Fresh concerns over cost, relevance of NYSC scheme in lean times

At the estimated cost of N120 billion yearly amid austerity, the ideals of the National Youth Service Corps (NYSC) are in for relevance and sustainability crises, Iyabo Lawal writes. On monthly stipends of corps members alone, the Federal Government has spent at least N475.2 billion between 2020 and 2023, estimates reveal. Recall that the administration […]

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Nigerians may wait longer for Tinubu’s cabinet despite hasty screening

• Office of SGF, CoS preparing for swearing-in, retreat next week – Source • Economy drifting, needs an anchor with cabinet running, says Osaikhuiwu • Oshiomhole: Tinubu inherited terrible economic situation • BudgIT demands clear roadmap for Tinubu’s economic relief package Eighty days into the administration, President Bola Tinubu is yet to constitute a cabinet […]

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FG in deregulation dilemma as 24% inflation worsens poverty

• Stakeholders insist figures are under-reported •‘Nigerian manufacturers have become endangered species • Palliatives will not have any effect this year – AFAN • Expert foresees higher interest rate at next MPC meeting • We need to look beyond monetary policy for a solution, ICSAN warns As inflation bites further, mostly from the effects of […]

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There’ll be no increase in fuel price, Tinubu assures Nigerians

President Bola Ahmed Tinubu has assured Nigerians that there will be no increase in the pump price of petrol in any part of the country. Presidential spokesman Ajuri Ngelale said this on Tuesday, quoting President Tinubu. According to Ngelale, the market has been deregulated and will remain so. He stressed that government will address the […]

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UNIOSUN chosen as exclusive academic partner to UNESCO on cultural heritage

Osun State University (UNIOSUN) has been chosen as the exclusive academic partner to collaborate with the Federal Ministry of Information and Culture in the formulation and execution of the proposed Nigerian Living Human Treasure Commission, an affiliate of UNESCO. This was contained in a statement issued on Monday by the University’s Public Relations Officer, Ademola […]

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Osun wants effective partnership with ECG, MDAs to boost revenue

The Chairman of Osun Internal Revenue Service (OIRS), Prince Adesola Adewumi has advocated a smooth working relationship between the Electronic Consulting Group (ECG) and revenue generating MDAs in order to boost the state’s income. He stated this during a meeting he held with the ECG Team and relevant revenue generating MDAs in the state. The […]

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Osun Prisons Comptroller laments congestion at correctional centres

The Comptroller of Osun State Correctional Service, Mr. Tolu Ogunsakin has lamented the congestion at the correctional centres. He stressed the need to decongest them. He spoke while presenting the record of the inmates in the Ilesa correctional facility to the Attorney General and Commissioner of Justice, Hon Jimi Bada and his team who visited […]

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No plan to increase petrol price – NNPCL

The Nigerian National Petroleum Corporation Limited (NNPCL) on Monday evening reacted to the speculations that petrol prices might be increased further. It said this in reaction to the speculations that the price of petrol might increase to N750 per litre. The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Friday indicated that the pump price […]

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Tinubu’s reforms face stress test amid Labour threats, forex scarcity

Torn between Niger Republic’s political deadlock and Nigeria’s lingering fuel crisis, the road ahead of President Tinubu is bumpy. • Marketers insist on hike as forex crisis, FIRS compound situation • NOGASA worried over state of local refineries, roads • Local modular refineries lack crude, unreliable, marketers say The Nigeria Labour Congress (NLC) and its […]

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PDP says Nigerians tricked to elect APC in 2023 elections now wailing in regret

President Bola Ahmed Tinubu delivers his speech after taking the oath of office during his inauguration at Eagle Square in Abuja, on May 29, 2023. The 71-year-old succeeds 80-year-old former army general Muhammadu Buhari of the same party, who stepped down after two terms in office, leaving a country facing a sea of economic troubles […]

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