Tag: economy
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FG’s fresh N1.15 trillion loan request exposes Tinubu’s debt addiction and policy contradictions – ADC
The African Democratic Congress (ADC) has condemned the Federal Government’s fresh approval of N1.15 trillion in domestic borrowing, accusing President Bola Ahmed Tinubu of policy inconsistency and fiscal recklessness. In a statement signed by the party’s National Publicity Secretary, Mallam Bolaji Abdullahi, the ADC noted that despite Tinubu’s public claim that Nigeria had met its…
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ADC to Tinubu: Your revenue claims based on lies
– Says 5% petrol tax cruel and insensitive The African Democratic Congress (ADC) has accused President Bola Tinubu’s administration of deceiving Nigerians with false revenue claims, citing a N21.22 trillion shortfall between the 2025 budget projection and actual collections, despite the government’s claim of meeting revenue targets. The party also condemned the new 5% petrol…
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ATM Foundation backs Beach tourism in Ilaje
The Abdul Adetunji Mohammed (ATM) Foundation has thrown its weight behind Beach Tourism. This was highlighted at the recently concluded Araromi Beach Carnival, hosted by Dr. Taiwo Malumi a notable philanthropist and founding member of the APC in Ondo State. The Foundation says it is to help “in the continued effort of Governor Lucky Aiyedatiwa’s…
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Aruwa Capital backs Yikodeen’s smart factory revolution for Nigerian footwear
In a move set to revolutionize Nigeria’s manufacturing landscape, indigenous footwear innovator Yikodeen has secured a $1.5 million strategic investment from Aruwa Capital Management to launch West Africa’s first smart manufacturing facility dedicated to safety footwear and other product lines. This funding milestone from Aruwa’s sophomore fund will transform Yikodeen from a successful local producer…
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