Nigeria needs to move from consumption to production-based economy — Obi

The Vice Presidential Candidate of the Peoples Democratic Party (PDP) during the 2019 general elections, Mr Peter Obi, has explained that Nigeria’s economy, which, he said, was largely consumption-based, needed to become production-driven for a sustainable growth and development to…

Food prices, transport fare soar

The prices of food rose Year-on-Year, YoY,  amidst rising transport fare in September. Analysis of the National Bureau of Statistics, NBS, selected food price watch data for September 2021 showed that the prices of rice, egg,  garri, and tomatoes rose…

*Court sentences trader to 25 years imprisonment for raping tailor (Nation)*Police arraign dispatch rider for allegedly bolting with $10,000 (Guardian)

Court sentences trader to 25 years imprisonment for raping tailor (Nation) An Ikeja Sexual Offences and Domestic Violence Court on Friday sentenced a 43-year-old trader, Adelaja Oloyede, to 25-years imprisonment for raping a tailor. Justice Abiola Soladoye found Oloyede guilty…

*NDLEA intercepts N2bn drugs at Lagos airport (Punch)*Lagos local elections will hold at appropriate time – APC (Sun)*Lagos accounts for 12.15% as states debts hit N4.2t (Punch)

NDLEA intercepts N2bn drugs at Lagos airport (Punch) Operatives of the National Drug Law Enforcement Agency have intercepted illicit drugs worth over N2bn at the Murtala Muhammed International Airport, Ikeja, Lagos. The Head of the MMIA Command of the NDLEA,…

Konga, e-commerce and 23m unemployed Nigerians – Dr Hassan Kuja

Nigeria is currently mired in the throes of a worsening unemployment tide. As you read this, the situation is so bad that out of every three Nigerians you encounter, one of them is unemployed. Numbers wise, Nigeria’s unemployment profile currently…

Nigeria inflation hits 14.89% – a 31-month high

Nigeria’s inflation rate has climbed to a 31-month high, as it rose further to 14.89 per cent in November, the latest figures by the National Bureau of Statistics (NBS) has shown. The report published on the website of the bureau…

Lagos is top earner as states’ IGR drops by 11.7%

The Internally Generated Revenue of the states dropped to N612.87bn in the first six months of 2020 from N693.91bn in the corresponding period of 2019. The National Bureau of Statistics disclosed on Tuesday in its report published on the ‘Internally…

*Man docked for possessing 80 army uniforms (Independent) *Tanker accident causes gridlock along Lagos-Ibadan Expressway (Punch)

Man docked for possessing 80 army uniforms (Independent) A 42-year-old man, Christian Obi, was on Friday arraigned for allegedly being in unlawful possession of 80 pieces of already sewed army camouflage uniforms. The defendant, who pleaded not guilty, was brought…

Fayemi laments gender discrimination in elections (Vanguard)

Wife of Ekiti State Governor, Erelu Bisi Fayemi has lamented that Nigerian women still struggle for full recognition of their rights and personhood in spite of the 1999 Constitution which prohibits discrimination on the ground of gender and the rights…

JAMB records 4.01 % drop in applications received in 2018 – NBS (Guardian)

The National Bureau of Statistics (NBS) says the Joint Admissions and Matriculation Board (JAMB) recorded a 4.01 per cent drop in the applications received in 2018. The NBS, in its JAMB Applications and Admitted Candidates by State and Gender within…

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