Five days after the Deposit Money Banks (DMBs) began dispensing the newly-redesigned naira notes, depositors are lamenting the scarcity of fresh currency, as banks have continued to dish out the old notes slated to be binned by January 31, 2023. Against this backdrop, bank customers are querying the rationale behind having more of the old … [Read more…]
AS Nigeria grapples with mass migration of medical personnel to Europe and North America, the same may soon be witnessed in the education sector as the United Kingdom begins employment of qualified Nigerian teachers from February next year. Currently, 350,000 Nigerian teachers are qualified for such employment from a pool of 1.5 million. Already, the … [Read more…]
The federal government has disclosed that the much-anticipated development blueprint, Agenda 2050, was being finalised for launch, with a target of catapulting Nigeria into a $12 trillion gross domestic product (GDP) economy in the next 17 years. The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, made the disclosure in a keynote address … [Read more…]
The Federal Government has berated an international media organisation, Reuters, over a report about the Nigerian Army’s involvement in a mass abortion programme. According to Reuters, the Nigerian Army operated an unlawful, systematic, and covert abortion operation since at least 2013. The Minister of Information and Culture, Lai Mohammed, while speaking at an event in … [Read more…]
The Nigeria Extractive Industries Transparency Initiative (NEITI) has thrown its weight behind the decision of the federal government to set up a ‘Special Investigative Panel on Oil Theft and Losses in Nigeria’, noting that oil theft has robbed the country a whopping $46.16 billion in revenue between 2009 and 2020. NEITI in a statement described … [Read more…]
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has dismissed the 48-hour ultimatum issued by the Department of State Services (DSS) for oil marketers to make petrol available for Nigerians as inconsequential. PETROAN Chairman, System 2E, Eastern Zone, Sunny Nkpe, who said this during Channels Television’s Sunrise Daily programme on Monday, tasked the … [Read more…]
The Enugu State House of Assembly has commended Governor Ifeanyi Ugwuanyi for rising to the task of routing pockets of insecurity situations in the state. The Assembly also alleged that there was possible sabotage from external factors against the efforts of the state government in tackling traces of insecurity in the state, and urged the … [Read more…]
Protesters, yesterday, barricaded the entrance of the National Assembly and called on lawmakers to support the Central Bank of Nigeria (CBN) cashless policy and currency redesign. The agitators under the umbrella of Initiatives for Patriotic Nigerians argued that the new policy would stabilise exchange rate and promote free and fair elections. The Convener, Abubakar Kurawa, … [Read more…]
Frank Nweke Jr, the governorship candidate of the All Progressives Grand Alliance (APGA) in Enugu State, on Thursday reiterated his commitment to leverage the agricultural advantage of the region to boost economic transformation. He said this while assuring the people of Adaba Community in Uzo-Uwani Local Government Area that the needs they had enumerated to … [Read more…]
The Economic and Financial Crimes Commission (EFCC) is investigating petitions against top Nigerian politicians. Chairman of the agency, Abdulrasheed Bawa, stated this when he appeared on the Ministerial Media Briefing organised by the Presidential Communications Team at the Presidential Villa, Abuja, yesterday. He said the Petitions Vetting Desk/Committee of EFCC made up of experienced officers … [Read more…]
The Army Council Thursday approved the promotion of 122 officers to the ranks of Brigadier Generals and Major Generals. The council after it’s sitting in Abuja, ratified the promotion of seventy Colonels to the ranks of Brigadier General and 52, Brigadier Generals to the ranks of Major Generals. Director army public relations Brigadier General Onyema … [Read more…]
Frank Nweke Jr, the governorship candidate of the All Progressives Grand Alliance, on Tuesday spoke about his plans to honour the legacy of Michael Okpara, Premier of Eastern Nigeria in the First Republic, from 1959 to 1966, and create a system that produces more leaders like him. He said this while engaging members of the … [Read more…]