Subsidy: FG may spend N236bn monthly on imported, Dangote petrol

Subsidy: FG may spend N236bn monthly on imported, Dangote petrol

The Federal Government may spend about N236 billion monthly to subsidise the Premium Motor Spirit, popularly called petrol, that is imported through the Nigerian National Petroleum Company and the one that is solely off-taken by NNPC from the Dangote Petroleum Refinery. On Monday, the President and Chief Executive of Dangote Group, Alhaji Aliko Dangote, called on the Federal Government to end fuel subsidies completely. He said the removal would help […]

September 25, 2024 12

ENTERTAINMNET

Bobrisky denies giving N15m to EFCC officers, refutes viral audio

Popular crossdresser, Idris Okuneye, popularly known as Bobrisky, has denied a bribery allegation levelled against him by a social media influencer, Martins Otse, also known as VeryDarkMan. In a viral audio released by VeryDarkMan, Bobrisky alleged that some unnamed Economic and Financial Crimes Commission operatives collected N15 million from him to drop money laundering charges against him. Reacting to the viral audio in a statement on Tuesday, the EFCC’s Head […]

September 25, 2024 22

NEWS

Hard times: Senior varsity workers in battle for survival, scamper for palliatives

The biting economic conditions in the country have not spared both the teaching and non-teaching staff members of universities, as much as it has not spared anyone. From the rising cost of petrol with attendant inflation in transport fare to the scarcity of fuel and the skyrocketing prices of foods and commodities, university workers appear to bear a greater brunt. A release by a former chairman of SSANU at the […]

September 25, 2024 9

NEWS

10 Nigerian stars to watch out for in the 2024/25 UEFA Europa League

VICTOR OSIMHEN (Galatasaray vs. PAOK Thessaloniki) Unarguably Nigeria’s biggest star in Europe club competitions, Osimhen will be expected to bring his A-game for Galatasaray against the Greeks tonight at RAMS Park in Istanbul. Unfazed by the protracted summer transfer saga, the 25-year-old has hit the ground running at Galatasaray following his season-long loan arrival from Napoli earlier this month, providing two assists in as many Turkish Super Lig games that ended […]

September 25, 2024 9

NEWS

Kendrick Lamar makes history, to headline 2025 Super Bowl Halftime solo performance

Grammy-winning rapper Kendrick Lamar is set to make history as the first solo rapper to headline the 2025 Super Bowl halftime show, scheduled for February 9 at the Caesars Superdome in New Orleans. The artiste confirmed the news on Sunday through a post on X, where he expressed excitement about taking centre stage for the iconic event. Sharing the message, “#SuperBowlLIX. New Orleans,” Lamar also posted a YouTube link to […]

September 9, 2024 22

NEWS

Several passengers injured as plane skids off runway in Indonesia

A plane with 48 people aboard skidded off the runway in Indonesia’s remote eastern region of Papua on Monday, police said, injuring several passengers. The Southeast Asian archipelago has a poor aviation safety record, and Papua is covered in mountainous terrain where flying is hampered by frequent poor weather. The ATR-42 aircraft belonging to Trigana Air was taking off from an airport in the remote Yapen Islands regency to Papuan […]

September 9, 2024 20

NEWS

Several passengers injured as plane skids off runway in Indonesia

A plane with 48 people aboard skidded off the runway in Indonesia’s remote eastern region of Papua on Monday, police said, injuring several passengers. The Southeast Asian archipelago has a poor aviation safety record, and Papua is covered in mountainous terrain where flying is hampered by frequent poor weather. The ATR-42 aircraft belonging to Trigana Air was taking off from an airport in the remote Yapen Islands regency to Papuan […]

September 9, 2024 17

NEWS

Eurozone markets gain as investors bet on ECB stimulus

European stock markets climbed at the open on Monday, recovering slightly from heavy pre-weekend falls on US economic strains, as investors await an expected interest-rate cut from the European Central Bank. London’s FTSE 100 index climbed 0.6 per cent to 8,229.58 points. In the eurozone, the Paris CAC 40 index won 0.4 per cent to 7,380.88 points and Frankfurt’s DAX gained 0.4 per cent to 18,368.13. The European Central Bank […]

September 9, 2024 9

NEWS

Zamfara gov delivers on healthcare promise, renovates hospital

Zamfara State Governor, Dauda Lawal has reaffirmed his administration’s commitment to ensure that projects of utmost importance are given the highest priority. Lawal made the commitment while inaugurating the renovated general hospital in Maru Local Government Area.This was according to a statement on Sunday by the spokesperson to the governor, Sulaiman Idris. The statement noted that Lawal’s administration is in the process of renovating and equipping all the general hospitals […]

September 9, 2024 11

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