economic policy
FG confesses financial crisis in foreign missions, vows bold reforms
The Federal Government has publicly acknowledged the ongoing financial and operational difficulties confronting several Nigerian diplomatic and consular missions abroad. These challenges, the Ministry of Foreign Affairs confirmed, are largely due to budgetary constraints, foreign exchange fluctuations, and structural inefficiencies in mission funding. In a statement released on Monday, Ministry spokesperson Kimiebi Ebienfa admitted that […]
Peter Obi Slams Tinubu’s ‘Haphazard’ Fuel Subsidy Removal, Naira Float Policy
Labour Party’s 2023 presidential candidate, Peter Obi, has strongly criticized the President Bola Tinubu-led administration over what he described as the “haphazard implementation” of crucial economic reforms, including the removal of fuel subsidy and the floating of the naira. Speaking in an interview on Arise Television on Monday, Obi stressed that while the policies themselves […]