigerians may have been pushed into poverty due to current high cost of living. The World Bank made the revelation in its latest report titled: “Nigeria Development Update: Resilience through Reforms.” The international financial institution noted that the high inflation rate is worsening poverty and causing businesses to suffer in…
The National Bureau of Statistics says inflation rate in the month of May 2021 is now 17.93 per cent. The Bureau said the figure reduced by 0.19 per cent from the 18.12 per cent recorded in April, 2021. The NBS made this known in its Consumer Price Index report of May 2021.
Noble laureate, Professor Wole Soyinka has called on President Muhammadu Buhari to urgently address the agitations by various sections of the country. Professor Soyinka spoke in a television interview to mark Democracy Day, which was monitored in Lagos. Soyinka said he expressed worry that President Buhari had been silent on critical national issues. More reactions continue to…
The United States government has again called on the Federal Government to respect the rights of Nigerians to freedom of expression. The US is demanding for the third time for the Nigerian government to lift the suspension it placed on the operations of Twitter in the country, The spokesman for the US Department of State, Ned Price,…
Former President of Nigeria, Olusegun Obasanjo, says bad leadership has made it difficult to achieve Nigeria’s greatness. Obasanjo said Nigeria is currently dripping in bitterness and sadness, even though it was meant to be flowing with milk and honey. The elder statesman made the observation at the Olusegun Obasanjo Presidential Library in Abeokuta, Ogun State. He was…
President Muhammadu Buhari has stressed the need for political stability in Libya, as a means to maintain security in the Lake Chad Basin. President Buhari shared his views during a meeting at the State House in Abuja with the Chairman of the Presidential Council of Libya, Mohammed Younis Menfi. The Nigerian leader noted that the neighbouring countries…