• Nigeria’s economic crisis affecting other African nations – Benin President

    Nigeria’s economic crisis affecting other African nations – Benin President

    The Benin Republic President, Patrick Talon, on Tuesday confessed that the downturn in the Nigerian economy is adversely affecting his country and other African countries.

    Describing Nigeria as the engine room of West Africa, Talon urged the country to explore its non-oil sectors to increase its revenue profile being reduced by falling oil prices in the international market.

    Talon, who is on a one day state visit to Nigeria, spoke during a joint press briefing with President Muhammadu Buhari at the Presidential […]

  • Nigeria’s economic problems will end when FG stops giving bail-out funds to state governments, says Afenifere

    Nigeria’s economic problems will end when FG stops giving bail-out funds to state governments, says Afenifere

    The pan Yoruba socio-political group, Afenifere, has called on the Federal Government to stop issuing bail-out funds to state governments, canvassing a second look at the revenue allocation formula.

    Afenifere, in a communiqué by its spokesman, Yinka Odumakin, maintained that a restructuring of the existing system of governance is the only solution to the current economic crises bedeviling the country.

    The communiqué was read yesterday by Odumakin at the end of the group’s monthly meeting in Akure, the Ondo State capital.

    According to […]