Again, NBS pegs unemployment rate at 4.2 per cent amid business closure

Unemployed Nigerian youths. Photo:Nairametrics – Experts insist data not consistent with realilities Organised labour and other experts have faulted the newly released labour data pegging the unemployment rate at 4.2 percent, saying the figure does not conform with current realities. Stating that the unemployment rate by the National Bureau of Statistics (NBS) does not make […]

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Passengers stranded as 50% transportation rebate scheme stalls

Yuletide: Stranded Passengers at motorparks. Photo: PM News • We are yet to receive funds from FG – transport firms • Free train ride begins, NRC expresses concern over implementation • LCCI: Ensure proper planning, coordination to safeguard transporters first • FCCPC investigates hike in airfare, speaks on price regulations • FG to lift five […]

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How Emefiele, others stashed billions in 593 accounts in US, UK, China – Report

Godwin Emefiele arrives in court on July 25, 2023 The former Central Bank governor, Godwin Emefiele, has been accused of operating 593 bank accounts in the United States, the United Kingdom, and China, where Nigerian funds were allegedly kept without authorization by the CBN’s Board and Investment Committee. A report by a special investigator appointed […]

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Ebenezer Obey: Unstoppable flight of destiny (2)

By Tunde Odesola Out, out, brief candle! And the bard died. Darkness descended. The soul departed the body in a final shuttle, shuffling off this mortal coil, to be heard no more but his legacy lives on, Sikiru Ayinde Barrister (MFR). Unlike Fuji music, whose originator, Barrister, battled lifelong to assert his kingship, Jùjú music […]

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Adesina wins Obafemi Awolowo Leadership Prize

Executive Director, Obafemi Awolowo Foundation, Tokunbo Awolowo-Dosumu (left); Chairman, Selection Committee, Obafemi Awolowo Prize for Leadership, Emeka Anyaoku; Member of the committee, Ayo Adebanjo, and member of the technical committee, Obafemi Awolowo Prize for Leadership, Oyebanji Oyeyinka at the unveiling of the recipient of the Awolowo Prize for Leadership in Lagos…yesterday. Photo: Ayodele Adeniran President […]

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Passengers overwhelm free inter-state Yuletide train service

There was a passenger surge yesterday as the free train service took off in line with the presidential directive. However, the bus transportation part of the programme, had not taken off yesterday. The Federal Government on Wednesday announced President Bola Ahmed Tinubu’s approval of rebates for transportation during the yuletide, beginning yesterday. In the programme, […]

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Reps invite CBN Governor, Finance Minister over naira scarcity

Apex bank warns banks, PoS Agents against collusion Traders hoard naira The House of Representatives yesterday summoned the Minister of Finance and National Planning and Budget and Governor of the Central Bank of Nigeria (CBN) to explain why commercial banks are not paying customers over the counter and Automated Teller Machines (ATMs). The House also […]

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Reps consider semester-based fees for tertiary institutions

House of Representatives is considering the introduction of semester-based school fees in tertiary institutions in the country. This followed the adoption of a motion sponsored by Mr Sa’ad Taura at the plenary presided by the Deputy Speaker, Mr Benjamin Kalu. Taura, representing Taura/Ringim Federal Constituency of Jigawa State, justified the initiative, saying it was in […]

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Reps summons Sirika over ‘Nigeria Air’ project

House of Representatives has summoned immediate past Minister of Aviation, Hadi Sirika, over the national carrier project, “Nigeria Air.” The lawmakers ordered the Committee on Aviation to invite Sirika to brief the lower legislative chamber on the state of the project as of the time he left office. The ex-minister is to shed light on […]

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Nigeria… The making of a human rights abuse haven

Human Right Abuse in Nigeria The bloody legacy of past and present administrations has, over the years, presented the country as a killing field where no premium is placed on human life. The fact that little is done to remedy rights abuses and violations is simply troubling and soils the country’s image internationally. While state […]

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