Port Harcourt Refinery African Refinery Port Harcourt Limited, the NNPC Joint Venture Partner in the 100,000 barrels per day refinery currently being developed within the Port Harcourt Refinery Complex, has lauded the bold decision to remove the premium motor spirit (PMS) subsidy. In a statement made available to journalists, African Refinery’s Chief Executive Officer, Omotayo […]
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NNPC Headquarters • Amid closure, CSOs, stakeholders seek audit of DSDP, subsidy payments • NNPC turned down our request for details of DSDP contracts, says CTA • Experts fear auditing of DSDP, subsidy will achieve nothing • NNPC mum over scathing allegations Although exact figures and terms of reference remain a secret as transparency and […]
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A Florida woman has been arrested for fatally shooting her neighbour through a door in an allegedly racially charged confrontation over the slain woman’s children. Susan Lorincz, 58, has been taken into custody on manslaughter charges for the death of 35-year-old Ajike Owens, the Marion County Sheriff’s Office said in a statement. Lorincz is white […]
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By ‘Femi D. Ojumu Economists characterise market failure as an inefficient distribution of goods and services in a properly functioning free-market economy. After all, free market orthodoxy establishes the principle that the market forces of supply and demand should ordinarily determine the prices of goods and services. The logical deduction therein is that a subsidy, […]
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The presidential candidate of the Peoples Democratic Party, (PDP), Alhaji Atiku Abubakar, on Wednesday, blamed the Independent National Electoral Commission, (INEC), for clogging the wheel of progress in the prosecution of his petition. Atiku told the Presidential Election Petition Court, (PEPC) on Wednesday in Abuja that despite paying N6.69 million to the commission for certified […]
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The Senate, yesterday, approved President Bola Tinubu’s request to appoint 20 special advisers (SAs). A correspondence to that effect was read by Senate President, Ahmad Lawan, on the floor of the upper legislative chamber. In the request to the Red Chamber, the President did not list who the 20 aides are. But after Tinubu’s letter […]
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President Bola Ahmed Tinubu has beckoned on the European Union (EU) to help his administration fight against poverty and insecurity in Nigeria and Africa as a whole. Tinubu on Wednesday in a statement signed by his spokesman, Abiodun Oladunjoye called on the EU to assist Nigeria and Africa in strengthening security and economic development to […]
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Labour Party presidential candidate during the presidential election of February 25, Peter Obi was welcomed by thousands of party supporters in Yola Adamawa state on Tuesday. He ays he would have provided various relief policies for Nigerians after removing the subsidy on fuel. Recall that President Bola Ahmed Tinubu during his inauguration at Eagle Square […]
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President Bola Ahmed Tinubu has sworn in Senator George Akume as the new Secretary to the Government of the Federation (SGF) at the Presidential Villa in Abuja. The Guardian reports that Akume in a brief ceremony on Wednesday which had dignitaries including some serving and former Governors in attendance took his Oath of Allegiance and […]
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Photo Credit: Ologeh Otuke Charles By Banji Ayoola At exactly 1.25 pm on Friday, June 2, 2023, the remains of a renowned educationist and foremost Yoruba teacher, Chief Bamidele Olotu were lowered into the earth at his Iro Ekiti, Ekiti State country home. Chief Olotu who was also a former President of Egbe Akomolede ati […]
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