Tag: #EconomicHardship
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HOUSE OF REPRESENTATIVES GIVES 7-DAY ULTIMATUM FOR PAYMENT TO LOCAL CONTRACTORS
The Nigerian House of Representatives has issued a seven-day ultimatum to the Minister of Finance, Wale Edun, and the Minister of Budget, Atiku Bagudu, demanding immediate payment to local contractors for work done under the 2024 and 2025 Appropriations. The resolution came after Minority Leader Rep. Kingsley Chinda highlighted the plight of contractors protesting strongly…
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EFCC INVESTIGATOR TESTIFIES THAT EMEFIELE’S NAIRA REDESIGN CAUSED HARDSHIP FOR NIGERIANS
During the ongoing trial of former Central Bank of Nigeria (CBN) Governor Godwin Emefiele, EFCC investigator Chinelo Eneanya testified that the bank’s naira notes redesign in 2022 led to significant economic hardship for Nigerians. She told Abuja high court that video evidence from the investigation showed widespread frustration and difficulty meeting daily needs due to…

