News
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”Nigeria is benefiting from the dollar-to-naira hike. The budget is a dollarized budget” – Ali Ndume
Senator Ali Ndume has asserted that the Nigerian government is not at a loss due to the depreciation of the naira against the dollar; rather, it stands to gain increased revenue to support its 2024 budget. During an interview on Channels TV, Ndume expressed his view that the 2024 budget, presented by President Bola Ahmed Tinubu in November, operates on a “dollarized” income basis. He explained that since a significant portion of the government’s revenue is generated from crude oil exports, priced in dollars, the budget essentially relies on dollar-denominated income. Consequently, as the value of the dollar rises, the…
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State Governors received N30bn to address food shortage – Akpabio reveals
The Senate President, Godswill Akpabio, has revealed that an additional N30 billion has been allocated to each state governor to tackle the issues of food scarcity and the hardships facing Nigerians. Akpabio emphasized the importance of each state effectively utilizing the funds to ensure food is available Speaking on the floor of the senate, Akapbio said: “I must say that unverified report has it that each of the state government in the last few months received additional N30 billion from Federal Inland Revenue Service, outside their normal allocation from the federation account to assist them in ameliorating the food situation.…
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Nigeria will not fall because we are the true giant of Africa – Information Minister, Mohammed Idris
Mohammed Idris, the Minister of Information and National Orientation, emphasized that despite the escalating challenges faced by the nation, Nigeria will endure as the Giant of Africa. Speaking at a Public Relations conference in Minna, Niger State, on Tuesday, February 20, the minister, represented by Jibrin Ndace, Director General of the Voice of Nigeria (VON), conveyed hope for Nigeria’s resilience. The Minister said; His Excellency Ahmed Bola Tinubu, GCFR, President, Federal Republic of Nigeria, is highly committed to lead us to the Nigeria we want with a sincere purpose and focus on the values of the Nigeria Constitution. In the last…
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Ban the use of Dollar for trade both locally and internationally – Daniel Bwala tells Tinubu
Daniel Bwala, a former spokesperson for the Atiku-Okowa 2023 Presidential Campaign Council, has proposed a bold strategy for President Bola Tinubu to expose individuals hoarding dollars in Nigeria. Bwala recommended that Tinubu issue an Executive Order, giving a 30-day ultimatum to prohibit the use of the dollar for trading, both domestically and internationally. He urged Tinubu to take decisive actions to address the exchange rate dilemma. Posting on X, Bwala wrote: “A more radical approach to smoking out the dollar from where ever speculators and hoarders are hiding them is for @officialABA to sign an Executive Order giving 30 days…
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Pray for Naira, you will see miracles – Shehu Sani tells Christians and Muslims
Former legislator and social commentator Shehu Sani has urged Nigerian Muslims and Christians to pray for a miraculous intervention. On Wednesday, through his X handle, Sani recommended that followers of both faiths fast if the miracle does not materialize within seven days. He said, “Muslims should pray for Naira this coming Friday. Christians should pray for Naira on Sunday. You will see miracle on Monday. If you don’t see it, fast for 7 days. If you still don’t see miracle, it means even miracle hath left thee because of thy sins.” The Naira dropped to N1,740.00 per US Dollar on…
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I dare say it was out of spite that you supported and campaigned for such an individual – DJ Switch slams Seyi Law
DJ Switch has criticized comedian Seyi Law, who, in a recent post shared on X on February 20, stated that his support for President Tinubu during the 2023 elections was not driven by spite, but rather by a genuine belief that Tinubu could lead Nigeria to a better future. In response to Seyi Law’s post, DJ Switch asserted that regardless of Seyi’s intentions, his support and advocacy for the President were motivated by a desire to undermine a particular ethnic group. ‘’The only thing I will give to you is that you are not hiding behind closed doors like some…
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Please exercise a little more patience. Everything will be alright – Tinubu’s daughter, Alhaja Folashade tells Nigerians
Alhaja Folashade Tinubu-Ojo, the daughter of President Bola Tinubu, has appealed to Nigerians for patience regarding her father’s handling of the severe economic challenges in the country. Addressing reporters after an event at the National Stadium in Surulere on Sunday, February 18, 2024, the Iyaloja General of Lagos State emphasized the importance of maintaining hope. She underscored that the economic downturn is a global issue, affecting not only Nigeria but numerous other nations as well. Tinubu-Ojo urged Nigerians to remain resilient in the face of these challenges. “My message to all Nigerians is to please exercise a little more patience.…
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Cursing President Tinubu and those in power will not solve anything. Learn to pray for them -Primate Ayodele tells Nigerians
Primate Elijah Ayodele, the leader of INRI Evangelical Spiritual Church, emphasized on Tuesday the importance of refraining from cursing and protesting against President Bola Tinubu amid the economic challenges facing Nigeria. Instead, he urged Nigerians to direct their efforts towards prayer for Tinubu and his ministers, noting their apparent confusion regarding the country’s current situation. In a statement released by his media aide, Osho Oluwatosin, Primate Ayodele warned of a potential economic shutdown within the next two weeks if the ongoing crisis remains unresolved. He emphasized the necessity of organizing prayers for leaders rather than resorting to curses and protests,…
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There is no possibility of blessing same-sex couples or same-sex unions in the Church in Africa – Nigerian Bishops tell the pope
Catholic Bishops in Nigeria have restated their stance regarding the blessing of same-sex couples. They emphasized that the Pope’s position could be interpreted as supporting same-sex marriage, but they firmly declared that such unions would not be sanctioned in Nigeria. Most Rev. Lucius Iwejuru Ugorji delivered this message during the formal commencement of the 2024 First Plenary Assembly of the CBCN on Sunday, Feb. 18, held at the Catholic Secretariat of Nigeria in Abuja. Rev. Ugorji remarked that while statements from the Holy See should ideally promote unity and harmony concerning matters of doctrine, morals, and liturgy, unfortunately, the Fiducia…
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If another election was held tomorrow, I would still vote Tinubu – Seyi law
Nigerian actor and comedian, Oluwaseyitan Aletile, professionally known as Seyi Law, has expressed his unwavering support for President Bola Tinubu, stating that even in the face of economic challenges in the country, he would cast his vote for Tinubu if a new election were held tomorrow. He drew a parallel between the current economic difficulties in Nigeria and the biblical narrative of the Israelites’ journey through the wilderness, emphasizing his preference for enduring hardship with a leader like “a Moses guiding through the wilderness to Canaan,” rather than enjoying temporary comforts while sacrificing his children’s future in Egypt. In a…
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Labour declares nationwide mass protest beginning on Feb 27th over economic hardship
The leadership of Nigeria Labour Congress (NLC) has declared a two-day nationwide mass protest for February 27 and 28, 2024. NLC President, Joe Ajaero disclosed this on Friday February 16, during an ongoing press conference at Labour House, Abuja. The protest was declared to press the demands on the current economic hardship being faced by Nigerians.
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Hardship: Borno Governor declares ONE day fasting and prayer session
Borno State Governor, Babagana Zulum has urged citizens of the state to fast and offer special prayers as done in the past for divine intervention over the current hardship caused by inflation. Zulum in his broadcast to the people of the state implored traditional rulers, clerics and citizens to observe a one-day voluntary fast on Monday, 19, February, 2024, for peace, prosperity and the development of the state. “I am deeply troubled by the recent hardships faced by our citizens, particularly the high cost of food items. I understand the burden that this places on families and individuals, and I…
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