BUSINESS
Subsidy Removal: Meeting Between FG, Labour Leaders Ends In Deadlock
The meeting between the Federal Government and the Nigerian Labour Congress (NLC) over fuel subsidy removal has ended without a consensus. The meeting began around 4 pm on Wednesday at the Presidential Villa, Abuja. Representatives of the Federal Government included Dele Alake, the spokesperson for President Bola Tinubu; and the Group CEO of the Nigerian National Petroleum Company (NNPC) Limited, Mele...
Subsidy Removal: Oil Marketers Inflicting Pains On Nigerians — APC Governors
The Governors of the ruling All Progressives Congress (APC), have accused oil marketers of inflicting pains on Nigerians after President Bola Tinubu’s pronouncement at his inauguration that fuel subsidy is gone. The governors, under the aegis of the Progressive Governors’ Forum (PGF), stated this during a courtesy visit to President Bola Tinubu at the presidential villa. The Chairman of PGF and...
Governor Otti Sacks All Revenue Enforcement Officers
Abia State governor, Dr. Alex Otti has announced the termination of appointment of all revenue enforcement officers in the state with immediate effect. The governor in a statement by his chief press Secretary, Kazie Uko made available to ABN TV, says this is part of the measures to sanitise activities around the transport sector and markets in the State. The affected...
Quit Now, Abia Government Tells Umuahia Street Traders
Abia State government has asked traders operating at Ishigate at the centre of Umuahia, the capital to relocate to government approved markets immediately. The permanent secretary of ministry of trade and investment, Michael Egwu stated this in Umuahia while reacting to sudden resurgence of trading at the spot. He, therefore advised the traders to choose between Ubani Ibeku Modern Market or...
DSS Confiscates Emefiele’s Passport, May Obtain Warrant For House, Office Search
The Department of State Services has seized the passport of the suspended Central Bank Governor, Godwin Emefiele. The service, it was also learnt, may obtain a warrant to search Emefiele’s home and office this week. Following his suspension on Friday as a result of the ongoing investigation of his office and the planned reforms in the financial sector, the service arrested...
My Position On Maintenance Of Moribund Refineries Not A Criticism Against Buhari — Gov. Sule
Nasarawa State Governor, Abdullahi Sule, has denied criticising former President Muhammadu Buhari for not making the nation’s refineries functional during his administration. In a statement on Monday by his Chief Press Secretary, Ibrahim Addra, explained that he only spoke about the removal of fuel subsidy when he appeared on Channels Television’s breakfast programme, “Sunrise Daily,” on June 8. He said, “In...
Lagos Govt To Demolish Distressed Buildings In Alaba International Market
The Lagos State Government on Friday began the process toward the removal of distressed buildings in the Alaba International Market in Ojo Local Government of the state. The News Agency of Nigeria (NAN) reports that the enforcement team of the Lagos State Building Control Agency (LASBCA) and the Lagos State Task Force embarked on the joint exercise. The team which went...
FG Approves Seme Border Reopening For Vehicle Importation
Director of Road Transport in the Ministry of Transportation, Ibrahim Musa, yesterday, disclosed that the Federal Government has approved the re-opening of the Seme border for the importation of vehicles. Speaking at the Economic Community of West African States, ECOWAS, meeting, organised between officials of Nigeria and Benin, Musa said the development followed complaints by freight forwarders operating at the...
Beyonce Donates £8,000 To Nigerian Business In London
Award-winning American singer, Beyoncé Giselle Knowles-Carter, popularly known as Beyonce, has donated £8,000 to a struggling Nigerian restaurant in North London. Chuku’s, the restaurant in Tottenham run by brother and sister duo Emeka and Ifeyinwa Frederik, was at risk of closure due to rising energy bills. The siblings were one of 10 winners to receive a grant from the music superstar. As...
We’ll Offer Tinubu Assistance In Nigeria’s Agric, Power Sectors, AfDB Assures
The African Development Bank has assured President Bola Tinubu that the Bank will support his efforts and vision in improving the agriculture and power sectors in Nigeria. The President of the AfDB, Akinwumi Adesina, disclosed this after a meeting with President Bola Tinubu on the sidelines of the New Global Financing Pact summit hosted by the French President, Emmanuel Macron,...
