Subsidy rises to N500b, NNPC rules out fuel price hike

NNPC GMD, Mele Kyari With the Federal Government leaving the pump price of Premium Motor Spirit (petrol) unchanged in the first five months of this year despite the increase in global oil prices, subsidy on the product is estimated to gulp N500bn in the period. The Punch had reported on January 11 that the sustained […]

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Governors, council chairmen protest FG’s planned deduction of $318m

The request for the deduction of $318 million from the Federation Account as legal fees to a judgment creditor has set governors on a collision course with the Federal Government. The money is to be deducted over a 10-year period, from the account of the 774 Local Government Areas. Those making the request have asked […]

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Three INEC officials die in Borno road crash

INEC chairman, Prof Mahmoud YThree staff members of the Independent National Electoral Commission (INEC) serving in Borno State have died in a ghastly road accident. The employees, comprising an Electoral Officer (EO) and some Assistant Electoral Officers (AEOs), were reportedly travelling from some local councils to Maiduguri for a special training ahead of the conversion […]

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‘South East must not slide into anarchy’

The Foundation for Environmental Rights Advocacy and Development (FENRAD) has cautioned operators of the system in the South East against allowing the security breaches in the region to degenerate into “anarchy of solitary, poor, nasty, brutish and short.” In a statement yesterday by its Executive Director, Nelson Nnanna Nwafor, the group regretted that the once […]

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Churches, UNICEF begin move to end violence against women, girls

President of Christian Council of Nigeria and Vice President of the Fellowship of Christian Councils and Churches in West Africa (FECCIWA), Most Rev. Benebo Fubara-Manuel, has decried the level of violence and insecurity in the country, lamenting the inability of the government to provide shelter for vulnerable women and girls. He also lamented the inability […]

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We won’t increase ex-depot Price in May – NNPC

The Nigerian National Petroleum Corporation (NNPC) says it will not increase the ex- depot price of Premium Motor spirit also known as petrol in May. The Group Managing Director, Malam Mele Kyari, made this known at the end of a closed door meeting with Petroleum Transport Drivers (PTD), National Association of Road Transporters Owners (NARTO) […]

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Navy commanders to sign performance bond

Chief of Naval Staff, Rear Admiral Zubairu Gambo Navy commanders at all levels in the country will henceforth sign performance bond to enhance operational efficiency, Chief of Naval Staff, Vice Admiral Awwal Zubairu Gambo, has said. According to him, the feedback mechanism is emplaced as part of measures to stimulate effective management regime. Gambo made […]

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PDP chief, Orbih asks FG to stop bullying governors over $2.1b refund

National Vice Chairman Southsouth of the Peoples Democratic Party (PDP), Chief Dan Orbih, has asked the Federal Government to stop bullying Governors over the $2.1 billion refund of the budget support loan. He also said Edo Governor Godwin Obaseki should not be vilified for revealing that the administration of President Muhammadu Buhari printed N60 billion […]

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Chinese loans constitute danger to Nigeria’s economy, diaspora body warns, calls for re-evaluation

Nigeria’s President Muhammadu Buhari and his Chinese counterpart, President Xi Jinping says: All loans from China are claimed to be on  concessional terms but details of the loans are shrouded in secrecy Well-meaning Nigerians should hold government to account and demand answers Government should provide details of the $460 million loan used to fund the […]

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