…Says 139m poor Nigerians is his ‘scorecard’ The African Democratic Congress (ADC) has called on President Bola Tinubu to either abandon what it described as his ‘failed’ economic policies or resign, following recent reports showing worsening poverty and hunger across Nigeria. In a statement issued yesterday by its National Publicity Secretary, Bolaji Abdullahi, the opposition party cited the latest World Bank report indicating that about 139 million Nigerians, representing roughly 60% of the population, now live below the national poverty line. The ADC also referred to a World Food Programme…
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“Good governance starts with effective economic policies” – Jonathan
Former president Goodluck Jonathan says Nigeria’s democracy can only remain stable and sustainable if supported by effective economic policies that deliver tangible benefits to citizens. Jonathan stated this on Thursday in Lagos at the 10th anniversary of the Goodluck Jonathan Foundation, where a report on strengthening the link between democracy and economic growth in Nigeria was launched. He said Nigeria’s democratic system has endured over the years but warned that endurance alone is not enough without policies that improve living standards and economic outcomes. According to him, democracy is increasingly…
Read More‘FGs policies crippling businesses’- MAN, NECA, NACCIMA
The Manufacturers Association of Nigeria, (MAN), the Nigeria Employers Consultative Association, (NECA), and the Nigerian Association of Chambers of Commerce Industry Mines and Agriculture, (NACCIMA), have blamed hastily implemented government policy shifts without corresponding plans to mitigate the negative effects of the inception of the present government for the socio-economic crises confronting the country currently. The trio spoke separately on the issue yesterday, with NECA saying major policy shifts undertaken by the government in 2023 and the adverse impacts they had across various sectors, are having terrible effects on businesses…
Read More“Tinubus economic policies disjointed, wont end Nigerians hardship” – Financial Times
President Bola Tinubus economic policies are disjointed, pushing tens of millions into misery and would not end Nigerians hardships, Financial Times of London has reported. In an editorial article assessing Tinubus over one year in office published on Wednesday, the newspaper dismissed Tinubunomics, a term blending Tinubus name with the last five letters of economics, as disjointed. Tinubunomics is so disjointed it barely deserves the name, the Financial Times wrote, warning that: Shock therapy will probably fail if important adjustments are not made. The newspaper said under Tinubus watch, Hunger…
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