Obasanjo blasts Buhari over allegation of misgovernance
By Femi SHODUNKE NIGERIA: EX-PRESIDENT Olusegun Obasanjo has criticised President Muhammadu Buhari for his continued accusation of misgovernance against his administration and others. Obasanjo counselled Buhari to halt further denigration of previous governments before his and concentrate on solving the myriad of problems facing the nation under his administration. The former President spoke at […]
Senate warns ministries, departments, agencies over local products
NIGERIA: THE Senate President, Dr. Abubakar Bukola Saraki, has issued warning to ministries, departments and government agencies. Saraki threatened them that the Senate will sanction any of them that violate the Public Procurement Law which compels them to give preference to locally produced goods in Nigeria. He also charged the Senate Committee Chairmen to ensure, […]
Canada signs pact with European bodies on trade, investment
BELGIUM: PRIME Minister, Justin Trudeau, has signed trade pact with the European Council and European Commission under the Comprehensive Economic and Trade Agreement (CETA). The agreement, when fully implemented, would generate billions of dollars in bilateral trade agreement and investment, GatewayMail learnt. The pact, according to a news release from the Prime Minister Office (PMO), […]
Alake counsels FG on how to revamp economy
By Femi Shodunke NIGERIA: THE Alake and Paramount Ruler of Egbaland, Oba Adedotun Aremu Gbadebo, has suggested ways out of the current economic downturn in the country. Oba Gbadebo, who stated that banning foreign goods and services are mere temporary measures, counselled government to focus on long term solution. The royal father, who was […]
Focus on industrialization to tackle recession, monarch tells FG
NIGERIA: FROM the royal throne in Iwoland has come a piece of advice to President Muhammadu Buhari’s administration. The Oluwo of Iwoland, Oba Abdul-Rasheed Adewale Akanbi, Telu I, charged the Federal Government to urgently begin the process of industrializing the nation. The monarch said in a press statement signed by his Media Adviser, Oriyomi […]
Canada creates 67,000 jobs in September
CANADA: NO fewer than 67,000 jobs were created in September this year, Statistics Canada has said. Though most of the jobs were opened up in part-time, the unemployment rate remained at 7.0 percent, the government agency further reported in its latest statistics information. “Employment rose by 67,000 (+0.4%) in September, with most of the […]
Nigeria heading towards economic recovery, says Minister
By Femi Shodunke NIGERIA: FROM the Federal Government has come a word of assurance that the country would soon be out of the current economic recession. The Finance Minister, Mrs. Kemi Adeosun, said that the nation’s economy has been heading towards recovery, particularly after the government had identified the problems. According to her, government has […]
Obasanjo backs Buhari’s move to sell national assets
By Femi Shodunke NIGERIA: THE move by the Federal Government of President Muhammadu Buhari to sell some national companies to redress economic downturn has received the backing of ex-President Olusegun Obasanjo. Obasanjo, who said that he was solidly behind the step, maintained that doing so would help the nation to bail itself out of […]
Gani Adams seeks spiritual means to nation’s economic woes
NIGERIA: FROM the National Coordinator of Odua Peoples Coongress (OPC), Gani Adams, has come a piece of advice to the Federal Government and those at the helm of affairs on how to find panacea to the country’s economic woes. Adams said that for the nation to move out of its present economic doldrums spiritually, […]
Yoruba forum charges FG on Nigeria’s economic depression
NIGERIA: YORUBA Unity Forum (YUF), a group of eminent Yoruba people of the South West, has expressed concern over the economic depression in the country. As an immediate measure to address the situation, the group demanded that the perquisites of elected officials and appointed public office holders should be drastically reduced. The YUF, which […]
