By Ajibola Olaide, JKNewsMedia Reporter ECONOMIC GROWTH in 2024 surpassed expectations, reinforcing the impact of reforms initiated by President Bola Ahmed Tinubu on 29 May 2023. The Independent Media and Policy Initiative (IMPI) disclosed this in a statement issued by its Chairman, Dr. Omoniyi M. Akinsiju. At 3.40 per cent for the full year,...
By Ajibola Olaide, JKNewsMedia Reporter ECONOMIC POLICIES under President Bola Tinubu’s administration took centre stage at the recently concluded All Progressives Congress (APC) National Economic Council (NEC) meeting in Abuja. Discussions also focused on the trajectory of ongoing reforms, with party leaders and governors citing data t...
By Jemimah Wellington, JKNewsMedia Reporter NIGERIANS ARE reeling from the latest hike in data prices by MTN Nigeria Communications Plc, with subscribers expressing outrage over the sharp increase in costs. The telecom company is said to have raised the price of its 15GB weekly data plan from N2,000 to N6,000, representing a staggering 200 pe...
By Jemimah Wellington, JKNewsMedia Reporter THE PROPOSED nationwide demonstration against a 50% increase in telecommunications tariffs will not proceed as planned. The Nigeria Labour Congress (NLC) has opted for negotiations with the federal government after rejecting the tariff hike approved by the Nigerian Communications Commission (NCC) la...
By JKNewsMedia A MAJOR push to expand Nigeria’s gas infrastructure has taken shape with the launch of five mini-Liquefied Natural Gas (LNG) plants in Ajaokuta, Kogi State. The initiative, a collaboration between the Nigerian National Petroleum Corporation (NNPC) Ltd and private sector partners, is aimed at deepening domestic gas utilisation, ...
By Jemimah Wellington, JKNewsMedia Reporter THE ONGOING dispute over telecoms tariffs in Nigeria has intensified as rising operational costs push operators to the brink. In a bid to address these challenges, the Nigerian Communications Commission (NCC) has approved a 50% tariff adjustment, aiming to balance industry sustainability with consum...
By Jemimah Wellington, JKNewsMedia Reporter SOME NIGERIANS face imminent disruptions to call and Internet services as telecommunications operators threaten service shedding due to unresolved tariff issues. The Association of Licensed Telecommunications Operators of Nigeria (ALTON) raised the alarm on Monday, highlighting the urgent need for t...
By Joke Kujenya THE FESTIVE atmosphere in Lagos heightened on Wednesday as President Bola Ahmed Tinubu touched down at the Presidential Wing of the Murtala Mohammed International Airport at exactly3:23 pm. The President is set to spend the Christmas and New Year holidays in his state of origin, Lagos, as noted by Presidential Spokesman, Bayo [...
By JKNewsMedia NIGERIA’s ECONOMIC narrative has sparked fresh debate following the National Bureau of Statistics’ (NBS) latest unemployment and GDP figures. The Independent Media and Policy Initiative (IMPI), a policy think tank, has defended the credibility of these reports, countering claims by critics who dismissed the data as unreali...
By Joke Kujenya NIGERIA’s ECONOMY expanded by 3.46% in real terms in Q3 2024, exceeding the 2.54% recorded in Q3 2023 and 3.19% in Q2 2024. The National Bureau of Statistics (NBS), in its latest report, attributed the growth to the robust performance of the Services sector. Real GDP stood at ₦20.12 trillion in Q3 […]
