VP Shettima Assures Airline Operators Of Better Working Environment
Following the signing of the Cape Town Convention (CTC) Practice Directions, Vice President Kashim Shettima has again assured stakeholders in the country’s aviation sector of the federal government’s commitment to creating a more conducive and better operating environment for airlines. He lauded last Thursday’s signing of the CTC Practice Directions, describing it as a major […]
President Tinubu Establishes Relief Fund for Flood Victims
President Bola Ahmed Tinubu has assured the establishment of a disaster relief fund to assist Nigerian citizens impacted by floods and other disasters. President Tinubu who announced this at the Borno Government House when he visited Maiduguri, Borno State, on Monday to sympathise with the government and people over the recent flooding from Alau Dam said the […]
Police IG reads Riot Act ahead of Edo election
Ahead of the Edo State governorship election slated for September 21, 2024, the Inspector-General of Police (IGP), Kayode Egbetokun, has issued a stern warning to political actors, supporters, and voters, to play by the rules or face the full wrath of the law. Speaking at the Election Stakeholders’ Meeting in Benin City, Edo on Wednesday, Egbetokun revealed […]
Maiduguri Flood Affects Thousands, Presidency Direct Evacuation
President Bola Tinubu has ordered the National Emergency Management Agency to assist the flood victims in Maiduguri. Tinubu in a statement by his Special Adviser on Information and Strategy, Bayo Onanuga, described the flood as the worst in recent decades, having displaced thousands of residents and affected facilities such as the Shehu’s Palace, Post office and the Maiduguri Teaching Hospital. The President also called for the immediate evacuation of people from affected areas and assured Governor Babagana Zulum of federal support to address the humanitarian needs of the affected population. Major roads, houses, and shops in Maiduguri metropolis, the Borno State capital, and parts of the Jere Local Government Area have been submerged by floodwaters, and a prison wall located along the Custom area was reportedly broken by the flood, allegedly drowned some inmates while several others escaped for their lives.
VAT Remains 7.5% Reports Financial Minister
Nigeria’s value-added Tax rate remains 7.5 per cent and not 10 per cent, as suggested in some reports making the round. Minister of Finance and Coordinating Minister of the Economy, Wale Edun, gave the clarification in a statement yesterday, saying neither the Federal Government nor any of its agencies will act contrary to what the laws stipulate. Addressing concerns over government actions perceived as burdensome, Edun reassured Nigerians that fiscal policies are designed to promote sustainable economic growth and alleviate poverty, not to hinder them.
FG Exempts Varsities’ Research Grants From TSA
President Bola Tinubu has approved the exclusion of third-party research grant funds of federal universities and research institutions from the Treasury Single Account. This is contained in a letter signed by the Acting Executive Secretary, National Universities Commission, Chris Maiyaki, to Vice Chancellors. Already, the Minister of Education, Prof. Tahir Mamman, has conveyed this directive to the Minister of Finance, Wale Edun, mandating the exemption, which grants universities and research institutions the autonomy to operate their endowment fund accounts in commercial banks.
Nigerian Gamers to Compete for $1 Million Prize
Omniverse Africa is excited to reveal that UEL Esports Inc., Unanimous Games and Game Evolution Esports will be premier partners for the Gaming Center at Omniverse 2025. This significant partnership will play a crucial role in delivering an exceptional gaming experience, highlighting Omniverse Africa’s dedication to innovation and excellence within the digital and creative ecosystems. UEL Esports Inc., renowned for its one of a kind, multi genre gaming league, cutting-edge advancement and visionary contributions, will be integral in shaping the Gaming Center, promising an immersive and dynamic environment for all attendees. Additionally, Game Evolution will serve as the gaming ecosystem and delivery partner for the center, ensuring top-tier experiences and seamless execution. In a major highlight of this collaboration, an exhilarating gaming tournament will be featured at the Gaming Center. This tournament, expected to be a central attraction of Omniverse 2025, will offer participants the chance to compete for a staggering prize pool of up to $1 million. Nigerian gamers will have the opportunity to vie for these substantial rewards and gain invaluable experiences that could propel their gaming careers to new heights. Charles Emembolu, Co-convener of Omniverse Africa, commented: “We are thrilled to partner with UEL Esports Inc., and Game Evolution towards the Omniverse 2025. This collaboration aligns with our vision to create a transformative and engaging gaming environment. We are excited to witness the innovation and talent that will unfold through this partnership.” The Honorable Minister of Arts, Culture, and Creative Economy, Hannatu Musa-Musawa, stated, “Omniverse Africa has taken a bold step to position Nigeria as a global leader in gaming by launching this major league with partners from Nigeria and USA. The Ministry stands behind this vision, and we look forward to fostering partnerships that will strengthen our creative economy and provide new opportunities for our youth,” Briant Biggs, CEO of Unanimous Games, USA, added, “This partnership offers an exciting opportunity to inspire and empower gamers globally. Omniverse 2025 is the perfect platform for this mission.” Titus Walker, CEO of UEL Esports Inc., also stated that “Becoming the premier partner for the Gaming Center at Omniverse 2025 is a remarkable opportunity for UEL Esports Inc. We look forward to showcasing our latest innovations and contributing to an exceptional event that will set new standards in the global gaming industry.” Kunmi Adebimpe, Founder of Game Evolution Esports, commented: “As the gaming ecosystem and delivery partner for the Omniverse Africa Gaming Center, Game Evolution is committed to bringing unparalleled experiences to the forefront. We are excited to collaborate with Omniverse Africa, UEL Esports Inc. and Unanimous Games to elevate the gaming experience and provide a platform for gamers to shine, globally.” Omniverse Africa, Africa’s premium platform for integrating digital andcreative ecosystems across the continent, will host its annual summit in Lagos, Nigeria, in February. The synergy between UEL Esports Inc., Omniverse Africa, Unanimous Games and Game Evolution promises to make Omniverse 2025 an extraordinary event, celebrating talent and innovation in the gaming world. Stay tuned for more updates on the tournament and how to participate, collaborate, compete or partner. The Omniverse Africa Summit 2025 promises a thrilling experience for gamers and enthusiasts alike. Join us on this exciting journey as we push the boundaries of gaming in Africa and beyond.
Family of Late Taiwo Akinkunmi Forced to Proceed with Burial
The family of the designer of the Nigerian national flag, Taiwo Akinkunmi, has beenforced to proceed with his burial after a year-long wait for a promised state funeralthat never materialised. Akinkunmi, who died on September 4, 2023, at 87, was supposed to be honouredwith a state funeral by the Federal Government. However, his son, Akinwumi […]
Nigerians in for Tougher Times as Petrol rises to N855 per Litre
Nigerians are in for tougher times, following the price increase of petrol to N855per litre by filling stations belonging to the Nigerian National PetroleumCorporation Limited in Lagos. The price adjustment comes amid the ongoing fuel scarcity rocking the country,and days after the NNPC admitted that its capacity to supply petrol to localmarketers is threatened by […]
FRSC to Collaborate with NBA for Prosecution of Drivers Assaulting Officers
The Corps Marshal of the Federal Road Safety Corps (FRSC), Shehu Mohammed, has said that the Corp will partner with the Nigerian Bar Association (NBA) to ensure that drivers who assault or knock down FRSC officers are prosecuted. Speaking on Classic 94.3 FM Abuja during the station’s six-year anniversary celebration, Mohammed underscored the agency’s commitment […]