budgets

Japanese Retail Rice Prices Climb To Highest Level On Record

November 19, 2025 1:40 pm

Japan’s retail rice price reaches an all-time high despite a strong harvest, extending a six-week surge and deepening pressures on household budgets.

Retail rice prices in Japan have climbed to their highest level since the government relaxed emergency stockpile releases, underscoring persistent cost pressures facing households despite expectations of improved supply this year.

According to data released Friday November 14, 2025, by the Ministry of Agriculture, Forestry and Fisheries, the average price of rice sold at supermarkets nationwide reached 4,444 JPY — roughly US$28 — per 5-kilogram bag during the week ending Sunday November 16, 2025. The figure represents an …

Nigeria Budgets For Inefficient Monopolies – Wale Oluwo

October 23, 2019 11:18 am

Olawale Oluwo is a former Lagos State Commissioner for Energy and Mineral Resources who resigned his appointment at the tail end of the Lagos State Governor, Akinwumi Ambode tenure.

Oluwo, who was the speaker at the Afang Summit held recently in Lagos, a monthly gathering of men and women from all sectors of the economy organised by a Lagos based Investment Banker, Joseph Edgar, said among other things that the current Nigeria economy reality cannot drive the country to an enviable destination, that until the Nigerian government hands off sectors of the economy it has no business going into, the …

2020: Petroleum Ministry Budgets ₦42M For Sewage Disposal

October 21, 2019 5:27 am

Ministry of Petroleum Resources has budgeted a sum of ₦42,980,935 for disposal of sewage in the 2020 appropriation bill. The ministry also budgeted ₦104 million for local travel, transport and training.

This was contained in a document which gives a breakdown of the ministry’s 2020 appropriation bill obtained by newsmen.

In the proposed budget tagged: ‘Deliverables of the Next Level Agenda,’ the ministry promised to eradicate smuggling of Premium Motor Spirit (PMS) across Nigerian borders and also implement reduction of government stake in oil ventures to 40 percent.

The ministry also promised to complete gas flare commercialisation programme, and …