Would you like to receive notifications on latest updates of the following headlines?

Nigeria’s Biting Economic, Inevitable Phase  For Better Nigeria- Soludo

POSTED ON March 18, 2024 •   Breaking News      BY Benedicta Bassey

Governor Chukwuma Soludo of Anambra State says Nigeria’s biting economic situation is an “inevitable” phase for the betterment of the nation.

Governor Chukwuma Soludo of Anambra State says Nigeria’s biting economic situation is an “inevitable” phase for the betterment of the nation.

Soludo stated this in an interview on Channels Television’s Sunday Politics.

Speaking g on the Nigeria’s inflation level which has rose to 31.70 per cent in February with the cost of living shooting up in the wake of the fuel subsidy removal and the floating of the naira Soludo said” this is a phase needed before the country begins to flourish.”

He said, “But whether there will be pains for any step you take or the other, it is going to be. It is inevitable. But that is obviously what we need to pass through.

“We must realise that things were really bad. We must get it clear that there is no easy way to get this multiple problems solved to become better,” Soludo added.

Soludo, who is marking his second year in office, also spoke about his achievements since 2022, adding that his government has created jobs for the masses.

”In the first nine months of coming into office, we have employed over 5,000 teachers and processing 2,000 more,” the former Central Bank of Nigeria (CBN) governor said.

READ ALSO
FG assures Nigerians, Third Mainland Bridge is safe, structurally sound
BY Abiodun Saheed Omodara January 17, 2025 0

The Federal Government has assured Nigerians that the Third Mainland Bridge in Lagos remains structu...

READ ALSO
Surge in demand as oil marketers pursue Dangote Refinery's bulk-purchase agreement for price stability
BY Abiodun Saheed Omodara January 17, 2025 0

NIGERIA- Enticed by the incentives of the bulk-purchase agreement offered by the Dangote Petroleum R...

READ ALSO
N’assembly tasks minister to end farmer/herder crisis
BY Abiodun Saheed Omodara January 15, 2025 0

The Joint Senate and House of Representatives Committee on Livestock Development have challenged the...

READ ALSO
Power generation increased by 30% in 2024- Adelabu
BY Abiodun Saheed Omodara January 14, 2025 0

NIGERIA (NAN) - The minister of power, Adebayo Adelabu, on Monday has said that power generation in...

READ ALSO
JUST IN: Lagos assembly impeach Obasa as speaker
BY Abiodun Saheed Omodara January 13, 2025 0

In a surprising turn of events, Mudashiru Obasa, the Speaker of the Lagos State House of Assembly, h...

READ ALSO
Obi retracts statement on National Grid collapse, Praise TCN
BY Abiodun Saheed Omodara January 12, 2025 0

NGERIA- The former presidential candidate of the Labour Party (LP) in the 2023 elections, Peter Obi,...

READ ALSO
LASG urges residents to report urban planning violations
BY Abiodun Saheed Omodara January 9, 2025 0

LAGOS, NIgeria(NAN) - The Lagos state government has urged the state residents to actively part...

READ ALSO
JUST IN: Telecom tariff to increase soon- Minister
BY Abiodun Saheed Omodara January 8, 2025 0

The Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani, announced on Wednes...

OUR CHANNELS:

Tinubu Returns to Nigeria From Tanzania
BY Abiodun Saheed Omodara January 30, 2025 0

President Bola Tinubu has returned to Abuja following his attendance at the Africa Heads of State En...


Obi emphasises focus on Nigerians' welfare, seek coalition for 2027 elections
BY Abiodun Saheed Omodara January 30, 2025 0

Labour Party presidential candidate Peter Obi has expressed his willingness to a coalition ahead of...


FAAN ease traffic congestion, suspends access gate fees at Abuja Airport
BY Abiodun Saheed Omodara January 28, 2025 0

The Federal Airports Authority of Nigeria has announced the suspension of all access gate fees at th...


Obasa challenges removal as Speaker, Denies corruption allegations
BY Abiodun Saheed Omodara January 27, 2025 0

The impeached Speaker of the Lagos State House of Assembly, Mudashiru Obasa, has faulted his removal...


Court orders woman to pay N150, 000 for boyfriend emotional distress
BY Abiodun Saheed Omodara January 27, 2025 0

A Magistrate Court in Ilesa, Osun State, has ordered Rhoda Adu to pay N150,000 in damages for not vi...


U.S. halts all foreign aid, exempt Israel, Egypt amid 'America First' Policy Shift
BY Abiodun Saheed Omodara January 30, 2025 0

USA (AFP) - The United States, the largest donor globally, halted nearly all foreign aid on Friday,...


NELFUND reaffirms commitment to affordable education
BY Abiodun Saheed Omodara January 28, 2025 0

The Managing Director of the Nigerian Education Loan Fund (NELFUND), Akintunde Sawyerr, has reiterat...


Edo report eight Lassa Fever deaths, 56 cases
BY Abiodun Saheed Omodara January 26, 2025 0

Edo State has reported 56 cases of Lassa Fever and eight fatalities from December 30, 2024, to Janua...


Olamide teases fans with new project announcement, After Idan Buruku
BY Abiodun Saheed Omodara January 25, 2025 0

After thrilling fans with "Idan Buruku," an electrifying freestyle that takes listeners back in time...


Congo military gov. dies during clash with M23 rebels
BY Abiodun Saheed Omodara January 28, 2025 0

The military governor of North Kivu province in the Democratic Republic of Congo has succumbed to gu...


More Articles

Load more...

Menu