…Chairman of BUA Group, Abdul Samad Rabiu, has credited President Bola Tinubu’s economic reforms with improving investor confidence, but said Nigeria must urgently expand its industrial base to translate the changes into jobs, production and better living standards. Rabiu said Nigeria needed at least 100 more indigenous…
…and restructuring of the leadership of the NSCDC in order to carry out the desired reforms,” he said. It also called for reforms in recruitment, appointments, promotions, discipline, deployment, intelligence gathering, supervision and reporting structures. The chairman said the investigation had established the essenti…
…and eventual death of the miners The committee equally recommended institutional reforms for the Nigeria Security and Civil Defence Corps in order to strengthen the leadership of the corps.Make PUNCH part of your everyday experience.Add us to your Preferred Sources The Minister of Interior, who received the report, pro…
…cultivation, sugar refining, ethanol production and electricity generation. On economic reforms, he acknowledged that the removal of petrol subsidy, foreign exchange liberalisation and other government policies had imposed significant costs on households and businesses. However, he maintained that improvements in forei…
…among stakeholders over the performance of Nigeria’s three-and-a-half-year-old economic reforms, the Nigerian Economic Summit Group (NESG) has declared that the reforms have so far delivered a mixed bag of outcomes, with negative gaps far outweighing the positives. Welcoming an array of Nigerian business elites at the…
…Nigeria’s decades-long story of economic under-performance through far-reaching reforms designed to dismantle structural barriers, unlock the nation’s enormous potential and deliver jobs, productivity and shared prosperity. He also said the administration is currently undertaking what it came into office to achieve — r…
…workers cannot afford the journey to work, and his government calls their suffering reform.“How did Tinubu graduate before the school he attended was established,” Atiku’s camp asked.The statement comes after Shettima defended Tinubu saying his certificate issue is not important.Atiku's camp said Nigerians deserve to k…
…proposals to restore petrol subsidy in Nigeria, warning against reversing economic reforms introduced by President Bola Tinubu. Shettima, who also represented Tinubu at the 32nd Nigerian Economic Summit in Abuja on Monday, questioned the economic judgment of a leading presidential aspirant advocating the restoration of…
…or returning from abroad more attractive. Tinubu said the government was pursuing reforms to improve healthcare infrastructure, expand health insurance coverage and strengthen primary healthcare delivery. “We firmly believe that quality healthcare is not a privilege reserved for a few, but a fundamental right that shou…
…Nigerians. “Our President has done a lot in the health sector and is working on more reforms that will provide affordable healthcare for Nigerians,” she said. She explained that pregnant women in selected hospitals across the country were benefiting from free maternal healthcare services, including delivery, Caesarean…
…deportation list featuring 124 Nigerians amid President Donald Trump's immigration reforms. According to the Department of Homeland Security (DHS), these individuals have been placed on what it calls its “worst-of-the-worst” criminal register.While the names and photos have been made public, the timeline for deportatio…
…of ordinary Nigerians," Agbese declared. "She knows there is no fuel tax in the tax reform laws, yet she continues to package falsehoods as fact just to frighten the people and position herself as some kind of saviour."He went further, saying: "For her to claim every Nigerian will lose 25 per cent of their earnings is…
…and inconsistent enforcement could erode public confidence in Nigeria’s ongoing tax reforms. He urged revenue authorities to protect taxpayers’ rights and ensure the implementation of the new tax laws did not impose unlawful burdens on individuals and businesses. Nwabueze spoke on Friday at a stakeholders’ engagement a…
…while promoting confidence in the economy.” “Recent years have witnessed significant reforms aimed at restoring macroeconomic stability, strengthening financial markets, enhancing transparency, deepening financial inclusion and positioning Nigeria for sustainable growth. These priorities align with the bank’s strategic…
…power and the implementation of wage-related agreements following recent economic reforms. Nigeria’s minimum wage was raised from N30,000 to N70,000 under the National Minimum Wage Act, 2024, after negotiations between the Federal Government, organised labour and other stakeholders. However, the unions’ latest demand f…
…in London, United Kingdom. He said the naira lost its value overnight due to economic reforms undertaken by the Tinubu administration in 2023. The statesman argued, “We do not live in isolation as a country. We interact with the rest of the world. And overnight, you devalue the currency by 300 per cent. The naira went…
…government institutions to ensure that the benefits of President Bola Tinubu’s economic reforms translate into better living conditions for Nigerians.Make PUNCH part of your everyday experience.Add us to your Preferred Sources He said the success of economic policies should be measured by their impact on people’s daily…
…that many Nigerians are yet to feel the benefits of the Federal Government’s economic reforms. He said the impact of macroeconomic stability must be reflected in household living conditions. Oyedele stated this on Wednesday while speaking at Chatham House in London, where he defended the removal of the petrol subsidy a…
…Government remains committed to practical solutions that advance electricity sector reform, encourage investment, protect consumers, and improve electricity service delivery throughout the state. “The Ministry assures the good people of Edo State that it will continue to engage the appropriate authorities and stakehold…
…power and the implementation of wage-related agreements following recent economic reforms. Nigeria’s minimum wage was increased from ₦30,000 to ₦70,000 under the National Minimum Wage Act, 2024, following negotiations involving the Federal Government, organised labour and other stakeholders. The unions’ renewed call fo…
…repayment tied to graduation and subsequent gainful employment. He also pointed to tax reforms designed to support small and medium-sized enterprises, noting that qualifying businesses could benefit from tax relief and exemptions under certain provisions. According to him, such measures could ease the financial burden…
…by 4.2 per cent in 2026 and 4.3 per cent in 2027, driven by continued foreign exchange reforms and strong performance in the non-oil sector. Analysts from Coronation Asset Management broadly backed these projections, pointing out that their internal estimate for 2027 annual average inflation sits very close to the mult…
…was carried out under the administration’s Presidential Power Sector Financial Reforms Programme. The presidential adviser also highlighted measures introduced since 2023 to encourage the adoption of liquefied petroleum gas for household cooking. She said the government had instituted import duty waivers and zero-rated…
…and the Executive Chairman of United Nigeria Airlines, Obiora Okonkwo, have called for reforms to align Nigeria’s education system with the country’s developmental needs and prepare graduates for life after school. They made the call on Tuesday in Ado Ekiti during the university’s convocation lecture, titled “Functiona…
…has linked such a possibility to capital flight and weaker investor confidence if reforms are reversed. These are plausible channels, but the specific exchange-rate projection requires evidence and clearly-stated assumptions. “The naira is influenced by foreign-exchange supply and demand, crude-oil receipts, domestic p…