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Ben Akabueze

Report projects inflation rate decline to 27% by December
18 Apr 2024
Inflation in Nigeria is reaching its peak now and will decelerate toward the middle of the year, Director-General of the Budget Office of the Federation, Ben Akabueze, has said.
3 Mar 2024
There are indications that the proposed implementation of the report of the Presidential Committee on Restructuring and Rationalisation of Federal Government Parastatals, Commissions and Agencies may not be achieved within...

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33 mins ago
Prominent figures from various sectors gathered to celebrate the life and legacy of High Chief Gabriel Akin-Deko at the launch of his autobiography, ‘A Drink to the Future’. The event was marked by speeches reflecting on his impact in agriculture, politics, education, and governance. In his welcome speech, Chief Wale Babalakin (SAN) described the occasion…
42 mins ago
  Elon Musk, the billionaire advisor to Donald Trump, said Saturday that all US federal employees must justify their work or lose their jobs, hours after the president pushed him to be "more aggressive" in slashing government spending. Musk -- the world's richest person and Trump's biggest donor -- has led the effort to fire…
46 mins ago
Former President of Nigeria, Olusegun Obasanjo, has urged the country's youth to take bold steps in shaping their futures instead of passively waiting for opportunities to be handed to them. He pointed to the rampant mismanagement of both human and natural resources as the root causes of the country's current issues. Obasanjo further stressed the…
47 mins ago
Nigeria’s urban centres are experiencing higher inflation rates than rural areas following the rebasing of the Consumer Price Index (CPI), the National Bureau of Statistics (NBS) has revealed. According to the NBS report, urban inflation stood at 26.09 per cent, while rural inflation was recorded at 22.15 per cent in January 2025. The gap shows…
52 mins ago
Businessman and former presidential candidate, Dr. Gbenga Olawepo-Hashim, has commissioned a newly constructed one-kilometre asphalt road in Ifedolapo community, Pipeline area of Ilorin, the Kwara State capital. The commissioning ceremony, held on Saturday, February 22, 2025, was performed by former Nigeria Governors’ Forum Chairman and ex-Governor of Akwa Ibom State, Dr. Victor Obong Attah. The…
59 mins ago
The European Union (EU) has held discussions with private sector players in Lagos to forge collaborations and ramp up investments to strengthen Nigeria's digital economy ecosystem. In line with the Global Gateway Strategy, the EU-Nigeria Digital Economy Package aims to support the country's digital transition and its ambition of becoming a regional digital hub. Key…
1 hour ago
The National Hajj Commission of Nigeria (NAHCON) on Saturday amended its contract with Mashariq al Dhabia, a Saudi-based service provider, to ensure a hitch-free 2025 Hajj exercise. The Chairman of NAHCON, Prof. Abdullahi Usman, signed the contract amendment on behalf of the commission, while Muhammad Hassan, Chairman of Mashariq al Dhabia, signed on behalf of…
1 hour ago
After three years abroad, the 17th Headies returns to Lagos with an expanded eligibility period and the promise of fresh innovation. Yet critics argue it needs a major revamp to truly reflect Nigeria’s dynamic music scene. After Nigeria’s biggest music award spent two editions overseas to, arguably, improve its operations, the Headies returns on 17…
1 hour ago
The Nigerian Shippers Council (NSC) says the Kaduna dry port has received and cleared over 500 containers of goods within the last three months. Buba Danjuma, Director of the Kaduna Port Office, confirmed this on Saturday while addressing journalists after a maritime industry sensitisation at the ongoing 46th Kaduna International Trade Fair. Danjuma explained that…
2 hours ago
Lautaro Martinez shot Inter Milan top of Serie A with the decisive goal in Saturday's 1-0 win over Genoa which piled pressure on title rivals Napoli ahead of next weekend's showdown in Naples. Argentina striker Martinez's deflected header from a corner in the 78th minute was enough for champions Inter to get past revitalised Genoa…