The tragic chopper crash in California, USA, claiming the lives of prominent Nigerians, including Herbert Wigwe, Group Chief Executive Officer of Access Holdings, has prompted swift action from the Nigerian government. Confirming the beginning of discussions with the United States government, the Federal Government revealed its commitment to supporting the investigation into the crash. The Nigerian Safety Investigation Bureau (NSIB) has initiated talks with the National Transportation Safety Board (NTSB) of the United States in alignment with international aviation protocols. Captain Alex Badeh, Director-General of NSIB, affirmed Nigeria’s engagement under Chapter 5, Subsection 27 of the International Civil Aviation Organization’s…
Author: Editor Francis
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The Auditor-General of the Federation, Shaaka Chira, has formally requested clarification from the Central Bank of Nigeria (CBN) regarding the disappearance of a $4.5 billion fund. The inquiry stems from an audit report issued by the Office of the Accountant General, revealing a significant discrepancy in Nigeria’s foreign reserves during the years 2018 and 2019. According to the report, Nigeria’s foreign reserves, which amounted to US$42,594,842,852.75 in December 2018, experienced a notable decline to US$38,092,720,200.72 in 2019. This reduction indicates an unaccounted-for sum of US$4,502,122,652.03. The audit report highlights that this breach occurred amidst the backdrop of the COVID-19 pandemic…
In honor of Black History Month, USAID acknowledges the profound impact of African American artists on American culture and history. Under the theme “African Americans and the Arts,” the agency highlights the pivotal role played by Black poets, actors, authors, and musicians in shaping the nation’s narrative and inspiring progress towards a more just and equitable society Administrator Samantha Power emphasizes USAID’s commitment to fostering diversity and inclusion within the organization. Recognizing the need for greater representation, USAID is actively working to recruit and retain staff that reflects the diversity of America. Efforts include initiatives like the Payne Fellowship, aimed…
The International Monetary Fund (IMF) has recommended that the Bola Tinubu-led administration in Nigeria phase out electricity subsidies entirely, despite the ongoing challenges faced by Nigerians following the removal of fuel subsidies in May 2023. In its recently published ‘Post Financing Assessment (PFA)’ report, the IMF emphasised that the federal government had stretched its resources, advising for the complete removal of both fuel and electricity subsidies as a means to restore macroeconomic stability. The IMF’s suggestion aligns with the government’s own acknowledgment late last year that electricity subsidies from January to September 2023 amounted to N375.8 billion, with consumers paying…
Nurses affiliated with the National Association of Nigeria Nurses and Midwives, Abuja chapter, staged a protest on Monday against the recent verification certification guidelines issued by the Nursing and Midwifery Council of Nigeria. Expressing dissatisfaction with what they perceive as restrictions on their career advancement opportunities, the nurses demanded that the council prioritise concerns such as welfare, salary scale, staff shortages, and other rights.The demonstration, observed by newsmen, took place at the NMCN’s office in Abuja. Recall that the Nursing and Midwifery Council issued a circular on February 7, 2024, revising the guidelines for certificate verification requests for nurses and…
Shell Petroleum Development Company of Nigeria Limited has announced the successful completion of a significant crude oil supply operation to the Port Harcourt Refining Company Limited. This endeavour marks a pivotal step towards the Federal Government’s commitment to enhancing domestic refining capacity and ensuring greater accessibility to petroleum products within the nation. In a statement released by Abimbola Essien-Nelson, Shell Nigeria’s Media Relations Manager, it was revealed that over 475,000 barrels of crude oil were delivered to the Port Harcourt Refining Company Limited through Shell’s Bonny Oil & Gas Terminal. The resumption of supply comes after a hiatus of more…
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Residents of Lagos have expressed concerns over the increasing cost of condoms in the country, fearing it could lead to a surge in unsafe sex practices and unintended pregnancies, according to a report by NAN. Various brands of condoms, known for their quality, durability, comfort, and protection, are popular among Nigerians, including Durex, Fiesta, Kiss, Rough Rider, and Gold Circle. However, recent checks at pharmacies in Lagos revealed price hikes ranging from 50 to 200 percent compared to rates in 2023. Felix Atuche, a banker, highlighted the financial strain caused by the rising prices, leading some individuals to consider alternative…
This is not the best of times for Nigerian families, who have had to adopt bizarre cost-cutting measures to cope with the recent hardship occasioned by the dramatic hike in the prices of goods and services. Several of them lamented that their income could no longer take care of their daily needs, adding that the prices of staples had almost tripled in the market. Rice, which is arguably one of the commonest consumed staples in the country, has risen to N77,000 per bag. In December, the National Bureau of Statistics stated that the country’s inflation rate hit a 27-year high…