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NIGERIAN NATIONAL PETROLEUM COMPANY LIMITED CALLS ON PETROL STATIONS TO OPERATE LONGER HOURS AS A WAY TO DEAL WITH CURRENT CHALLENGES IN SUPPLY.

The Nigerian National Petroleum Company Limited (NNPCL) says fuel stations are to operate longer hours for supply and distribution of petrol, calling on fuel stations to aid availability in view of the current tight situation. The NNPC Ltd. says the turnaround period of petrol trucking is also elongated to ease the scarcity being witnessed. Executive Vice President, Downstream NNPC Ltd., Dapo Segun, said this on Monday in Abuja during a joint inspection of stations with officials of the Nigerian Midstream […]

todayJuly 9, 2024 29

Economics

PRESIDENT OF THE SENATE, SENATOR GODSWILL AKPABIO URGES ALL PARTIES TO ABIDE BY THE MINIMUM WAGE NEGOTIATION AGREEMENT.

President of the Senate, Senator Godswill Akpabio, says State governors no longer have any excuse to complain about payment of a new minimum wage if signed into law going by improvements in revenues that accrue to them monthly. Akpabio, therefore, stressed the need for all parties to the minimum wage negotiation to abide by the agreement. On her part, Minister of State for Labour and Employment, Nkeiruka Onyejeocha, said the report of a tripartite committee on the new minimum wage […]

todayJuly 9, 2024 44

Economics

FEDERAL GOVERNMENT ANNOUNCES A 150-DAY DUTY-FREE IMPORT WINDOW FOR FOOD COMMODITIES.

The Federal Government has announced a 150-day duty-free import window for food commodities as it stepped up efforts to tackle rising food inflation which had impoverished many Nigerians. The government also expressed its decision to collaborate with states to expand land cultivation across the country. Consequently, the government suspended duties, tariffs and taxes for the importation of certain food commodities through land and sea borders. Among other things, the latest directive is expected to reduce demand for forex by food […]

todayJuly 9, 2024 41

Business

NIGERIA’S DEBT-TO- GROSS DOMESTIC PRODUCT (GDP) RATIO SAYS DEBT MANAGEMENT OFFICE

The Debt Management Office (DMO), says Nigeria’s debt-to- Gross Domestic Product (GDP) ratio is within the specifications of the World Bank and International Monetary Fund (IMF) for the country’s peer group. Director-General of the DMO, Patience Oniha, said this in an interview with newsmen on Tuesday in Abuja while reacting to some media reports that the debt-to-GDP ratio of 52 per cent exceeded the World Bank/IMF’s prudential ceiling for countries in Nigeria’s peer group She explained that the prudential ceiling […]

todayJuly 9, 2024 34

Business

FEDERAL HIGH COURT IN LAGOS DIRECTS FORMER MINISTER OF HUMANITARIAN AFFAIRS, DISASTERS MANAGEMENT AND SOCIAL DEVELOPMENT, SADIA UMAR-FAROUK, TO ACCOUNT FOR N729BN.

Federal High Court in Lagos has directed the former Minister of Humanitarian Affairs, Disasters Management and Social Development, Sadia Umar-Farouk, to give details of how N729bn allegedly disbursed to 24.3 million poor Nigerians was carried out. Justice Dehinde Dipeolu of the court ruled that the ex-minister should provide a list of all the beneficiaries, including their bank details, that received the N5,000 disbursed for six months. The judge gave the orders while delivering judgment on a suit, filed by Social […]

todayJuly 8, 2024 22

Business

CHAIRMAN OF ZENITH LABOR PARTY, BARRISTER DAN NWANYANWU PRESCRIBES FREE TRANSPORTATION AS SOLUTION TO LABOUR CRISES

The Federal has been asked to adopt a more proactive action to ensure a conducive working environment for Nigerian workers. Chairman of Zenith Labor Party ,Barrister Dan Nwanyanwu while speaking with newsmen over the weekend suggested that provision of a functional transportation system for all Nigerian workers will reduce the level of agitation by them for living wages. The lawyer drew the attention of the federal government to instances where the provision of good transportation for public servants worked successfully. […]

todayJuly 8, 2024 99

General

3 FEARED DEAD AS GUN MEN ATTACK UMUAKA COMMUNITY IN IMO STATE

Unidentified gunmen, on Sunday night, opened fire on a patrol vehicle, killing three vigilance operatives and a passerby at Umuaka Community in Njaba Local Government Area (LGA) of Imo. Newsmen learnt that the incident occurred near the local Afor Umuaka Market and Hilltop Primary School at about 7:20p.m. A community leader, who pleaded anonymity, described the attack as a “devastating ambush”. The source told newsmen that the people of the community and neighbouring communities had been under siege by gunmen […]

todayJuly 8, 2024 72

Featured

KEIR STARMER EMERGES UK'S NEW PRIME MINISTER, AFTER LABOUR PARTY’S LANDSLIDE VICTORY IN UK GENERAL ELECTION.

Keir Starmer is now UK's new prime minister, after his Labour Party swept to power in a landslide general election victory. The Conservative Party suffered a huge collapse after a tumultuous 14 years in power, which saw five different prime ministers run the country. Rishi Sunak - the outgoing Prime Minister - accepted responsibility for the result and apologized to defeated colleagues during a brief statement outside a rainy 10 Downing Street. He said he would resign as party leader […]

todayJuly 5, 2024 7

General

FEDERAL HIGH COURT FIXES SEPTEMBER 18 FOR JUDGMENT IN A SUIT SEEKING THE REMOVAL OF ABDULLAHI GANDUJE AS NATIONAL CHAIRMAN OF APC.

A Federal High Court in Abuja, has fixed September 18 for judgment in a suit seeking the removal of Abdullahi Ganduje as National Chairman of the All Progressives Congress (APC). Justice Inyang Ekwo fixed the date after counsel to the plaintiff, Benjamin Davou; and lawyers to the defence adopted their processes and made their submission for and against the case. The plaintiff; the North Central APC Forum, led by Saleh Zazzaga, had filed the suit to query the propriety of […]

todayJuly 5, 2024 10

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