Nigeria's chemical and non-metallic products sector faces a severe downturn, with over 50 firms shutting down or running at low capacity, resulting in around 100,000 job losses. The crisis is driven by high energy costs, inflation, and unstable exchange rates. Urgent government intervention is...
Innoson Motors CEO Innocent Chukwuma urges Nigerians to support President Bola Tinubu's administration despite economic challenges. Addressing ongoing protests, Chukwuma emphasizes patience and highlights the government's focus on CNG vehicles, promising that Innoson’s innovations will soon...
The Nigerian Federal Government has released ₦570 billion in grants to states to address economic hardship and hunger. President Bola Tinubu reported a revenue increase to ₦9.1 trillion and introduced a Compressed Natural Gas (CNG) Initiative to cut fuel costs, aiming to reduce inflation and...
Ooni of Ife, Oba Adeyeye Ogunwusi, urges youths to allow more time for the Federal Government to address Nigeria’s economic crisis, citing global inflation. He supports peaceful protests but warns against property damage, emphasizing that hardship is a global issue and protests should avoid...
Former Nigerian Minister Adebayo Shittu has declared the upcoming #EndBadGovernance protests as treasonous and punishable by death. Scheduled from August 1-10, the protests aim to challenge President Tinubu’s economic policies amid rising hardship. Shittu’s comments highlight the increasing...
Vice-President Kashim Shettima has recently addressed Nigeria's economic challenges, attributing them to the policies of the previous administration under President Muhammadu Buhari. Speaking at the 2nd Chronicle Roundtable in Abuja, Shettima emphasized that the economic crisis inherited by...
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