Akim Market Inferno: Suspected Electric Spark Destroys Businesses In Calabar
The impact becomes even more troubling when placed in recent context. This incident marks the second major fire-related disaster in Calabar within one week, following a gas station explosion in Calabar South LGA that reportedly injured dozens and destroyed properties worth billions.
From ₦87 Trillion to ₦153 Trillion: Tinubu’s Debt Explosion with Zero Impact — By Darlington Okpebholo Ray
The administration may attempt to deflect by attributing part of the debt surge to exchange rate fluctuations and the securitisation of so-called Ways and Means advances. However, such explanations only scratch the surface. The reality remains that Tinubu’s economic decisions, particularly the abrupt devaluation of the naira, have significantly inflated Nigeria’s external debt in local currency terms. This is not an accidental outcome, but a direct consequence of policy choices that lacked adequate safeguards for economic stability.