Category: Economy
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Relief for Nigerians As Government Moves to Cut Down Price of Cooking Gas
By Abdulkareem Haruna In response to escalating domestic prices of Liquefied Petroleum Gas (LPG), also known as cooking gas, the Federal Government has initiated moves to stabilize supply and pricing of the product, signaling potential relief for consumers. Ekperikpe Ekpo, Minister of State for Petroleum Resources (Gas), has intervened as the cost of LPG per…
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VP Shettima Commissions UNIMAID’s ₦1 billion Innovation Center Donated by BUA CEO
By Abu Faisal Vice President of Nigeria, Kashim Shettima, commissioned a Centre for Innovation and Entrepreneurship on Saturday, November 18th. The learning complex, valued at one billion naira, was donated to the University of Maiduguri by Abdul Samad Rabiu, the chairman of BUA International Group. Named the Abdul Samad Rabiu (ASR) International Center for Innovation…
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Nigeria’s President Tinubu Returns To Abuja After Saudi-Africa Summit where He Negotiates Infrastructure Finance
By Abdulkareem Haruna ABUJA, Nigeria — A Boeing 737 jet carrying President Tinubu of Nigeria and his entourage landed at the Presidential Wing of the Nnamdi Azikiwe International Airport on Thursday, November 9, 2023, shortly after 8 p.m. local time, following a diplomatic mission to Riyadh, Saudi Arabia. President Tinubu attended the Saudi-Africa summit in…
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NEDC Donates ₦2 Billion To Maiduguri Market Fire Victims ~ as Governor Zulum assures judicious sharing
By Abdulkareem Haruna The Northeast Development Commission (NEDC) has on Monday, Oct. 30, donated the sum of N2 billion as palliative to the traders at Maiduguri Monday Market, who lost their wares in a fire disaster early this year. The fire, which occurred on 26th February 2023, resulted in the complete destruction of shops, stores,…
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NEDC Partners Private Firm To Train 50 Young School Leavers As Electrical Technicians
By Abdulkareem Haruna MAIDUGURI, Nigeria – The North-East Development Commission (NEDC) has partnered with Mainstream Academy, a subsidiary of Mainstream Energy Solution, to provide an eight-week skills training program for 50 electrical technicians across the North-East Zone. The announcement was made by the Commission’s Managing Director/CEO during the opening ceremony held at the Commission’s headquarters…
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Analyzing Nigerian Minister of Agriculture’s Ambitious Plan for Agriculture and Food Security
By Abdulkareem Haruna Nigeria’s new Minister of Agriculture, Senator Abubakar Kyari, recently outlined an ambitious multi-year plan to overhaul the country’s agricultural sector and boost food security. While the initiative appears comprehensive and well-intentioned, its success will likely hinge on effective implementation, stakeholder cooperation, and sustained investment. Before we take a dive into Minister Kyari’s…
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Warren Buffet’s Right Hand Man, Charlie Munger Says AI Over-hyped, Insists Crypto Investments Stupid
By Abdulkareem Haruna (Source: FORTUNE)/ Charlie Munger, the 99-year-old vice chairman of Berkshire Hathaway, controlled by Warren Buffett, is casting doubt on the growing frenzy surrounding artificial intelligence (AI) investments. Despite the billions of dollars flooding into the AI sector, Munger believes it may be receiving more hype than it deserves. During a recent appearance…
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Borno Governor Unveils 70 New Buses to Subsidize Transportation Woes
By Abdulkareem Haruna Borno State Governor, Babagana Umara Zulum, on Monday evening, unveiled a new fleet of 70 buses for metro transport and to ease the movement of civil servants to their various places of work. “The initiative aims to alleviate the burden of commuting for both government employees and the general public,” Governor Zulum…
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NEDC Performs Groundbreaking Ceremony for 22.5km Rural Road
By Abdulkareem Haruna The North-East Development Commission (NEDC) has commenced work on a 22.5km rural road project, expected to significantly boost transportation and farming in Borno State. The groundbreaking ceremony was performed by Nigeria’s Vice President, Kashim Shettima, in Ngwom village in Mafa. This road network, stretching for 22.5km, will link Ngwom, Koshebe, Gongulon, Zabarmari,…
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Borno State Inaugurates First-of-its-Kind Underground Pedestrian Underpass
By Abdulkareem Haruna Borno State’s Governor, Babagana Umara Zulum, officially opened a pioneering underground pedestrian underpass on Friday, designed to enhance road safety by allowing vehicles to drive overhead while pedestrians cross beneath. The innovative infrastructure project, located near the renowned Gamboru market in Maiduguri, was initiated in response to the risks associated with pedestrian…
The Humanitarian Times 