Planned Protest: FG begins sale of 50kg rice for N40,000
Ahead of the planned protest, the Federal Government says it has created centres across the country where Nigerians can purchase a 50kg bag of rice for N40,000. Information Minister, Mohammed Idris, who revealed this after the Council meeting, said this was one of several initiatives by the Tinubu administration to ease living conditions for citizens. […]
President Tinubu signs new National Minimum Wage bill into law
President Bola Tinubu today signed the National Minimum Wage Bill into law. The President signed the bill just passed by the National Assembly during the Federal Executive Council FEC meeting held at the Council Chambers of the State House, Abuja. Speaking after the signing, the Senate President, Godswill Akpabio who commended President Tinubu for signing […]
President Tinubu blasts sponsors of planned protest
President Bola Tinubu has allayed fears of manipulation by any interest group, in the ongoing economic reforms, saying his campaign was self-sponsored, without strings, or indebtedness to any individual or institution. The President, who stated this yesterday when he received a delegation of Islamic leaders at the State House led by Sheikh Bala Lau, noted […]
CBN Raises Monetary Policy Rate From 26.25% To 26.75%
The Central Bank of Nigeria (CBN) has again raised the Monetary Policy Rate by 50 basis points, from 26.25% to 26.75%. Announcing this after the apex bank’s 296th Monetary Policy Committee meeting in Abuja, CBN Governor, Olayemi Cardoso, said the committee also pegged the Cash Reserve Ratio for Deposit Money Banks at 45% while that […]
President Tinubu calls for suspension of August 1 planned protests
President Bola Tinubu has appealed to Nigerians to shelve the August 1 planned nationwide protests against bad governance in the country. Tinubu, who spoke through the Information Minister, Mohammed Idris, after a meeting yesterday, said he is gravely concerned about the economic challenges and working assiduously to ameliorate the sufferings of Nigerians. Our correspondent, Raliat […]
President Tinubu urges the youth not to protest
President Bola Tinubu has urged the youth not to carry out their planned protests against the Federal Government’s economic reforms. Tinubu made the call in Abuja yesterday at a meeting of the National Council of Traditional Rulers, where he was represented by the Secretary to the Government of the Federation, George Akume. According to him, […]
Stakeholders in oil and gas speak on resolving issues
Minister of State Petroleum Resources (Oil), Sen. Heineken Lokpobiri, has convened a high-level meeting with key stakeholders in the oil and sector to resolve issues surrounding the Dangote Refinery. The minister convened the meeting which held yesterday in Abuja to find a lasting solution to the current impasse affecting the Dangote Refinery, with all parties […]
Afam Osigwe emerges the President-elect of NBA
A Senior Advocate of Nigeria, Afam Osigwe, has emerged as the president-elect of the Nigerian Bar Association (NBA) following the 2024 NBA election held online. Osigwe secured the highest number of votes, with 20,395, surpassing his closest rival, Tobenna Erojikwe, who got 10,970 votes, and Chukwuka Ikwuazom (SAN), who received 9,007 votes. He will succeed […]
Joe Biden Drops Out Of US 2024 Election Race
US President, Joe Biden has dropped out of the US presidential election and endorsed his Vice, Kamala Harris as the Democratic Party’s new nominee. In a stunning move which makes Biden the first president in US history to pull out so late in an election race, and the first to bow out because of concerns […]
FG to distribute 30,000 CNG conversion kits to commercial drivers
The Chief Executive Officer, Presidential Compressed Natural Gas (CNG) Initiative, Mr Michael Oluwagbemi, says 30,000 CNG conversion kits have been procured to be distributed to commercial drivers within 90 days. Oluwagbemi added that the CNG initiative which is cheaper, cleaner, safer and more reliable, was to ensure that commercial drivers would benefit from the palliative […]