Nigeria loses 100 kilogrammes of gold every day to illegal gold mining. So says Minister of Solid Minerals Development, Kayode Fayemi. According to him, part of the reason for this is that members of the security agencies don’t know how a lot of the solid minerals look like, so they would have difficulty recognizing them.…… Continue reading Stopping the smuggling of Nigerian gold
Category: Economy
Why is the US trying to force Nigeria to devalue the Dollar? Wetin concern US on top this matter?
In Nigeria we have a saying,’Drinking panadol for another person’s headache. That is what came to mind when I read on Reuters that the US says it will press Nigeria this week to devalue the Naira. I was like, ‘Has Nigeria become the 51st state of the United States?’ There must be something for them to…… Continue reading Why is the US trying to force Nigeria to devalue the Dollar? Wetin concern US on top this matter?
Buhari blames Jonathan for Nigeria’s economic disaster
As he lists steps government will take to pick up the broken pieces.
70 million Nigerians can no longer afford fish, screams The Economist
As it attacks Buhari over worsening economic situation in Nigeria.
Time to legalise illegal mini petrol refineries in the South East and South South
Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has come out to say that at the moment, importing petrol, is cheaper than producing the product in the country’s refineries. Not only that, he also said that even if Nigeria’s 4 official refineries were working at 100% capacity, they would only be able to supply…… Continue reading Time to legalise illegal mini petrol refineries in the South East and South South