How Price of Rice Rose from N2,500 to N105,000 in 24 Years

Nigerians were delighted when in January 18, 2022, the Central Bank of Nigeria (CBN) and the Rice Farmers Association of Nigeria (RIFAN) unveiled the iconic rice pyramids in Abuja. The event appeared to point to Nigeria’s progress in rice production, driven by the Anchor Borrowers Programme (ABP). However, three years later, Nigeria’s rice self-sufficiency narrative […]

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'N70,000 Can Only Buy a Bag of Rice' - Ndume Carpets Minimum Wage

‘N70,000 Can Only Buy a Bag of Rice’ – Ndume Carpets Minimum Wage

The former Chief Whip of the 10th Senate, Ali Ndume, has condemned the ₦70,000 new minimum wage approved by the Federal Government. The lawmaker was recently removed as the Chief Whip over his comments against top government officials of the present administration. On Wednesday, Tinubu and the leaders of the Nigeria Labour Congress alongside the […]

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