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CBN restricts milk importation to six companies

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The Central Bank of Nigeria (CBN) has added milk and dairy products to the list of items not eligible for forex. However, the bank exempted six companies from the restriction. “As part of efforts to increase local production of milk, its derivatives and dairy products, the Central Bank of Nigeria has engaged with some companies in the industry who have keyed...

Court Adjourns Nnamdi Kanu’s Trial Over Absence Of FG’s Counsel

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Amidst heavy presence of security agents, the Abia State High Court, Umuahia today (21st September 2021) adjourned Nnamdi Kanu’s fundamental rights Suit filed before the Abia court by his Counsel, Aloy Ejimakor on 27th August, 2021. ABN TV reports that the matter came up before the vacation judge, Justice KCJ Okereke. Speaking to the media, Barrister Ejimakor expressed confidence in...

Abia Speaker Mourns Chief Allen Nwachukwu, Describes Him As Man Of Humane Personality

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Speaker of the 7th Abia State House of Assembly, Rt Hon Chinedum Enyinnaya Orji, has expressed sadness over the passing on of Chief Allen Nwachukwu, father of Honourable Nnamdi Allen Nwachukwu, Member representing Osisioma South State Constituency. The Speaker in a condolence message to the family, described Chief Nwachukwu, as a man of humane personality, uncommon wisdom, an astute politician...

‘FG is setting our killers free’ – soldiers kick as 1,400 Boko Haram suspects are released

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Some soldiers at the war front in the north-east have expressed disappointment over the release of 1,400 ”repentant” Boko Haram suspects. Babakura Jato, commissioner of information in Borno state, on Monday, told The PUNCH that 1,400 had been released in three tranches since Operation Safe Corridor programme was launched. Operation Safe Corridor is an initiative for the deradicalisation and rehabilitation of...

Sack Your ‘Wasteful’ Chief of Staff, Hand Him Over For Investigation, Group Tells Ikpeazu

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Following the suspension of Chief of Staff to Abia State governor, a group Concerned Abia Professionals has urged governor Okezie Ikpeazu to move beyond suspension but sack Dr ACB Agbazuere. Though the state government did not give a reason for the suspension of Agbazuere, pundits believe it may not be unconnected with a trending video where the Chief of Staff...

NLC To Embark On Nationwide Protest Over Fuel Subsidy Removal On Jan 27, Feb 1

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The Nigeria Labour Congress, NLC has warned the Federal Government against plans to remove the fuel subsidy in 2022, saying the action will be met with nationwide protests. The congress said the planned rallies would commence without warning should the FG announce new fuel prices next year. The union disclosed it would stage a protest across the 36 states of the...

Faction Backs Out As bakers Commenses Strike Tuesday

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Withheld Salaries: SSANU, NASU Declare 7-Day Warning Strike

A group of bakers in the country, on Monday, kicked against the nationwide strike declared by some of their counterparts, starting on Tuesday. The Association of Master Bakers and Caterers of Nigeria announced on February 14 that it is poised to begin a nationwide strike on February 27 unless the Federal Government honours the agreement made with the association in...

Three Banks Looted By Hoodlums In Rivers

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Three Banks Looted By Hoodlums In Rivers

In Port Harcourt, the Rivers State capital, hoodlums destroyed three commercial banks and looted properties in protest of the Central Bank of Nigeria's naira redesign policy. According to PUNCH, the affected institutions on Friday afternoon were First Bank in Churchill and Keystone Bank along Aggrey Road, both in the old Port Harcourt Township area of Port Harcourt. Customers destroyed the First...

Owo Church Attack: Akeredolu Directs Flying Of Flags At Half Mast

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Church Attacks Are Politically-Motivated, Says President Buhari

Governor Rotimi Akeredolu has directed that all public buildings, facilities, and official residences fly the Nigerian flag at half-mast for seven days following the attack on Owo church where many were killed and several injured. Akeredolu said the ...

FG, Siemens Deal Excites Electricity Consumer Group

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All Electricity Consumers Protection Forum says the power supply deal between the Federal Government and Siemens can help end the country’s energy crisis. Mr Adeola Samuel-Ilori, the National Co-ordinator of the forum, spoke to the News Agency of Nigeria (NAN) on Monday in Lagos while reviewing the performance of President Muhammadu Buhari in the power sector. NAN recalls that the Presidency...

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