The Federal High Court in Abuja has stopped the Central Bank of Nigeria CBN from further releasing monthly financial allocations to the Rivers state government. The court held that the receipt and disbursement of monthly allocations since January this year by governor Siminalayi Fubara is a Constitutional sommersault and aberration that must not be allowed…
The Nigerian National Petroleum Company Limited (NNPCL) has addressed circulating rumours of a new increase in fuel prices, affirming that the pump price of Premium Motor Spirit (PMS) has not changed. NNPCL spokesperson Olufemi Soneye stated, “There is no increase in gasoline price that I am aware of,” countering speculation that prices had risen from…
The National Petroleum Authority of Ghana says it is proposing to import refined petroleum products from Dangote Refinery to boost its energy security and sustain business cooperation with neighbours. Mustapha Abdul-Hamid, chief executive officer, NPAG, said this at the 2024 OTL Africa Downstream Energy Week on Tuesday in Lagos. Speaking as one of the panellists,…
At least 20 states have either started paying the new minimum wage or will commence payment from this week. After negotiations by the government, the Organised Private Sector and the Labour Centres, the minimum wage was raised from N30,000 to N70,000. The Federal Government has commenced payment. Following negotiations at the sub-national level with labour…
The Lagos State Taskforce has declared the habitual conduct of blocking roads for parties or religious events as illegal, warning those involved will face the full weight of the law. The agency in a statement on Tuesday signed by its Director, Press & Public Affairs, Gbadeyan Abdulraheem, condemned “this practice entirely”, an act it said…
An Ibadan-based property development and engineering firm, Binatech Engineering Services Limited, yesterday turned the sod to flag off the construction of a state-of-the art storey shopping complex in Iseyin Local Government. The 32-unit shopping complex is located inside the council directly facing Iseyin-Ibadan main express way. In his opening remark, the Council Chairman, Mr. Rasaq…
The President of the United States of America, Joe Biden on Tuesday called President Bola Tinubu on phone. The minister of foreign affairs, Yusuf Tuggar said Biden called Tinubu at about 4 pm Nigerian time. According to Tuggar, the call which lasted for about 30 minutes had both leader conversing on the recent release of…
In a strong affirmation of its cultural heritage, the ITEM Union Abuja celebrated the New Yam Festival (Item Eri Ji) on Sunday, October 27, 2024, in the nation’s capital. The event, themed “Promoting Ilu Igbo & Showcasing Item Cultural Heritage,” drew a large attendance of members, distinguished friends and associates. Chief Iheanyi Kalu, President of…
The federal government has called on state governments yet to comply with the new National Minimum Wage Act and commence payment of the new N70,000 minimum wage to do so. The Secretary to the Government of the Federation, George Akume, made this appeal on Monday after a meeting with President Bola Tinubu, applauding the states…
Scores of demonstrators from Ondo stormed the headquarters of the Independent National Electoral Commission (INEC) in Abuja on Tuesday, demanding the immediate redeployment of the Resident Electoral Commissioner, Mrs Oluwatoyin Babalola, from the state. Waving banners and placards with messages such as “Mahmood: Redeploy Babalola Now” and “We Don’t Want a Repeat of Edo Fiasco,”…
