President Bola Ahmed Tinubu has directed a review of the proposed N8,000 conditional cash transfer program which is aimed to provide assistance to vulnerable households affected by the recent removal of petrol subsidy. In a statement by the President’s Special Adviser Dele Alake, it was stated that the Concerns and misconceptions surrounding the program have … [Read more…]
Nigeria Labour Congress, NLC, has rejected the new regime of pump price of fuel announced, describing it as provocative and designed to worsen the poverty level and hardship Nigeria are passing through. NLC, in a statement by its President, Joe Ajaero, said; “We woke up this morning (Tuesday) to the news that NNPCL has increased … [Read more…]
The Nigerian National Petroleum Company Limited (NNPCL) on Tuesday attributed the rise in the petroleum pump prices in the country to ‘market forces’. The NNPCL Group Chief Executive Officer, Mele Kyari, disclosed this while speaking to journalists after a closed-door meeting with Vice President Kashim Shettima at the State House in Abuja. Mr Kyari said … [Read more…]
Governor Umo Eno of Akwa Ibom State has warned politicians trooping to Government House, Uyo, to stop. Addressing some stakeholders, the governor said uninvited guested have been distracting him. He said in the end, the people will not assess him on the basis of the number of visitors he received in government house. A video … [Read more…]
Presidential candidate of the African Democratic Congress (ADC), Dumebi Kachikwu, has said the government of President Bola Ahmed Tinubu did not start on a good note. During an ARISE TV interview, the politician gave his take on the N8,000 palliative the government is planning to share to poor Nigerians to cushion the effects of subsidy … [Read more…]
The Federal Government has confirmed the first case of Anthrax in Nigeria after disclosing on Monday that the disease was detected in a farm in Niger State. Making this known in a statement on Monday, the Federal Ministry of Agriculture and Rural Development said that it “is deeply concerned to announce the confirmation of an … [Read more…]
The price of Premium Motor Spirit (PMS) popularly known as petrol has risen amid the continued decline of the naira and growing inflation in the country. Nigerians woke up on Tuesday to realise that the price of petrol had been adjusted at fuel stations across the country, including those of the Nigeria National Petroleum Company … [Read more…]
…adjourns NEC meeting The Deputy National Chairman (North) of the All Progressives Congress (APC), Senator Abubakar Kyari, has emerged as the party’s National Chairman. Kyari succeeded Senator Abdullahi Adamu as the party’s chairman after a National Working Committee (NWC) meeting in Abuja on Monday. Briefing reporters after the NWC meeting, Kyari formally announced the resignation … [Read more…]
Chetanne Chinelo, Enugu Police Operatives of the Enugu State Police Command have arrested one (1) male suspect and a member of the criminal gang, alleged to have attacked and murdered one Duhu Nelson Sylvester Nnacheta. In a statement released by the command’s PPRO, DSP Daniel Ndukwe, the deceased also known as Ofunwa, Male, identified as … [Read more…]
Senator Abdullahi Adamu was absent as members of the All Progressives Congress (APC)’s National Working Committee (NWC) met in Abuja on Monday. The APC NWC meeting, held at the party secretariat in Abuja, was presided over by the APC Deputy National Chairman (North), Abubakar Kyari. The APC NWC meeting and Adamu’s absence come amid his reported … [Read more…]
…Sets cumulative tenure limit of directors of the same bank to 24 years The Central Bank of Nigeria (CBN) has increased the tenure of the Managing Director/Chief Executive of banks to a maximum of 12 years from 10 years. This was disclosed in a circular on the new, “Corporate Governance Guidelines for Commercial, Merchant, Non-interest … [Read more…]
Senator Abdullahi Adamu, former National Chairman of the ruling All Progressives Congress (APC), has broken his silence. Ever since news of his resignation broke at the weekend, the founding member of the ruling party has maintained sealed lips. But when contacted, Adamu told Daily Trust that he would not comment on the matter until President … [Read more…]