BUSINESS
Enugu Loses N10bn Weekly Over Sit-At-Home, Says Gov. Mbah
The Governor of Enugu State, Peter Mbah, says the sit-at-home enforced by a faction of the Indigenous People of Biafra in the South-East is causing the state to lose over N10 billion every Monday. The governor made this disclosure on Thursday in Enugu at a meeting with the Presidents-General (PGs) of all the autonomous communities in the state. He said the...
Group Condemns Destruction Of Ship With 800,000 Barrels Of Stolen Crude Oil
The Health of Motherland Foundation, HOMEF, has condemned the recent destruction of a vessel loaded with 800,000 barrels of stolen crude oil by a Nigerian military helicopter after the vessel was seized and the crew detained, describing the act as “unacceptable environmental pollution.” HOMEF Executive Director, Ninmong Bassey while reacting to the manner the vessel was burnt in a statement...
Tinubu Declares State Of Emergency On Food Security
President Bola Tinubu has declared a state of emergency on food security in Nigeria. Presidential spokesman, Dele Alake, made this known while briefing State House correspondent on Thursday. The President directed that all matters pertaining to food and water availability and affordability, as essential livelihood items, be included within the purview of the National Security Council. The directive was said to be...
12m Families To Receive N8,000 For Six Months — Tinubu
President Bola Ahmed Tinubu says about 12 million households will get N8,000 over a period of six months to ameliorate the hardships faced by Nigerians as a result of subsidy removal. In a letter to the House of Representatives read by Speaker Tajudeen Abbas during plenary on Thursday, Tinubu said it was designed to enable indigent and vulnerable Nigerian people...
After His Swearing In As Senator, Gbenga Daniel Asks For His Pension As Ex-Governor To Be Stopped
The senator representing Ogun East, Gbenga Daniel, has asked Governor Dapo Abiodun to stop his pension as a former governor of the state. Daniel governed Ogun State from 2003 to 2011. In February, he was elected in February to represent Ogun East in the red chamber of the 10th National Assembly. In a tweet on Thursday, the former governor said “good...
Gov. Otti Sets Final Date For Migration Of Abia To Treasury Single Account
Abia State Governor, Dr. Alex Otti, has set a September 1, 2023 target to migrate the state into a Treasury Single Account (TSA), ABN TV reports. Dr. Otti said from that date all monies accruing to the State will be paid into a single account. Likewise, all payments by the state will be made through the same account. The Governor spoke...
Billionaire Daughter, Hauwa Indimi, Laments High Cost Of Tomato
Hauwa Indimi-Yar'adua, the daughter of billionaire oil entrepreneur Mohammed Indimi, has expressed concern about growing food prices in the country. Taking to her verified Instagram account, the cosmetologist shared a photo of a small basket of tomatoes she purchased in Abuja for N8,000, adding that she is "still not over it yet." According to the News Agency of Nigeria, due to...
Gov. Otti Unveils Digital Tax Collection System For Transporters, Traders, It’ll Reduce Fraud
The Abia State Governor, Dr. Alex Otti on Monday launched a new digital tax system that would help the state eliminate fraud and intermediaries in revenue generation. The new system, which integrates free medical insurance schemes for all commercial vehicle drivers and riders of Keke and Okada, will see the state also maximise its revenue potential, the governor says. Chief Press...
Ex-Gov Ikpeazu Expresses Happiness As AfDB Approves $115m Infrastructure Loan For Abia
The immediate past Governor of Abia State, Dr Okezie Ikpeazu has expressed deep delight at the final approval given by the Africa Development Bank (AfDB) Infrastructural Loan Facility for Abia State. Few days ago, the Board of Directors of the Bank gave final approval for the sum of 115 Million Dollars to support major infrastructural development projects across the commercial...
Abia Gets $115m AfDB Loan For Infrastructure, Erosion Control
The Board of Directors, African Development Bank (AfDB), has approved a loan of 115 million dollars to support a major road rehabilitation project in Abia State, Nigeria. This is contained in a statement issued by the Nigeria Country Department of the bank on Saturday in Abuja. It said the project would rehabilitate roads, improve erosion control infrastructure and prepare solid waste...
