Nigeria wouldn’t have this current cost of living crisis if previous governments had implemented the Maputo Declaration signed by President Obasanjo in 2003. Over to you Jagaban

 

Ayo Akinfe

[1] I hope President Bola Tinubu is aware that in 2003, President Olusegun Obasanjo signed the Maputo Declaration compelling the federal and 36 state governors to spending 10% of their annual budgets on agricultural projects?

[2] Designed to combat unemployment, guarantee food security and ensure no African nation is wholly dependent on one commodity, the Maputo Declaration was supposed to represent a commitment to economic diversification

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Zamfara officials stop 50 trucks laden with assorted grains heading for Niger Republic

MEN of the Zamfara State Transport Agency (Zarto) have stopped 50 trucks conveying foodstuffs out of the country to neighbouring Niger Republic as part of a clampdown on traders seeking to exploit the ongoing scarcity across the country.

 

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Nigeria's economic crunch could get worse as government considers scrapping electricity subsidy

NIGERIA'S ingoing economic crisis characterised by soaring inflation could get worse as the federal government is considering scrapping electricity subsidies over the coming days to shore up its dwindling finances.

 

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Nigeria's planned friendly against Argentina in March rescheduled to take place in the US

NIGERIA'S planned friendly against Argentina that was due to take place at China's Olympics Sports Centre in Hangzhouom between March 18  and 26 looks to have now been rescheduled to take place in the US.

 

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10 things President Tinubu needs to do this week to combat the runaway inflation that is currently ravaging Nigeria

Ayo Akinfe

[1] Create a Presidential Anti-Inflationary Directorate (Paid) headed by a leading economist like Lamidi Sanusi, Arunma Oteh, Emmanuel Nnadozie, Obiageli Ezekwesili, etc

[2] Ringfence certain staples like gari, rice, pepper, tomatoes, onions, yam, cooking oil, cassava, etc. Put them on what should be termed the Exclusive Food List (EFL)

[3] Place the distribution of all items on the EFL under the control of Paid

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Brazilian president looks to introduce direct flights to Nigeria in a bid to boost trade

PRESIDENT Luiz Inácio Lula da Silva of Brazil has offered to strengthen his country's economic ties with Nigeria with plans that include introducing direct flights in a bid to bring the volume of trade between both nations back up to the $10bn figure at which it once stood.

 

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Catholic Bishops Conference of Nigeria blames subsidy removal for current inflation

PRESIDENT Tinubu's policies have been blamed for the current economic crisis in the country by the Catholic Bishops Conference of Nigeria (CBCN) which asserts that the administration's reforms are responsible for today's runaway inflation.

 

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Super Eagles are the world's 10th most expensive national team with a net value of over €450m

NIGERIA'S Super Eagles have been valued as the 10th most expensive national team in the world with a net worth of at €451.6m in a recent global evaluation that put them up there alongside the big sides of Europe and South America.

 

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I am yet to see President Tinubu's Niger Delta development plan so would suggest he puts together a programme that looks something like this

Ayo Akinfe

[1] From henceforth, the Nigerian Delta Development Corporation (NDDC) will become a quasi-government body with 50% of its directors coming from the private sector

[2] The NDDC will have 10 public sector directors, one from each of its nine member states and one representing the federal government. They will sit on the board along with the 10 private sector directors

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Organised labour and federal government make headway over N1m minimum wage demand

NIGERIAN trade unions and the federal government have made some progress in their talks about resolving the ongoing cost of living crisis wracking the country at the moment after organised labour agreed to lower its demand for a national minimum wage of N1m ($670).

 

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