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…
Author: Editor Francis
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…
The price of fuel has now increased to N617 per litre, marking a significant shift from its previous rate of N539. GOVIMA confirms this. The specific cause remains uncertain, but it appears to be linked to recent projections by oil marketers suggesting an imminent rise in fuel prices to N700 per litre. Recall that Nigeria Midstream and Downstream Petroleum Regulatory Authority (NDMPRA), had assured Nigerians that it has no intention of increasing the fuel pump Price against what is proposed by some oil and gas financial experts. NNPC reacts… When contacted NNPC about the latest development, Mr. Douglas, a staff…
The Abia State Government has announced significant savings of over N200 million on its monthly wage bill as a result of an extensive verification exercise conducted on civil servants and public workers. This exercise successfully identified and eliminated over 2,300 ghost workers from the state’s payroll. In a statement released on Monday by Kazie Uko, the Chief Press Secretary to Governor Alex Otti, it was revealed that the Accountant General of the state, Njum Onyemenam, disclosed a significant savings achievement. Onyemenam, who spoke Monday after a meeting with the state Governor, Dr. Alex Otti, OFR, said the verification exercise was…
The Federal Government has recently announced its intentions to initiate the implementation of the revamped National Agricultural Growth Scheme and Agro-pocket (NAGSAP), in five states. These states have already witnessed the successful execution of the Agricultural Transformation Agenda Support Programme Phase-One (ATASP-1) Project. NAGSAP is an ICT-based platform used for farm inputs delivery, such as fertilisers, seeds, agrochemicals, among others, to farmers across the country. The targeted states include Niger, Kebbi, Jigawa, Kano and Sokoto. During a preparatory meeting of stakeholders in Abuja, Dr. Ernest Umakhihe, the Permanent Secretary of the Federal Ministry of Agriculture and Rural Development, highlighted the…
The Lagos state governor, Babajide Sanwo-Olu has appointed Dr. Bankole Olufunmilayo Olabisi and 6 others as the permanent secretaries in his state. Mr. Hakeem Muri-Okunola, the Governors’ Head of service made this known in a statement. Dr. (Mrs.) Olufunmilayo Olabisi Bankole is a highly skilled ophthalmologist renowned for her expertise in training doctors. She has an impressive background, having served as a Consultant Ophthalmologist and Head of the Department of Ophthalmology at Isolo General Hospital in Lagos State for several years. Additionally, she took on the role of Acting Medical Director and Chief Executive Officer of the hospital during a…
According to data released on Monday by the National Bureau of Statistics, Nigeria’s headline inflation rate has continued its upward trend, reaching 22.79 percent in June 2023. This marks the sixth consecutive acceleration in inflation, indicating a persistent rise in the general price level of goods and services across the country. The inflation rate in Africa’s biggest economy rose to a new 17-year high of 22.79 per cent in June 2023 from 22.41 per cent in the previous month. The NBS report read, “In June 2023, the Headline inflation rate rose to 22.79 per cent relative to May 2023 headline…
Nigerian Army’s 192 Battalion Personnel Apprehend Two Suspected Smugglers with Ammunition-Laden Truck in Ogun State Onyema Nwachukwu, army spokesperson, in a statement on Monday afternoon, said the suspects were arrested on Saturday. He said they were conveying the smuggled ammunition to Anambra before running into a stop-and-search cordon mounted by the army in Ogun. Recall that there has been uproar in Anambra state and most especially the South Eastern part of Nigeria.
Presently, the All Progressives Congress (APC), Deputy National Chairman (North), Abubakar Kyari, is chairing a meeting of the party’s National Working Committee (NWC). The development came hours after Abdullahi Adamu, national chairman of the party, resigned from office. When contacted About his resignation, Adamu said he is not talking until President Tinubu returned to Nigeria from his African leaders meeting. Emma Enukwu, deputy national chairman (South); Issacs Kekemeke, vice-chairman South-West; Salihu Lukman, vice-chairman North-West; and Festus Fuanter, deputy national legal secretary; are among those attending the meeting at the party’s headquarters on Monday. There is heavy presence of security personnel…
Vice President Kashim Shettima has announced that the administration of President Bola Ahmed Tinubu will soon reveal its agenda to tackle insecurity and poverty, particularly in the Northern region. He made this statement while addressing reporters during a condolence visit to Kano State. He noted that the security situation in the Northwest would have to be addressed through carrot and stick approach. Shettima, who was accompanied by Deputy Senate President Barau Jibrin, among others, was in Kano to commiserate with the government and people of the state on the passing of elder statesman, Alhaji Abubakar Imam Galadanci. A statement by…
Strong indications suggest that the Federal Government is contemplating the request from power distribution companies to review their tariff. The government’s spending on electricity subsidy has surged to N2.8 trillion, prompting considerations for potential changes in the tariff structure. According to a new report released by the Nigerian Electricity Regulatory Commission and made available to the press on Sunday, it revealed that previous increases in electricity tariffs by Distribution Companies (Discos), resulted in the government avoiding an additional N1trn subsidy payment to power companies every year. The July 2023 NERC report was titled, ‘Overview of the Nigeria Electricity Supply Industry.’…