nlobalnews

Untold Hardship: Give Account Of Money Saved From Fuel Subsidy Removal, Catholic Bishops Tell Tinubu

The Catholic Bishops Conference of Nigeria (CBCN) has asked President Bola Tinubu’s government to give account of the savings from fuel subsidy removal in the first nine months of his administration. The clerics questioned the lack of operational refineries despite spending huge amount of money in turnaround maintenance which had led to continued reliance on…

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Looking For Money To Run It’s Expensive Government,Tinubu Imposes 50% Tax On NCAA

  MAYOWA DUROSINMI In a bid to accumulate tax returns, Bola Ahmed Tinubu has issued a directive mandating all self-funded agencies, including the Nigeria Civil Aviation Authority (NCAA), to remit 50% of their revenue to the Federal Government. This directive challenges the autonomy of theĀ NCAAĀ and violates the Civil Aviation Act that established it as a…

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On Speculations about Banks and Bankers: When Silence is Worth Its Weight in Gold

Speculation seldom shows wisdom, knowledge or understanding; like a virus, it spreads to destroy both good and bad narratives. When speculation comes from the quarters of otherwise respected leaders, it worsens; it misleads, misdirects, and impoverishes the minds of otherwise sensible people. Indeed, it fosters mistrust and leaves a sour taste of envy, spite, and…

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Economic Hardship: Price of Spaghetti jumps to N950 from N80, single egg N300, butter N1,400, sardine N1,020, 50Kg bag of rice N77,000 — Report

The prices of staple food have gone up amid worsening inflation, Peoples Gazette is reporting. It is reported that since President Bola Tinubu assumed office on May 29, 2023, his economic policies have made life more difficult for Nigerians. On Thursday, the National Bureau of Statistics (NBS) said Nigeria’s inflation rate climbed to 29.90% in…

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