Day: June 10, 2024

Governors Spend Billions On Cars For Lawmakers

Many state governors have spent billions of naira to purchase exotic vehicles of different foreign brands for members of the state houses of assembly despite the economic downturn in the country, Daily Trust can report. Analyses by Daily Trust indicated that nine states have expended over N15bn on different brands of vehicles mostly for lawmakers in the current political […]

Lagos Set To Unveil 20 Roads, Bridges

Lagos State government yesterday disclosed that it has concluded plans to unveil about 20 road projects and some bridges across the various parts of the state. The special adviser to Lagos State governor on Infrastructure, Engineer Olufemi Daramola revealed this when he led the technical team to the Office of Infrastructure to inspect some of […]

Rising transportation cost causing commodity price inflation — Experts

Experts have blamed the rising cost of commodities in the market on the high cost of transporting goods from one point to another in Nigeria. The country depends largely on land transport for haulage services, thereby being greatly affected by the removal of fuel subsidies. Speaking to the Nigerian Tribune, Paul Kyan, a transporter who […]

Experts see danger around minimum wage battle

LAGOS — Industry experts and financial analysts have noted that the economy is on a tough road to recovery and that the minimum wage agitation and return of fuel subsidy will further complicate the process and prospect of early recovery. This is even as Organised Labour Weekend said President Bola Tinubu and the National Assembly, […]

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