NDIC strengthens procurement capacity amid banking-sector reforms

By Babajide Komolafe & Onome Onyeme The Nigeria Deposit Insurance Corporation (NDIC) has strengthened its procurement capacity as part of efforts to enhance efficiency, transparency and accountability in the discharge of its mandate amid ongoing reforms in the banking sector. The Managing Director/Chief Executive Officer of NDIC, Mr. Thompson Oludare Sunday, stated this in Lagos at […]
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Presidency, Atiku bicker over subsidy removal

ABUJA—Former Vice President Atiku Abubakar has declared that no amount of resistance from President Bola Tinubu or “millions of his gang of economic jesters” could stop him from restoring a targeted fuel subsidy to Nigerians, accusing the administration of dressing up subsidy removal as reform while quietly extending fiscal concessions to oil investors.

Fuel subsidy: Return to old regime will worsen economic crisis — Min of Information, Idris

The Minister of Information and National Orientation, Mohammed Idris, has warned that any attempt to restore fuel subsidy would reverse the economic gains recorded since the removal of the subsidy by the administration of President Bola Tinubu. Idris said the return of subsidy would recreate the fiscal pressures, distortions, fuel scarcity and incentives for arbitrage […]

Hardship: TUC demands decent jobs, fair distribution of wealth

By Victor Ahiuma-Young LAGOS: The Trade Union Congress of Nigeria, TUC, has called on the Federal Government, employers and other stakeholders to implement reforms that will create decent jobs, protect workers and ensure a fairer distribution of Nigeria’s wealth. The TUC Secretary-General, Nuhu Toro, made the call at the closing ceremony of the 2026 Petroleum […]

Atiku’s father of subsidy removal in Nigeria —Olawepo-Hashim

The presidential candidate of Accord Party, Dr. Gbenga Olawepo-Hashim, has described former Vice President Atiku Abubakar as the “father of subsidy removal” in Nigeria’s Fourth Republic, saying his recent reversal on fuel subsidy removal deserved an explanation and an apology to Nigerians.

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