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Nigerian Labour Congress and the Trade Union Congress have given the federal government two weeks to commence the implementation of policies that will reduce the impact of the government’s economic policies on citizens. Nigerians have continued to lament the impact of government policies such as the removal of the petrol subsidy and the devaluation of the naira, both of which have led to an astronomical increase in the prices of goods and services. In a joint statement, the NLC and TUC said they are concerned about the “non-implementation of the 16-point agreement reached with the Federal Government on October 2,…
President Bola Tinubu has ordered the immediate release of food items from the strategic reserve to cushion the effect of hardship in the country. Nigerians have been lamenting the rising cost of living, mounting pressure on the Federal Government to reverse the trend. On Thursday, Minister of Information and National Orientation, Mohammed Idris, announced that the Ministry of Agriculture and Food Security is to release about 42,000 metric tons of maize, millet, garri and other commodities in their strategic reserve. Idris, told State House correspondents after a series of meetings of the Special Presidential Committee on Emergency Food Intervention at…
Nigeria Inter-Bank Settlement System on Wednesday said cashless transactions in Nigeria increased to N611.06trn in 2023. It said the payments grew to N611.06trn from N395.38trn as of the end of 2022 indicating a 54.55 per cent year-on-year growth. The NIBSS Instant Payments is an account-number-based, online real-time Inter-Bank payment solution developed in the year 2011 by NIBSS. It is the Nigerian financial industry’s preferred funds transfer platform that guarantees instant value to the beneficiary. According to NIBSS, over the years, Nigerian banks have exposed NIP through their various channels, that is, internet banking, bank branches, Kiosks, mobile apps, Unstructured Supplementary…
Niger State Police Command has arrested a 30-year-old woman, Aisha Jibrin, who led women and young people in a mass protest on Monday over the high cost of living in Minna. Aisha was arrested alongside two other women: 57-year-old Fatima Aliyu and 43-year-old Fatima Isyaku; and 22 others. Spokesman for the Niger State Police Command, Abiodun Wasiu, who disclosed the arrest in a statement on Wednesday, said an investigation was ongoing after which the protesters would be taken to court and arraigned. According to Wasiu, the protesters acted violently and illegally. On Tuesday, the ruling All Progressives Congress alleged that…
Governor Seyi Makinde of Oyo State has received the official report of the 16 January explosion that occurred at Adeyi Avenue in Bodija, Ibadan, in which five persons died.Special Adviser to the Governor on Security, Fatai Owoseni, made this known on Wednesday while briefing journalists shortly after the presentation of the report to the governor. Owoseni said that three persons of interest have been identified in connection with the cause of the unfortunate incident. He added that the identified persons will face prosecution based on the investigation carried out. Owoseni also revealed that the character of the explosive is known…
Wednesday, 07 February 2024 04:48

No food shortage in Nigeria, FG insists

Chief of Staff to the President, Femi Gbajabiamila, met behind closed doors with the National Security Adviser, NSA, Nuhu Ribadu, and some ministers at the Presidential Villa, Abuja, yesterday, over food security and protests in some states. The meeting, which began at about 05:30 pm, also had in attendance governor of the Central Bank of Nigeria, Yemi Cardoso; Ministers of Education, Tahir Mamman; Finance, Wale Edun; Budget and National Planning, Atiku Bagudu; Agriculture, Abubakar Kyari; and State for Agriculture, Sabi Abdullahi. Briefing State House correspondents after the meeting that lasted for about three hours, Minister of Information and National Orientation,…
Youths and women took to the streets in Niger State on Monday in protest of what they called the biting hardship and the rising cost of living in the country. The protest started when a group of women blocked the Minna-Bida Road at the popular Kpakungu Roundabout to lament what they termed the sufferings under the Bola Tinubu government. They were later joined by men and youths who barricaded the road and halted vehicular traffic. The economic situation in the country had become unbearable following the removal of the fuel subsidy by President Tinubu on May 29, 2023. The policy…
There was heavy traffic gridlock in some parts of Lagos on Monday as motorists formed long queues outside the forecourts of filling stations on what appeared may herald a fresh scarcity of Premium Motor Spirit. One of our correspondents observed along the Ikorodu Road axis how motorists endured an unusually heavy gridlock due to a long queue of motorists waiting to buy petrol at filling stations. Also, the Total Filling station at the Mobolaji Bank Anthony Way had queues which led to heavy tariff around the Ikeja axis. Our correspondent also noticed that many of the filling stations along the…
National Agency for Food and Drug Administration and Control (NAFDAC) says over 50 percent of certificates of pharmaceutical products (CPP) of medicines imported into Nigeria are fake. A certificate of a pharmaceutical product is a document issued in a format recommended by the World Health Organisation (WHO) that establishes the status of the product in the exporting country. Speaking on Monday at a stakeholders’ engagement meeting with regulators, policymakers, and law enforcement agencies in Abuja, Mojisola Adeyeye, NAFDAC director-general (DG), said sending a CPP out to another country gives assurance on the quality of the product. But the NAFDAC DG…
Transmission Company of Nigeria (TCN) says the national grid has been fully restored. The national power grid had collapsed in the early hours of Sunday, causing a blackout across the nation. Speaking in a statement on Sunday, Ndidi Mbah, the general manager of TCN’s public affairs, blamed the incident on gas supply constraints that continuously affect the stability of the grid. “The grid experienced a partial disturbance at about 11:21 Hours today with Ibom power islanded, feeding Eket, Ekim, Itu & Uyo transmission substations, during the period of partial disturbance,” TCN said. “TCN initiated immediate restoration of the affected part…
March 16, 2025

Petrol price war drives marketers to reduce purchases as losses mount

A price war between Dangote Petroleum Refinery and the Nigerian National Petroleum Corporation Limited (NNPCL)…
March 16, 2025

El-Rufai speaks further on Tinubu’s presidency, Chicago scandal, other issues

Former Kaduna State Governor Nasir El-Rufai has revealed that he and other political leaders were…
March 14, 2025

How leaders train themselves to rethink and adapt faster

Paola Cecchi-Dimeglio Recognizing the value of rethinking is one thing—making it a habit is another.…
March 01, 2025

Man offers to split $525,000 jackpot with thieves who stole his credit card to buy…

A Frenchman appealed to the homeless thieves who stole his credit card to buy a…
March 14, 2025

Gunmen invade Kaduna communities, abduct 10

Suspected bandits have abducted ten villagers from three remote communities in Kajuru Local Government Area…
March 16, 2025

Here’s the latest as Israel-Hamas war enters Day 527

Freed Israeli hostage speaks for the first time about his 505 days of surviving Hamas…
March 15, 2025

Humanoid robot with human-like competence unveiled in China

Du Qiongfang Humanoid robot manufacturer AgiBot in Shanghai unveiled on Tuesday its latest humanoid robot…
January 08, 2025

NFF appoints new Super Eagles head coach

The Nigeria Football Federation (NFF) has appointed Éric Sékou Chelle as the new Head Coach…

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