Tinubu

Nigeria's Ambitious Budget Strategy: Tinubu Relies on Oil Revenue for Massive Spending Plan

5 days ago

Nigeria's government, under President Bola Ahmed Tinubu, is preparing to unveil one of the nation's most ambitious budgets in its history, banking heavily on oil revenues to support an unprecedented level of spending. The proposed budget for 2024 is set to reach an impressive 28.1 trillion naira (approximately $37 billion), marking a substantial increase from the previous year's budget of 21.9 trillion naira.

Massive $1 Billion Investment by Nigeria's Leading Flour Miller to Transform Economy

2 months ago

Nigeria's largest flour milling company, Flour Mills of Nigeria, is set to inject a staggering $1 billion into various segments of its operations, marking a significant move to enhance local food production and bolster the nation's economy. This ambitious investment comes in the wake of President Bola Tinubu's government pushing for self-sufficiency in food production and generating employment opportunities across the nation.

Nigeria’s Cardoso Aims to Tackle Inflation Amid World Bank Support for Reforms

2 months ago

The Nigerian government is intensifying its efforts to stabilize the nation's economy as it grapples with surging inflation and challenging market conditions. President Bola Tinubu's administration has brought in new leadership, with the appointment of Wale Edun as the Finance Minister and Olayemi Cardoso as the Central Bank Governor, both poised to implement pivotal reforms aimed at curbing rising consumer prices.