Former President Obasanjo warns that those benefiting from Nigeria’s fuel importation industry might frustrate the Dangote Refinery’s success, urging broader economic reforms.
Nigerian economy
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CAN defends the right to protest but urges Nigerians to give President Tinubu more time to address grievances.
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Senator Orji Kalu appeals for patience, urging Nigerians to delay protests and give President Bola Tinubu more time to address the nation’s economic challenges.
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The Oba of Benin, Ewuare II, appeals for the postponement of the nationwide protest scheduled for August 1, 2024, to allow the Federal Government time to implement economic strategies.
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Femi Otedola urges Nigerians and the government to support Aliko Dangote, emphasizing his pivotal role in the nation’s economic development and infrastructure growth.
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Nigeria’s inflation remains high at 34.19%, with the CBN contemplating another interest rate hike as food inflation and economic pressures persist.
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The Dangote Refinery is set to commence petrol production in August, following the resolution of crude supply issues, marking a significant milestone for Nigeria’s oil sector.
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The Nigerian naira plummets to a record low of N1507.83 to the dollar, highlighting economic challenges and sparking concerns over inflation and cost of living.
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Nigerians celebrate Sallah amid economic hardship and rising food prices, with many families finding ways to keep the festive spirit alive through community support and prayer.
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President Tinubu’s first year marked by economic hardships and insecurity, with reforms failing to deliver promised benefits and citizens left struggling.
