The lingering foreign exchange scarcity in the country has continued to worsen even as the exchange rate on the parallel market is inching towards N590/$1, The PUNCH has learnt. The development may lead to massive job loss in the manufacturing industry, among other sectors, according to the Manufacturers Association of Nigeria. The development comes over eight months after the Central Bank of ...
Read More »Monthly Archives: March 2022
Buhari Impressed With Dangote’s $2.5bn Fertiliser Plant
…surprised at scale of investment; says nation set to witness agric boom President Muhammadu Buhari Tuesday commissioned the new 3 million Metric Tonnes capacity per annum state-of-the-art Dangote Fertiliser Urea Plant, with an emphatic assurance that the project would give a huge fillip to Nigeria’s agricultural sector, which revitalisation has been a focal point of his administration’s economic policy. The ...
Read More »Buhari Inaugurates New International Terminal At Lagos Airport, 43 Years After Establishment
…Lagos Government, FAAN seal partnership to develop new access roads to airport Lagos State, Nigeria’s hub of commerce, is set to witness a rapid economic growth, as a major remodelling project undertaken by the Federal Government at the Murtala Mohammed International Airport (MMIA) in Ikeja comes to fruition. President Muhammadu Buhari, on Tuesday, commissioned the newly built international terminal at ...
Read More »True Leadership Is About Service To People, Says Osinbajo
Leadership is not just about holding exalted positions, but the real test is in the dedication and service to the people, according to Vice President Yemi Osinbajo, SAN. Prof Osinbajo said this yesterday night in Abuja, at the fifth anniversary celebration of the North East Children’s Trust (NECT) Learning Centre; a charity educational centre he envisioned in 2016 and which ...
Read More »IPAN Tasks Soludo To Pay Workers’ Salaries, Gratuities
Raymond Ozoji, Awka Igbos for Progressive and United Nationhood, IPAN, has called on Anambra State governor, Prof. Charles Soludo, to look inwardly to ascertain the major challenge of the people, especially the civil servants and the downtrodden. IPAN regretted that the previous administration under Chief Willie Obiano was not in charge of his government, thereby believing everything his commissioners told ...
Read More »Anambra-Central Poorly Represented At Senate — Okagbue
Raymond Ozoji, Awka Ex-governor Willie Obiano’s Deputy Chief of Staff Uzuegbunam Okagbue says Anambra-Central senatorial zone is poorly represented at the Senate. Okagbue, who has declared his intention to be in the 10th senate come 2023, said he remains the best person to represent Anambra-Central senatorial district because he believes in both personal and professional capacities and he does things ...
Read More »Obasa Mourns As APC Chieftain Loses Wife
The Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, has described the demise of Alhaja Oluwatoyin Gbadero Adaranijo (Nee Macarthy) as shocking. Dr. Obasa said this in a condolence statement released by his media office on Tuesday. Alhaja Oluwatoyin, wife of Chief Safari Adaranijo, apex leader of the All Progressives Congress (APC) in the Agege area ...
Read More »PDP Hails As Court Sacks Cross River Speaker, 19 Others Over Defection
The Abuja division of the Federal High Court has sacked 20 lawmakers including the Speaker of the Cross River State House of Assembly, Eteng Williams over their defection from the Peoples Democratic Party to the All Progressives Congress (APC). However, in a swift reaction, the affected lawmakers who were represented by human rights activist, Chief Mike Ozekhome (SAN), have vowed to challenge the ...
Read More »Why We Must Always Celebrate Our Teachers — Obi
…pledges support for African Philosophy in UNN Former Governor of Anambra State, Mr. Peter Obi, has explained that it is a noble act for one to appreciate teachers and educators who have positively impacted their lives, saying that such will not only motivate the teachers but also serve as a lesson in gratitude to the younger generation. Obi made the ...
Read More »The Relevance Of The OUK Formula In Abia Succession Politics
By Chido Nwakanma Both sides of the dispute over the tilt of the governorship of Abia State circa 2023-2027 may find in former Governor Orji Uzor Kalu an unlikely resource for its resolution. Kalu implemented a formula that changed the state’s power structure into a quadrant. He did so unwittingly in 2007 when he ensured that Chief (now Senator) Theodore ...
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