The World Bank has said that Nigerians should be paying N750 for a litre of petrol if prices are truly reflecting cost and current exchange rate. The bank’s Lead Economist for Nigeria, Alex Sienaert, stated this during his presentation of the Nigeria Development Update, December 2023 edition, titled ‘Turning The Corner (from reforms and renewed hope, to results)’ in Abuja on Wednesday. Sienaert stated that the Federal Government may still be paying for fuel subsidy, considering that fuel prices are currently not cost-reflective in the country. He said, “It does…
Read MoreDay: December 13, 2023
FEC Exempts Varsities, Polytechnics, Others From IPPIS
The Federal Executive Council (FEC) has exempted universities, polytechnics, colleges of education and other tertiary institutions from the Integrated Personnel Payroll Information System (IPPIS) payment platform. The Minister of Education, Professor Tahir Maman, disclosed this after the federal cabinet meeting presided over by President Bola Ahmed Tinubu at the Council Chambers of the Presidential Villa, Abuja. He also said the heads of these institutions got relief to embark on recruitment exercise without recourse to the Head of Service of the Federation. The minister said the president had directed that the…
Read MoreEmulate NLNG, Gas Minister Speaks As Firm Donates Accident, Emergency Unit To UNIUYO Teaching Hospital
Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo has urged private sector investors in the oil and gas sector to commit more funds into their corporate social responsibility programmes, particularly in the education and health sectors. Ekpo, a statement by Louis Ibah, his media aide, read, made the remarks at the University of Uyo Teaching Hospital, Uyo, Akwa Ibom State during the Commissioning Ceremony of the Accident and Emergency Unit Facility reconstructed, equipped and donated to the University of Uyo Teaching Hospital by the Nigeria LNG Limited as…
Read MoreBREAKING: Rivers House Of Assembly Being Demolished
The political crisis in Rivers State deepened on Wednesday as about 10 bulldozers drove into the premises of the state House of Assembly and started the demolition of the complex. This came as the factional Speaker, Edison Ehie, led other lawmakers loyal to the governor to hold a sitting early on Wednesday before the demolition began. READ ALSO S’African Top Musician Zahara Is Dead Nigeria’s Popular ex-Minister Declared Wanted ‘He Impregnated 4 American Police Officers,’ Nigerian Student Faces Deportation It was gathered that Ehie, during the session, said the complex…
Read MoreS’African Top Musician Zahara Is Dead
▪️How she lost battle to liver problem Famous South African Afro-pop star Bulelwa Mkutukana, popularly known as Zahara, has passed away. She died in a Johannesburg hospital on Monday night, at the age of 36. Her passage was announced on Tuesday in a post shared on her Instagram page by her family. READ ALSO: Nigeria’s Popular ex-Minister Declared Wanted ‘He Impregnated 4 American Police Officers,’ Nigerian Student Faces Deportation Six Year-Old Girl’s Genital Cut Alive, Culprits Jailed Reacting to her death, the South African Minister of Sports, Arts,…
Read MoreNigeria’s Popular ex-Minister Declared Wanted
Dr. Olu Ogunloye, a former Minister of Power and Steel, has been proclaimed wanted by the Economic and Financial Crimes Commission. Ogunloye was the first Corps Marshal of the Federal Road Safety Corps (FRSC), as well as the Minister of State for Defence (NAVY) and the Deputy National Chairman of the Social Democratic Party (SDP) in Nigeria. In a post on its official Facebook handle on Tuesday, EFCC said: READ ALSO: ‘He Impregnated 4 American Police Officers,’ Nigerian Student Faces Deportation Six Year-Old Girl’s Genital Cut Alive, Culprits Jailed…
Read More‘He Impregnated 4 American Police Officers,’ Nigerian Student Faces Deportation
Jamil Ezebuike, a Nigerian student from Anambra State, is entangled in a legal ordeal in the United States after allegedly impregnating four female police officers. Ezebuike stands accused of fathering children with four policewomen while enrolled in a women’s security course at a prestigious institution in New Jersey. Having arrived in the United States as an international student with a non-immigrant study permit, Ezebuike immersed himself in a course aligning with his academic aspirations in women’s security. READ ALSO: Six Year-Old Girl’s Genital Cut Alive, Culprits Jailed Govt Targets Dollars…
Read MoreSix Year-Old Girl’s Genital Cut Alive, Culprits Jailed
The High Court in Bauchi, Bauchi State, has sentenced Adamu AbdulRauf and Abdulkadir Wada to 35 years in jail for luring six-year-old Hauwa’u Ya’u to an uncompleted building and cutting off her genitals. The crime happened three years ago in Jama’are Local Council. In January 2021, Bauchi State Police Command had arrested the duo in connection with the crime and charged them to court. Delivering judgment, Justice Rabi Umar convicted and sentenced AbdulRauf, 20, and Wada, 21, after they both pleaded guilty to the crime. READ ALSO Nigeria’s Success At…
Read MoreGovt Targets Dollars In Nigerians’ Hands To Address FX Shortage – Minister
The Minister of Finance, Olawale Edun, has disclosed that the federal government is targeting foreign exchange outside the banking sector to address the liquidity crisis in the FX market. Edun stated this on Tuesday while appearing before the House of Representatives Committee on Finance. He stated that the forex in the hands of Nigerians represents the new “foreign reserve” of the country, adding that the liquidity in the hands of Nigerians runs into billions of dollars. Foreign exchange held by Nigerians in cash outside the banking system is in the…
Read MoreNigeria’s Success At World Radio Communications Conference Excites NCC Boss
The leadership of the Nigerian Communications Commission (NCC) is excited about Nigeria’s impressive performance at the ongoing International Telecommunications Union (ITU)’s World Radio Communications (WRC) Conference 2023, holding in Dubai, United Arab Emirates, where two Nigerians were elected into leadership positions, while some other delegates from the Commission were elected into Working Groups. Executive Vice Chairman of the Commission, Dr. Aminu Maida, speaking on the sidelines of WRC 2023 in Dubai, announced that the Director of Spectrum Administration at NCC, Engineer Abraham Oshadami, has been elected Vice Chairman of the…
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