News as it breaks
Provost of the Anti-Corruption Academy of Nigeria and Head of Contemporary China-Africa Research, Prof Sheriff Ghali Ibrahim, has outlined China’s targeted poverty reduction strategy as a model worthy of study in efforts to address poverty challenges in Nigeria. Speaking at a one-day workshop on Nigeria’s poverty alleviation and China’s development…
President Bola Tinubu has attributed Nigeria’s economic hardship and widespread poverty to outdated colonial-era tax laws, saying his administration’s new tax reforms will usher in opportunities and long-term prosperity. The President made the remarks on Tuesday during the commissioning of the 16-storey Nigeria Revenue Service (NRS) Headquarters in Abuja,…
President Bola Tinubu has reiterated Nigeria’s vast potential for wealth creation through its abundant solid mineral resources, stressing that the country should not remain impoverished. The President made the remarks during the 2025 Nigeria Mining Week held in Abuja on Wednesday. Represented by the Secretary to the Government of the…
The Presidency has challenged the latest World Bank report claiming that 139 million Nigerians live in poverty, describing the figure as “unrealistic” and not reflective of current economic conditions under the administration of President Bola Tinubu. In a statement issued Thursday on his official X (formerly Twitter) account, Sunday Dare,…
The Federal Government of Nigeria has disbursed a total of ₦330 billion in cash to poor and vulnerable Nigerians as part of its renewed Social Investment Programme, aimed at cushioning the impact of rising living costs and ongoing economic reforms. The announcement was made by the Minister of Finance and…
In a transformative move to deepen economic inclusion and tackle poverty, the National Board for Technology Incubation (NBTI) and the National Directorate of Employment (NDE) have inaugurated a Joint Committee to strengthen collaboration in enterprise development, skills training, and technology incubation nationwide. The inauguration, held at NBTI headquarters in Abuja,…
