BREAKING: Presidency Rejects World Bank’s 139 Million Poverty Claim, Tags It Unrealistic

In a sharp repudiation of the World Bank’s recent poverty statistics, the Presidency on Wednesday dismissed the figure that 139 million Nigerians live in poverty as “detached from the country’s economic realities” and an analytical abstraction rather than a factual headcount. The government insisted that the estimate must be “contextualised” before being accepted as valid….

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Dangote To Redeploy Disengaged Workers, Says FG

The Federal Government has said the Dangote Group will redeploy staff earlier disengaged from its refinery operations, following the resolution of its dispute with the Petroleum and Natural Gas Senior Staff Association of Nigeria. The FG also announced that the redeployed staff will not suffer any loss of pay due to the redeployment. The Minister…

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Electricity Supply Drops As Oil Union Begins Strike 

The Nigerian Independent System Operator (NISO) has stated that electricity generation on the National Grid has dropped to 3,200 megawatts (MW) due to the industrial action by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN). A statement by NISO said the disruptions by PENGASSAN triggered widespread gas shortages, reducing available generation from…

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