Tag: Economic hardship

“People may not like us, but things are changing” – Tinubu

Aminu Imam
Asiwaju

President Bola Tinubu has said things are taking shape for the better, even though people may not like his administration. He said amid the tough challenges in the country, his administration had made some progress, noting that there are better days ahead. The President, who was represented by the National Security Adviser, Nuhu Ribaɗu, made the remarks at the graduation ceremony for the Executive Intelligence Management Course-17 at the National Institute for Security Studies on Saturday, in Abuja. “Things are happening in our country today. People may not like us;…

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Hardships: “Reverse bad economic policies” – Catholic Knights urge Tinubu 

Aminu Imam
Catholic Knights urge Tinubu

The Knights of St. Mulumba (KSM) Nigeria, a foremost Catholic Order, has called on President Bola Tinubu to urgently reverse economic policies responsible for the intense hardship Nigerians are passing through.Food and travel guides The KSM Nigeria stated this in Calabar on Friday, at a press briefing to mark the commencement of its 45th Supreme Council Convention, with the theme: “Deepening Christian Spirituality and Family Values – Roles and Challenges”, billed to be held from Friday to Sunday. According to its leader, Worthy Supreme Knight Charles Mbelede, “The Order is…

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Hardship: Nigerians cry out, as cost of food items soars 

Aminu Imam
Hardship Nigerians cry out

Nigerians have cried out over escalating cost of common perishable and preservable food items across various markets in Niger State. This is coming barely few months after the State government inaugurated a Price Control committee to check excesses of foodstuff merchants and middle-men, whose activities is adding to the rise in cost of not not only food items but goods and services from the farms to the end users. Published findings indicate that the least in quality of standard mudu of local rice and beans (containing ten milk cups) is…

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“Hunger, economic hardship killing Nigerians” – NANS tells Tinubu 

Aminu Imam
NANS tells Tinubu

The National Association of Nigerian Students (NANS) has called on President Bola Tinubu to urgently address hunger and economic hardship in Nigeria, saying citizens are dying. According to NANS, which made the call yesterday, in a statement signed by the Clerk of its Senate, AbdulYekin Odunayo, said Nigerians have been subjected to unwarranted impoverishment and hunger since President Tinubu assumed office, urging him to espouse a policy capable of revamping the nation’s economy. Odunayo noted that fuel subsidy removal and floating of the country’s currency done simultaneously by the Tinubu-led…

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Kerosene prices skyrocket, straining household budgets

Aminu Imam
Kerosene prices

The latest report from the National Bureau of Statistics (NBS) highlights a significant increase in the price of kerosene, placing additional strain on household budgets. The report, part of the NBS’ Price Watch series, shows that the price of kerosene has risen both month-on-month and year-on-year. Residents in the North-Central region are paying the highest average retail prices, with Abuja, Kaduna, and Akwa Ibom States topping the list. In October 2024, the average retail price of Household Kerosene (HHK) reached ₦1,957.44 per litre, marking a 3.07% increase from the ₦1,897.12…

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“Reduce suffering in Nigeria” – South-West Muslims urge Tinubu 

Aminu Imam
South West Muslims

Muslims in the South-West, under the aegis of Muslim Ummah of South-West Nigeria, (MUSWEN), have advised President Bola Tinubu to put in more efforts to reduce suffering in the country. MUSWEN President and Deputy President-General of Nigerian Supreme Council for Islamic Affairs (NSCIA), Rasaki Oladejo, made the call at the 9th MUSWEN General Assembly, yesterday. The event was witnessed by the Sultan of Sokoto, His Eminence, Muhammad Sa’ad Abubakar III, Oyo State Deputy governor, Barr. AbdulRaheem Adebayo Lawal, Executive Secretary of MUSWEN, Professor Muslih Tayo Yahya and Director of Muslim…

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91-year-old Ondo voter begs President Tinubu to tackle hunger

Aminu Imam
91yr old voter

A 91-year-old man, Pa Adesanoye Eghaegbemi has appealed to President Bola Tinubu to assist the masses by taking steps to tackle hunger in the country. Eghaegbemi made the appeal yesterday, shortly after casting his vote at the Unit 5, Ward 6, Ikoya Igbinsin-Oloto, in Okitipupa local government area of Ondo State. The nonagenarian said that the present economic hardship was affecting the elderly, and appealed to the Government to institute measures to cushion the effects of hunger, adding that he came out to exercise his franchise in order to enjoy…

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“Politicians, IMF, World Bank driving Nigerians towards Venezuela” – Ali Ndume

Aminu Imam
Ndume on hardship

Senator representing Borno-South, Ali Ndume, has accused politicians, the International Monetary Fund (IMF), and the World Bank of contributing significantly to Nigeria’s economic woes. Speaking during an interview on a television programme  yesterday, Ndume warned that their actions are pushing the country toward a crisis similar to Venezuela’s. The senator’s remarks reflect his criticism of external economic policies and domestic political mismanagement, which he believes have combined to worsen the country’s economic challenges. Ndume emphasised the need for a more self-reliant and locally driven approach to economic reforms, urging leaders…

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Naira devaluation, subsidy removal, weak purchasing power pushes unsold goods to N1.24tr – MAN

Aminu Imam
MAN on unsold goods

The Manufacturers Association of Nigeria, (MAN), has stated its unsold manufactured goods have reached a record N1.24trillion, as its unsold inventories increased by 357.57% in the first half of 2024. MAN, which disclosed this in its latest report on the country’s economic performance, attributed this sharp increase to the declining purchasing power in the country caused by escalating inflation, subsidy removal, and Naira devaluation. MAN’s President, Francis Meshioye, explained, “The inventory of unsold finished products in the manufacturing sector surged by 357.57% year-on-year, reaching N1.24trn in H1 2024. According to…

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Hardship: First Lady, NSA Ribadu to lead national prayer for Nigeria

Aminu Imam
First Lady, Ribadu on national prayer

First Lady Senator Oluremi Tinubu and National Security Adviser (NSA) Nuhu Ribadu are to lead a national prayer session in response to the numerous challenges Nigeria currently face. The event, organised in collaboration with Christian and Muslim leaders, seeks divine intervention for Nigeria’s healing process. Director-General of the National Prayer Forum, Chief Segun Balogun Afolorunikan, who announced the initiative during a press briefing in Abuja, said the event’s theme is: “Seeking the Intervention of God in Nigeria’s Affairs”. According to him, “By the end of this prayer session, we believe…

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