Day: February 12, 2024

Insecurity, Inadequate Infrastructure stalling Nigeria’s Mining Sector Growth – Kalu

Emporium Reporters

The Deputy Speaker,House of Representatives, Rt Hon. Benjamin Okezie Kalu on Monday stated that insecurity, inadequate infrastructure, and lack of skilled labour have continued to act as bottlenecks hampering the growth of Nigeria’s mining sector. Kalu made the assertion while delivering his address at a Public Policy Dialogue on Nigeria’s Minerals and Mining Legislation in Abuja.   He said that the nation’s vast mineral resources have remained largely untapped, and undeservedly overshadowed by our too much reliance on oil.   Kalu said that despite boasting over 40 commercially viable minerals,…

Online Safety Advocate, Rotimi Onadipe intensifies efforts to educate whatsapp users about 2-step Verification

Emporium Reporters

In a bid to increase users’ awareness about online safety, a prominent advocate of online safety, Rotimi Onadipe, has told users of WhatsApp Messenger App to add more security features to their accounts in order to prevent their accounts from being compromised and used for criminal purposes. Recall that February 6th, 2024 was Safer Internet Day 2024 and Onadipe and other advocates of online safety across the globe celebrated the day through different platforms and used the opportunity to increase global awareness about online safety. Briefing journalists in Ibadan on…

AFCON: Your performance in Côte d’Ivoire outstanding, Kalu hails Super Eagles

Emporium Reporters

Deputy Speaker, House of Representatives, Rt. Hon. Benjamin Okezie Kalu has applauded the performance of the Super Eagles at the just concluded Africa Cup of Nations organized by the Conferderation of African Football (CAF) in Côte D’Ivoire, describing it as outstanding. He said that the Super Eagles displayed phenomenal skills, resilience and played the most scintillating, compact football throughout the tournament. In a statement by his Chief Press Secretary, Mr. Levinus Nwabughiogu, Kalu said that the rising of the team to the finals where it squared up with the host…

Economic Hardship: Barau hails Tinubu for releasing grains ….. sets to share rice to 200,000 households, urges govs, LG chairmen to follow suit

Emporium Reporters

Deputy President of the Senate, Senator Barau I. Jibrin, has hailed President Bola Ahmed Tinubu for ordering the release of 102,000 tonnes of rice, maize, millet and others to address the high cost of food in the country. The Federal Government had through the Special Presidential Committee on Emergency Food Intervention, headed by the Chief of Staff, Hon Femi Gbajabiamila, on Thursday, ordered the release of 102,000 tonnes of grains to Nigerians. Commending President Tinubu for the directive, the Deputy President of the Senate, said the move would go a…

That Price Control Judgment – Simon Kolawole

Emporium Reporters

On Wednesday, Justice Ambrose Lewis-Allagoa of the federal high court, Lagos, ordered federal government to fix the prices of milk, flour, salt, sugar, bicycles, motorcycles, motor vehicles, and their spare parts. This looks like a judicial attempt to address the biting inflation and the harsh economic climate caused in the main by naira devaluation. My mind instantly flashed back to 1984 when the military government of Major Gen Muhammadu Buhari announced price controls for essential commodities, also known as “essenco”. The military had overthrown the democratically elected government of President…

Monday Lines Tinubu, matter don pass be careful By Lasisi Olagunju

Emporium Reporters

The last premier of the Western Region, Chief Samuel Ladoke Akintola, asked his guest what the town was saying. The guest told him the town was solidly behind him. The guest backed his claim with a cassette which he said contained the adulation with which the people of Ibadan welcomed every step so far taken by Chief Akintola. The premier listened to the cassette and brightened up. He thanked the guest, Chief A.M.A. Akinloye, as he took his exit. Akintola’s young confidant and aide, Adewale Kazeem, walked in. The premier…

CBN must walk the Talk of its monetary reforms – Pol Eco Analytics

Emporium Reporters

Nigerian Think Tank and Research Organization, Pol Eco Analytics have urged the Governor of the Central Bank of Nigeria (CBN), Dr Yemi Cardoso to follow through with it’s latest monetary reforms policy, as against previous efforts that were abandoned half way.   In a press statement made available to Emporium Reporters over the weekend in Abuja, the group under the aegis of Pol Eco Analytics, a Nigerian-based Think Tank and Economic Research Organisation, said that was the option to address the naira crisis in the country.   In the signed…

Gambling With The Naira By Adefolarin A. Olamilekan

Emporium Reporters

“The strength of a nation’s currency is an expres­sion of the vibrancy, virility and robustness of that country’s economy” Late Sir Henry Boyo.     My current intervention on the absymal performance of our dear Naira, drew strength from the above, Late Sir Henry Boyo, Nigerian foremost Economist and Monetarist quote. Sir Boyo all through his activism as a newspaper columnist and Economic analyst, warned against how the CBN alongside Nigeria’s elites and forex dealers, not to forget how financial capitalist successfully made Naira an item of profiteering.   So…