Okowa signs 2023 N571.6bn Appropriation Bill
Governor of Delta, Sen. (Dr) Ifeanyi Okowa, on Friday in Asaba, signed the state’s 2023 Appropriation Bill of N571.64 billion. The budget, which is the last to be signed by Okowa as Governor of the…
Category: Economy
Delta most solvent state, says Finance Commissioner
Delta State Government has said it was the most solvent in the country, with enough credit to liquidate all outstanding fiscal obligations. The Commissioner for Finance, Chief Fidelis Tilije, who stated this at a news…
PERSPECTIVE – Soludo has no solution
By Owei Lakemfa Nigerians are undergoing the most challenging period in their lives as more people are pushed into poverty and desperation. Inflation is running at an average 16 per cent, hunger is deregulated and…
PERSPECTIVE – Who is bankrolling Emefiele’s political campaigns?
Asks Etim Etim I have noticed the massive advertising campaigns in major Nigerian newspapers in the last several weeks designed to draft CBN Governor Godwin Emefiele into the 2023 presidential race. The campaigns come with…
Fuel scarcity: Consumers accuse marketers of sharp practices
By Ambrose Ologide Some concerned consumers of fuel in Uvwie and Warri South Local Government areas of Delta State have bemoaned alleged sharp practices by some petroleum marketers in the prevailing fuel scarcity. The Chairman…
Hope rises for Nigeria! Oil price hits $95 – eight-year high
The lamentation of the President Muhammadu Buhari's administration may soon come to an end as an elixir appears to be coming to Nigeria’s asphyxiating economy economy with the price of Brent crude oil rising to $95 a…
Nigeria needs financial engineering to surmount economic challenges, says Ogomudia
Former Chief of Defence Staff, General Alexander Ogomudia (rtd.), on Friday, said Nigeria requires great financial engineering to enable the country resolve the multifaceted economic challenges bedevilling its sustainable development. General Ogomudia disclosed this at…
PERSPECTIVE – The economics and politics of rice pyramids
By Etim Etim Sometime in 2001, a group of American bankers from US EXIMBank came to make a presentation to the senior management staff of the bank I was working for at that time on…
PERSPECTIVE – Ode to a dying year, 2021
By Owei Lakemfa Many parts of the universe entered 2021 with the contentment that President Donald Trump, the American billionaire whose many crooked business deals also saw him to the White House, was leaving in…
Delta partners Stallion to establish tricycle plant, production begins next week
Delta Government and Stallion Auto Keke Limited on Tuesday reached agreement to establish tricycle manufacturing plant in the state. Chief Economic Adviser to the Governor, Dr Kingsley Emu disclosed this at the exhibition of the…