NEWS
FG Plans Tax Reform To Access $750m W’Bank Loan
FG moves to implement important tax reforms to meet the requirements of the World Bank $750 million loan to increase tax revenue and efficiency. This loan project is a part of the broader $2.25 billion approved by the World Bank for Nigeria on June 13, 2024, to bolster Nigeria’s economic stability and support its vulnerable populations. The other second part of...
NLC Slams IMF For Denying Fuel Subsidy Removal
NLC has criticized the IMF for denying accountability for the recent elimination of gasoline subsidies by the Nigerian government. The Congress describes the denial as cynical and emblematic of the IMF and World Bank’s longstanding pattern of imposing harsh economic policies on developing nations. In a statement on Sunday, NLC National President, Joe Ajaaero, criticised the IMF for presenting its harmful...
Abia Govt Blasts NLC, Denies Demanding 90% Of LG Funds, Warns Against Fake News
Abia State Government has denied sending a Bill to the state House of Assembly demanding the ceding of 90% of local government funds to it, leaving LGs with just 10%. This is in response to a letter sent to the state House of Assembly by the Nigeria Labour Congress (NLC) Abia State in which it urged the Speaker to reject...
Obi Aguocha Meets Nnamdi Kanu In Custody, Resolves Access Restriction To His Lawyer (Photos)
The member representing Ikwuano/Umuahia federal constituency of Abia State, Hon. Obi Aguocha has paid a visit to one of his constituents, and the embattled leader of Indigenous People of Biafra (IPOB), Mazi Nnamdi Kanu, ABN TV reports. The lawmaker visited Nnamdi Kanu in the custody of the Department of States Services (DSS) where he has been detained since 2021. The visit...
Rivers Governor Fubara Reaffirms Support For Police As New CP Bala Resumes
ABN TV reports that Rivers State Governor Sir Siminalayi Fubara reaffirmed his administration's commitment to supporting the Nigeria Police Force during a meeting with the newly appointed Rivers State Police Commissioner CP Mustapha Bala at Government House in Port Harcourt. Governor Fubara emphasized the importance of professionalism and collaboration between the state government and the police, stating, "We have our...
Okpebholo: Diaspora Group Congratulates Omorede Osifo on Appointment
The Diaspora Friends for Monday Okpebholo and Dennis Idahosa has congratulated its Co-Coordinator, Hon. Omorede Osifo on her appointment as a member of the Inauguration Planning Committee for Edo State Governor-Elect, Senator Monday Okpebholo's inauguration ceremony as Governor of Edo State. The APC diasporan support group played a significant role during the campaigns leading to the September 21, 2024 Edo...
Okonjo-Iweala Denies Claim Of $57.5bn Loan To Biafra By Simon Ekpa
The Director-General of the World Trade Organization, Dr. Ngozi Okonjo-Iweala, on Thursday debunked claims of her involvement in facilitating a $57.5 billion loan for the Biafra Republic Government in Exile. A controversial Biafran agitator, Simon Ekpa, in a now-deleted post on X, had claimed the World Bank and the International Monetary Fund (IMF) have agreed to loan $57.5 billion to...
Blame Africa’s Food Insecurity On Policy Somersault” – Obasanjo
Former President Olusegun Obasanjo has blamed lack of continuity and policy somersault as major obstacles to achieving food security in Africa. Obasanjo said that the government should also stay away from getting involved in the business of production but rather provide the enabling environment that could make the private sector drive the economy of the country. The former president said that...
Sokoto Gov’s Food Subsidy Initiative Gets Assembly’s Support
Subsidized food supplies and other commodities for the state's citizens have been approved by the Sokoto State House of Assembly. The News Agency of Nigeria reports that the assembly also approved that a commendation letter be written to Governor Ahmed Aliyu for the bold step taken to ameliorate the plights of the common people. NAN recalls that the state government had...
Stakeholders Examine Future Of Nigeria’s Cocoa Industry
The Cocoa Farmers Association of Nigeria and other key stakeholders pledge to ensure compliance with the EUDR in Nigeria. They underscored the need to support the inclusion of youths in cocoa farming and processing through entrepreneurship development for the sustainability of the cocoa sector. The national president of the association, Adeola Adegoke, disclosed to newsmen on Thursday at the 3rd National...
