The lack of coordination between the nation’s fiscal and monetary authorities has become manifest as the Central Bank of Nigeria, CBN, yesterday, refused to cut interest rate, as suggested by the Minister of Finance, Mrs. Kemi Adeosun.

President Muhammadu Buhari, yesterday, said the Federal Government was considering fast-tracking the solutions to engender a rebound in the country’s economic fortunes.

Governor of the Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, and managers of the nation’s economy, Senator Udoma Udo Udoma, Minister of Budget and Planning; and Mrs. Kemi Adeosun, Minister of Finance, yesterday, said the nation’s economic crisis will soon come to an end, insisting that “the worst is over.”

Alarmed by the dwindling fortunes of Nigeria, President Muhammadu Buhari, yesterday, brainstormed with his key ministers and financial experts from the public and private sectors, to find ways of fixing the troubled economy

The Emir of Kano, Muhammad Sanusi II, has called on the Federal Government to seek the advice of economic experts in tackling the current economic crisis in the country.

A United Nations, agency, Food and Agricultural Organisation, FAO, and private sector institutions in the country predicted, yesterday, that inflationary pressures may still be on the nation’s economy through to the end of the year, contrary to some indicators, which pointed to a waning cost-push consumer price increases.

Some members of the House of Representatives, yesterday, advised security agencies to conclude investigations before smearing the image of Nigerians in the media.

The Senate President, Dr Abubakar Bukola Saraki, said in Ilorin, yesterday, that the Federal Government, led by All Progressives Congress, APC, has no excuse not to fix the nation’s ailing economy.

A development that may rock the relationship between the Nigerian Army and the Federal Capital Development Administration, FCDA, is building up and may crystallise into a show of force or legal tussle.

THE fog of uncertainty beclouding conduct of the Edo State governorship election has cleared. The Independent National Electoral Commission, INEC, last night, yielded to security advice and postponed the election to Wednesday, September 28, 2016.

The Department of State Services, DSS, and the Nigeria Police, yesterday called for the postponement of the Edo State governorship election scheduled for Saturdayelection on the basis of feared attacks by unknown insurgents and terrorists during next week’s Sallah break. Sequel to the call, confusion, yesterday, enveloped plans for the polls.

Pentecostal Bishops Forum, yesterday, told President Muhammadu Buhari that there was hunger in the land.
The clerics made their feelings known after a closed door meeting with Vice President Yemi Osinbajo at the Presidential Villa, Abuja. Their cry came as President Buhari, at the campaign of All Progressives Congress, APC, governorship election rally in Benin City, Edo State, assured Nigerians that the nation’s economy would soon get out of its current doldrums, even as Vice President Osinbajo blamed the country’s economic quagmire on bad governance and corruption of past leaderships.

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, and Group Managing Director of Nigerian National Petroleum Corporation, NNPC, Maikanti Baru, said, yesterday, there was no plan by the Federal Government to hike the price of Premium Motor Spirit, PMS, otherwise known as petrol.

Against the background of the N1.6 trillion allocated to the National Assembly since the advent of democratic rule in 1999, Nigerians from different quarters are asking for constitutional amendments to compel members of the National Assembly to serve on part time basis.

AS economic hardship in Nigeria bites harder, President Muhammadu Buhari, yesterday, reminded Nigerians that he was committed to his change agenda, but that such economic change cannot be achieved on a bed of roses.