Economy

By Achadu Gabriel, Kaduna As hardship orchestrated by the President Bola Tinubu administration's removal of fuel subsidy takes a toll on ordinary Nigerians, the situation has forced all sorts of painful socio-economic adjustments by the masses. Findings showed that,on a personal level, the objective for many ordinary Nigerians is to stay alive by any means possible, given that most families are not feeding as well as in past decades. It was also discovered that many petty traders, including food items producers, have devised strategies to manage to stay in business, rather than go under and await the inevitable. The case…

By John Bassey, Birnin Kebbi The massive economic potentials of Kebbi State took centre stage when top officials of Nigerian Shippers' Council came calling to the North-West Nigerian State. Aspects of the potentials, particularly the vast water body located in Dolekaina, Dandi Local Government Area (LGA), suitable for shipping and fishing activities, were highlighted. Nigerian Shippers’ Council was established under military rule in 1978 but the decrees governing its existence later became Act Cap. N133, Laws of the Federation of Nigeria 2004,under civilian democratic rule. The Council is Nigeria's port economic regulator. A delegation from the Council held a town…

By our reporter Nigeria's National Bureau of Statistics (NBS)said on Wednesday, January 15 that the nagging inflationary spiral in the country had reached 34.80%,as of December,2024. It was 33.60% in November, 2024. NBS disclosed these in its latest Consumer Price Index (CPI). On its official Facebook account,which has a modest 15,000 followers, NBS said:"In December 2024, the Headline inflation rate was 34.80% relative to the November 2024Headline inflation rate of 34.60%. "Looking at the movement, the December 2024 Headline inflation rate showed a marginal increase of 0.20% compared to the November 2024 Headlineinflation rate. This was due to December festive…

By Achadu Gabriel, Kaduna Frank-talking Senator Shehu Sani, who represented Kaduna Central senatorial district in the 8th Senate, has regretted that many persons from the Northern and South-Western parts of Nigeria do not own properties in the South-East of the country. While not blaming the South-Easterners for the development, Sen. Sani described the South-East as beautiful. He opted to purchase a piece of property there, periodically visit the place for holidays, and thus encourage persons from the North and South-West to do same. Sen. Sani, in his verified X (formerly Twitter) handle, posted that Northerners and South-Westerners do not usually…