Indonesia, the world’s largest producer of palm oil, increased the export tax on crude palm oil (CPO) from 7.5% to 10% on May 17. This policy shift is aimed at financing biofuel initiatives and replanting activities within the country. Nigeria, the world’s fifth-largest palm oil producer, still imports almost half of the two million tons…
The Federal Government, States, and Local Government Councils have shared a total of N1.703 trillion from the Federation Account revenue for January 2025. This figure represents a notable 19.6% increase, or N279 billion, compared to the N1.424 trillion shared from December 2024 revenue. A press release issued by Bawa Mokwa, Director (Press and Public Relations)…
Grade A Customary Court, Mapo, Ibadan, Oyo State, has adjourned till August 5, further hearing on the divorce suit brought before it by a man, Khalid, against his wife, Hafsa, on the grounds of irresponsibility, misbehaviour and violence. Khalid explained that Hafsa became a thorn in the flesh after he impregnated her, and she moved…
Justice T.G. Ringing of the Federal High Court sitting in Gombe, Gombe State has convicted and sentenced two police officers alongside an immigration officer to seven years imprisonment each for employment fraud to the tune of N1,640,000 (One Million Six Hundred and Forty Thousand Naira). The officers are identified as Yusuf AbdulKarim Bature and Musa…
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…
President Bola Tinubu has arrived in Rio de Janeiro, Brazil, to participate in the 17th Summit of Heads of State and Government for the Global South and Emerging Economic Bloc. The block includes Brazil, Russia, India, China, and South Africa, also called the BRICS. The President’s flight touched down at the Galeao Air Force Base…
The Nigerian National Petroleum Company Limited (NNPCL) has denied claims in media reports that the newly refurbished Port Harcourt refinery has shut down. The national oil company denied the claim in a press release issued by its Chief Corporate Communications Officer, Olufemi Soneye, on Saturday. Soneye said the claim was false and urged the media…
The entire membership and executive of NULASS NATIONAL are thrilled to extend their warmest congratulations to Dr. Kayode Opeifa on his well-deserved appointment as Managing Director of the Nigeria Railway Corporation. This remarkable achievement is a testament to Dr. Opeifa’s exceptional leadership skills, unwavering dedication, and unrelenting passion for advancing Nigeria’s transportation sector. His appointment…
Al Green, Democratic lawmaker from Texas in the US house of representatives, says he would be filing impeachment articles against Donald Trump over the president’s plan to “take over Gaza”. Speaking during a joint press conference with Israeli Prime Minister Benjamin Netanyahu on Tuesday, Trump said the US will take over the Gaza Strip to…
The Attorney General of the Federation (AGF) and Minister of Justice, Prince Lateef Fagbemi, SAN, has clarified that, at no time did the US District Court authorize the seizure of funds belonging to the Nigerian government in the custody of JP Morgan. The AGF’s clarification was in response to publications by the Peoples Gazette on…