President Bola Tinubu has expressed his readiness to make tough decisions necessary for national progress. He acknowledged the challenge of achieving national consensus on various issues but emphasized the importance of such decisions for the country’s advancement. Concluding his official engagements in China, President Tinubu met with the Nigerian community and members of the Nigerians…
GISTSMATE MEDIA reports that the Federal Government has begun a process to obtain a fresh $2bn loan from the World Bank. The loan request submitted by the Ministry of Finance on behalf of the government is currently undergoing concept review, an appraisal stage that will lead to further negotiation and approval. According to documents posted…
The federal government through the Corporate Affairs Commission (CAC) has warned Point of Sale (POS) operators in the Fintech sector and threatened to shut down those who fail to register their businesses. The CAC in a statement on Friday noted that the 60-day deadline for registration, which expired on September 5, 2024, has not been…
The 2023 governorship candidate of the Labour Party in Lagos State, Gbadebo Rhodes-Vivour, has boasted that the Labour Party would not only win but take over power in Lagos in 2027. Rhodes-Vivour, who made the boast while fielding questions from newsmen in Umuahia, Abia state capital, where he attended an extended Stakeholders’ meeting of the…
The Federal Government has predicted five-day rainfall that may lead to flooding in 21 states and 123 locations. It also listed seven states that will likely be severely affected. They are Benue, Kogi, Anambra, Delta, Imo, Rivers and Bayelsa states. The flood prediction obtained on Thursday by our correspondent from the office National Flood Early…
The Nigerian National Petroleum Company Limited (NNPCL) says foreign exchange illiquidity has been a significant factor influencing the fluctuation in prices of Premium Motor Spirit (PMS), popularly known as petrol. These, it said, are governed by unrestricted free market forces, as provided for in the Petroleum Industry Act (PIA). GISTSMATE MEDIA reports that the newest…
Vice President, Kashim Shettima, on Thursday summoned the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, and the Group Managing Director of Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari. The Vice President also summoned the National Security Adviser, Nuhu Ribadu over the recent hike in the price of Premium Motor Spirit (PMS),…
The federal government has commenced the sale of 30,000 metric tonnes of milled rice to Nigerians at subsidised rates of N40,000 per 50-kilogramme bag. “It is my pleasure to welcome you all to this historical, all-important and long-awaited inauguration of the sales of 30,000MT of federal government-milled rice to Nigerians at a subsidised rate of…
The federal government says it has reviewed the feeding allowance of all the inmates serving their respective terms in the Nigeria Correctional Service (NCoS) across the country by 50 per cent Daily Trust reports that the review came on the heels of a recent viral video which showed that inmates complained of poor feeding in…
The Senior Special Adviser to Ondo State Governor on Students Affairs, Hon Kelvin Solomon Olaolu has felicitated with George Adesola Asonja, Esq on occasion of his birthday. Director of Protocol to Ondo State Governor Hon. Olaolu described Asonja, the Director of Protocol to Ondo State Governor as a committed man, who has been very responsible…
