The report detailed that poverty reduction has remained stagnant since 2015, with more Nigerians sliding into poverty over time.
Like Azman Air, the suspension by Air Peace of its operations, follows Saturday attack on the Kaduna airport by armed bandits.
The lawmakers asked why decisive actions are yet to be taken against bandits’ months after being declared terrorists.
“The management of Azman Air will like to inform the general public that we will be halting our operations into Kaduna airport.”
“There are about 90 million unemployed youths in the country and the majority of them obtained their degrees but without jobs.”
Nigerian coins have overtime lost their value due to the Naira’s depreciation and rising inflation.
The report disclosed that the U.S. dollar depreciated by sixfold over the past 50 years, dropping to $0.14 in 2022.
The president’s scheduled visit to Lagos is coming after he arrived in the country on Friday, following a medical trip to London on March 6.
The bank advised customers to consider its digital banking options for any transactions beyond its new operating hours.
“Why are we paying taxes if our security agencies can’t stop this?” Mr Elumelu asked.
