Former President of Nigeria, Olusegun Obasanjo has expressed delight, saying Junior Chamber International has reinstated his hope for a greater continent of Africa. Obasanjo made this known at the Africa and The Middle East National Presidents virtual meeting held on Saturday. The former President pointed that with the quality of ...
Read More »Nigeria now Second Most Corrupt in West Africa – TI
Nigeria has dropped to 149 on Transparency International’s 2020 Corruption Perception Index, the worst ranking received by Africa’s largest country in recent time. Nigeria also scored 25 out of a possible 100 points. In the last TI rating in 2019, Nigeria was ranked 146th out of the 180 countries surveyed, ...
Read More »NNPC: Refineries shut for 15 straight months cost Nigeria N152.08bn
The nation’s refineries lost a total of N152.08bn in 15 consecutive months of being idle, the latest data from the Nigerian National Petroleum Corporation have shown. Analysis of data collated from NNPC monthly reports revealed that all the refineries did not refine crude oil from July 2019 to September 2020. ...
Read More »Bill Gates is paying off Nigeria’s $76 million Polio debt
Billionaire philanthropists Bill and Melinda Gates will pay off $76 million of Nigeria’s debt through their namesake foundation. The payments, which will be made over the course of 20 years, are due to begin this year. In 2014, Nigeria borrowed the money from Japan to fund its fight against the ...
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