The Senate There was a mild drama on Tuesday as the Senate resolved to revisit the N30 trillion Ways and Means it approved for the Federal Government under former President Muhammadu Buhari, the details of which it said were never provided for scrutiny. Specifically, the Red Chamber alleged that …
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In the wake of the current high level of hardship in the country, the Nigeria Customs Service, NCS, has disclosed plans to distribute seized food items to Nigerians. The Comptroller-General of Customs, Bashir Adewale Adeniyi, said the food items will be distributed after they have been certified fit for consumption. In a …
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L-R: Aliko Dangote, Founder, Dangote Cement; Abdulsamad Rabiu, Chairman of BUA Cement and Mr. Adebode Adefioye, Chairman Lafarge Africa Plc The Minister of Housing and Urban Development, Ahmed Dangiwa, has warned cement manufacturers against taking undue advantage of the country’s current economic woes to increase the price of cement. The …
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…Says 45 trucks of maize intercepted Sunday night Vice President Kashim Shettima on Tuesday revealed that the federal government has uncovered 32 routes used to smuggle food out of Nigeria. The revelation came as the government battles smugglers and hoarders to provide more food for Nigerians hit by high food prices. …
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PZ Cussons/Business Post Nigeria Hit by a negative net assets position of N23.2bn, PZ Cussons Nigeria Plc said it is under pressure to settle its debt to the core investor, PZ Cussons Group, suppliers and other providers of credit and it may consider selling its assets if minority shareholders frustrate its proposed …
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At the official market, the naira recorded a marginal gain closing at N1,551.24 as against the earlier N1,574.62, according to the Nigerian Autonomous Foreign Exchange Market (NAFEM). Nigeria’s economic situation continues to worsen as its legal tender, naira tumbled at the parallel market in spite of the clampdown the federal …
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Adebayo Adelabu, minister of power, has said political will and funding are critical to solving the persistent challenges facing Nigeria’s electricity supply. Adelabu said this during a late-night interview on Channels TV on Monday. “If anybody tells you that you’ll have 24/7 uninterrupted light in the next six months or …
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Merged Photos of Barrister Frank Tietie and Nigerians protesting the high cost of food(Credit: Premium Times) The Executive Director of Citizens Advocacy for Social Economic Rights (CASER), Barrister Frank Tietie, has said that the current food crisis in Nigeria is as a result of political leaders repeating mistakes that grounded the …
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He alleged that his life was not safe whenever he had physical contact with Shittu, asking the police to investigate the matter. Prof. Adolphus Odogun Loto, Deputy Vice-Chancellor, Administration and Clinical Services of the University of Medical Sciences (UNIMED), Ondo City, Ondo State, has accused the Bursar of the institution, …
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This was contained in a press statement issued by Bayo Onanuga, the Special Adviser to the President on Information & Strategy, explaining that the total electricity debt owed by the State House was N342,352,217.46 and Tinubu said it should be cleared after the reconciliation of accounts between the State House …
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