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Nigeria's government should stop borrowing now that it has gained from fuel subsidy removal, according to former Central Bank of Nigeria Director Prof. Akpan Ekpo. The country can use the saved funds instead of taking on more debt.
At least eight people were injured in a bus crash in Lagos on Tuesday when a commercial long bus crashed into the road median at the Ahmadiya axis of the Lagos-Abeokuta Expressway. The bus, popularly known as Molue, suffered significant damage after the incident.
The Federal Government has allocated N132 billion in its 2025 budget to support farmers and farming activities, as part of a broader plan to promote agricultural development.
Nigeria is facing significant economic threats from inflation and low productivity, according to Niyi Yusuf, Chairman of the Nigerian Economic Summit Group, who has called for urgent sectoral reforms. The country must take decisive action to address these challenges, which are hindering growth and development.
