FG EXCEEDS 2025 BORROWING TARGET BY 55.6% — ECONOMISTS SOUND ALARM ON DEBT SPIRAL
🧮 The Math Behind the Mayhem Fresh figures from the Debt Management Office show ₦15.8 trillion raised from domestic investors and ₦1.56 trillion from foreign......
Inflation
Rice Price Crash in Lagos Markets Leaves Traders Counting Losses
Across major Lagos markets — from Mile 12 to Daleko and Oke-Arin — the aroma of rice has turned sour for traders. A 50kg bag......
Farmers Clash With FG Over Food Price Drop, Say Import Waivers Crippling Local Markets
Nigeria’s farmers have accused the Federal Government of destroying rural markets through indiscriminate import waivers, arguing that the recent fall in food prices masks widespread economic dislocation. The Ministry of Agriculture insists its policies are easing inflation, but producers say they face collapsing incomes, unsold produce, and worsening debt across grain and vegetable belts....
Confidence Abroad, Contraction at Home: The Split Reality of Nigeria’s 2025 Economy
Nigeria is winning praise abroad but losing traction at home. From FATF reforms that restored global confidence to Dangote’s refinery expansion signaling industrial ambition, the country looks renewed on paper — yet on the ground, manufacturing is stalling, demand is collapsing, and inflation keeps biting. This is Nigeria’s new economic paradox....
Tinubu @65: Economic Milestones vs Nigerians’ Reality
President Bola Tinubu marked Nigeria’s 65th Independence Day by listing 12 “remarkable economic milestones,” but citizens question the impact amid high living costs....
CBN naira abuse warning: Cardoso urges Nigerians to keep currency clean
The Central Bank of Nigeria has warned against spraying, hawking, or mutilating the naira, calling it a national symbol that must be treated with respect....
Presidency Fires Back as Atiku Warns of Revolution
The Presidency has dismissed former Vice President Atiku Abubakar’s warning that hunger could trigger a revolution in Nigeria. Atiku likened rising hardship to the French and Russian uprisings, but presidential aide Bayo Onanuga branded the remarks “cheap talk.” Officials cited falling inflation and record reserves, accusing Atiku of ignoring recent economic gains under President Tinubu....
Subsidy Removal in Nigeria: Ezekwesili Slams Tinubu Over ‘Good Policy, Wrong Execution’
Former Minister of Education Oby Ezekwesili has criticised President Bola Tinubu’s fuel subsidy removal, calling it a sound policy “implemented the wrong way.” Speaking at the Nigerian Bar Association conference in Enugu, she said the abrupt reform deepened poverty, worsened inflation, and left millions without safety nets....
Babachir Lawal Says He Couldn’t Work Under Tinubu, Slams Governance Style
Former SGF Babachir Lawal says he could never work in President Bola Tinubu’s government, citing nepotism, economic mismanagement, and flawed policies. In a televised interview, Lawal accused Tinubu of sidelining non-Yoruba allies, mishandling fuel subsidy removal, and presiding over a government that still covertly funds subsidy despite declaring its removal....
NLC Slams Tinubu Administration: “All Pain, No Gain”
The Nigeria Labour Congress (NLC) has delivered a damning critique of President Tinubu’s economic reforms, calling them anti-worker, inflationary, and unsustainable—warning of renewed mass protests....