Economic hardship: South-East traders lament low patronage, high costs
…Residents demand government intervention as traders seek grants, lower levies By Ugochukwu Alaribe, Chinedu Adonu, Vincent Ujumadu, Jeff Agbodo, Chimaobi Nwaiwu and Emma Iheaka UMUAHIA — Residents and traders across the South-East have lamented the rising cost of goods and services, declining consumer purchasing power and worsening business conditions, urging the Federal Government to introduce […]
Subsidy probe scandal: Gauging the impact on the petroleum industry
It all started with the New Year day announcement of subsidy withdrawal by the Federal Government and the resultant crises that shook the oil and gas industry and the entire country.
Nigerians lament high rate of corruption
In my own view, corruption scandals in Nigeria have reached an alarming proportion.A national daily recently reported how Nigeria has become a butt of practical jokes among diplomats from US and G-7 countries at a conference in New Orleans.
No end yet to the $3m subsidy bribery scandal
When the story was broken that the Chairman of the House of Representatives Committee which investigated the fuel subsidy management, Mr. Farouk Lawan collected bribes in US dollars with $620,000 paid to him by oil magnate, Femi Otedola as part payment of the $3 million agreed on by both parties, the nation was shocked.
Tackling the perennial challenges of minimum wage saga
THE International Labour Organization, ILO, defines “Minimum wage as a wage which provides a floor to the wage structure in order to protect workers at the bottom of the wage distribution.” The ILO further points out that minimum wages are a nearly universal policy instrument that applies in more than 90 percent of International Labour Organization member states, including Nigeria.
The industry called Nollywood
IN the beginning: The story of Nigeria’s Nollywood is like Ben Okri’s “river” in his novel, The Famished Road, “which becomes a road and branches out to the world.”
