Found 151 results for “cost”
Despite an optimistic growth forecast of over 4 percent, Nigeria's economic expansion fails to significantly improve the average income due to a rapidly growing population. The disparity in wealth distribution raises concerns about the sustainability of such growth.
A new report reveals that financial hardship and corruption are significant factors undermining the health and longevity of Nigerians. The findings emphasize that health outcomes are influenced not only by medical treatment but also by economic and environmental conditions.
A recent report highlights an 11.5% drop in the cost of jollof rice, primarily attributed to lower prices of chicken and vegetable oil. Despite this decline, rice prices have had minimal impact on the overall cost reduction across various markets.
Eighty-nine civil society organizations, including Amnesty International, have called on the Nigerian government to make public its review of investment treaties. They caution that undisclosed treaties may expose the country to costly international arbitration claims and limit its capacity to uphold environmental regulations.
The assertion by Finance Minister Taiwo Oyedele that the Naira could plummet to N4,000 to the dollar if fuel subsidies are reinstated has drawn fierce criticism from opposition parties and economic experts. Calls for clarity on the assumptions behind his statement highlight the ongoing debate over fuel subsidy policies in Nigeria.
Protests have erupted in various European nations, with right-wing politicians leveraging the unrest to push their agendas. As demonstrations persist, the political landscape in Europe faces significant challenges and transformations.
The Aba Integrated Power Project is revolutionizing electricity access in Aba, Abia State, offering unprecedented reliability to both businesses and households. This $900 million investment aims to alleviate the burden of chronic power shortages that have plagued Nigeria's industrial sector for decades.
France faces unprecedented turmoil as protests over the rising cost of living escalate into violence, leading to the destruction of the historic Limoges City Hall. The demonstrations, initially sparked by student grievances, have evolved into a widespread national outcry for better public services and economic relief.
As inflation continues to strain the budgets of Nigerians, roadside eateries known as 'buka' are serving smaller portions at higher prices, leaving many customers dissatisfied. The shift reflects the broader economic challenges affecting the purchasing power of low and middle-income earners across the country.
Activists and labour leaders are rallying citizens to resist the continuous hike in petrol prices, which they argue is exacerbating poverty and hardship. The Nigeria Labour Congress and prominent figures have condemned government policies that benefit a select few while impoverishing the masses.
Governor Dapo Abiodun of Ogun State is amplifying efforts to bolster food security in the region by implementing targeted support strategies for farmers. This initiative includes increasing mechanisation, embracing digital innovations, and making significant investments throughout the agricultural value chain.
The historical Luddites, known for their resistance to industrialization, offer a parallel to contemporary debates surrounding the value of traditional craftsmanship versus technological advancement in literature. This reflection prompts a critical examination of how the evolution of literature impacts both authors and readers in today's digital age.
In a strong stance against the privatisation of water services in Lagos, the Corporate Accountability and Public Participation Africa (CAPPA) alongside various activists and labour groups have called for increased public investment in water infrastructure. They argue that the commodification of water is akin to the exploitation seen in the petroleum sector.
In a decisive statement, Oyedele has confirmed that the Nigerian government will not reinstate fuel subsidies or adopt multiple exchange rates, emphasizing a commitment to economic reform. This announcement comes amid ongoing discussions about the country's financial policies and their implications for citizens.
Dr. Billy Graham's 1986 Amsterdam conference stands as a testament to the profound sacrifices made in the pursuit of spreading the gospel. This historic gathering united thousands of pastors and evangelists from across the globe, highlighting the enduring legacy of commitment within the Christian faith.
