News
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Electricity tariff hike imposed by IMF, World Bank – Falana
Human rights lawyer, Femi Falana, said the Federal Government is working in the interest of the International Monetary Fund (IMF) and the World Bank following a hike in electricity tariff. Falana stated this in an interview on Channels Television’s Politics Today on Monday. He said, “The Honourable Minister of Power is acting…
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Senior citizens must be prioritised in dev’t plan — FG
Minister of Budget and Economic Planning, Senator Atiku Bagudu, has stressed the need to capture the yearnings and aspirations of senior citizens in the National Development Plan. Bagudu said this at a one-day capacity enhancement workshop for state commissioners and Directors of Social Welfare on the domestication of National Senior…
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Governor Obaseki announces N70000 new minimum wage for workers
The Governor of Edo State, Godwin Obaseki, has approved a new minimum wage of N70,000 for civil servants in the state. The governor made the announcement while commissioning the new Labour House in Edo state today April 29. According to him, the new wage comes into effect on May 1st,…
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Removing fuel subsidy saved Nigeria from bankruptcy — Tinubu
President Bola Tinubu said, on Sunday, that Nigeria would have gone bankrupt if his administration had not discontinued fuel subsidy payments. He said though the policy came with economic pains, it was in the best interest of Nigerians. Tinubu spoke at the Special World Economic Forum in Riyadh, Saudi Arabia.…
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JAMB set to release 2024 UTME results
The Joint Admissions and Matriculation Board has concluded plans to release the results of the 2024 Unified Tertiary Matriculation Examination. JAMB Registrar, Prof. Ishaq Oloyede, is scheduled to hold a press briefing in Abuja on Monday regarding the release of the results and related matters, as indicated in a notice…
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Naira rebounds to 1,275/$ at parallel market
The naira has demonstrated signs of strengthening against the United States dollar, appreciating by N125 to reach N1,275/$1 over the weekend. The new rate represents a 9.8 per cent increase when compared to N1,400 to a dollar it traded at the close of trading activity on Friday. This came as…
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Oluwo of Oyo files petition against Basorun over alleged criminal conspiracy, threat to life
The Oluwo Alaafin of Oyo, Chief Ikusaanu lfaleye lyanda, has filed a petition against the Basorun of Oyo, High Chief Akinade Ayoola, over alleged criminal conspiracy, threat to life and conduct likely to cause the breach of peace in oyo town, Oyo State. The petition, signed by the lawyer to…
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N5.2trn debt: FG recovers N57bn from 10 MDAs
The Federal Government has recovered the sum of N57 billion out of the N5.2 trillion liabilities owed the Federal Inland Revenue Service (FIRS) by various Ministries, Departments and Agencies (MDAs). The Permanent Secretary, Special Duties, Federal Ministry of Finance Mr. Okokon Udo disclosed this, yesterday, at the sensitisation workshop on Federal…
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Hardship: Sanwo-Olu launches Eko Cares Intervention for 500,000 Lagosians
GOVERNOR Babajide Sanwo-Olu of Lagos State, yesterday, flagged off a socio-economic intervention programme, tagged Eko Cares Initiative, aimed at addressing the economic challenges in the country. The first phase of the programme has been designed to take care of over 500, 000 households as beneficiaries. Beneficiaries of the scheme cut…
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Vaccines save over 50m lives in Africa in 50 years – WHO
An estimated 51.2 million lives have been saved through vaccines in the African region over the past 50 years. For every infant life saved over the period, close to 60 years of life are lived, according to a new report by the World Health Organization, WHO. Disclosing this in the…