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The Federal Government has granted permission to petroleum marketers to lift petrol directly from the Dangote refinery without going through the Nigerian National Petroleum Company Limited. This confirms the speculation that the NNPC will no longer be the sole off-taker of the Dangote fuel. In a statement on Friday, the Minister of Finance and Chairman…
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The Federal Government has distanced itself from the recent increase in fuel prices, citing the Nigerian National Petroleum Company Limited’s (NNPCL) decision to raise prices in response to prevailing market conditions. The price hike, which saw fuel prices jump from N897 to N1,030 in Abuja, N855 to N998 in Lagos, and similar increases across other…
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The Minister of Aviation and Aerospace Development, Festus Keyamo, has approved the construction of a private airstrip at Canaanland, the headquarters of Living Faith Church in Ota, Ogun State. This approval was confirmed by the minister’s media aide, Tunde Moshood, who stated, “Yes, the minister approved the airstrip. It is a private airstrip, and that…
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The Federal Government is set to deliver up to 400,000 barrels of Nigerian crude oil daily to the Dangote refinery under its naira-for-crude agreement, a report by Bloomberg stated on Monday. It said this significant development is expected to take place over the next two months, amounting to 24 million barrels of Nigerian supply between…
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The Academic Staff Union of Universities, (ASUU) has vowed to down tools after the expiration of the 14-day Ultimatum given to the Federal Government to meet their demands. Briefing Journalists, in Calabar, the Zonal Coordinator, ASUU Calabar Zone, Comrade Happiness Uduk who read a jointly signed release by all Chairpersons of the zone said that…
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The Federal Government, through the Presidential Compressed Natural Gas Initiative (PCNGi), will begin the distribution of 2,000 CNG-powered tricycles to youths in the transportation sector across Nigeria starting October 1st, 2024. The initiative aims to distribute 2,000 CNG-powered tricycles to youths in the transportation sector across the country, as part of efforts to address rising…
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The Presidential CNG Initiative (PCNGi) has signed a Memorandum of Understanding (MoU) with three branches of the National Union of Road Transport Workers (NURTW) namely; Itakpe Train Station, Ajaokuta, and Adavi units to reduce cost of transportation across the country. The program director/Chief Executive of Pi-CNG, Michael Oluwagbemi, said the initiative is targeted at reducing…
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The Academic Staff Union of Universities (ASUU) has issued a fresh 14-day ultimatum to the federal government, asking the government to resolve lingering issues affecting university lecturers. The fresh ultimatum is coming after the expiration of a 21-day notice earlier issued by the union. The government and the university lecturers agreed to set up a…
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The federal government has established a disaster relief fund to address disasters such as flooding. This was disclosed to journalists on Monday by Minister of Finance and Coordinating Minister of the Economy, Wale Edun, at the State House, Abuja, after the Federal Executive Council (FEC) meeting presided over by President Bola Ahmed Tinubu. According to…
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The Federal Government has called on agencies recruiting for the private sector to adhere to the N70,000 minimum wage, warning that any deviation would not be tolerated. According to the FG, the new minimum wage is necessary to address the current economic reality, emphasising that no Nigerian worker, whether in government or private employment, should…
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#
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google.com, pub-4630277630010827, DIRECT, f08c47fec0942fa0
google.com, pub-7472198107183412, DIRECT, f08c47fec0942fa0