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    Pope Leo, in Cameroon, decries ‘handful of tyrants’ ravaging the world

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    Nigerian airlines threaten to halt flights over soaring jet fuel prices

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    Security expert explains why the US can destroy terrorist bases in Nigeria but not terrorism

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    60 new cosmic structures have been discovered by South Africa’s MeerKAT telescope, which is mapping previously unseen gaps between galaxies

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    Social Media as a Catalyst for the Spread of Dangerous Wealth Ritual Myths

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    Overcoming Education Barriers for Young Mothers in Sub-Saharan Africa

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    Youth Empowerment Through Vocational Training in Rural Sub-Saharan Africa

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    Manufacturers in Ghana and Nigeria claim that although corruption damages businesses, digital technologies provide a chance to combat it

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    Environmental Threats and Conservation Efforts in Namibia

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    Miriam Makeba (1932-2008): South African civil rights activist, singer and actress

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    Ahmed Sékou Touré (1922–1984): Revolutionary and First President of Guinea

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    Changamire Dombo I (1684–1695): Leader who expelled Portuguese invaders

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    Sobhuza II (1899-1982): Former Ngwenyama of Eswatini who led independence transition

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    Alpha Oumar Konare: historian, archaeologist, and former President of Mali

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    Felix Konotey-Ahulu (1930-2025): Ghanaian physician and scientist

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    Joaquim Chissano, Former President of Mozambique

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    Lopé-Okanda (Gabon)

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    The Sudd wetland

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    Khami Ruins (Zimbabwe), the capital of the Torwa state

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    Royal Palace, Porto-Novo, Republic of Benin

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    W-Arly-Pendjari Complex, the West African wildlife sanctuary

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    Gabon opposition leader and former PM Alain-Claude Bilie-By-Nze arrested

    Gabon opposition leader and former PM Alain-Claude Bilie-By-Nze arrested

    Pope Leo, in Cameroon, decries ‘handful of tyrants’ ravaging the world

    Pope Leo, in Cameroon, decries ‘handful of tyrants’ ravaging the world

    Nigerian airlines threaten to halt flights over soaring jet fuel prices

    Nigerian airlines threaten to halt flights over soaring jet fuel prices

    South Africa’s Malema faces political crisis after jail sentence in firearm case

    South Africa’s Malema faces political crisis after jail sentence in firearm case

    South Africa arrests activist Kemi Seba, wanted by Benin for ‘inciting rebellion’

    South Africa arrests activist Kemi Seba, wanted by Benin for ‘inciting rebellion’

    Nigeria orders probe and defends deadly airstrike in insurgent-held Jilli

    Nigeria orders probe and defends deadly airstrike in insurgent-held Jilli

    Kenyan court fines and jails Chinese man in ant-smuggling case

    Kenyan court fines and jails Chinese man in ant-smuggling case

    Why Julius Malema from South Africa touched a nerve in Kenya

    South African politician Malema back in court as prosecutors seek 15-year prison sentence

    DR Congo says it will receive third-country deportees under new deal with US

    DR Congo to receive first group of deportees from US this week, sources say

  • Analysis
    • All
    • Climate Change
    • Digital & Tech
    • Economy
    • Energy & Power
    • Health
    • Politics
    • Security
    • Society
    Impact of Kenya’s long-overdue new infrastructure fund may be limited by design problems

    Impact of Kenya’s long-overdue new infrastructure fund may be limited by design problems

    Why Africans Are Targeted by Recruitment Networks in the Ukraine-Russia War?

    Why Africans Are Targeted by Recruitment Networks in the Ukraine-Russia War?

    From Water Security to Geopolitical Realignment: Key Takeaways and Outcomes of the 39th African Union Summit 2026

    From Water Security to Geopolitical Realignment: Key Takeaways and Outcomes of the 39th African Union Summit 2026

    Rohingya Genocide: Why The Gambia Demands Justice at the International Court

    Rohingya Genocide: Why The Gambia Demands Justice at the International Court

    Security expert explains why the US can destroy terrorist bases in Nigeria but not terrorism

    Security expert explains why the US can destroy terrorist bases in Nigeria but not terrorism

    Africa’s informal economy taxation: the potential and drawbacks of technology

    Africa’s informal economy taxation: the potential and drawbacks of technology

    Ethiopia expects preliminary deal on IMF review within days, finance minister says

    Key events in Ethiopia’s journey towards debt restructuring

    BRICS Plus and the Shifting Global Power Balance: Implications of South Africa’s Role

    BRICS Plus and the Shifting Global Power Balance: Implications of South Africa’s Role

    African Union suspends Niger over coup, prepares sanctions; France denies report it asked Algeria to use airspace for a Niger operation

    Leaders in Africa’s human rights institutions are being elected. Why it matters

  • Studies
    60 new cosmic structures have been discovered by South Africa’s MeerKAT telescope, which is mapping previously unseen gaps between galaxies

    60 new cosmic structures have been discovered by South Africa’s MeerKAT telescope, which is mapping previously unseen gaps between galaxies

    Benin government says armed forces foil coup attempt

    Coup contagion? A rash of African power grabs suggests copycats are taking note of others’ success

    One in three South Africans have never heard of AI: what this means for policy

    One in three South Africans have never heard of AI: what this means for policy

    Social Media as a Catalyst for the Spread of Dangerous Wealth Ritual Myths

    Social Media as a Catalyst for the Spread of Dangerous Wealth Ritual Myths

    Overcoming Education Barriers for Young Mothers in Sub-Saharan Africa

    Overcoming Education Barriers for Young Mothers in Sub-Saharan Africa

    Youth Empowerment Through Vocational Training in Rural Sub-Saharan Africa

    Youth Empowerment Through Vocational Training in Rural Sub-Saharan Africa

    Manufacturers in Ghana and Nigeria claim that although corruption damages businesses, digital technologies provide a chance to combat it

    Manufacturers in Ghana and Nigeria claim that although corruption damages businesses, digital technologies provide a chance to combat it

    Environmental Threats and Conservation Efforts in Namibia

    Environmental Threats and Conservation Efforts in Namibia

    Your teachers’ level of knowledge affects how well you perform in class: perspectives from 14 French-speaking African nations

    Your teachers’ level of knowledge affects how well you perform in class: perspectives from 14 French-speaking African nations

  • Infographics
  • Figures
    Samora Machel (1933–1986): Mozambican politician and revolutionary

    Samora Machel (1933–1986): Mozambican politician and revolutionary

    Murtala Ramat Mohammed (1938–1976): Military officer and former President of Nigeria

    Murtala Ramat Mohammed (1938–1976): Military officer and former President of Nigeria

    Miriam Makeba (1932-2008): South African civil rights activist, singer and actress

    Miriam Makeba (1932-2008): South African civil rights activist, singer and actress

    Ahmed Sékou Touré (1922–1984): Revolutionary and First President of Guinea

    Ahmed Sékou Touré (1922–1984): Revolutionary and First President of Guinea

    Changamire Dombo I (1684–1695): Leader who expelled Portuguese invaders

    Changamire Dombo I (1684–1695): Leader who expelled Portuguese invaders

    Sobhuza II (1899-1982): Former Ngwenyama of Eswatini who led independence transition

    Sobhuza II (1899-1982): Former Ngwenyama of Eswatini who led independence transition

    Alpha Oumar Konare: historian, archaeologist, and former President of Mali

    Alpha Oumar Konare: historian, archaeologist, and former President of Mali

    Felix Konotey-Ahulu (1930-2025): Ghanaian physician and scientist

    Felix Konotey-Ahulu (1930-2025): Ghanaian physician and scientist

    Joaquim Chissano, Former President of Mozambique

    Joaquim Chissano, Former President of Mozambique

  • History
    The Land of Punt (modern Somalia, Eritrea, Ethiopia, or eastern Sudan)

    The Land of Punt (modern Somalia, Eritrea, Ethiopia, or eastern Sudan)

    Avenue of the Baobabs, Madagascar

    Avenue of the Baobabs, Madagascar

    Lopé-Okanda (Gabon)

    Lopé-Okanda (Gabon)

    The Sudd wetland

    The Sudd wetland

    Khami Ruins (Zimbabwe), the capital of the Torwa state

    Khami Ruins (Zimbabwe), the capital of the Torwa state

    Royal Palace, Porto-Novo, Republic of Benin

    Royal Palace, Porto-Novo, Republic of Benin

    W-Arly-Pendjari Complex, the West African wildlife sanctuary

    W-Arly-Pendjari Complex, the West African wildlife sanctuary

    Royal Court of Tiébélé, Burkina Faso

    Royal Court of Tiébélé, Burkina Faso

    Lake Tanganyika, the world’s longest freshwater lake

    Lake Tanganyika, the world’s longest freshwater lake

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Qiraat Africa
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Home News Economy

Nigeria bids to placate youth to avert looming inflation protests

July 28, 2024
Nigeria’s NNPC obtains a $3 billion loan to stabilize the foreign exchange market

NNPC Towers, Abuja Nigeria.

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Days before a nationwide protest over bad governance and a high cost of living, Nigeria is offering its young people jobs in the state-oil company and billions of naira worth of grants among other incentives to discourage the action.

Nigerian activists have been looking to emulate youth-led protests elsewhere in Africa which have rocked the government in Kenya and prompted a tough security response in Uganda.

Nigeria’s state oil firm, which seven years ago warned job seekers against falling prey to fraudulent messages about job placements in the company, published on Friday nationwide job vacancies in a post on X for the first time in nearly a decade.

An NNPC Ltd spokesperson said a flood of applications crashed the company’s website.

Nigeria’s ministry of youth development on Friday also relaunched a 110 billion naira ($70 million) youth investment fund that was started in 2020, aimed at providing grants to Nigeria’s youth to generate jobs.

Read also

Gabon opposition leader and former PM Alain-Claude Bilie-By-Nze arrested

Nigerian airlines threaten to halt flights over soaring jet fuel prices

South Africa arrests activist Kemi Seba, wanted by Benin for ‘inciting rebellion’

The youth ministry had said in May said it would revive the programme but little had been heard about it until Friday.

On Tuesday, Nigerian lawmakers passed a new minimum wage, more than doubling the amount the least paid worker will earn monthly.

Nigerians are organising online for nationwide protests next week in response to a cost of living crisis that has seen inflation rise to a 28-year-high of 34.2% which followed President Bola Tinubu’s removal of fuel subsidies and a currency devaluation.

Religious clerics, traditional rulers and other prominent Nigerians have joined the government in discouraging young people from embarking on protests slated to begin from Aug. 1, fearing Kenya-style protests will wreak havoc on the economy.

The government has sought more time to end hardships and both the police and army leadership have warned against the protests, saying they could get out of control.

Protesters have said they have a right to peaceful demonstrations, calling the government’s warnings of violence a smokescreen for a potential crackdown.

Source: Reuters
Tags: KenyaNigeriaNigerian National Petroleum Corporation (NNPC)

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