The Executive Governor of Ekiti State, His Excellency Dr. Kayode Fayemi has restated his determination to accelerate the economic growth and sustainability agenda of the state as part of efforts to drive financial independence. During a welcome address at the Ekiti State Economic Development & Investments Summit tagged: “Fountain Summit”[Read More…]
News
Finally, government scraps DPR, PPPRA, PEF for new agencies
The Federal Government, yesterday, officially scrapped the Department of Petroleum Resources (DPR), Petroleum Products Pricing Regulatory Agency (PPPRA) and the Petroleum Equalisation Fund (PEF). Following the passage and implementation of the Petroleum Industry Act (PIA), the Upstream Regulatory Commission and Nigerian Midstream and Downstream Petroleum Regulatory Authority (NPRA) are to[Read More…]
Consumer groups ask FG not to remove electricity subsidy
Electricity consumer protection groups on Tuesday advised the Federal Government against the removal of electricity subsidy so as not to create a hike in tariffs. Mrs Zainab Ahmed, Minister of Finance, Budget and National Planning, had disclosed that government was working towards eliminating electricity subsidy to free up funds for[Read More…]
HOW TO VOTE ON FIRSTBANK-SPONSORED THE VOICE NIGERIA SEASON 3
UN1TY Limited and Livespot360, producers of The Voice Nigeria Season 3 have explained how to vote on the voice Nigeria season 3, sponsored by First Bank, Baba Ijebu and Airtel. The International talents reality series designed to discover and harness music talents in Nigeria is in its third season in Nigeria.[Read More…]
Jigawa court sentences 65-year-old man to life imprisonment for sodomy
The Jigawa State High Court in Birnin Kudu Local Government Area sentenced a 65-year-old man, Sabiu Suleiman, to life imprisonment after finding him guilty of sodomy. The judge, Musa Ubale, on Monday convicted Mr Suleiman of sodomising a 15-year-old boy in Kiyawa town of Kiyawa Local Government Area of the[Read More…]
Nigerians should be paying N256/litre for petrol: NNPC
Mele Kyari, the Group Managing Director of Nigerian National Petroleum Corporation (NNPC), says Nigerians should be paying at least N256 per litre for petrol. Mr Kyari disclosed this at a stakeholders meeting organised by the NNPC to stop fuel smuggling. Commenting on the current PMS and subsidy payment, Mr Kyari[Read More…]
BREAKING: Buhari to travel to London for ‘medical follow-up’
President Muhammadu Buhari will travel to London, the United Kingdom, on Friday for a scheduled medical follow-up, his media office has announced. Femi Adesina, his spokesman, said in a brief statement on Thursday that the president is due back in the country “during the second week of July, 2021”.
Gumi: IPOB kills security agents — but herdsmen only kidnap children for money
Ahmad Gumi, Islamic cleric, says it is unfair to compare the activities of criminal herdsmen with those of the Indigenous People of Biafra (IPOB). The cleric, who is known to have access to bandits, said herdsmen’s crimes weigh significantly lesser than those of IPOB. Speaking on Arise TV on Wednesday,[Read More…]
Nigeria’s economic performance gives me comfort: Buhari
President Muhammadu Buhari says Nigeria’s economic performance gives him comfort amid millions of Nigeria pushed below the poverty line. “The performance of our economy despite COVID-19 gives me comfort,” said Mr Buhari, “that we can achieve our goal, but we need to seriously scale up and work more with states[Read More…]
BREAKING: Farouk Lawan Bags 7-Year Jail Term For Bribery
A Federal Capital Territory (FCT) High Court has sentenced Hon Farouk Lawan, a former member of the House of Representatives, to seven years imprisonment over the fuel subsidy scandal. Lawan was found guilty of soliciting bribe from billionaire businessman, Femi Otedola, during the probe of fuel subsidy in 2012. He[Read More…]
Consumer TV
FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]