Day: January 2, 2024

FULL LIST: Blacklisted Foreign Varsities In Nigeria

Ganiyu Amodu

On Tuesday, the Federal Ministry of Education, declared that the Republic of Benin and Togo’s degree credentials would no longer be evaluated or accredited in Nigeria. Recall that the Ministry made its decision in response to an undercover investigation by a Nigerian publication that revealed the operations of a degree mill in Cotonou, the capital of the Benin Republic. The ministry also warned Nigerians against enrolling in such institutions as their credentials will not be recognized. READ ALSO PHOTOS: Inside Lionel Messi’s Over $10m Mansion PDP Waving Off Tinubu’s New…

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PHOTOS: Inside Lionel Messi’s Over $10m Mansion

Ganiyu Amodu

Recently revealed images of Lionel Messi’s exquisite residence have provided a fresh insight into the World Cup winner’s life of luxury in Florida. The soccer star, having signed a two-and-a-half-year deal valued at $50-60 million per season, relocated to Florida during the summer after joining David Beckham’s Major League Soccer franchise, Inter Miami. According to Dailymail on Sunday, after spending his first few months living in a $9m apartment seconds away from ‘golden beach’, the Argentine and his wife Antonella bought a sprawling $10.75m estate in Fort Lauderdale in September.…

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PDP Waving Off Tinubu’s New Year Message A Blight On Democracy – APC

Aliyu Aliyu

The ruling All Progressives Congress (APC) has declared that the statement by the Peoples Democratic Party (PDP) of January 1, 2024, waving off President Bola Tinubu’s new year message is a testament to the party’s incapacity to serve as a sensible or credible opposition party. Platforms Africa reports that the APC said this in a statement signed by Felix Morka, its National Publicity Secretary, arguing that if the status of the opposition party were a contested one, the PDP would still miserably fail to pass muster. “Democratic opposition politics is…

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Banks To Deduct EMTL On Foreign Currency Transactions Of 2021-2023 By January 31

Abibat Babalola

Nigerian banks will deduct the backlog of Electronic Money Transfer Levy (EMTL) on old foreign currency transactions carried out by Nigerians on January 31, 2024. The deductions will cover transactions between 2021 and 2023 according to the message sent by the banks to their customers on Tuesday. The banks noted that this is in line with the directive from the Federal Inland Revenue Service (FIRS). Last month, the FIRS directed deposit banks to deduct and remit the EMTL on foreign currency (FCY) transactions going forward. The tax body said the…

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Sanwo-Olu Arrests Soldier, Motorcyclists For Plying One-way

Ganiyu Amodu

“You’re entering Okada, and they are taking one way. Is it good? And they’ll now hit you; you’ll go and fall, and you die; they’ll say the government killed you. What a shame!”   Lagos Governor, Babajide Sanwo-Olu, ordered the arrest of some motorcyclists, including a lance corporal, for riding in the wrong direction along the Lagos-Badagry Expressway on Tuesday. The Senior Special Assistant on Media to the Governor, Wale Ajetunmobi, revealed this in videos shared on his X handle on Tuesday. His caption read, “This Morning: Lawless okada riders…

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President Signs Budget As N’Assembly Raises Lawmakers Allocation To N344bn

Abibat Babalola

The National Assembly has raised its 2024 budgetary allocation by 74.23 per cent to N344.85bn. This will be the highest-ever budgetary allocation to the National Assembly whose initial allocation in the 2024 budget proposal was pegged at N197.93bn. The increase in allocation to the Senate and House of Representatives is happening amidst a cost-of-living crisis in the country, with the government telling citizens at various for a that the country is facing tough times. In the recently passed and now signed 2024 Appropriation Bill, the National Assembly increased the budget…

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Japa: UK Stops International Students From Bringing Dependents

Ganiyu Amodu

The United Kingdom’s Home Office confirmed the initiation of its policy prohibiting Nigerian students and other international students from bringing dependents through the study visa route. This decision, revealed in a post on X (formerly Twitter), reiterated that only postgraduate research or government-sponsored scholarship students would be exempted from the newly implemented restriction. READ ALSO Nigerian Government Suspends Accreditation Of Degree Certificates From Benin Republic, Togo Nigeria Downgrades Oil Production Target From 4m bpd to 2.6m bpd ‘Lie Detected,’ Reactions As Port Harcourt Refinery Fails Delivery Deadline “We are fully…

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Nigeria Embargoes Accreditation of Degree, Certificate From Benin Republic, Togo

Ganiyu Amodu

The Federal Government has suspended the accreditation and evaluation of degree certificates from Benin Republic and Togo. This move followed a report detailing how a degree was acquired from a university in Benin Republic in under two months. “This report lends credence to suspicions that some Nigerians deploy nefarious means and unconscionable methods to get a Degree with the end objective of getting graduate job opportunities for which they are not qualified,” the spokesperson for the Ministry of Education Augustina Obilor-Duru said in a Tuesday statement. “The Federal Ministry of…

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Nigeria Downgrades Oil Production Target From 4m bpd to 2.6m bpd

Ganiyu Amodu

. Slates output target for 2026 As Tinubu secures $13.5bn investment commitment from Shell, TotalEnergies, ExxonMobil – NUPRC   Nigeria has reduced oil production target from hitherto ambitious 4 million barrels per day to 2.6 million barrels per day, Platforms Africa reports. The 4m bpd output peg has been mouthed alongside 40 billion barrels reserves target prior to the administration of President Bola Ahmed Tinubu. Platforms Africa reports that the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), which confirmed the target slash, said the oil and condensates production target of 2.6…

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