Democracy's star is fading as Nigerians struggle to afford the basics | Nigeria
Nigeria has played a major role in fostering democracy in Africa’s west but after 25 years its people are losing faith
Source: theguardian.com
📰 Bongo Adi News
Bongo Adi News Today
Fast, Ad-Free News Updates
Stay updated with breaking news from Bongo Adi. Real-time updates on events, politics, business and more.
FG proceeds with unambitious budget, proposes N27.5tr next year
The Federal Executive Council (FEC), yesterday, approved a total expenditure of N27.5 trillion for next year, endorsing the continuation of spurious appropriation benchmarks and unambitious public spending.
Source: guardian.ng
Nigerians paying price of reform paralysis
Nigeria is currently paying the price of a reform paralysis that came upon the country. We failed to take certain actions when they were due, and in some cases, the wrong actions were taken. That is why the economy is now in a state of turmoil. Prices have risen across the board and continue to…
Source: dailytrust.com
Falling consumption, weak sales threaten FMCG businesses, jobs
Poor consumer spending, local consumption and weakening sales and low consumption are currently reducing the chances of survival and shrinking the profit margin of companies in the fast-moving consumer goods (FMCG) sector...
Source: guardian.ng
Nigerian farmers groan as fertiliser price soars despite increased local production
The price increase is despite over $121 million invested by the Nigerian government in the Presidential Fertiliser Initiative (PFI).
Source: premiumtimesng.com
Can Tinubu avoid Buhari's borrowing approach?
Stakeholders are already beaming their searchlights on Tinubu to see what he would do differently and if he will continue Buhari's approach.
Federal Capital Territory Abuja Federal Capital Territory United States Vahyala Kwaga Mokutima Ajileye Kolawole Oluwadare
Source: pmnewsnigeria.com
May 29: Nigeria's debt burden, rising inflation Tinubu's biggest nightmare
Spread the love As Bola Ahmed Tinubu takes over as Nigeria’s 16th President today, May 29, he will be inheriting a battered economy weighed down by…
Source: onlinenigeria.com
Worries As Buhari Govt Pass On N46trn Debts To Tinubu
April 25,2023. President Muhammadu Buhari would pass on the N46.25 trillion debt burden to the incoming government. According to the Debt Management Office, DMO, Nigeria’s total debt stock has hit 46 trillion. Naija247news reports that despite the dust already caused by the heavy existing debt burden, the government said it had received approval from the |
Source: naija247news.com
May 29 transition: Concerns as Buhari govt pass on N46trn debts to Tinubu
President Muhammadu Buhari would pass on the N46.25 trillion debt burden to the incoming government. According to the Debt Management Office, DMO,
Saudi Arabia Idakolo Gbolade Muhammadu Buhari Ayo Teriba Economic Associates International Monetary Bank
Source: dailypost.ng
Decentralised monetary system and possibility of naira value reset
In what might be the beginning of a new world order, China and Russia are consolidating their new alliance, with the two leaders, Xi Jinping and Vladimir Putin pledged to deepen the strategic partnership and bilateral ties as they enter a ‘new era’
Source: guardian.ng