Early Yesterday, the Officer, FCCPC, Babatunde Irukera said his commission is planning to issue an order Putting the Association of Mobile Money and Bank Agents in Nigeria from increasing their service fee. One POs agent, a member of AMMBAN, has said the increase can not be stopped, irrespective of the kickbacks from stakeholders . The National Public Relations Officer if the Association Oluwasegun Elegbede had said the association has no intention to use the old prices , while some PoS agents under the association recently have increased the cost of PoS transaction costs and began the implementation of the new…
Author: Toba Ilori
The President Tinubu writes Senate seeking confirmation of appointments for new members of the governing board of the North East Development commission. The North-East Development Commission (NEDC), serves as the primary organisation entrusted with the crucial task of evaluating, coordinating and streamlining all intervention programs and initiatives implemented by the Federal Government, its Ministries, Departments, and Agencies (MDAs), as well as various States and other Development Partners. It bears the responsibility for the effective implementation of these programs across the North East states, which include Adamawa, Bauchi, Borno, Gombe, Taraba and Yobe.
The Federal Government, in collaboration with the Federal Competition and Consumer Protection Commission, is poised to issue an order to counter any attempts by Point of Sale agents to increase transaction charges nationwide. The Chief Executive Officer, FCCPC Babatunde Irukera, confirmed this on Wednesday. According to him, the order would be issued in a couple of hours. He pointed out that despite issuing the first advisory to the Association of Mobile Money and Bank Agents in Nigeria, which was disregarded, the government is now prepared to implement more concrete enforcement measures. Recently, PoS agents under the aegis of the Association…
After much deliberation, the Nigerian Senate has reached a resolution to abolish the age limit in job advertisement henceforth in Nigeria effective immediately. The senator representing Benue South senatorial district, Patrick Abba Moro, sponsored the motion on the floor of the Senate on Tuesday. “It is pathetic that a graduate in Nigeria who could not get a job upon graduation and decided to go back to school with the hope that a higher qualification or a second or Master’s degree could give him a better employment opportunity is thrown into a career paradox when upon completion of his Master’s, he…
The website of ngCert, the Nigeria Computer Emergency Response Team and the nation’s internet police unit operating under the Office of the National Security Adviser, is currently experiencing a significant internet downtime. A very unusual situation According to ngCERT’s founding principle, the cyber response unit “has the mission to achieve a safe, secure and resilient cyberspace in Nigeria that provides opportunities for national prosperity. As stated in ngCERT’s web records, the service of the unit is designed to proactively prepare, protect and secure the Nigerian cyberspace in anticipation of potential attacks, issues or events. These specialised services play a direct…
Despite the public outcry about the new fuel pump Price, the house of representatives have ignored the public cry instead supporting the pump price of premium motor spirit (PMS), from N537 to N617 per litre. The house said it would set up An Ad-hoc Committee to be drawn from six geopolitical zones of the Federation. Details coming…
Media owners are being advised to make preparations as the National Broadcasting Commission (NBC), announces its intention to convene a meeting with stakeholders in the broadcasting industry. The purpose of this meeting is to conduct a comprehensive review of the Nigerian Broadcasting Code. It also hinted at its plan to increase television and radio station license fees. The NBC DG, Balareba Shehu Ilelah, made this statement in a press conference in lagos on Tuesday “We’ll seek contributions from all stakeholders in the industry to review the Nigeria Broadcasting Code. We also considering upward review of broadcast licence for TV and…
The Federal Government, in collaboration with the Federal Competition and Consumer Protection Commission, will initiate sanctions against trade association members found guilty of engaging in anti-competitive practices and engaging in indiscriminate and irrational food price hikes. Babatunde Irukera, the Chief Executive Officer of the FCCPC, made this statement on Tuesday during a forum organised by the commission to address fair food prices. The forum was titled ‘Fair food prices in Nigeria: A high-level forum for better competition’. He said, “We will continue to monitor the market, and where we find that prices are excessive or find exploitative conduct, or find…
As the fuel price surged to N617 naira on Tuesday, the country is facing further hardships. GOVIMA indicates that a significant number of Nigerians have resorted to walking (trekking), due to the challenges brought about by the increased fuel costs. GOVIMA had reported that Nigerian National Petroleum Company Limited (NNPCL), CEO, Mele Kyari, linked the petrol pump price surge from N540 to N617 per litre to Market Forces. In response to the recent increase in the pump price of petrol, The Nigeria Labour Congress (NLC), expressed deep concern and stated that it was appalled by the development. Comrade Joe Ajaero,…
In light of the fuel subsidy removal and the hardships it has brought, President Bola Tinubu announced on Tuesday that his administration will reassess the plan to distribute monthly cash grants of N8,000 to 12 million households for six months. The government seeks to find the most effective ways to mitigate the impact of the subsidy removal and provide necessary support to those affected. This followed public criticism of the policy with organised labour saying it falls far from the level of intervention required to ease the pains of vulnerable Nigerians. “The President has directed that…the N8,000 conditional cash transfer…
Nigerian National Petroleum Company Limited (NNPCL) CEO, Mele Kyari, has link the petrol pump price surge from N540 to N617 per litre to Market Forces. He spoke with State House reporters on Tuesday after a meeting with Vice President Kashim Shettima at the Presidential Villa Abuja. Kyari said the increase was not based on a short supply of petrol. “They are just prices depending on the market realities. This is the meaning of making sure that the market regulates itself. Prices will go up and sometimes they will come down also. There is no supply issue. It is not…
In response to the unfortunate incident of the collapsed school building at Agbado District Comprehensive High School in Ifo, the Ogun State Government is taking proactive measures to ensure the safety of students in educational facilities. To guarantee a secure learning environment, the government has formed a committee responsible for conducting integrity tests on school buildings across the state. This initiative reflects the government’s commitment to prioritising the well-being and safety of students and educators in Ogun State. During a team inspection of the collapsed building at Agbado District Comprehensive High School (ADCHS), the Special Adviser to the Governor on…