Senate Carpets Minister For Proposing N1bn For Overseas Trips In 2024 Budget
The Senate has taken a swipe at the Minister of Trade, Industry and Investment, Doris Nkiruka-Anite for proposing to spend N1 billion on trip to Geneva in 2024, as contained in next year’s budget of the ministry, just as the minister said that the ministry has no record of the nation’s balance of trade. This was revealed, yesterday, when the...
Only A Budget Size Of N7trn Can Tackle Lagos Infrastructural Needs — Sanwo-Olu
The governor of Lagos State, Babajide Sanwo-Olu, says the state requires about a N7 trillion budget size to meet up with infrastructural and basic amenities in 2024. Sanwo-Olu spoke at the eighth Lagos Corporate Assembly, a business forum, tagged ‘BOS Meets with Business Community’, at the Lagos House in Alausa, Ikeja. The governor, however, noted that despite the uncertainty in the...
Fake Naira Notes In Circulation, CBN Warns Nigerians
The Central Bank of Nigeria(CBN) has warned Nigerians to be wary of counterfeit naira notes in circulation amid reports of currency shortage in the country. In a statement released on Friday titled ‘Beware of Counterfeit Naira Banknotes in Circulation,’ the apex bank advised Deposit Money Banks, Financial Houses, Bureau de Change, and the public to be vigilant and implement necessary...
COP28: Delegation Of 1,411 From Nigeria A Waste Of Resources — Obi
The 2023 presidential candidate of the Labour Party (LP), Peter Obi, on Sunday, faulted the number of Nigeria’s delegation at the COP28 Climate Summit in Dubai, the United Arab Emirates (UAE). President Bola Tinubu had on November 29, 2023 departed Abuja for Dubai for the summit expected to end December 12, 2023. In a post on X (formerly Twitter), the ex-governor...
Kano Governor, Yusuf Clears N6b Gratuity Of 5,500 Retirees
Governor Abba Kabir Yusuf of Kano State, on Saturday, commenced the payment of N6 billion gratuities and death benefits to 5,500 pensioners across the state. The governor inaugurated the payment at a grand ceremony held at the Coronation Hall, Government House in Kano on Saturday. Speaking at the event, Governor Yusuf said the gesture was part of his campaign promises aimed...
CBN Sets Date To Freeze Accounts Without BVN
The Central Bank of Nigeria has directed a “Post no Debit” restriction on all bank accounts without Bank Verification Number and National Identification Number effective April 2024. “Post No Debit” is a term used to describe a restriction imposed by banks on specific accounts, preventing customers from making withdrawals, transfers, or any other debits from their accounts. This measure effectively freezes...
Osun Workers To Get N15,000 Wage Award, Pensioners N10,000 As Subsidy Removal Effects Bite
As part of measures to cushion the harsh effects of fuel subsidy removal, the Osun State Governor, Ademola Adeleke, has approved a sum of N15,000 wage award per worker in the state. The governor also approved a sum of N10,000 for each pensioner in the state in the same regard. This was disclosed on Wednesday in a circular by the Permanent...
Adamawa Governor, Fintiri Raises NYSC Members’ Pay By N10,000
The governor of Adamawa state, Ahmadu Umaru Fintiri, on Tuesday increased the monthly allowance of National Youth Service Corps (NYSC) members in the state with ₦10,000 (ten thousand naira). Fintiri disclosed this in a statement and said he was excited to welcome the 2023 Batch ‘C’ Stream II Corps members to Adamawa State. “Your dedication to nation-building is recognized, and we’re...
N-Power: Enrollees Lament Delay In Stipend`s Payment
Some enrollees of the Federal Government’s N-Power Programme on Monday decried the continuous delay of payment of their N30,000 monthly stipends. The beneficiaries who spoke to the News Agency of Nigeria (NAN) in separate interviews in Abuja said, the continued delay of payment of the thirty thousand monthly stipends is becoming worrisome. Mr Francisco Noah, a beneficiary of the N-Teach segment...
Live Within Your Means, Psychologist Advises Nigerians
As the economic hardship takes a toll on Nigerians, Clinical Psychologist, Adedotun Ajiboye has advised people to live within their means. He also advised Nigerians to be their brothers’ keepers to avoid mental health issues. Ajiboye who works with the Ekiti State University Teaching Hospital, Ado Ekiti, gave this advice in an interview with the News Agency of Nigeria (NAN) in Abuja...