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…
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‘FG’s 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“Tinubu’s economic policies disjointed, won’t end Nigerians’ hardship” – Financial Times
President Bola Tinubu’s 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 Tinubu’s over one year in office published on Wednesday, the newspaper dismissed “Tinubunomics,” a term blending Tinubu’s 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 Tinubu’s watch, “Hunger…
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