Police IG reads Riot Act ahead of Edo election
Ahead of the Edo State governorship election slated for September 21, 2024, the Inspector-General of Police (IGP), Kayode Egbetokun, has issued a stern warning to political actors, supporters, and voters, to play by the rules or face the full wrath of the law. Speaking at the Election Stakeholders’ Meeting in Benin City, Edo on Wednesday, Egbetokun revealed […]
Edo polls: INEC has no candidate – Yakubu
Ahead of the September 21 Edo state governorship election, the Independent National Electoral Commission (INEC) has expressed readiness and strong commitment to conducting a free fair and credible election in the state. The INEC Chairman, Prof Mahmood Yakubu, who gave this assurance in Benin City today, after assessing the level of readiness by the staff the commission […]
Maiduguri Flood Affects Thousands, Presidency Direct Evacuation
President Bola Tinubu has ordered the National Emergency Management Agency to assist the flood victims in Maiduguri. Tinubu in a statement by his Special Adviser on Information and Strategy, Bayo Onanuga, described the flood as the worst in recent decades, having displaced thousands of residents and affected facilities such as the Shehu’s Palace, Post office and the Maiduguri Teaching Hospital. The President also called for the immediate evacuation of people from affected areas and assured Governor Babagana Zulum of federal support to address the humanitarian needs of the affected population. Major roads, houses, and shops in Maiduguri metropolis, the Borno State capital, and parts of the Jere Local Government Area have been submerged by floodwaters, and a prison wall located along the Custom area was reportedly broken by the flood, allegedly drowned some inmates while several others escaped for their lives.
VAT Remains 7.5% Reports Financial Minister
Nigeria’s value-added Tax rate remains 7.5 per cent and not 10 per cent, as suggested in some reports making the round. Minister of Finance and Coordinating Minister of the Economy, Wale Edun, gave the clarification in a statement yesterday, saying neither the Federal Government nor any of its agencies will act contrary to what the laws stipulate. Addressing concerns over government actions perceived as burdensome, Edun reassured Nigerians that fiscal policies are designed to promote sustainable economic growth and alleviate poverty, not to hinder them.
FG Exempts Varsities’ Research Grants From TSA
President Bola Tinubu has approved the exclusion of third-party research grant funds of federal universities and research institutions from the Treasury Single Account. This is contained in a letter signed by the Acting Executive Secretary, National Universities Commission, Chris Maiyaki, to Vice Chancellors. Already, the Minister of Education, Prof. Tahir Mamman, has conveyed this directive to the Minister of Finance, Wale Edun, mandating the exemption, which grants universities and research institutions the autonomy to operate their endowment fund accounts in commercial banks.
FG Assures Fuel Crisis will Ease With More Supply
The Minister of State for Petroleum, Heineken Lokpobiri has assured the public that the fuel crisis experienced across the nation would soon be resolved, noting that the Nigerian National Petroleum Company Limited (NNPCL) has sufficient fuel supplies to meet national demand. The Minister of State for Petroleum made this known while addressing State House Correspondent […]
Chinese President pledges $50 Billion For Africa Development
President Bola Tinubu today (Thursday) in Beijing, China, has called for the sustenance of the cooperation drive and emphasized the need for peaceful dialogue, transparent business practices, and diplomatic Conflict resolution in deepening the bond between Africa and China. Speaking at the opening ceremony of the 2024 Summit of the Forum on China-Africa Cooperation (FOCAC) […]
NEC Issues Deadline for submission on State Police
The National Economic Council (NEC) has announced Monday September 9th as deadline to four states: Adamawa, Kebbi, Kwara, and Sokoto—along with the Federal Capital Territory (FCT), yet to submit their reports on the establishment of State Police. Briefing State House Correspondents after the NEC meeting presided over by Vice President Kashim Shettima, in Abuja, Deputy Governor of […]
Africa Holds Vast Investment Opportunities Says President Tinubu
President Bola Tinubu says Africa holds vast opportunities for investments, growth, and development with its vibrant population, productive economy, and natural resources. Speaking at a bilateral meeting today (Wednesday) in Beijing, China, with Chinese Premier Li Qiang, President Tinubu commended the role of the Forum on China–Africa Cooperation (FOCAC) in advancing partnership between Africa and China for […]
FG denies involvement as NNPC Increase Petrol Pump Price
Meanwhile, the Federal Government has denied a report that the Ministry of Petroleum Resources ordered the NNPC Limited to sell petrol at ₦1,000 per litre. In a statement yesterday, the Special Media Adviser to the Minister for Petroleum Resources (Oil), Nnemaka Okafor, declared that the report was concocted and ill-conceived to sow discord and confusion in the oil industry. It stressed that the Federal Government had never interfered with petroleum pricing with NNPCL, but promised to provide updates when available.
