Tag: #NigeriaEconomy
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SHETTIMA GETS A SOUVENIR, SPARKS SMILES AT NES 66TH ANNUAL CONFERENCE
When economics meets prestige, Vice President Kashim Shettima walks away with more than insight—he takes home a souvenir, courtesy of Prof. Adeola Adenikinju at NES 2025! Vice President Kashim Shettima (right) received a special souvenir from Nigerian Economic Society President, Prof. Adeola Adenikinju, during the 66th Annual NES Conference at Abuja’s NAF Centre on Tuesday.…
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PRESIDENT TINUBU TO INAUGURATE NEW LITHIUM PROCESSING PLANT IN NASARAWA
Nigeria’s lithium industry grows as Tinubu backs Chinese investment in clean energy minerals. President Bola Tinubu is set to commission a 6,000-metric-ton lithium processing plant in Nasarawa, doubling the capacity of the 2023 facility. Governor Abdullahi Sule said the project aligns with the state’s vision to become a lithium hub, boosted by Chinese investments and…
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NIGERIA RECORDS HISTORIC NON-OIL REVENUE GROWTH, REDUCES OIL DEPENDENCE
Fiscal reforms and digital tax drive push Nigeria’s economy towards resilience and development. The Presidency announced Nigeria’s non-oil revenue surged 40.5% to ₦20.59 trillion from January to August 2025, thanks to reforms in tax compliance and digital administration. President Tinubu highlighted this shift away from oil dependence, stressing improved fiscal discipline, record FAAC allocations topping…
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FG REMOVES CNG SUBSIDIES
The Nigerian government has pulled the plug on subsidies for Compressed Natural Gas (CNG), nearly doubling prices and stirring frustration nationwide. After pushing CNG as a cheaper fuel alternative—with tax breaks, credit facilities, and major infrastructure moves—the recent subsidy cuts are hitting converted vehicle owners hard. Motorists now face higher costs and long queues at…
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FCT PENSIONERS URGE IMMEDIATE PAYMENT OF ₦758B ARREARS TO END THEIR SUFFERING
Pensioners plead for long-awaited dues amid hunger, health struggles, and broken promises. Many pensioners in the FCT lament delays in receiving ₦758 billion approved for pension arrears, highlighting struggles with hunger, medical bills, and shelter. They call on the government to pay arrears in lump sums to enable meaningful investment and relief, while appreciating recent…
