…Reveals what‘ll happen 2yrs after taking over The presidential candidate of the Labour Party, Peter Obi, has decried the excruciating hardship and economic woes in the country, declaring that the Nigeria of today was not what the founding fathers of the country envisaged when they staked their lives to seek our independence. Obi who spoke yesterday, during an award of scholarship by the Alex Otti Foundation at the Mata Dei Catholic Cathedral Umuahia, declared that the time had come for patriotic Nigerians to join the on-going efforts to rescue the…
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“Nigeria’s unity beyond 2023 is my priority” – Buhari tells APC chieftains
President Muhammadu Buhari Friday in Abuja told stakeholders of the All Progressives Congress (APC) that the unity, security and prosperity of the country would matter most to him, beyond his days in office as President. Addressing the APC delegation, the President said the unity, security and prosperity of the country would matter most to him, beyond his days in office as President. President Buhari, who expressed delight that the APC was on course to achieving that desire, thanked the delegation “for the kind words on my role in processes leading…
Read MoreBritish PM aspirant, Kemi Badenoch, knocks Nigerian politicians
British Prime Minister aspirant, Kemi Badenoch, has knocked Nigerian politicians, as she announced her bid for the top office. Her comments have been garnering reactions on Twitter yesterday. Badenoch is of Nigerian descent. She said, “I’m ambitious for our party and our country. I chose to become a conservative MP to serve, and I chose this country because here, I can be free and I can be everything that I wanted to be. “I grew up in Nigeria and I saw first-hand when politicians are in it for themselves. When…
Read More‘Nigeria, ticking the economic boxes of a failed State’ – Stakeholders
Stakeholders have warned that Nigeria is currently ticking the economic boxes of a failed State from which it would be difficult to emerge from. Recall that in 2021, the country was designated a failed State in a joint article in Foreign Affairs by political scientist Robert Rotberg and former American Ambassador to Nigeria, John Campbell. In their article: ‘The Giant of Africa is Failing (May 31, 2021)’, they declared: “If a State’s first obligation to those it governs is to provide for their security and maintain a monopoly on the…
Read More2023: ‘Ethnic differences, greed pose threats to Nigeria’ – NEF
The Northern Elders Forum, (NEF), has said that ethnicity and greed remain a threat to the emergence of a greater and better Nigeria, even as the 2023 general elections draw close. According to the Forum, which stated these in an issued press statement by its Director of Publicity and Advocacy, Dr. Hakeem Baba-Ahmed on Wednesday, the conduct of politicians is a determining factor in free and fair elections next year. It lamented that the choices of presidential running mates which has been an issue with the ruling All Progressives Congress…
Read MoreEU to provide $1.4bn for Nigeria’s waste-to-energy, fish projects
The European Union, (EU), and development finance institutions will provide Nigeria with €1.3 billion, the equivalent of $1.4 billion, in funds aimed at reducing its dependence on oil. The funds for agriculture, climate and digital projects will help Africa’s largest oil producer, “achieve a low carbon, resource-efficient and climate-resilient development, creating jobs for youth and economic growth.” The EU Ambassador to Nigeria and the Economic Community of West African States (ECOWAS), Samuela Isopi, disclosed this at the 8th EU-Nigeria Business conference, which was held in Lagos at the weekend. Nigeria…
Read More‘Nigeria has over 11m out-of-school children; highest globally’ – World Bank
The international financial institution, the World Bank, has disclosed that Nigeria has more than 11 million out-of-school (OSS) children, the highest of any country in the world. The global bank, which disclosed this in a document titled: “Nigeria Development Update (June 2022): The Continuing Urgency of Business Unusual.”, said, this is despite the expansion in access to education during the last few decades. The World Bank said more efforts need to be made to ensure Nigeria’s children are back to school. “Although Nigeria has experienced a significant expansion in access…
Read MoreNigeria ranks 143 out of 163 in 2022 Global Peace Index
The 2022 Global Peace Index has ranked Nigeria 143 among 163 independent nations and territories, according to the level of peacefulness. Nigeria moved three places up on the log from the 146th position it was ranked last year. Other countries ahead of Nigeria in the ranking are Mauritius 28; Ghana 40; The Gambia 45; Sierra Leone 50; Equatorial Guinea 59; Malawi 65; Senegal 70; Morocco 74; Rwanda 72; Liberia 75; Gabon 75; Angola 78; Lesotho 100; Madagascar 8; Mozambique 122; and Namibia 68. Others are Zambia 56; Tunisia 85; Tanzania…
Read More‘Inflation shocks will push another 15 million Nigerians into poverty’ – World Bank
The World Bank has said that inflation shock is projected to push about 15 million more Nigerians into poverty between 2020 and 2022. The Washington-based bank said this in its latest Nigeria Development Update report, titled: ‘The Continuing Urgency of Business Unusual’. The report read in part: “Overall, the ‘inflation shock’ is estimated to result in about 15 million more Nigerians living in poverty between 2020 and 2022.” The lending bank stressed the need for reducing the rising rate of inflation, which is pushing millions of Nigerians into poverty. Although…
Read MoreMore Nigerians’ll fall into extreme poverty, World Bank predicts
The World Bank has predicted that more people in Nigeria and its sub-Saharan neighbours are expected to fall into extreme poverty. According to a report obtained via a World Bank newsletter on Friday, titled: “Global Economic Prospects”, Russia’s invasion of Ukraine and its effect on the commodity market, supply chains, inflation, and financial conditions have intensified the slowdown in economic growth. The Washington-based institution further explained that the possibility of high global inflation could eventually result in tightened monetary policy in advanced countries which might lead to financial stress on…
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