Otti to build another gov’t house, convert one built by Ikpeazu to five-star hotel

The Abia State Government has announced plans to convert the newly constructed Government House, built by the immediate past Governor, Okezie Ikpeazu, into a five-star hotel. The decision was made public by the Commissioner for Information, Prince Okey Kanu, following a tour of the three-storey complex. Kanu described the structure as “uninhabitable and a security … [Read more…]

Lagos gov’t vows action on unjust rent hikes by Landlords

The Lagos State Government has strongly criticised landlords and property agents who are exploiting residents by imposing unjustifiable increases in house rents. The government has pledged to take action to protect tenants from these exploitative practices. The Special Adviser (Housing) to the Lagos State Real Estate Regulatory Authority, Barakat Bakare, on Saturday, expressed the government’s … [Read more…]

Borno Governor bans sale of petrol in Bama LGA due to insecurity

Borno State Governor Babagana Zulum has banned the sale of petrol in filling stations across the Bama Local Government Area. Other places affected include Bama and Banki towns. The order, which takes immediate effect, followed his discussions with security agencies as part of ongoing efforts to address security challenges in the area. The governor’s spokesperson, … [Read more…]

In Anambra Tinubu Pledges to Tackle Erosion, Reactivate Gas Plan, Integrate State into National Rail System

President Bola Tinubu pledged on Thursday in Awka to address key developmental challenges confronting Anambra State and the Southeast region. These include erosion, underutilisation of gas reserves and Anambra’s exclusion from the National Rail Master Plan. Speaking at a civic reception held at Alex Ekwueme Square during his state visit, President Tinubu assured the people … [Read more…]

Enugu CP, Giwa announces arrest of 288 suspects, release of 36 abducted victims, recovery of 20 vehicles, 173 ammunitions, others, in 2 months

…Harps on professional policing Doris Ewoh, Enugu The Enugu State Commissioner of Police, CP Mamman Bitrus Giwa, has revealed that within 2 months of assumption of office as the Enugu State Commissioner of Police, the command has arrested 288 suspects, secured the release of 36 abducted victims, recovered 20 vehicles, 173 ammunitions and 44 firearms … [Read more…]

IMF confirms full repayment of $3.4 billion loan by Nigeria

The International Monetary Fund (IMF) has confirmed that Nigeria has fully repaid the $3.4 billion financial support it received under the Rapid Financing Instrument (RFI) to cushion the economic impacts of the COVID-19 pandemic. In a statement sent to journalists on Thursday on behalf of Mr Christian Ebeke, the IMF’s Resident Representative for Nigeria, the … [Read more…]

Senate passes two remaining tax reform bills

The Senate has passed the final two of the four major tax reform bills, completing clause-by-clause consideration as it aims to modernise Nigeria’s tax administration framework. During Wednesday’s plenary, lawmakers began deliberation on the reports of the four executive-sponsored tax bills, successfully passing two and deferring the remaining two to Thursday. However, all four have … [Read more…]