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Sunday, 19 November 2023 05:01

FG raises N585m from ‘private sources’ to pay fines for 4,068 prisoners

As part of continuing efforts to decongest custodial centers across the country and make them humane for proper reformation and rehabilitation, a total of 4,068 inmates on option of fines worth N585 million have been set free. Minister of interior, Olubunmi Tunji-Ojo, said that the inmates freed were those held on account of their inability to pay their fines as penalties for their crimes can now regained their freedom following payment of their fines by the minister and other corporate bodies. He made this known at an event flagging off the payment of the fines and empowerment beneficiaries at the…

Sunday, 19 November 2023 05:00

NIDO chief explains why many Nigerian youths are in UK prisons

Nigerians In Diaspora Organisation (NIDO) in the United Kingdom has lamented that bad parenting pushed some Nigerian youths to prisons in the UK. This was just as the Organisation revealed that Nigerians in the United Kingdom are more than 5 million in population. The Chairman of the Group, Niyi Zaccheus made this known to Tribune Online via a telephone call yesterday. Zaccheus explained that most parents come to the country with a money-making mindset at the detriment of their children’s upbringing. The Chairman urged them to disabuse that mindset because the children would find the alternative they are supposed to…

Saturday, 18 November 2023 05:05

After widespread condemnation, Tinubu cancels plans to deduct 40% from IGR of public varsities

President Bola Tinubu has halted plans to automatically deduct 40 percent from the internally generated revenue (IGR) of federal universities. According to Premium Times, Tahir Mamman, the minister for education, spoke at the 75th Founder’s Day ceremony of the University of Ibadan (UI). The federal government had earlier said it was ready to implement a 40 percent automatic deduction from the IGR of federal universities and other partially-funded institutions. But the policy has been criticised as being insensitive by stakeholders in the education sector, including the academic unions. Mamman, who represented Tinubu at the UI ceremony, admitted that the policy…

Friday, 17 November 2023 05:02

22 Justices of Appeal Court nominated for elevation to Supreme Court. These are the nominees

Twenty-two Justices of the Court of Appeal have been nominated by the Federal Judicial Service Commission (FJSC), for elevation to the Supreme Court of Nigeria. Consequently, FJSC has sent the list of the 22 nominees to the National Judicial Council (NJC) for ratification and onward recommendation to President Bola Tinubu. The names of the nominees were revealed in an FJSC document released on Thursday. The nominees include the chairman of the defunct Presidential Election Petitions Court (PEPC), Haruna Tsammani, who hails from Bauchi State. The North-Central region has six nominees, while the South-West and South-South regions have two nominees each.…

Friday, 17 November 2023 05:01

FG withdraws $1.1bn claim against Eni on oil field deal

Nigeria is withdrawing civil claims totaling $1.1 billion against energy giant Eni SpA, ending a long battle in Italian courts over allegations of corruption in an oil-field deal. The West African country’s justice ministry will waive the claims before Italy’s highest court “unconditionally” and “with immediate effect” no later than Nov. 17, according to a letter seen by Bloomberg. The nation will also “irrevocably” waive the right to any further legal action in Italy against Eni, its affiliates, and current and past officers in regard to rights for the field, known as Oil Prospecting License 245, or OPL 245. Eni…

Thursday, 16 November 2023 04:34

NLC, TUC direct workers to end nationwide strike after meeting with FG

Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) have suspended the nationwide strike they embarked on Tuesday. The suspension of the strike came after leaders of the two unions met with representatives of the federal government in a meeting on Wednesday at the office of the national security adviser (NSA). At the end of the meeting, the labour unions agreed to consult with their members on the next step concerning the nationwide strike. The federal government was represented at the meeting by Simon Lalong, minister of labour and employment; Nkeiruka Onyeajeocha, minister of state for labour and employment, and…

Thursday, 16 November 2023 04:33

Nigeria’s inflation hits 27.3% on rising food prices, others

Nigeria’s headline inflation rate for October 2023 has increased to 27.33 percent, the National Bureau of Statistics (NBS) has disclosed. The figure is 0.9 short of the 28.2 percent recorded 18 years ago, in August 2005. The NBS in a report released on Wednesday said, on a year-on-year basis, the headline inflation rate was 6.24 points points higher compared to the rate recorded in October 2022, which was (21.09 percent). “The increase in the headline index for October 2023 was attributed to the increase in some items in the basket of goods and services at the divisional level. “These increases…

Thursday, 16 November 2023 04:32

Former finance minister, Onaolapo Soleye, dies at 90

A former minister of finance, Onaolapo Soleye, is dead. Soleye died on Wednesday at a private hospital in Abeokuta, the capital of his home Ogun state. He was aged 90. He was the finance minister under the military regime of Muhammadu Buhari from 1984 to 1985. He had earlier served as commissioner for works in Ogun State. Soleye’s family, in a statement on Wednesday, said he passed away four days after celebrating his 90th birthday on Saturday. ‘With heavy hearts but with gratitude to God Almighty for a long, impactful and positively eventful life, the family announces the passing of…

Wednesday, 15 November 2023 04:45

Workers started nationwide strike on Tuesday. This is how it’s going in different parts of Nigeria

Nigerian Labour Congress, NLC, and Trade Union Congress of Nigeria, TUC, nationwide strike recorded mixed compliance across the states, yesterday. While some states were shut down with banks, public schools, courts and others shut down, some states recorded partial compliance and a few did not comply. The directives of the two labour bodies were carried out in Lagos, Anambra, Abia, Ebonyi, Kebbi, and Edo among others. In Kano, banks and schools were shut as the government suspended qualifying examinations. Also schools were shut in Osogbo, the Osun State capital with the police beefing up security to avoid breakdown of law…

Wednesday, 15 November 2023 04:43

Old Naira notes remain legal tender indefinitely - CBN

Central Bank of Nigeria (CBN) says the old naira notes will remain legal tender beyond December 31, 2023 — and no longer have a deadline. CBN said this in a statement signed by Isa AbdulMumin, director, corporate communications, on Tuesday. In March 2023, the supreme court had extended the deadline to phase out the old naira notes to December 31, 2023. Prior to the CBN lifting the deadline, on November 8, the apex bank had issued a statement informing Nigerians that the old naira notes remain legal after reports of anxiety over its legality. The apex bank on Tuesday said…

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Tuesday, 14 November 2023 04:48

Workers under NLC, TUC begin nationwide strike today

Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have directed all workers in Nigeria to withdraw their services effective midnight, November 13, 2023. The decision, an outcome of the Joint National Executive Council (NEC) meeting of NLC and TUC, was conveyed in a joint statement on Monday urging workers to withdraw their services starting at 12:00 midnight on November 13. “In furtherance to the decision of the Joint National Executive Council (NEC) of NLC and TUC, all workers in Nigeria are hereby directed to withdraw their services effective 12:00 midnight today, 13th November 2023,” the unions said in…

Tuesday, 14 November 2023 04:47

NLC, TUC strike ’illegal, immoral, unjustifiable and irresponsible’ - Presidency

The presidency has criticised the organised labour over its directive on nationwide strike as a result of the assault on Joe Ajaero, Nigeria Labour Congress (NLC) President. The organised labour comprising NLC and Trade Union Congress (TUC), directed all affiliate unions of the two labour centres to implement the resolutions of the joint National Executive Council of TUC and NLC from midnight of Tuesday, November 14, 2023. President of TUC, Festus Osifo, who addressed reporters at Labour House earlier in the day, said the strike would remain until “governments at all levels wake up to their responsibility.” But in a…

Tuesday, 14 November 2023 04:45

Saudi Arabia cancels visas of Nigerians on Air Peace after arriving country

Saudi Arabia authorities have cancelled the visas of all 264 passengers airlifted by Air Peace upon their arrival in Jeddah, from Kano. According to a source, the Middle Eastern nation asked the airline to return all 264 passengers to Nigeria, but later allowed 87 passengers to remain. The flight, which took off from the Murtala Muhammed International Airport in Lagos, via the Aminu Kano International Airport in Kano, on Sunday night, was said to have arrived in Jeddah, Saudi Arabia, on Monday. However, on landing, according to the source, Saudi Arabia authorities announced that all the passengers’ visas were cancelled.…

Monday, 13 November 2023 04:51

275,000 bpd oil production stopped due to workers strike restored - NNPCL

Nigeria's state oil firm NNPC Ltd said on Sunday it had restored 275,000 barrels per day (bpd) of oil production at its joint venture unit with Total Energies after negotiating an end to industrial action by workers. NNPC said in a statement that an agreement to suspend the action had been signed between TotalEnergies, the Petroleum and Natural Gas Senior Staff Association and the Nigerian Union of Petroleum and Natural Gas Workers, which represent senior and junior workers in the industry. "The unions have agreed to suspend ongoing industrial action leading to immediate restoration of 275,000 barrels of oil per…

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