Nigeria’s Federal Government has increased the 2024 budget proposal from the initial N26 trillion to N27.500 trillion to meet present economic realities. It also revised the Medium Term Expenditure Framework, MTEF and Fiscal Strategy Papers, FSP, which initially had N700 per dollar as exchange rate to N750 per dollar, while oil benchmark was reviewed from the initial … [Read more…]
An Appeal Court sitting in Lagos State on Tuesday dismissed the petition filed by the governorship candidate of the All Progressives Congress (APC) in Rivers State, Patrick Tonye-Cole, against Governor Siminalayi Fubara of the Peoples Democratic Party (PDP) and the Independent National Electoral Commission (INEC). The APC candidate, who was present in the courtroom on … [Read more…]
A SPEECH DELIVERED BY HIS EXCELLENCY: DISTINGUISHED SENATOR WABARA, ADOLPHUS N., PH.D. AT THE 3RD EDITION OF FRONTIER DISCOURSE, AN ANNUAL PUBLIC LECTURE SERIES AND AWARD. THEME: POST SUBSIDY ECONOMY EXPLORING BOLD INITIATIVES FOR ECONOMIC RECOVERY IN NIGERIA, ON 18TH NOVEMBER, 2023. Your Excellences, Distinguished guests, Ladies and gentlemen, I stand before you today to … [Read more…]
The Nigeria Civil Aviation Authority (NCAA) has commenced investigation into the circumstances surrounding the diversion of a Lagos-Abuja bound flight to Asaba on Sunday. To this end the authority has suspended the operations of two wet-leased aircraft in the fleet of the airline. It was learnt that the suspension was communicated to the airline via … [Read more…]
With plans by the Central Bank of Nigeria (CBN) to introduce a new capital base for deposit money banks in Nigeria, economists have cautioned the apex bank from making some mistakes made during the last recapitalisation of commercial banks in the country. The Founder of Centre for Promotion of Private Enterprise, Muda Yusuf; and Prof Segun … [Read more…]
1. The attention of the Federal Ministry of Works has been drawn to the concerns of the public on the deplorable situations of some sections of the Federal roads throughout the Federation as reported in many media platforms, especially social media, the front page, pages 4,5,6 and 14 of the publication of Sun Newspaper of … [Read more…]
The Nigerian Senate has begun the process of reviewing and modifying the Cybercrime (Prohibition and Prevention) Act of 2015 with a view to taming cybercriminals and reducing the losses to online crimes estimated at over $500 million per year by the Nigerian Communications Commission (NCC). The Senate President Godswill Akpabio, during a recent public hearing … [Read more…]
SPEECH DELIVERED BY HIS EXCELENCY, BARR IFEANYI OSSAI, DEPUTY GOVERNOR, ENUGU STATE ON THE OCCASION OF THE THIRD FRONTIER DISCOURSE ANNUAL PUBLIC LECTURE SERIES AND AWARDS TAGGED “THE POST SUBSIDY ECONOMY – EXPLORING BOLD INITIATIVES FOR ECONOMIC RECOVERY IN NIGERIA” ORGANISED BY PACESETTER FRONTIER MAGAZINE ON SATURDAY NOV 18. 2023 AT HOTEL SUNSHINE PRESIDENTIAL ROAD … [Read more…]
There was widespread jubilation over the weekend in Igbo Etiti West in Enugu State as the Court of Appeal sitting in Lagos set aside the judgement of the Enugu State Election Petition Tribunal which had nullified the election of Williams Amuka of the Labour Party. In a unanimous judgement delivered and presided over by Hon. … [Read more…]
The Chief Justice Nigeria (CJN), Justice Olukayode Ariwoola, has reiterated the judiciary’s determination not to be overwhelmed by the sentiments of the “mob” in their decisions. Following the rulings on electoral disputes, which led to the sacking of some governors and lawmakers, many have accused judges of bias. But speaking at the opening of the … [Read more…]
…Nigeria Has The Potential to Become a Major Player in the Global Economy – Enugu State Deputy Governor Barr. Ifeanyi Ossai …Nigeria’s Post Subsidy Economy not viable without combating corruption, nepotism – Ike Neliaku …We cannot have answers from outside, we must develop answers from inside – Msgr. Prof. Obiora Ike …We must do away … [Read more…]
…calls for calm while reassuring maximum protection of citizens’ rights Following the receipt of social media reports alleging the unprofessional conduct of some police officers in Nsukka town, the Enugu State Command’s Commissioner of Police, CP Kanayo Uzuegbu psc (+), has ordered the Deputy Commissioner in-charge of the State CID Enugu, to immediately commence a … [Read more…]