Tag Archives: spending

Senator Adams Oshiomhole (APC/Edo North) on Monday raised concerns over the Joint Admissions and Matriculation Board’s (JAMB) expenditure in 2024 during the agency’s 2025 budget defence session before the National Assembly Joint Committee on Finance.   Oshiomhole queried JAMB registrar, Prof. Ishaq Oloyede, about the N850 million spent on security, cleaning, and fumigation last year. He remarked “You spent N1.1bn …

DJ Ayobami Sodiq Ajisegiri, aka Spending, who was an ally of the late music star, Ilerioluwa Aloba aka Mohbad, has denied hiding information about the singer’s death.   Sodiq’s account of his last encounter with the late singer after his release from detention has raised questions.  However, in a lengthy post on his social media handles on Monday, Dec. 23, he …

In a series of viral posts on social media, several former “Yahoo Boys” – a term used in Nigeria to describe individuals involved in online fraud – have come forward to share cautionary tales of their experiences with sudden wealth from cryptocurrency gains and other ventures, followed by financial ruin due to reckless spending and lack of proper financial planning. …

Actor Kunle Remi, says Nigerians do nothing but complain about their current economic hardship.    In a video shared on Snapchat, Kunle said that despite the current increase in the pump price of petrol, Nigerians always find a way to cope. ‘’I have come to the conclusion that no matter how ridiculous it gets in Nigeria, we always still find …

The debt keeps swelling and if no action is taken, the OECD warns, it could reach 200% of the GDP by 2050. ADVERTISEMENT Belgium has proved relatively resistant to economic shocks and is facing a 1.4% GDP growth in 2025, however, it urgently needs to lower its debt, according to the Organisation for Economic Co-operation and Development (OECD).  The country …