Sky-High Prices Fuel Nigeria’s Housing Crisis, Experts Warn

Material costs soar—dream of home slips away Renewed Hope housing still out of reach for many Mortgage barriers and policy gaps deepen the crunch Nigeria’s housing crisis deepens as soaring building costs put homeownership beyond reach for most workers. According to a report by Eko Hot Blog, these escalating prices are forcing many Nigerians to … Read more

Christmas: Prices of Food, Cooking Gas Soar in Kaduna

Food stuff in the market

Food prices in Kaduna soar, making Christmas celebrations unaffordable for many. Traders blame higher costs at depots and transport for the price hikes. Residents cite insecurity and fuel price hikes as factors driving up cost Prices of cooking gas and food items have surged in Kaduna, leaving many residents unable to afford the essentials needed … Read more

NANS Rejects NECO’s N50,000 Certificate Reprint Fee as Outrageous

Economic Help NANS Tinubu

The National Association of Nigerian Students (NANS) on Wednesday strongly opposed the National Examination Council’s (NECO) decision to impose a N50,000 fee for certificate reprints. EKO HOT BLOG reported, NECO announced the new policy on September 30, 2024, in a statement by its Registrar, Dantani Wushishi, in Minna, Niger State. The policy stated that the … Read more

‘It’s Priced Out Of Nigerian Wallets’ – Retailers Reveal Real Cost Of Petrol

Retailers price Of Petrol

PROAN President Billy Gillis-Harry highlighted that aligning Nigeria’s petroleum prices with international rates would make fuel unaffordable for most Nigerians EKO HOT BLOG reports that President of the Petroleum Retail Owners Association of Nigeria (PROAN), Billy Gillis-Harry, has highlighted the challenges faced by Nigerians with the current market price of petroleum, estimating it should be between … Read more

Pursue Realistic Demands – Sule, Oshiomhole Urge Labour

Labour

Sule and Oshiomhole advise Labour on realistic wage demands, urging focus on industrial policies. NLC calls for N615,000 living wage; Sule and Oshiomhole stress affordability. Tinubu hints at new “living wage”; ongoing improvements in revenue allocation noted. EKO HOT BLOG reports that in a recent television appearance, Nasarawa State Governor Abdullahi Sule and Senator Adams Oshiomhole … Read more

Rice Becomes More Affordable As Prices Drops By 20% Across Nigeria

Subsidized Rice

Rice prices in Nigeria experience significant drop, offering relief to consumers. Survey shows 20-30% reduction in rice prices over the last two months. Traders attribute price decrease to factors like currency exchange rates and import costs. EKO HOT BLOG reports that Nigerians can breathe a sigh of relief as reports and surveys confirm a crash in … Read more

Hope And Caution: Nigeria’s Energy Sector Braces For Refinery Resurgence And Price Shifts

Refinery Resurgence

In Nigeria’s dynamic energy landscape, recent developments regarding refinery operations and potential fuel price adjustments are sparking both excitement and caution. As we navigate these changes, it’s essential to dissect their implications and chart a course that prioritizes sustainability, affordability, and equitable access to energy resources for all Nigerians. EDITOR’S PICKS BREAKING: Prominent Activist, Fawaz … Read more

Like Cement, Price Of Iron Rods Jumps From N8,500 To N18,500

Iron rods

EKO HOT BLOG reports that amidst the skyrocketing prices of cement nationwide, the costs of iron rods, also known as reinforcements, have surged significantly, surpassing the increases seen in cement prices. This online media platform highlights the ongoing challenge faced by Nigerians in realizing the dream of owning affordable homes, as the exorbitant prices of key … Read more

FG Considers Powering NRC Locomotives With Gas To Reduce Cost

Locomotives

EKO HOT BLOG reports that the Nigerian Federal Government has unveiled intentions to shift the locomotives of the Nigerian Railway Corporation (NRC) from diesel to both liquefied natural gas (LNG) and compressed natural gas (CNG). According to reports from this online media platform, the announcement was delivered by the Minister of Transportation, Said Alkali, emphasizing the … Read more