Tag Archives: Scarcity

Ndume said President Tinubu is unaware of happenings outside the Villa because some plutocrats have ‘caged’ and ‘fenced him off.’ The lawmaker representing Borno South Senatorial District said this while addressing journalists on Wednesday, July 10, 2024, at the National Assembly Complex in Abuja. He said Nigerians are angry with …

Fuel scarcity is gradually surfacing in Lagos and other parts of the country as private depot owners have hiked the ex-depot price of petrol from N630 to N720 per litre.   Fuel stations in Lagos, Ogun and some other states have run out of stock as they refused to buy …

  The Minister of Agriculture and Food Security, Abubakar Kyari, has said the scarcity of tomatoes being experienced in some parts of the country is caused by a “severe infestation known as Tomato Ebola or Tomato leaf miner.”   The price of tomatoes in many markets has skyrocketed following the …

The Minister of Agriculture and Food Security, Abubakar Kyari, has said the major factor affecting food availability in Nigeria, is the smuggling of food out of Nigeria to neighbouring countries.   Kyari stated this on Tuesday, March 5 while addressing members of the House of Representatives during the sectoral debate …

Operators of Point of Sale (PoS) have increased their charges by 100 per cent for all transactions, following the scarcity of naira notes.    According to the PoS operators, the hike in charges is due to their inability to easily get cash from banks. They claim they were paying extra …

Nollywood actress cum wife of Nigerian billionaire, Regina Daniel, has claimed she was unaware of the Naira scarcity during the Naira Redesign Policy by the Central Bank of Nigeria. Naija News recalls that the CBN had, in a bid to implement the cashless policy, redesigned the N200, N500 and N1000 …

Eager to avoid falling further behind Tesla and Chinese car companies, many Western auto executives are bypassing traditional suppliers and committing billions of dollars on deals with lithium mining companies. They are showing up in hard hats and steel-toed boots to scope out mines in places like Chile, Argentina, Quebec …

A scarcity of perishable food, Tomatoes, appears to be looming in Nigeria as farmers are currently battling Tuta Absoluta, also known as Tomato Ebola, which is currently ravaging tomato farms in parts of the country and causing farmers to record as much as N1.3 billion losses.     Tuta Absoluta …

Governor Rotimi Akeredolu of Ondo State has commended the Supreme Court for invalidating the naira redesign and cash swap policy deadline introduced by the Muhammadu Buhari-led administration. Recall that the Supreme Court, on Friday, nullified the ban on the use of the old N200, N500, and N1000 banknotes as legal …

The Inspector-General of Police, Baba Usman Alkali has said that the force is investigating some governors and individuals whose utterances are considered to have incited riots over the naira redesign policy of the Central Bank of Nigeria.    Alkali said this at the end of Wednesday’s National Security Council meeting, …