Tag: economic
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Akpabio wants rapid action on Economic, Security Challenges as Senate reconvenes
Senate President Godswill Akpabio has called for immediate and rapid action to tackle Nigeria’s worsening economic conditions and rising insecurity. The resumption is coming at a critical moment as Nigerians continue to grapple with the effects of economic reforms and security challenges, with many looking to the Senate for leadership and solutions. Akpabio delivered a…
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Tinubu unveils N2trn Economic Stabilization Plan
President Bola Ahmed Tinubu has unveiled a N2 trillion stabilization and advancement plan to the Presidential Economic Coordination Council (PECC). The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, disclosed this to State House correspondents after the inauguration of the PECC at the Presidential Villa on Thursday. PECC is made up…
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Enonomics and Akwa Ibom Economy – Anie UDOH
“The ultimate purpose of economics …is to understand, and promote the enhancement of well-being.”Ben Bernanke Pastor Umo Bassey Eno, the new governor of Akwa Ibom State, inaugurated on 29 May 2023 to take charge at the Hilltop Mansion in Uyo gave an early signal to his keen interest in the Akwa Ibom economy. The appointment…
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Stoppage of funds to professional bodies: ICAN insists it’s not funded by FG
The Institute of Chartered Accountants of Nigeria (ICAN) has declared that it has never received a dime through the Federal Government or any of its institutions. TheNewsGuru.com, (TNG) recalls the Budget Office had issued a circular which notified professional bodies that effective 2026 such bodies will no longer be captured in the budget. Following this…
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Falana urges Nigerians to resist economic policies designed to inflict pains
A human rights lawyer, Femi Falana, a Senior Advocate of Nigeria (SAN), has urged Nigerians to resist the plan by the Federal Government to impose a forty percent hike in electricity tariff. Falana in an interview said it was insensitive and callous for the Federal Government to even think of increasing tariff on electricity after…
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The Rebirth of Africa is here
We claimed we were decolonized but yet we still live in the shadows of the Whiteman, we speak their languages, we dress like them, we even go as far as changing the color of our skin to look like them. The question is; where are our African values? It has been eradicated, destroyed, suppressed without…
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Economic War: Building New African Nation using power of private sectors
By Kelvin Ogbonna The governments have tried their best but failed and now, it is time for Africans to ignore the governments and build a new nation through the power of private sectors. Africa is where it is today because the governments have been the ones making all the economic decisions which have not brought…