Gulf War: Food Insecurity Looms in Nigeria, Other African Countries, IMF Warns Urges deepening intra-African trade Report: War, drought, aid shortfall to fuel hunger in 2026
Nume Ekeghe
The International Monetary Fund (IMF) has warned that
food insecurity could worsen sharply across Nigeria and other
African countries in the wake of economic disruptions triggered
by the Gulf War, casting a shadow over the region’s
FG Increases Civil Servants’ Allowances...
recent recovery gains. Continued on page 5
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Saturday April 25, 2026 Vol 31. No 11339
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Sanusi Questions FG’s Rising Borrowing After Subsidy Removal, Demands Fiscal Discipline Says poor policy coordination blighting reform gains Insists 100% revenue-to-debt service unsustainable for Nigeria Otti attributes economic hardship to decades of poor leadership, low voter turnout
Chuks Okocha in Abuja and Sunday Ehigiator in Lagos
The Emir of Kano, Muhammadu Sanusi II, has issued a strong warning over Nigeria’s fiscal direction,
cautioning that continued borrowing in the aftermath of fuel subsidy removal could undermine the intended gains
of ongoing economic reforms. Sanusi spoke at the 5th annual lecture organised by TheNiche in Lagos.
He said the removal of fuel subsidies was expected to free up significant fiscal space. Still, he questioned
why this has not translated into reduced borrowing or visible
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Nigeria’s Stock Market Defies Geopolitical Tension, Gains N16.13trn in 24 Days Oyedele pledges to sustain reforms FG introduces new vehicle tax July 1
ALIKO DANGOTE EMERGES NIGERIAN ACADEMY OF ENGINEERING FELLOW...
Story on page 5
L-R: Group Executive Director, Dangote lndustries Limited, Alhaji Abdu Dantata; Son-in-law to Dangote, Alhaji Alhassan A. Dantata; Group Executive Director, Commercial Operations, Dangote lndustries Limited, Fatima Aliko-Dangote; Executive Director, Operations, Dangote Sugar Refinery Plc, Mariya Dangote; President/CE, Dangote lndustries Limited/ Honorary Fellow of the Nigerian Academy of Engineering, Alhaji Aliko Dangote; Group Managing Director, Arco Group Plc/Honorary fellow, Mr. Alfred Okoigun and President, Nigerian Academy of Engineering, Prof. Rahamon Bello, during the induction ceremony of Aliko Dangote as Honorary Fellow of the Nigerian Academy of Engineering at the Lagos Continental Hotel…yesterday PHOTO: ABIODUN AJALA