Day: February 22, 2024

Lekki LCDA Faults Lagos Transport Ministry Over Officials’ Arrest

Gbenga Adeoti

. They are our senior officers, Council chair punctures transport commissioner’s claims, expresses displeasure over defamation of officials through publication of their names in newspapers     The Lekki Local Council Development Area has faulted arrest of its officers by the Lagos Ministry of transportation, puncturing claims that the men were fake enforcement personnel extorting money along Ibeju-Lekki Junction and the Dangote Refinery area in Akodo. Platforms Africa reports that the council, in a statement signed by its Chairman, Hon. Rasaki Bamidele Kasali was particularly irked by the arrest and…

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Four Months Withheld Salaries Paid To ASUU – Minister

Abibat Babalola

The Nigerian Government on Wednesday said it has paid in full the four months withheld salaries to the Academic Staff Union of Universities, ASUU as approved by President Bola Tinubu. It also said that it has made substantial financial commitments in the provision of CNG buses and that the buses will be rolled out soon to alleviate the transportation challenges being faced by Nigerians. These were contained in a statement signed by the Minister of State for Labour and Employment, Rt. Hon. Nkeiruka Onyejeocha. READ ALSO: ‘Unilateral Decision’, TUC Faults…

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‘Unilateral Decision’, TUC Faults NLC’s Planned Strike

Abibat Babalola

All seems not well between the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) as the latter has claimed that the former did not carry it along before declaring a two-day nationwide industrial action planned for February 27 and 28, 2024. TUC Secretary General Nuhu Toro, in a letter to the NLC leadership dated February 19, 2024, expressed disappointment that the Joe Ajaero-led labour group did not carry the Festus Osifo-led trade association along before declaring a planned strike despite that the two groups unanimously issued a 14-day…

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EKEDC Deepens Customers’ Confidence With Hightened Service Deliverables

Ridwan Oladimeji

What MD/CEO, Dr. Tinuade Sanda said at the FESTAC customers’ engagement, first town hall meeting in 2024   The Eko Electricity Distribution Company (EKEDC) on Thursday deepened the confidence of its customers as it heightened its service delivery goals. Platforms Africa reports that the utility company held a maiden district town hall meeting for customers around the FESTAC town in Lagos, where the power consumers lodged complaints as well as showed appreciation for the company’s quick response rate to calls on technical faults. Managing Director/Chief Executive Officer of EKEDC, Dr.…

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Nigeria Earn $2.1tn From Zungeru Hydropower Plant Concession

Abibat Babalola

Senior Special Assistant to the President on Media & Communications (Office of the Vice President), Stanley Nkwocha, in a statement obtained by our correspondent on Tuesday, said the concessionaire would pay FG $70 million per year over the next three decades for managing the complex. This brings the estimated revenue to $2.1 trillion for the next 30 years. The transfer of ownership of the Zungeru Hydroelectric Power Plant to Penstock Limited took place on January 23, 2024, following the settlement of the project’s commencement fee on January 5, 2024. According…

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EFCC Arrests Six Suspected Currency Racketeers In Lagos

Abibat Babalola

The Economic and Financial Crimes Commission has arrested six persons in Lagos over alleged involvement in currency racketeering and the sale of new naira notes for commercial purposes. Its spokesperson, Dele Oyewale, disclosed this in a statement on Tuesday in Abuja. According to him, the suspects are Adebayo Amupitan, Alimat Oyebode, Isiaka Yusuf, Adeoti Folake, Kafayat Yakub, and Bose Lateef. “They were arrested at various locations in Lagos, between February 16 and 17. READ ALSO: Nigerian Govt Stops Export Of Cooking Gas To Reduce Price BREAKING: Sanwo-Olu Announces 25 Per…

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Nigerian Govt Stops Export Of Cooking Gas To Reduce Price

Ganiyu Amodu

The federal government on Thursday, February 23, announced that it has stopped the exportation of Liquefied Petroleum Gas (LPG) also known as cooking gas, to reduce the scarcity and soaring price in the country. Minister of State, Petroleum Resources, Ekperikpe Ekpo, broke the news to reports at the “Internal Stakeholders’ Workshop,” in Abuja. The theme of the workshop is “Harnessing Nigeria’s Proven Gas Reserves for Economic Growth and Development.” Asked what the government has done to control the rising cost of domestic gas, he said, the ministry is discussing constantly…

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BREAKING: Sanwo-Olu Announces 25 Per Cent Slash In Transport Fare

Ganiyu Amodu

Governor Babajide Sanwo-Olu of Lagos State has announced a 25 percent slash in transport fares for government-owned transport schemes. Sanwo-Olu made this announcement during a live media chat, ‘Sanwo Speaks’ on Thursday. He also announced that civil servants from levels 1–14 will begin to work three days a week as part of measures to ease the economic challenges for residents. The governor noted that the forum was intended to intimate residents of steps being taken to reduce the economic burden on Lagosians. He said workers in the teaching sector will,…

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Forex Crisis: Nigerian Govt Blocks Binance, Coinbase, Others

Ganiyu Amodu

The Nigerian government has ordered internet service providers to block access to the websites and apps of major cryptocurrency trading platforms including Binance, Coinbase, and Kraken. Authorities said the move aims to crack down on the alleged use of these platforms by currency speculators and money launderers to manipulate the foreign exchange market and facilitate illicit fund flows, further weakening the struggling Nigerian naira. Sources at major telecommunication firms said they received directives from the Nigerian Communications Commission (NCC) on Wednesday evening to implement the blockade of Binance, ForexTime, OctaFX,…

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BREAKING: FC Barcelona Legend Dani Alves Jailed For Sexual Assault

Ganiyu Amodu

Dani Alves has been found guilty of sexually assaulting a young woman in a Barcelona nightclub, a Spanish court ruled on Thursday. The three-judge panel sentenced Alves to four years, six months. READ ALSO Nigeria Lacks Infrastructure, Automated System To Halt Frequent Grid Collapse – Minister Tuchel To Leave Bayern Munich In Summer EStars Unveils Classroom of the Future at Misk Global Forum MGF23 Alves, aged 40, denied any wrongdoing during a trial that took place over three days this month. The decision can be appealed. More to follow…

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