…Nigerian social commentator Oyemykke has sparked a debate online after comparing the cost of living in Lagos with that of the UK (London), claiming residents spend more on lifestyle expenses in Lagos. In a video shared on his Instagram page, Oyemykke made the comment while discussing his experience living in the UK, wh…
…with Trump’s approval ratings at near-record lows over the Iran war and a surge in the cost of living fueled by high oil prices. He also reiterated the threat to “annihilate” Iran that he made in his speech to the UN General Assembly last week, despite having previously cast himself as the “president of peace.” “Yeah,…
…can look towards the future with confidence”, he stated. The President said lowering the cost of living would therefore be at the centre of the government’s next phase, with efforts focused on reducing the cost of producing and transporting goods. “Our priority is to bring down the cost of living. We will achieve this…
…the “age of reform” to an “age of prosperity”, with the priority now being to reduce the cost of living and promote widespread economic opportunities. “The emergency treatment is over. The foundation has been repaired. The central economic task before us has changed,” he said. “For three years, our overriding purpose w…
…widespread prosperity.” According to him, the immediate priority is to bring down the cost of living by reducing the cost of producing and transporting goods. Tinubu said the government was expanding mechanised irrigation and dry-season farming, improving access to seeds and fertiliser, increasing mechanisation and inv…
…Akpabio, spoke during the resumption of plenary, where he also highlighted the rising cost of living and its impact on Nigerian households. Akpabio called for early preparation for floods, adequate protection of vulnerable communities and prompt delivery of relief materials to victims. “A warning must lead to preparati…
…Akpabio, spoke during the resumption of plenary, where he also highlighted the rising cost of living and its impact on Nigerian households. Akpabio called for early preparation for floods, adequate protection of vulnerable communities and prompt delivery of relief materials to victims. “A warning must lead to preparati…
…from these domestic choices. A country confronting insecurity, poverty, and a punishing cost of living can still argue for a fairer world, but its claim carries greater weight when citizens can see progress. The authority Nigeria seeks abroad must be earned through service at home. Five tasks follow. Send lean delegati…
…across the financial services sector.Nigerian banks adjust workers salary amid rising cost of living. Photo: Nurphoto>The four banks collectively recorded N2.36 trillion in profit for the 2025 financial year, Punch reports.The statements also showed that 13,790 employees across the four banks earned at least N718,125 p…
…can no longer sustain their households on that figure given the sharp rise in the cost of living since the removal of the petrol subsidy.Legit.ng reports that Phrank Shaibu, Director of Strategic Communications of the African Democratic Congress (ADC) Presidential Campaign Council, issued the statement on Atiku's behal…
…the increase in fees. According to him, the increase ought to be higher if the rising cost of living and operational expenses were fully considered. “In fact, the increase ought to be higher than that if the cost of living would be taken into consideration in full force. The increase being complained about, that is 40…
…from the Obasanjo era reflects a lack of answers to pressing concerns such as the rising cost of living, food prices, transportation, electricity, education, healthcare and insecurity. “When those defending the government can no longer explain the difficulties ordinary families face, they turn to old political argument…
…the country, claiming that Nigerians are now united by poverty, hardship, and the rising cost of living. He claimed that the widespread economic struggles being experienced across the nation could eventually become a major challenge for the government. The outspoken commentator, who has frequently criticised the govern…
…on X, others are questioning the administration's priorities given the Iran war and high cost of living. In November, reports surfaced highlighting the administration's unconventional approach to the White House website, with one official noting, "The website is informative in a lot of different ways, but it's also a v…
…current wage structure no longer reflected the prevailing economic realities and rising cost of living. The forum also proposed a maximum salary of N1.5m for Level 17 officers as part of a comprehensive review of federal civil servants’ remuneration. Read here: https://punchng.com/workers-demand-n300000-minimum-wage/ A…
…but to translate fuel savings into lower transportation and logistics costs, ease the cost of living and improve economic productivity,” he said.Ekpo explained that reduced vehicle operating costs could have wider economic benefits for commuters, businesses, farmers, traders and other productive sectors.FG plans 500 mo…
…The latest NBS data comes as a majority of Nigerians continue to lament the rising cost of living despite headline inflation standing at 15.43 percent in July. The recent rise in the price of petrol to between N1,310 and N1,345 per litre has further increased economic hardship for Nigerians. Nigerians react as GDP grow…
…capacity and providing targeted, transparent support to reduce fuel prices and ease the cost of living. The subsidy debate is expected to remain a major issue ahead of the 2027 general election, with opposition parties increasingly making the cost of living, petrol prices, food inflation, unemployment and insecurity ce…
…refining with targeted and transparent support aimed at lowering fuel prices and the cost of living. “The 2027 election will not be about who shouted ‘liar’ the loudest. It will be about who can put food on Nigerians’ tables, create jobs, provide security, and reduce the cost of living,” the ADC said. “Nigerians have s…
…the meeting also focused on governance, with discussions centred largely on reducing the cost of living for Nigerians. He explained, “We spoke basically on two issues: one, politics, and the other, governance. “Governance, which took most of the time, is about how to reduce the cost of living in Nigeria, the cost of tr…
…its presidential candidate, Alhaji Atiku Abubakar, placed targeted subsidies and the cost of living at the centre of the national political debate. “Why did it take Atiku’s subsidy plan for this government to suddenly start running helter-skelter and to realise the need to bring down the cost of transportation?” Abdull…
…unreliable electricity and water supply, food insecurity, and the escalating cost of living, among others. “When citizens are overwhelmed by poverty, insecurity, unemployment, hunger, social isolation and hopelessness, the burden on mental health inevitably increases. “The government, therefore, has a crucial role to p…
…he described as an over simplification of the relationship between petrol prices and cost of living, arguing that several other factors, including insecurity, exchange rates, logistics, storage, flooding and agricultural input costs influenced food inflation. He further questioned the ADC candidate’s proposal to link s…
…benefits of the subsidy removal should be assessed beyond the immediate increase in the cost of living. He also cited the ability of governments to meet their salary obligations without repeatedly seeking loans or financial assistance from the national purse as one of the often-overlooked benefits of the policy. Arise…
…According to her, Nigeria is not out of the woods as poverty remained widespread and the cost of living continues to rise. "The only thing that, as I said at the beginning, we can give to them is that they are getting a handle on macroeconomic stability. So, for example, the volatility we have with foreign exchange rat…