The World Bank has said that the consequences of absenteeism on public expenditure in health and education sectors combined can be as high as 34 per cent. This was revealed in the latest World Bank’s Human Capital Public Expenditure and Institutional Review on Nigeria. The report indicated that the country’s public expenditure on health and [&...
•Aliko Dangote Chairman of the Dangote Group, Aliko Dangote, has said the Nigerian economy can be turned around in a few months. Addressing State House Correspondents after the inauguration of the Presidential Economic Coordination Council (PECC) by President Bola Tinubu, Dangote said the Public and private sectors would work together to revam...
•Agbakoba The Senior Partner, Olisa Agbakoba Legal, Dr. Olisa Agbakoba, today, said Nigeria’s public debt rose to $91.46 billion (N121.67 trillion), despite its ability to generate $ 1 trillion in 40 years. Dr. Agbakoba identified the alleged exclusion of Nigerians from key value chains, weak enforcement of Local content laws, incorporation of...
•Tinubu jets out This piece was first published in Vanguard on April 28, 2015, by Eric Teniola who is a former Director in The Presidency and lives in Lagos UNTIL 1999, the Presidential Air Fleet (PAF) was under the control and supervision of the Secretary to the Government of the Federation (SGF). Before then, senior […]
•Tinubu and tyres The State House spent a whopping sum of N244,654,350 for the purchase and supply of tyres in a single day, according to findings by Daily Trust. Investigation and data gathered from govspend, a portal documenting the Presidential Villa expenditure, showed that the State House made payments for the supply of an unspecified [&h...
•Chekwas Okorie Founding National Chairman of the All Progressives Grand Alliance (APGA), Chief Chekwas Okorie, has said that Nigeria is in a precarious situation, stating that the insecurity in the country might bring the country to its knees. In an interview with Saturday Sun, Okorie, described the 1999 constitution as ‘obnoxious’, adding th...
•Peter Obi and Tinubu Former presidential candidate, Peter Obi, has called on President Bola Tinubu, to deal with the unique challenges bedevilling the economy, instead of comparing Nigeria to other countries. While receiving a delegation from the National Assembly on Eid-el-Kabir, President Tinubu had on Monday, said Nigeria is not the only n...
Nigeria’s total public debt is now ₦121.67 trillion ($91.46 billion), the Debt Management Office (DMO) said yesterday. The DMO said as of March 31, 2024, the country’s domestic and external debts stood at ₦121.67 trillion ($91.46 billion). Nigeria’s debt rose by ₦24.33 trillion within three months – from ₦97.34 trillion ($108.23 billion) in De...
Zenith Bank Plc has announced its unaudited results for the first quarter ended March 31, 2024, with an impressive triple-digit growth of 189% in Gross Earnings, from ₦270 billion reported in Q1 2023 to ₦781 billion in Q1 2024. This is despite the challenging operating environment and tightening monetary policy stance. The Frontier reports tha...
•CBN Governor Yemi Cardoso The Centre for the Promotion of Private Enterprise (CPPE) on Wednesday said the Central Bank of Nigeria (CBN) adjusted the exchange rate 28 times in the first quarter of 2024, thus pervading the nation’s trade dynamics with uncertainty and unpredictability. In a statement signed today by the CPPE Chief Executive Offi...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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