The recent statement by the presidential spokesman, Mr. Ajuri Ngelale, that Nigeria is considering applying to join the G-20, an intergovernmental forum comprising 19 sovereign countries, the European Union (EU), and the African Union (AU), comes as a surprise to many.
India’s Prime Minister Narendra Modi shakes hand with President of Nigeria Bola Ahmed Tinubu ahead of the G20 Leaders’ Summit at the Bharat Mandapam in New Delhi on September 9, 2023.
Currently, India is the Chair of the G20 with Brazil and South Africa scheduled to assume leadership in 2024 and 2025 respectively. Nigeria is at liberty to aspire to join any global grouping of its choice, particularly if such a new association will help it achieve its goals of enhancing its development objectives as a sovereign entity or attract projects to some specific sectors of key importance to it.
There’s much work to be done in stabilising the foreign exchange market given that this particular market has a significant pass-through effect on prices and production levels in the industrial sector of the economy among others. The issue of the fuel subsidy removal is still lingering as it appears that the fuel subsidy has resurfaced with the new pricing arrangement from the Nigerian National Petroleum Company Limited.
The arrest was confirmed by Benjamin Hundeyin, the official spokesperson for the Lagos Police Command, who stated, "Azeez Fashola, better known as Naira Marley, has been detained for the purpose of an intensive interrogation and further investigative procedures.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nigeria@ 63: Let's reunite to rebuild, develop Nigeria — AkeredoluGovernor, Rotimi Akeredolu, has called on all Nigerians to unite with the country's leadership in the task of rebuilding the nation towards peace, progress, and development.
Read more »
Nigeria At 63: Nigeria Needs Problem-solving MeasuresFormer presidential candidate and All Progressives Congress (APC) chieftain, Mr. Gbenga Olawepo-Hashim, yesterday said the gap between expectation and reality
Read more »
Nigeria@63: Mixed reactions trail Tinubu’s anniversary speech, post-subsidy measures | The Guardian Nigeria NewsThough yesterday’s 63rd Independence anniversary had earlier been advertised to be downgraded as a low-key affair owing to the current hardship citizens were enduring, President Bola Tinubu’s broadcast to the nation where he announced that Nigerian workers...
Read more »
Rangers sack manager Beale | The Guardian Nigeria News - Nigeria and World NewsRangers sacked manager Michael Beale on Sunday after less than a year in charge of the Glasgow giants.
Read more »
Democracy’s broken promises | The Guardian Nigeria News - Nigeria and World NewsThe average Nigerian or African believes that democracy’s promises to the people have been broken. Hunger, the prevalence of official corruption, the opulent lives of government elite, and collapse of institutions testify to this belief.
Read more »
Nigeria @63: Foundation urges Nigerians to patronise made-in-Nigeria productsThe Potters Wheel Foundation (TPWF), has urged Nigerians to always patronise made-in-Nigerian goods and buy Nigerian products to promote and encourage Small and Medium Enterprises (SMEs) in the country.
Read more »