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The Federal Executive Council on Wednesday approved the National Poverty Reduction with Growth Strategy submitted by the Presidential Economic Advisory Council. The decision was taken at the weekly meeting of the council presided over by the President, Major General Muhammadu Buhari, at the Presidential Villa, Abuja. The Special Adviser to the President on Media and Publicity, Femi Adesina, who briefed State House correspondents at the end of the meeting said […]

The Federal Government has again cautioned Nigerians against embarking on irregular migration in search of greener pasture. Permanent Secretary, Ministry of interior, Dr Shuaib Belgore gave the advice at the formal presentation of servicom compliance evaluation report on federal marriage registries in Nigeria by the national coordinator of servicom, Mrs Nnena Akajameli. While speaking to our correspondent, Toffa Momoh, after the presentation, Balgore expressed concern over the increasing number of […]

The Nigerian Electricity Regulatory Commission has announced that another tariff review for Nigeria’s 11 power distribution companies would hold in July. It disclosed this in its notice of Minor and Extraordinary Review of Tariffs for Electricity Transmission and Distribution Companies, a development that might lead to a rise in the tariffs payable by electricity users. The commission explained that the extraordinary tariff review was as a result of changes in […]

The global oil benchmark, Brent crude, declined on Monday as the Organisation of the Petroleum Exporting Countries and its allies indicated that it was watching surging COVID-19 cases in India, the world’s third-biggest oil importer.   Brent crude, against which Nigeria’s crude oil priced, went down by $0.49 to $65.62 per barrel as at 8:31pm Nigerian time on Monday, according to EnergyIntel.   The US West Texas Intermediate crude also […]