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NEWS

Otti bans school levies, approves monthly allowance for principals

Abia State Governor, Alex Otti, has banned all forms of payments in primary and secondary schools in the state, marking the enforcement of compulsory school attendance for children of school age. The governor introduced an imprest account system for school principals and headteachers to manage the running of schools, with specific monthly allowances for their operations. Otti made this announcement in his New Year speech on Wednesday, stating, “We have […]

todayJanuary 3, 2025 9

BUSINESS

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 […]

todaySeptember 25, 2024 28

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