Which way out of this recession?
NIGERIA is in a recession. It is commonly agreed that we did not get here by sprint. Rather, the journey was more of a long distance race in which every manager of the economy, past and present, is guilty as charged.
Ajimobi stops funding of tertiary institutions in Oyo
Ibadan—GOVERNOR Abiola Ajimobi of Oyo State has stopped government subventions to all seven tertiary institutions in the state including the Ladoke Akintola University of Technology, Ogbomoso which is jointly owned by the state and Osun.
Tourism is the new oil – Lai Mohammed
lagos—Despite the current economic recession, Nigeria’s future is bright, as the country diversifies its economy away from oil, the Minister of Information and Culture, Alhaji Lai Mohammed, said, yesterday, in Lagos.
MTN Nigeria denies repatriating $13.9bn
MTN Nigeria, yesterday, denied allegations that it had illegally repatriated $13.92 billion from Nigeria saying the claim was without merit.
Recession: Archbishop kicks against sale of national assets
lagos—CATHOLIC Archbishop of Lagos, Most Rev. Alfred Adewale Martins, has kicked against the proposal to sell some national assets in a bid to revive the economy saying such steps would be counter-product.
Ex-perm secs, accountants, cashier arrested in Benue over N107bn loot
MAKURDI—TWO retired permanent secretaries, six accountants and cashier in Benue State have been arrested by security operatives for their alleged involvement in looting N107 billion from the state treasury during the last administration.
