Skyrocketing prices of food items and utilities have greatly eroded the average disposable and purchasing incomes of Nigerians. In this report, Assistant Business Editor, Chikodi Okereocha; Tofunmi Sanusi, Chidalu Ezekiel and Chibugo Oyeneze examine the underlying issues and effects on the average living standards For many Nigerians, life has become a grind. The skyrocketing price […]
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• Epileptic power supply, exchange rate raise cost of production by 30% • Stakeholders urge FG to reschedule existing loans, grant tax holiday to firms • Local sourcing of raw materials solution to forex scarcity, says MAN The harsh operating environment aggravated by COVID-19 disruptions and foreign exchange liquidity crisis has caused the fortunes of […]
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The row between governors and the National Assembly over the adoption of direct primary clause in the Electoral Act Amendment Bill is not over. Governors are mounting pressure on the Senate and House of Representatives to reverse the decision, it was learnt yesterday. The targets of the pressure are Senate President Ahmed Lawan and House […]
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Publisher, The Guardian, Maiden Alex-Ibru (middle) on stage as Asian World Film Festival announces competition winners and honourees during closing night at Saban Theatre in Beverly Hills, California. Photo: Michael Bezjian/Getty Images The publisher of The Guardian Newspapers, Lady Maiden Alex-Ibru, has won the 2021 Ladies Tiffany Circle/Red Cross Courage to Dream Award. The award […]
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By Joel Ademisoye Wow! What is this President Muhammadu Buhari administration’s policy on hiking the prices for electricity meters – single-phase and three phase respectively- to be sold to the consumers in the country? What are the economic rationale and financial justification for the Federal Government of Nigeria in raising the prices of pre-paid meters […]
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Works and Housing minister, Mr. Babatunde Fashola, says he does not know what happened to the video camera he recovered at the Lekki tollgate after the #EndSARS protests. He said this during an interview on Arise Television which was monitored by our correspondent. The former governor of Lagos State, who had visited the state in […]
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Lawrence Ajodo, a fake police officer arrested alongside 13 others for laying siege to the Abuja residence of the Supreme Court Justice, Mary Odili, has reportedly carried out the acts on other occasions with the backing of highly placed officials, it has been learnt. It was gathered that Ajodo had been involved in four similar […]
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Hundreds of residents were on Sunday afternoon sacked from their homes with vehicles submerged after flash floods affected Ekoro, Ajisebiara-Mecca, Akowonjo, Oko Oba and Egbeda areas of Lagos State. Many canals overflowed, causing several electric poles to fall, raising fears of possible electrocution. The rains started around 1:20pm while worshippers were returning from church and […]
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The All Progressives Congress on Sunday released a timetable for Ekiti and Osun states governorship elections scheduled to hold in 2022. An official notice signed by the National Secretary of the Caretaker/Extraordinary Convention Planning Committee, Sen. John Akpanudodehe, revealed that the sale of nomination forms begins 16th (Ekiti) and 18th (Osun) November 2021. The Independent […]
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Ondo State Governor Oluwarotimi Akeredolu said that his administration has uncovered a grand plot to blackmail his son, family members and the State Government with fabricated details and spurious allegations. He was reacting to allegations by the Ondo State Concerned Timber Merchants (OSCTIM) that the State Government planned to hand over the state forest reserve […]
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