In development economics literature, manufacturing is often regarded as the engine of growth and development. The leading economies of the world: USA, China, Germany, Japan, UK etc grew into economic prominence chiefly on the back of industrial revolutions that were…
Tight monetary policy threatens FG’s N720bn borrowing plan
•As investors’ quest for higher yield constrains July auction •FG may resort to Ways & Means – Analysts The Federal Government’s plan to borrow about N720 billion through FGN bond auctions in the third quarter, Q3’22, has come under fresh…
Buhari’s failed ultimatum on ASUU strike
FROM the look of things, President Muhammadu Buhari’s sudden ultimatum to the Minister of Education, Adamu Adamu, to resolve the strike of the Academic Staff Union of Universities, ASUU, within two weeks, was a mere delay tactic. The president gave…
European Union intensifies pressure on FG to replace Russian gas with Nigerian supplies
The European Union (EU) has intensified its pressure on Nigeria for additional gas supplies to the bloc as it gets set to cut supply from Russia due to its invasion of Ukraine. This was made known by the Deputy Director…
Myanmar: Military executes four democracy activists including ex-MP
Four democracy activists have been executed by Myanmar’s military in what is believed to be the first use of capital punishment in decades. The four – including activist Ko Jimmy and lawmaker Phyo Zeya Thaw – were accused of committing…
Tunisians vote on constitution set to bolster one-man rule
Tunisians were voting Monday on a new constitution promoted by President Kais Saied, which has been criticised for giving his office nearly unchecked powers and threatening to install an autocracy in the birthplace of the Arab Spring. The referendum comes…
I’ll make full disclosure of FG’s money – SDP presidential candidate, Adebayo
The Social Democratic Party, SDP, standard bearer, Prince Adewole Adebayo, has promised that from the day he is sworn in as President, he would make full disclosure of where the country’s money is. He said “for too long, Nigeria’s money…
Muslim-Muslim Ticket: Fayemi urges CAN to present Christians’ charter of demands
Mr Fayemi said the choice of Kashim Shettima, a Muslim, as running mate to Bola Tinubu, also a Muslim, is a matter of political calculation, not competence. The Governor of Ekiti State, Kayode Fayemi, has asked the leadership of the Christian…
Udenwa denies involvement in Imo killings
Ugorji decries Awo-Omamma massacre Former Imo State Governor, Achike Udenwa, has refuted viral video information where he was accused of being aware of killings going on in Orlu area of the state. Just as the Metropolitan Archbishop of Owerri Catholic…
OAU, ABU students’ unions, coalition back NLC protest
The nationwide protest declared by the Nigerian Labour Congress has been met with wide acceptance from students, workers and right groups. The NLC has slated the protest for Tuesday, July 26 and Wednesday, July 27, 2022, in solidarity with the…