Category: Economy

  • Contract Boom Rocks A’ibom as Skilled Labourers Flock Government Sites

    One of the contract sites . By Emma Akpabio Pastor Umo Eno’s infrastructure development is creating a buzz in Akwa Ibom State, with workers praising the Governor for a contract boom across the 31 local government areas of the State Since assuming office on May 29, 2023,  Governor Eno’s administration has been focused on implementing…

  • TMSG Welcomes FG’s Plans to Restart Oil Exploration in Ogoniland After 32 Years

    President Bola Tinubu. By Dianabasi Effiong The Tinubu Media Support Group (TMSG) has expressed confidence in the ability of President Bola Tinubu to resolve the decades-long crisis that stalled the resumption of oil exploration in Ogoni, one of Nigeria’s most prolific oil-producing areas. According to the group, this stems from the overtures the Federal Government…

  • “Evacuation Permit” Levies on Trucks in Cross River is Illegal, CRHA

    By Itam Offor The State House of Assembly has condemned the imposition and collection of illegal and unauthorized levies captioned “Evacuation Permit” from trucks hauling granite from quarries in Akamkpa 1 State Constituency. The House  in its sitting last week, subsequently urged the Ministry of Environment to stop the illegal collection and also withdraw such…

  • Governor Umo Eno’s Windfall in Akwa Ibom

    Gov. Umo Eno By Osondu Ahirika A bonus. Unexpected and unanticipated. Irregular by all dimensions of execution. A surprising spin and the downpour of blessings. I can also call it a lottery for the good people of Akwa Ibom. For those who gained from this unprecedented giveaway, it was a windfall from the Hilltop Mansion.…

  • NHRC Trains Task Teams on Protection of IDPs, Refugees  

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    By Our Reporter The National Human Rights Commission (NHRC) has organised a 2-day Inception/Orientation Training for Task Teams of the 2025 NHRC/UNHCR Project on Protection of Forcibly Displaced Persons (FDPS) for the South South zone. NHRC’s Executive Secretary, Tony Ojukwu, who spoke in Calabar during the opening ceremony of the workshop, Tuesday, said the training…

  • Reduction In Crude Oil Theft Major Success Story Of Tinubu’s Oil Sector Reforms -TDF

    By Dianabasi Effiong The Democratic Front (TDF) has welcomed the reduction in crude oil theft from 108,000 barrels per day (bpd) in 2022 to 5,000 bpd in Nigeria. In a statement signed by its Chairman, Mallam Danjuma Muhammad, TDF said the feat, announced by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) as a fallout of…

  • Group Lauds N23.9 trillion Capital Vote, a Reflection of President Tinubu’s Pro-Development Mindset

    President Bola Tinubu. By Dianabasi Effiong The Tinubu Media Support Group (TMSG) has described the recently passed 2025 budget of N54.9 trillion with a high capital vote component as a direct reflection of the development centred mindset of President Bola Tinubu’s administration. This, according to the group is because the capital expenditure allocation of N23.9…

  • MAN’s Confidence Index Reflects Steady Recovering Economy, TSF

    President Bola Tinubu. By Dianabasi Effiong The Tinubu Stakeholders Forum (TSF) welcomes the recent release of the Manufacturers Association of Nigeria (MAN) Confidence Index for Q4 2024, which rose to 50.7 points, reflecting a moderate improvement in the confidence of CEOs in the manufacturing sector. In a statement signed by its Chairman Ahmad Sajoh and…

  • Drop in Headline Inflation, Signs of Better Things for Nigeria

    By Dianabasi Effiong The Tinubu Media Support Group (TMSG) has said that the drop in headline inflation in Nigeria after the rebasing of the Consumer Price Index (CPI) is a sign of better things to come. In a statement signed by its Chairman Emeka Nwankpa and Secretary Dapo Okubanjo, TMSG believes that the inflation rate…

  • Endemic Fraud, Paucity of Funds Delay Gratuity Payment

    Gov. Bassey Otu. By Anietie Akpan Governor Bassey Otu of Cross River State has attributed the delay in the payment of outstanding gratuities to endemic fraud and paucity of funds. In spite of these challenges , Otu gave the assurance that payments for the second tranche will commence soon. Fielding questions from Journalists at the…