Day: June 1, 2023

Ikeja Electric, Sahara Group Foundation Build Travelers’ Lodge for Ipaja Police Divisional HQ

Ganiyu Amodu

Ikeja Electric Plc (IE) has built and commissioned a brand-new travelers lodge for police officers in transit, at the Ipaja Police Divisional Headquarters, Alagolo, Lagos state. The project, which was executed through Sahara Group Foundation, the corporate social sustainability vehicle for the Sahara Group, is in line with IE’s commitment to impacting the environment where she operates through sustainable interventions that helps to make a positive difference in the society. READ ALSO: What ChatGPT Told Nigerians About Solving Fuel Subsidy Problems Subsidy: Why We May Pull out of Ongoing Dialogue…

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Nigerian Central Bank Devalues Naira To N631/$1 – Report

Ganiyu Amodu

The Central Bank of Nigeria has reportedly devalued the naira to N631 to the dollar from N461.6. The devaluation, according to Daily Trust, came 48 hours after President Bola Ahmed Tinubu announced the plans of the Federal Government to unify the country’s exchange rate to stimulate the economy. A source at the apex bank, however, denied the report, tagging the news fake. READ ALSO: Police Sergeant Dismissed For Collecting N98,000 From Victim In Lagos What ChatGPT Told Nigerians About Solving Fuel Subsidy Problems Manufacturers Deepen Demands From Tinubu On CBN,…

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Police Sergeant Dismissed For Collecting N98,000 From Victim In Lagos

Abibat Babalola

The police command in Lagos State on Wednesday dismissed Sergeant Ekpo Shimuyere for extorting the sum of N98,000 from a victim. Ekpo, who was attached to Sogunle Division, allegedly led one of his victims to a Point of Sale (POS) operator from where he withdrew the said sum from the victim’s account. The command’s spokesperson, SP Benjamin Hundeyin, told newsmen on Wednesday that the provost department of the command had already de-robed the sergeant. Hundeyin said the dismissed sergeant collected the phone of his victim and used a POS operator…

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What ChatGPT Told Nigerians About Solving Fuel Subsidy Problems

Abibat Babalola

A medical doctor and rights activist, Tuyi Mebawondu, asked ChatGPT How to solve Nigeria Subsidy Problem? The response of the artificial intelligence app will amaze you         Here below is the conversation word-for-word How to solve Nigeria Subsidy Problem? The fuel subsidy problem in Nigeria is a complex issue that requires a multi-faceted approach to solve. Here are some potential steps that could be taken to address the problem: Economic Diversification: Nigeria heavily relies on oil exports for revenue, and the fuel subsidy stems from the government’s…

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Manufacturers Deepen Demands From Tinubu On CBN, NERC, Finance Bill

Abibat Babalola

The Manufacturers Association of Nigeria (MAN) has highlighted certain low-hanging fruits that could help bolster the nation’s economy within a short time. The advocacy group while reacting to the inaugural speech of the president, congratulated him and stated that though his speech aligns with it wishes and aspirations, it however pointed out certain areas that need immediate actions to help the economy move forward. According to a statement signed by Segun Ajayi-Kadir, director-general, MAN, the group stated that in addition to pursuing the unification of the exchange rate, the CBN should…

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FIFA:  Nigeria Beats Argentina 2-0, Moves To Quarter Finals

Abibat Babalola

Nigeria, Italy, Colombia and a 10-man Brazil lineup advanced to the quarterfinals of the Under-20 World Cup on Wednesday. Host Argentina lost 2-0 to Nigeria in front of almost 30,000 fans in San Juan, ending an unlikely campaign for the home team. Italy eliminated England with a 2-1 victory thanks to a late goal from the spot. Brazil thrashed Tunisia 4-1 despite being a player down for the entire second half, and Colombia topped Slovakia 5-1 with three of its goals scored in a four-minute span. READ ALSO: Subsidy: Why…

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Subsidy: Why We May Pull out of Ongoing Dialogue with Tinubu – NLC

ADEOLA YUSUF

The Nigeria Labour Congress (NLC) has declared possibility of its representative pulling out of the ongoing dialogue with President Bola Ahmed Tinubu over the fuel subsidy removal. Following the declaration of subsidy removal by Tinubu in his inaugural speech, the Nigerian National Petroleum Company Limited (NNPCL) on Wednesday jerked up the pump prices of premium motor spirit, otherwise known as petrol (PMS), by over 200 percent, bringing the price of fuel to between N488 and N557 per litre. Platforms Africa reports that the NLC, however, argued that the decision to…

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