Donald Duke has warned that Nigeria needs urgent intervention to avert a national disaster, citing worsening economic hardship, insecurity, unemployment, and governance challenges while calling for comprehensive reforms.
Tag: Nigerian Economy
Nigeria’s Record FX Turnover Hides Deeper Economic Risks, Dele Oye Warns as Naira Faces Fresh Vulnerability!
Former NACCIMA President Dele Oye warns that Nigeria’s record foreign exchange turnover masks structural economic weaknesses, cautioning that the naira remains vulnerable without deeper reforms, export diversification, and sustained private-sector growth.
Atiku Accuses Tinubu of Fiscal Recklessness as Borrowing Dispute Deepens Over ₦4.79 Trillion Debt Ceiling!
Former Vice President Atiku Abubakar accuses President Bola Tinubu’s administration of exceeding borrowing limits by ₦4.79 trillion, reigniting debate over Nigeria’s public debt, fiscal transparency, and economic reforms.
Nigeria’s June 2026 FAAC Allocation Climbs to ₦2.55 Trillion as Federal, State and Local Governments Record Higher Revenue!
Nigeria’s Federation Account Allocation Committee shared ₦2.55 trillion for June 2026 among the Federal Government, states and local governments, reflecting stronger revenue generation and continued fiscal reforms. Read wengglobal’s comprehensive analysis of what the allocation means for Nigeria’s economy and public finance.
𝗕𝗨𝗔 𝘁𝗼 𝗲𝘅𝗽𝗮𝗻𝗱 𝗽𝗿𝗼𝗱𝘂𝗰𝘁𝗶𝗼𝗻 𝗮𝗳𝘁𝗲𝗿 𝗡504𝗯𝗻 𝗱𝗶𝘃𝗶𝗱𝗲𝗻𝗱 𝗽𝗮𝘆𝗼𝘂𝘁, 𝘁𝗮𝗿𝗴𝗲𝘁𝘀 𝗴𝗿𝗲𝗮𝘁𝗲𝗿 𝗳𝗼𝗼𝗱 𝘀𝗲𝗰𝘂𝗿𝗶𝘁𝘆!
BUA Foods plans to expand flour, pasta, and edible oil production after approving a ₦504 billion dividend payout, aiming to strengthen food security, create jobs, and improve affordability across Nigeria.