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The Ogun State Government in a move to reduce rising food costs has placed a ban on all forms of market levies as part of upcoming initiatives to contemporary pricing. Ogun State Governor, Prince Dapo Abiodun disclosed the plans to introduce a price control mechanism in the state on Thursday during a meeting with market ...
The Federal Government yesterday inaugurated the Technical Sub-Committee tasked with developing the framework for the sale of crude oil to local refineries in Naira. The committee was inaugurated by the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun in his office in Abuja. Speaking, Edun said the inauguration of the committee ...
...Exports rise by 201% in one year as crude oil dominates ...Tax collection hits N2.47trn, up 150 percent in Q2, 2024 By Seun Ibiyemi Nigeria recorded a trade surplus of N6.95 trillion in the second quarter of 2024, according to a report released by the National Bureau of Statistics (NBS) on Wednesday. This surplus marks ...
...As Minister meets investors in Lagos Following months of comprehensive planning, the Federal Government has unveiled details of its bold and strategic plans to generate at least $100 billion and create over two million jobs from Nigeria’s creative economy yearly. The Government’s plan was unveiled Wednesday September 11, 2024 by the Honourable Minister of Art, Culture and ...
Toeing the same path as its counterpart in Lagos State, the Ogun State Government has approved two days off duty per week for officers on Grade Level 01-14, while officers on Grade Level 15-17 are to maintain one day off duty per week. A statement by the State Head of Service, Mr. Kehinde Onasanya said ...
By Barth Ndubuwah, Port Harcourt The Chief of Defense Staff (CDS), Gen. Christopher Musa has given troops of the Nigerian Army, Air Force and Navy up to December, 2024 to ensure the improvement of crude oil production from 1.35m Barrels Per Day (BPD) to 2.2m barrels. Gen. Musa gave the charge while inaugurating members of ...
…Says investigations completed, prosecutions to begin imminently The Economic and Financial Crimes Commission (EFCC) has revealed that it will soon prosecute senior executives and officials in Nigeria’s banking sector over allegations of financial crimes. EFCC Chairman, Olanipekun Olukoyede, disclosed this during the 17th Annual Banking and Finance Conference organised by the Chartered Institute of Bankers ...
The Nigerians in Diaspora Commission (NiDCOM) has issued a stern warning to Nigerians against seeking dangerous migration routes in search of “greener pastures.” This warning follows a viral video showing Nigerians stranded in Libya, pleading for evacuation assistance. NiDCOM addressed the issue in a statement on Tuesday, noting that the video will be investigated and ...
...As over 200 inmates escape prison ...Tinubu, Shettima, pledge to fix ailing infrastructure, condole with affected communities ...NEDC, other emergency agencies vow to assuage hardship By Rauf Oyewole and Othman Yahaya Residents of Maiduguri, Borno State, and surrounding areas are grappling with the aftermath of a catastrophic flood that has wreaked havoc across the North ...
…Maritime workers union condemn arrest, may shut down seaports …TUC condemns arrest as ‘clear violations’ of democratic rights, demands immediate release …Ajaero’s arrest not connected to police invitation — Falana …PDP accuses Tinubu of using security operatives to silence critics By Our Correspondents A stormy showdown is brewing between the Nigeria Labour Congress (NLC) and ...
…As Amnesty Int’l accuses Tinubu of gagging dissenting voices, calls for end to harassment …Activist condemns attacks, describes Tinubu as ‘General of Facism’ Outrage and condemnation have trailed the violent raid on the office of the Socio-Economic Rights and Accountability Project (SERAP) by operatives of the Department of State Services (DSS). Human rights lawyer, Femi ...
The Nigeria LNG Nigeria’s Prize for Science has clocked 20 years of rewarding excellence in scientific breakthroughs and honouring scientists from anywhere in the world who help find solutions to a local or ‘Nigerian’ problem. The Prize is an annual prize aimed at stimulating the advancement and application of science and technology. It is expected ...
The Federal Government has signed a Memorandum of Understanding (MoU) with two Chinese companies, China Civil Engineering Construction Corporation (CCECC) and Sinomach-He, for a $1 billion (N1.6 trillion) iron ore-to-steel project in Kogi State. This initiative aims to promote local value addition in the solid minerals sector, marking a significant step in Nigeria’s drive towards ...
…Opens tickets for all qualified Nigerians The Labour Party (LP) has announced that it will not give automatic tickets to Peter Obi and Alex Otti for the 2027 presidential and gubernatorial elections, respectively. This decision was made known during a press briefing by the party’s National Executive Committee (NEC) on Monday. The party said that ...
The Attorney-General of the Federation (AGF) and Minister of Justice, Lateef Fagbemi (SAN), has hinted at a possible constitutional review to exclude corrupt leaders from getting a presidential pardon. The AGF revealed this at a one-day roundtable organised by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) in Abuja on Monday. The ICPC ...
…Says policies will endanger livelihoods, Nigeria’s already fragile economic stability …Reverse petrol price increase within 48 hours, or face legal action — SERAP tells Tinubu …Save Nigerians from crushing hardship — APC chieftain begs Tinubu …Nigeria has too many ministries, needs slimming down — Tafawa-Balewa By Sodiq Adelakun Former Vice President Atiku Abubakar has strongly ...
By Adeyanju Esther The National Drug Law Enforcement Agency (NDLEA) has intercepted shipments of cocaine and pharmaceutical opioids hidden in sanitary pads and hair treatment cream containers, destined for the United Kingdom, Ireland, and Cyprus at three courier companies in Lagos. Director of Media and Advocacy at NDLEA Headquarters in Abuja, Femi Babafemi, announced this ...
The Abia State government has sought the expertise and participation of the Nigerian Content Development and Monitoring Board (NCDMB) in developing the state’s industrial park. This was disclosed when the Governor, Dr Alex Otti invited the NCDMB team led by the Executive Secretary, Engr. Felix OmatsolaOgbe for a meeting at the Government House, Umuahia last ...
As part of ongoing activities to commemorate its 75th anniversary, Africa’s Global Bank, United Bank for Africa (UBA) Plc, has rewarded 30 loyal customers with over N17 million in the just concluded draw for August. The winners were announced following a transparent draw conducted on Friday, August 31, 2024, at the bank’s headquarters, which was ...
Governor Ademola Adeleke of Osun State has disclosed that his administration is positioning Osun state to be the agro-industrial hub of Southern Nigeria. Speaking at the 60th birthday of the wife of the former Senate President, Mrs Bukola Saraki yesterday in France, Adeleke declared that the state is now ready for transition to an agro-industrial ...
By Matthew Denis The Special Assistant to President Ahmed Tinubu on Media and Publicity, Chief Ajuri Ngelale has resigned his position on medical grounds. This is contained in a statement he signed and made available to the office of Chief of staff to Mr. President, Hon. Femi Gbajabiamila last night. The statement reads " On ...
The National Emergency Management Agency (NEMA) has issued a crucial advisory for states in the central and southern regions of Nigeria, urging them to prepare for potential floods due to rising water levels in River Benue and River Niger. This warning follows recent floods that have severely affected numerous communities. In its statement, NEMA emphasised ...
By Sodiq Adelakun The Lagos State Government has signed a Memorandum of Understanding (MoU) with the Ministry of Finance Incorporated (MOFI) and China Harbour Engineering Company (CHEC) to bring the ambitious Green Line Metro project to life. Governor Babajide Sanwo-Olu made the announcement on Thursday on his official X, formerly Twitter, handle highlighting the transformative ...
