News
Nigeria Loses $3 Billion Annually to Foreign Ankara Producers, Says Minister Musawa
Hannatu Musawa, Nigeria’s Minister of Art, Culture, and Creative Economy, has revealed that the country loses around $3 billion annually to foreign manufacturers of ankara, a popular wax print.
Speaking at the Creative Africa Nexus Weekend 2024 in Algiers, Musawa highlighted the urgent need to boost local production of fabrics like ankara to preserve Africa’s heritage and reduce reliance on imports.
She emphasized that nearly 90% of ankara consumed in Africa is imported, and called for strengthening local textile industries to reclaim the continent’s fashion narrative.
Musawa also stressed the economic potential of the fashion sector, projecting its growth to $15.5 billion by 2025, and outlined government initiatives to support the industry.
News
Nigerian Student Wins 2026 Spelling Bee World Championship
It has been reported that a Nigerian won the 2026 Spelling Bee World Championship, which was held in Shanghai, China. The winner, Chinedu Great Okdediachi, has now returned home to Delta State after his victory.
It can be noted that the student had already emerged as one of the Gold Award winners in the Middle School Group category.
“Congratulations once again, Chinedu! Your success continues to inspire young Nigerians to pursue excellence through education. Welcome home, Champion!”
The young star has made Nigeria proud by winning the international competition.
News
‘My Reforms Have Stabilised Nigeria’s Economy’ — President Tinubu
President Bola Ahmed Tinubu has stated that his administration’s economic reforms have helped stabilise Nigeria’s economy and placed the country on a path toward steady growth.
He said “My reforms have stabilised Nigeria’s economy and put it on a path of steady growth.”
The President added that the reforms are creating more opportunities for development across the country.
However, many Nigerians reacted online, with some questioning the impact of the reforms and saying they have yet to experience the positive effects.
News
Nyesom Wike Says He Knows Civil Servants Don’t Like Him
Nigerian politician and FCT Minister, Nyesom Wike, has said that he is aware many civil servants do not like him.
He shared that he understands why he is unpopular among some civil servants, explaining that funds previously spent on unnecessary conferences are now being redirected to road construction projects.
He said “Some people say conferences for corruption and I say what is that? You are going for conferences to do what? These are ways government funds are being diverted. I say put this money in this road here and the people will get the impact.”
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