It Makes No Sense, Former Statistician General Fault NBS Data That Says Unemployment Has Reduced
A former Statistician-General of Federation/Chief Executive Officer of the National Bureau of Statistics (NBS), Dr. Yemi Kale, has criticised the methodology used in calculating Nigeria’s unemployment rate from 20 hours to one hour per week. This comes barely a week after the NBS released a new data that put employment at 4.1 per cent from the 33.1% it was in...
We Inherited A Bad Economy, FG Says As Tinubu Insists On 50m Jobs
The Federal Government, on Monday, said it inherited a bad economy with an unacceptable high rate of unemployment. The government also assured Nigerians that the administration of President Bola Tinubu will not rely on borrowing and that he had pledged to be transparent, honest and accountable to the people. Meanwhile, the President has promised to create about 50 million jobs through...
Illegal Pipeline Connection In Abia Costs Nigeria $7.2m Monthly, FG Says
A federal government delegation to the oil-producing areas of Nigeria has discovered numerous illegal pipeline connections robbing Nigeria of millions of dollars in revenue. The team noted that a particular pipeline in Owaza in Abia state has been damaged by oil thieves, causing a revenue loss of $7.2 million dollars per month. The delegation, that visited the Niger Delta region at...
Hunger To Vanish As NEC Approves N5bn Subsidy Palliative With 5 Trucks Of Rice
The National Economic Council, NEC, on Thursday said that the Federal Government has approved N5 billion grant to be given to each of the 36 states of the federation for the procurement of grains as well as five trucks of rice to each state as palliatives to cushion the effect of fuel subsidy removal. The NEC also approved the distribution...
World Bank President Visits Nigeria, To Focus On Job Creation, Energy
The President of World Bank, Ajay Banga is set to commence a three-day visit to Nigeria which will focus on job generating avenues for teeming Nigerian young population as well as bridging the country's energy gap, the international lender said in a statement on Tuesday. The visit on Thursday will see the World Bank chief meet with the President of...
Enugu Loses N10bn Weekly Over Sit-At-Home, Says Gov. Mbah
The Governor of Enugu State, Peter Mbah, says the sit-at-home enforced by a faction of the Indigenous People of Biafra in the South-East is causing the state to lose over N10 billion every Monday. The governor made this disclosure on Thursday in Enugu at a meeting with the Presidents-General (PGs) of all the autonomous communities in the state. He said the...
Group Condemns Destruction Of Ship With 800,000 Barrels Of Stolen Crude Oil
The Health of Motherland Foundation, HOMEF, has condemned the recent destruction of a vessel loaded with 800,000 barrels of stolen crude oil by a Nigerian military helicopter after the vessel was seized and the crew detained, describing the act as “unacceptable environmental pollution.” HOMEF Executive Director, Ninmong Bassey while reacting to the manner the vessel was burnt in a statement...
Tinubu Declares State Of Emergency On Food Security
President Bola Tinubu has declared a state of emergency on food security in Nigeria. Presidential spokesman, Dele Alake, made this known while briefing State House correspondent on Thursday. The President directed that all matters pertaining to food and water availability and affordability, as essential livelihood items, be included within the purview of the National Security Council. The directive was said to be...
Billionaire Daughter, Hauwa Indimi, Laments High Cost Of Tomato
Hauwa Indimi-Yar'adua, the daughter of billionaire oil entrepreneur Mohammed Indimi, has expressed concern about growing food prices in the country. Taking to her verified Instagram account, the cosmetologist shared a photo of a small basket of tomatoes she purchased in Abuja for N8,000, adding that she is "still not over it yet." According to the News Agency of Nigeria, due to...
It’s Time To Pay Workers Living Wage In Line With Current Realities, Says Reps Speaker Abass
Speaker of the House of Representatives, Tajudeen Abass, has advocated a review of salaries for workers in the country. Abass said this in a statement by his Special Adviser on Media and Publicity, Musa Abdullahi Krishi, in Abuja on Monday. He said it was imperative to take a look at what an average worker would need to be paid as salary...
