Nigeria’s poor and their helpers have always complained that while the rich are getting richer, the poor are getting. But in the present economic crisis this country is facing, it is not only the poor that are getting poorer, but also the rich. Consider the fact that things were not this bad last year, and…… Continue reading Nigeria’s Poor Getting Poorer: Why The Rich Should Be Concerned This Time Around
Category: Economy
Nigeria’s China Gains: 5 Kinds Of People Buhari Must Avoid
President Muhammadu Buhari’s weeklong trip to China has yielded bountiful baskets of fruit so far. For instance, China has made available $15 million for the establishment of 50 demonstration farms accross the country. Furhermore, the Middle Kingdom has increased the number  of Nigerian students it takes for schorlaship from 100 to 700 every year. It…… Continue reading Nigeria’s China Gains: 5 Kinds Of People Buhari Must Avoid
Sokoto State’s agricultural pact with Henan Province, China: a promising seed
It looks like the Sokoto State Government has got something to show for Governor Tambuwal’s visit to China accompanying President Buhari. This is because the state government has just signed an agreement with Henan Province that will see the Chinese province establish a demonstration farm in Sokoto (if the agreement is fully implemented). Henan Province are…… Continue reading Sokoto State’s agricultural pact with Henan Province, China: a promising seed
How private sector salary earners can survive Nigeria’s current economic crisis
The current economic crisis in Nigeria is a very real one. It is a crisis that not just threatens to make the poor poorer, it also threatens to make the rich and the so-called middle class poor. For instance, Africa’s richest man, our own Aliko Dangote, lost N1 trillion (and that was last year o). Today, lots…… Continue reading How private sector salary earners can survive Nigeria’s current economic crisis
China to wire Nigeria some billion$ next week -the Chinese are our friends indeed!
China is about to grant a loan of billions of dollars to the Nigerian Government to help it finance some infrastructure projects. This is coming at a time when the price of crude oil – which the Nigerian government has depended on to finance its budget for decades – is suffering a terrible crash that…… Continue reading China to wire Nigeria some billion$ next week -the Chinese are our friends indeed!