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The Nigerian National Petroleum Company Limited has confirmed that the Federal Government is paying subsidies on the petrol it imports into the country. Though the NNPCL denied paying fuel subsidies to marketers in the last nine months, it said the government allows it to sell at a price below the landing cost The company’s Chief Financial Officer, Alhaji Umar Ajiya, made the clarifications on Monday in Abuja. Ajiya said the […]
Kano State Governor, Abba Yusuf, on Wednesday, undertook an on-the-spot assessment of the Kano State High Court, which was vandalised, looted and razed amid the recent nationwide hunger protest, which turned violent in parts of the North. Yusuf, during the tour, regretted the invasion and destruction of the state high court by hoodlums, lamenting that “the hired miscreants carted away corruption charges documents on former Governor of Kano State, Abdullahi […]
Jasmine Okekeagwu, the alleged adopted daughter of late actor, John Okafor, popularly known as Mr Ibu, has said that the drama that ensued between her and the family during the actor’s last days and after his demise, she has not cut ties with the family. Speaking in an interview with Saturday Beats, she said, “I won’t say I cut ties with them totally. I am just focused on myself, and saving myself […]
Nigeria’s public debt stock is projected to hit N130tn this year, raising concerns about the country’s debt-to-gross domestic product ratio. This was revealed in a report by Afrinvest, an investment management company, titled, ‘Bank Recapitalisation, Catalyst for a $1tn Economy, ‘ unveiled in Abuja recently. Nigeria’s public debt stock, which includes external and domestic debt, stood at N121.67tn in the first quarter of 2024, up from N97.34tn in the fourth […]
Reinstated Deputy Governor of Edo State, Philip Shaibu, said he has put his governorship ambition on hold to back the candidate of the All Progressives Congress, Senator Monday Okpebholo, to win the September 21 governorship election in the state. Shaibu, who accused Governor Godwin Obaseki of frustrating his governorship ambition, said he would try again in the future because he had age on his side. According to a video clip […]
No oil marketer is going to buy Premium Motor Spirit, popularly called petrol, from the Dangote Petroleum Refinery and sell at the prevalent pump prices at filling stations in Nigeria except the Nigerian National Petroleum Company Limited, operators in the downstream oil sector have declared. On July 15, 2024, The PUNCH reported that the President of Dangote Industries Limited, Alhaji Aliko Dangote, announced that the $20bn refinery was set to […]
The police in Oyo have advised citizens to ignore a viral video by suspected separatist groups which surfaced on social media issuing eviction ultimatums to herders in the Igboho area of the state. The Police Public Relations Officer in the state, SP Adewale Osifeso, made the call in a statement Wednesday in Ibadan. Osifeso said that the video which surfaced online in the early hours of Tuesday was specifically designed […]
There is palpable tension in Rivers as the two factions of the State House of Assembly will have parallel sittings this morning. On Sunday night the Victor Oko-Jumbo-led House loyal to the State Governor, Siminalayi Fubara had in a letter by the Clerk, Dr G. M Gillis-West, invited a new commissioner-nominee, Emmanuel Frank-Fubara, to appear before it on Monday for screening and confirmation as a member box the State Executive […]
New findings showed that nearly 1.8 billion people did not meet the recommended physical activity levels in 2022. The study was undertaken by researchers from the World Health Organisation and academic colleagues and published in The Lancet Global Health journal. The findings released on Wednesday point to a worrying trend of physical inactivity among adults, which has increased by about five per cent between 2010 and 2022. The researchers warn […]
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