Labour Party renames ‘Obidient’ directorate after backlash from over 200 support groups. Support groups accused LP leadership of undermining the movement’s independence. LP’s National Publicity Secretary announced the renaming decision in response to the controversy. EKO HOT BLOG reports that the Labour Party (LP) leadership has renamed the ‘Obidient’ directorate following backlash over its naming and … Read more
Tinubu Eyes Import Duty Suspension On Food, Drugs, and essential commodities for six months to tackle inflation. Proposed Executive Order also includes waiving levies on fertilizers, poultry feed, flour, and grains, and offering low-interest loans to agriculture, pharmaceutical, and manufacturing sectors. Plan contradicts earlier statements by Tinubu on food imports, emphasizing domestic production to address … Read more
FG Speaks On Food Inflation, Reveals When Prices Will Drop. Government allocates special funds for infrastructure to bolster agriculture. Edun underscores global issue of food insecurity. EKO HOT BLOG reports that the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, assures Nigerians of forthcoming reductions in food prices. Edun elaborates on the government’s … Read more
Dangote Predicts New Dollar To Naira Exchange Rate, Diesel Price. He expects a reduction in inflation following discussions with President Tinubu. Dangote emphasizes the importance of supporting government efforts to improve the economy. EKO HOT BLOG reports that Nigerian billionaire businessman, Aliko Dangote, has noted an improvement in diesel prices alongside a potential further drop in … Read more