BUSINESS
We Can’t Bear It Anymore, Kaduna Residents Weep After Petroleum Price Increase
The price of Premium Motor Spirit (PMS) popularly known as petrol have gone up across Nigeria and residents of Kaduna are not finding it funny, saying that the situation “is becoming unbearable”. The increase in petrol price took Nigerians by surprise on Tuesday with many petrol stations including those of the Nigeria National Petroleum Company Limited (NNPCL) adjusting their pump...
Amidst ‘Japa’, FG Partners US On Direct Flight To Texas
Despite the growing desire among youths to leave the shores of Nigeria to overseas in search of greener pasture, codenamed "japa", the Federal Ministry of Aviation and Aerospace says it will collaborate with the United States on direct flight to Houston, Texas. The Permanent Secretary, Dr Emmanuel Meribole, made the promise during a visit to the Ministry by a delegation...
Excitement As Ahmed Musa’s Petrol Station In Kano Drops Pump Price To N620
Super Eagles Skipper, Ahmed Musa, has announced the reduction of the price of Premium Motor Spirit at his fueling station, MYCA7 in Kano from N620 to N580 per litre. The professional footballer disclosed this on his verified Twitter page. Musa wrote: “Fuel #580 @MYCA -7 Filling Station Kano. 🏃♀️🏃♀️,” sparking excitement among Nigerians. One Twitter user, Scala @lakaas123, excitedly enquired “How manage...
Ogun To Commence Payment Of N10,000 Palliatives July To Cushion Fuel Subsidy Removal
Governor Dapo Abiodun of Ogun state, has revealed the state government will begin the distribution of a cash palliative of N10,000 to public servants in the state to cushion the impact of the removal of fuel subsidy, with effect from July. Abiodun disclosed this in an interview, monitored by our correspondent, on Channels Television on Tuesday evening. The governor noted that...
Fuel Subsidy Removal: We Must Undergo This Pain To Emerge Victorious, Says Soludo
Governor Chukwuma Soludo of of Anambra state, has described the removal of fuel subsidy as a pain Nigeria must undergo before it will emerge “victorious.” Soludo made this assertion during the commissioning of the Solution Innovation District in Awka, the state capital on Thurday. The governor stressed the need for the country to embrace its greatest resource which he said is...
Gov. Otti Considers Setting Up Commission On Ease Of Doing Business To Attract Investors
Abia State Governor, Dr Alex Otti, says the State Government would soon set up a commission on the Ease of Doing Business in order to eliminate the obstacles citizens and investors encounter in their efforts to set up and grow their businesses. Governor Otti disclosed this Wednesday when he played host to a team from Central Bank of Nigeria (CBN),...
NERC Urges Electricity Prepaid Customers To Update Their Meters
The Nigerian Electricity Regulatory Commission (NERC) has urged citizens with prepaid meter to update them before November 2024. The regulatory body said users who fail to update their meters before the said date won’t be able to recharge their prepaid meters. NERC, in a post on X, formerly known as Twitter, said updating the meters attracts no cost. The regulator said electricity...
Umahi Says He’ll Speak To Manufacturers On Reduction Of Cement Price
Minister of Works, Senator David Umahi, yesterday, promised to dialogue with cement manufacturers over reducing the prices of their products. He spoke while featuring on Sunrise Daily, a channel television programme. The minister said contractors have complained over the high cost of cement in the country and made claims that importing the product would be cheaper. His words: “I’m going to be...
VP Shettima Calls For Equity In Distribution Of Fertilizers To Nigerian Farmers
Vice President Kashim Shettima has called on stakeholders to ensure transparency, equity and fairness in the distribution of fertilizers to farmers. He made the call on Tuesday when he met with Fertilizers Producers and Suppliers Association of Nigeria (FEPSAN) at the Presidential Villa, Abuja. Shettima said President Bola Tinubu is passionate about reducing the cost of fertilizers for Nigerian farmers as...
No More Airports’ Concession, National Carrier, Aviation Minister Keyamo Declares
Minister of Aviation and Aerospace Development, Festus Keyamo, SAN, has suspended airports’ concession and national carrier. Both airports concession and national were major projects under the aviation roadmap implemented by the immediate past administration of President Muhammadu Buhari. But speaking during a tour of the Murtala Muhammed International Airport (MMIA) in Lagos, his first tour of the busiest airport in Nigeria...
