Hon. Abbas Tajudeen, Speaker, HoR Speaker Abbas Tajudeen Abbas Tajudeen has sounded the alarm on the dire situation in Nigeria’s North-West region, calling for urgent action to address insecurity, poverty, and infrastructural decay. Speaking at the inauguration of the House Committee on the North-West Development Commission (NWDC) at the National Assembly, Abbas stressed the need for decisive intervention to prevent …
Read More »Daily Archives: February 14, 2025
CBN Sets N20,000 ATM Withdrawal Limit: Banks Face Sanctions for Non-Compliance
The Central Bank of Nigeria (CBN) has issued a warning to banks that they will face sanctions if they limit ATM withdrawals to less than N20,000 per transaction. This move comes after the CBN increased ATM transaction withdrawal fees, with customers set to pay N100 for every N20,000 withdrawal from another bank’s ATM starting March 1st. According to the CBN, …
Read More »Lawmakers Under Fire Over N54.99 Trillion Budget Approval
The National Assembly’s passage of the record-breaking N54.99 trillion 2025 budget has sparked intense criticism, with many accusing lawmakers of misplaced priorities, fiscal irresponsibility, and potential political motives ahead of the 2027 elections. Former presidential candidate Adewole Adebayor described the budget as poorly designed and economically dangerous, arguing that it fails to address Nigeria’s core economic challenges. He criticized the …
Read More »Nigeria’s Tax Laws Hindering Economic Growth, Says Oyedele
Taiwo Oyedele, Chairman,Presidential Committee on Fiscal Policy and Tax Reforms Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has emphasized that Nigeria’s current tax laws are hindering economic growth. Speaking at the inaugural Economic Roundtable/2025 macroeconomic outlook event, Oyedele noted that the tax system is overly complex, with numerous taxes and agencies, making it difficult …
Read More »Southwest Nigeria: Governors Collaborate To Tackle Terrorism And Food Insecurity
The six governors of the Southwest region of Nigeria have joined forces to strengthen security and prevent fleeing bandits and terrorists from infiltrating their towns and villages. This move comes in response to the military’s efforts to combat terrorism in the Northwest, which has led to some of the terrorists escaping and heading south. In recent months, there have been …
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