Road Projects Drag As Forex Hike Raises Bitumen Price By 150%
A steep rise in bitumen prices, driven by foreign exchange (forex) volatility, has stalled numerous road construction projects across Nigeria, with some sites facing complete suspension. Reports show that bitumen…
Ribadu, Remi Tinubu To Lead National Prayer For Economic Recovery
The National Security Adviser, Nuhu Ribadu, and the First Lady, Senator Oluremi Tinubu, will be leading a national prayer for Nigeria’s economic recovery. This announcement was made by Chief Segun…
Affordable Housing Scarcity in Abuja Pushes Low-Income Nigerians into Slum Living
The rising cost of housing in Abuja is forcing low-income residents into overcrowded slums, with limited access to basic amenities and infrastructure. As Nigeria's capital city expands, the demand for…
Stagnant labor incomes drive 14 million more Nigerians into poverty – World Bank
Stagnant labor incomes have pushed an estimated 14 million more Nigerians into poverty in 2024. This is according to the World Bank report titled Macro Poverty Outlook: Country-by-Country Analysis and…
BREAKING: Tinubu orders release of all minors arrested over #EndBadGovernance protest
President Bola Tinubu has ordered release of all minors arrested and detained over #EndBadGovernance protest. Minister of Information and National Orientation, Mohammed Idris, disclosed this while briefing State House correspondents,…
Protest Erupts in Abuja as Nigerians Decry Fuel Scarcity, Economic Hardship
On Monday, waves of frustrated Nigerians flooded the streets of Abuja, launching a large-scale protest over soaring fuel prices, severe fuel shortages, and escalating economic hardships. Led by Abdullahi Bilal…
FG Allocates N18 Billion for Property Compensation on Lagos-Calabar Coastal Highway
The Federal Government has earmarked N18 billion for compensating property owners affected by the construction of Section 1 of the Lagos-Calabar coastal highway, Minister of Works David Umahi announced on…
Flood Displaces Thousands in Bayelsa Communities
Thousands of residents in various Bayelsa communities have been displaced from their homes due to severe flooding, with many seeking refuge on bridges, roads, and makeshift camps. The victims have…
Frustration Grows as AEDC Customers Face Continued Token Purchase Issues
Electricity customers using prepaid meters under the Abuja Electricity Distribution Company (AEDC) are expressing increasing frustration over their inability to purchase electricity units to recharge their meters. On October 29,…
Lagos State Govt Seals Off Charterhouse Property Over Illegal Wetland Reclamation
The Lagos State Government has taken decisive action by sealing off the property of Messrs Charterhouse located in the Ogombo area of Eti Osa Local Government Area, citing alleged illegal…