Inflation rate falls to 15.99% in October, lowest in 10 months

November 15, 2021 Blessing Anaro 0

Nigeria’s inflation rate, the average change in prices of goods and services for the month of October 2021 dropped further to 15.99 per cent from 16.63 per cent recorded in September 2021. This is according to the recently released Consumer Price Index report, released by the National Bureau of Statistics (NBS). Similarly, the composite food index dropped by 1.23 per Read More

Anambra: Obiano presents 2022 budget Of N141.9bn amidst insecurity, political instability

October 14, 2021 Okechukwu Onuegbu 0

Governor Willie Obiano of Anambra state, Thursday, presented a budget estimate of N141. 9 billion for the 2022 fiscal year to the State House of Assembly. The budget, Blueprint reports is a bit less compared to the 2021 appropriation which was hinged at 143.65 billion. The governor explained that the draft estimate was based on realistic projections on all sources of revenue, Read More

Nigeria will continue to borrow, unless…

October 7, 2021 Mon-Charles Egbo 0

Every economic index is a pointer that Nigeria is on the brink, ignobly sliding into the class of nations where self-sufficiency has become a mirage. Yet and despite the hues and cries over the steady rise in her public debt profile, there is no sign that the borrowing tendencies of the federal government will abate anytime soon.  Even the grim Read More

Mitigating the dangers of flooding in FCT

September 23, 2021 Danladi Akilu 0

Flooding disasters are very serious problems for the communities that experience their devastating effects. The America, Asia and even Europe recently came under the destructive force of this disaster which left in its wake the destruction of lives and properties as well as damages to public infrastructure. The disaster underscored with stunning clarity how vulnerable even the advanced worlds are Read More