The Economics of Removing Fuel Subsidy in Nigeria: A Comprehensive Analysis
Introduction:As Nigeria grapples with the challenges of its oil-dependent economy, the issue of fuel subsidy has remained a contentious topic. Fuel subsidy refers to the government’s practice of reducing the price of fuel to alleviate the burden on…
BREAKING NEWS: INEC Shocking Admission. Regret Declaring Presidential Election Results.
Shocking revelations have exposed a brewing catastrophe within the Independent National Electoral Commission (INEC), as they now express deep regret over the declaration of the presidential election result in favor of Bola Tinubu. It has been disclosed…
I Would Never Call Bola Tinubu to Congratulate Him – Bode George
In a bone-chilling revelation, Olabode George, the former deputy National Chairman of the Peoples Democratic Party (PDP), has confirmed a spine-tingling meeting that took place between him and members of the ruling All Progressives Congress (APC). The…
LeBron James Defies Age and Continues to Thrive in Year 20 of His NBA Career
As LeBron James enters his third decade in the NBA, he finds himself surrounded by teammates who grew up idolizing him and watching him dominate the game. He has even played against the sons of his basketball contemporaries, as well as his own…
Bitcoin’s Recent Price Drop Could Have Negative Impact on Nigeria’s Economy and Cryptocurrency Industry
Bitcoin, the world’s most popular digital currency, has experienced significant price drops in recent years. The volatility associated with cryptocurrencies often leads to major price fluctuations, and Nigeria is a perfect example of a country that may…
Crisis As Civil Servants in Zamfara State Hold Special Prayers Over Non-Payment of Salaries Since January
Civil Servants in Zamfara State have been plunged into a living nightmare as they are denied their right to a decent wage. The non-payment of salaries to these workers has created a devastating ripple effect, pushing them to the brink of desperation and…
Nigeria’s Oil Output Drops Below One Million Barrels Per Day in April 2023
The Nigerian oil industry has hit a new low, with the country’s oil production dropping below the one million mark in April 2023. This decline represents a 21.26 percent decrease compared to the previous month, when output stood at 1,268,202 barrels per…
FCT FA Chairman, Muhtar, condemns Eaglets’ failure to qualify for U-17 World Cup as a national catastrophe
The Chairman of the Federal Capital Territory Football Association (FCTFA), Abba Muhtar, has expressed his disappointment over the failure of the Nigerian U-17 side, the Golden Eaglets, to qualify for the 2023 FIFA U-17 World Cup. Muhtar has described…
Tribunal: Judiciary cannot afford to fail Nigerian citizens – Gowon
Former Head of State Gen Yakubu Gowon (retd) has said that there’s a need for a strong, independent and impartial judiciary. Gowon made the call on Thursday in Abuja at the 15th edition of the PUNUKA Annual Lecture 2023 and symposium in honour of the…
Over 80 Nigerian Ministries, Agencies Spent N1trillion ($2B) In 2019 Outside Budget For Overhead Costs
Government institutions and agencies spent N1,006,542,151,109.36 with total disregard to appropriation bills. The Socio-Economic Rights and Accountability Project (SERAP) has accused no fewer than 84 ministries, departments and agencies of spending above…