Nigeria’s solid minerals sector attracted over $800 million in processing projects in 2024. It also generated over N38 billion in revenue in 2024, up from just N6 billion the previous year, despite receiving only 18 per cent of its N29 billion budgeted allocation. The Minister of Solid Minerals Development, Dr Dele Alake, revealed this during a feature interview for an …

President Bola Tinubu on Tuesday said his administration remained committed to sustainable growth through the effective implementation of ongoing economic reforms. The President made the remark at a meeting with Chinese President, Xi Jinping, in Beijing, China, said his spokesman, Ajuri Ngelale, in a statement. “We believe that President Xi has demonstrably reformed the Chinese economy, and our reform programme …

Decades back, in those giddy days of military rule, David Mark, one of the top military brass, was reported as saying that telephones are not for the poor. Mark was the Minister of Communications whose duty was to make telephones available , accessible and affordable for all. He failed and to mask his failure, he blurted out the embarrassingly outrageous …

When President Bola Ahmed Tinubu was sworn in on 29th May 2023, he made far-reaching statements regarding his economic vision for Nigeria. Two policy statements stood out in this regard. First, he announced an immediate end to the petrol subsidy regime, because it could no longer justify its ever-increasing costs in the wake of dwindling resources. He also made a …