poor

ASUU laments poor economy, low education budget

The Academic Staff Union of Universities has said successive governments have surrendered Nigeria to Europe, America and Asia since 1976, which was responsible for the “continued depletion of the economy.”

It added that others controlling Nigerians were the World Bank, International Monetary Fund, African Development Bank and World Trade Organisation.

ASUU added that policies on enhanced quality, access and affordability of education at all levels had been abandoned.

ASUU stated these in a communique issued at the end of its national summit at the Abubakar Tafawa Balewa University, Bauchi, with the theme, ‘Nigeria: The state of

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COVID-19, poor economy trigger low investment in warehousing | The Guardian Nigeria News


Except the Federal Government reviews its economic policies, increase manufacturing activities and provide conducive environment for export, Nigeria’s industrial warehouse space may continue to nosedive, stakeholders have warned.

They said poor state of the economy, which worsened following insecurity in the country, rising exchange rates and outbreak of COVID-19 necessitated the growth of logistic firms and shift in demand for industrial to commercial and medium-size warehouses by investors.

A recent real estate report by Ubosi, Eleh and Company showed that the demand for warehouse around several cities in the country is not expected to increase despite the sustained growth in

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