Subsidy removal: NLC starts strike Wednesday, TUC dithers

As Nigerians continue to writhe in agony over the fuel subsidy removal by the Federal Government, which resulted in over 200 percent hike in the pump price of petrol, the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC), yesterday, differed on whether to proceed on strike over the development in the coming days […]

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EFCC lacks constitutional powers to probe Zamfara State’s accounts, court declares

Sets aside Commission’s invitation to past, serving Zamfara officials A Federal High Court, sitting in Gusau, Zamfara State has declared that the Economic and Financial Crimes Commission does not have the powers to invite (by letters, telephone calls, or any other means of communication) serving and past officials of the Zamfara State Government for the […]

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Lagos warns against panic buying, hoarding of fuel

Following the recent increase in the price of Petroleum Motor Spirit (PMS), known as petrol, as a result of the removal of subsidy, the Lagos State government on Friday advised residents of the State against panic buying and hoarding of fuel. In a statement, it also urged residents to stop patronising black marketers, saying with […]

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Tinubu holds meeting with Makinde, Wike, Ibori

Makinde, Tinubu, Wike President Bola Tinubu on Friday held a meeting with the Oyo State governor, Seyi Makinde, the immediate past governor of Rivers State, Nyesom Wike, and a former Delta state governor, James Ibori. The trio of Makinde, Wike, and Ibori reportedly walked into the venue of the meeting with Tinubu at around 4:25 […]

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Tinubu meets intelligence, security chiefs, gives mandate to tackle insecurity

Says new administration won’t condone working at cross purposes Appeal Court President calls for fervent prayers to end killings President Bola Tinubu, yesterday, met with the nation’s security apparatchik at the Presidential Villa, Abuja, where he gave marching orders to heads of security agencies in the country to redouble efforts in dealing with the menace […]

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CBN denies devaluing naira, commits to gradual rate convergence

The Central Bank of Nigeria (CBN) says it has not devalued the naira, even as it pledged its commitment to gradual rate convergence. The Deputy Governor in charge of Economic Policy, Dr. Kingsley Obiora, made this known, yesterday, in Abuja at the Fiscal Liquidity Assessment Committee (FALC) retreat. This comes as the Import and Export […]

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Petrol subsidy: Tinubu toes painful path to economic rebirth

A radical shift from years of prodigal spending of scarce resources on fuel subsidy needs little or no persuasion in the light of biting economic realities. But beyond Mr. President’s ‘subsidy is gone’ slur, is the imperative of a clear-cut socio-economic plan and programmes to cushion the domino effects of the post-subsidy era. The Tinubu-led […]

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Tinubu appoints Gbajabiamila as chief of staff, Akume is SGF

President Bola Ahmed Tinubu has appointed the Speaker of the House of Representatives, Hon. Femi Gbajabiamila as his Chief of Staff. A statement on Friday by the State House spokesman Abiodun Oladunjoye, also announced the appointment of a former Governor of Benue State and immediate past Minister of Special Duties, George Akume, as Secretary to the […]

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