87% Of All The Poor People In Nigeria Are Found In The North

Posted by Thandiubani on Tue 11th Feb, 2020.  A new report released by the World Bank has slammed Nigeria after revealing the poverty rate in the country. The World Bank in a new report released on January 28, 2020 has revealed that the North accounted for 87 per cent of all the poor people in…

BREAKING: CBN Slashes Electronic Transfer, ATM Withdrawal Charges

On December 22, 2019.  By Babajide Komoloafe The Central Bank of Nigeria (CBN) has reviewed downward electronic transfer and ATM fees as well as card maintenance fees. The new charges were contained in the latest Guide to Charges by Banks and Other Financial Institutions just released by the CBN According to the CBN, bank customers…

Why Local Rice Costs As Much As Imported Rice – Expert Reveals

Posted by Samuel on Tue 26th Nov, 2019.  A senior rice specialist at the Africa Rice Centre has talked about why local rice costs just as much as imported rice.  Philip Idinoba of Africa Rice A senior rice specialist at the Africa Rice Centre, a pan-African rice research organization, Philip Idinoba says the reason a…

Border Closure  And Chinese Experience 

On August 20th 2019, the federal government ordered the closure of its land borders. Arguments regarding the decision over the weeks seem to suggest that it is the right decision, but, at the wrong time and in the wrong manner. It’s no longer news that over-dependency on importation has been one of the major factors…

The Politics Of The Border Closure

Posted by George on Wed 06th Nov, 2019.  Emefiele doesn’t need the nail clapping of the unconvinced. There are millions of regime apologists applauding government’s wisdom in taking the decision. Thomas Aquinas, the Italian theologian and philosopher wrote “to one who has faith, no explanation is necessary. To the one without faith, no explanation is…

Closure of Nigerian Borders (2)

On November 5, 2019.  By  Urowayino Jeremiah  IT is quite obvious that the closure of Nigeria’s land borders with neighbouring countries could have been far better handled. The slamming “with immediate effect” smacked of a typical knee-jerk military approach which has never done Nigeria any good. The Federal Government could have met with all stakeholders in…

Closure of Nigeria’s borders (1)

On November 4, 2019. By Nwafor SHORTLY after President Muhammadu Buhari returned from the Seventh Tokyo International Conference for African Development, TICAD7, our land borders with Benin, Niger and Cameroon were closed on August 20, 2019. The President had obviously had enough of the reckless dumping of smuggled imported goods, especially rice and second-hand automobiles, through…

FG incurs N150bn judgment debt – AGF

– The Attorney General of the Federation has pleaded with the Nigerian Senate to intervene in settling the judgement debt of the country – Abubakar Malami said Nigeria has incurred a judgment debt of N150 billion – Malami called for a Senate intervention by approving N30 billion annually to serve as payment for the long-standing…

Nigerians Shall Not Live On Rice Alone By Fredrick Nwabufo

Figures from the Food and Agriculture Organisation (FAO) showed that rice production has increased from an average of 7.1 million tonnes between 2013 and 2017 to 8.9 million tonnes in 2018. President Muhammadu Buhari’s ‘’rice revolution’’ is laudable. Before the ‘’crop rebellion’’, Nigeria spent about $1.65 billion annually importing rice from Thailand and India. But…