Day: February 17, 2024

Kosofe leaders vow to support govt in curbing economic hardship

Leaders from the Kosofe Federal Constituency have agreed to lend their support to citizens within the constituency to cushion the effect of the biting economic hardship being faced by the people. This is one of the outcomes of the stakeholders’ meeting convened on Thursday at the instance of the Lagos East Senatorial district GAC leader, […]

Harsh Economy: Business Operators Lament Mass SMEs Collapse

Operators in the Micro, Small and Medium Enterprises (MSMEs) are fuming over the harsh economic scenario in the country that is leading to the death of many Small and Medium Enterprises(SMEs) in recent times. Price shocks, unavailability of raw material, exchange rate volatility and lack of awareness about mechanisms to manage unpredictable markets, the FX […]

Power Sector Privatisation: DisCos Reeling Under N3trn Debt 10 Years After

The Nigeria electricity sector has grappled with a delusive perception of a brighter power industry following the 2013 privatisation exercise. The sector is currently grappling with an inherited debt crisis of over N3 trillion. Although the federal government is working to address the issue by settling existing sectoral debt obligations and improving liquidity in the […]

FG toughens border surveillance as Labour declares two-day protest

The Nigeria Customs Service, Nigeria Immigration Service, Department of State Services and the Economic and Financial Crimes Commission have begun a clampdown on smugglers and hoarders of food items nationwide by escalating border surveillance, Saturday PUNCH has learnt. This is coming after the Organised Labour declared a two-day protest against the current economic hardship in the country. […]

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