In an Abuja workshop on Thursday, the Minister of State for Petroleum Resources announced that until local demands are met, there will be no export of Liquefied Petroleum Gas (LPG), commonly known as cooking gas. The government aims to enhance supply to domestic markets amidst escalating gas prices. Despite initiatives such as declaring the decade…
A mourning procession was held on Tuesday at the Obafemi Awolowo University campus in Ille-Ife to honor the late Olawuyi, a veterinary technologist at the university’s zoological garden. Late Olawuyi tragically lost his life while attempting to save a woman from a lion attack on the institution’s campus in Osun State. Late Olawuyi, who worked…
The Ministry of Finance Incorporated hosted an event themed “Championing Nigeria’s Economic Prosperity” aimed at raising $10bn to enhance liquidity in the foreign exchange market. Vice President Kashim Shattima, representing President Bola Ahmed Tinubu, disclosed this during the inaugural Public Wealth Management Conference in Abuja on Tuesday. However, on the same day, the naira plummeted…
The organised labour in Niger State has declared an indefinite industrial action, formally notifying the government of their strike set to commence on February 21, 2024. The strike will persist until all their demands are met. Among their demands is the reversal of all political appointments as Executive Directors of Finance, Operations, and Administration in…
Nigeria’s National Association of Road Transport Owners (NARTO) controls over 80% of petroleum transportation in the country. Amid the current economic downturn in Nigeria, NARTO has taken a significant decision to withdraw its services nationwide. Efforts to negotiate with the Major Energy Marketers Association of Nigeria (MEMAN) and other industry stakeholders for appropriate freight rates…
Recent weeks have seen widespread protests erupting across the country, fueled by mounting concerns over the soaring cost of living. Citizens from regions including Niger, Kano, Kogi, and Ondo have taken to the streets, demanding urgent solutions to the ongoing economic crisis. This outcry comes in the wake of Nigeria’s inflation skyrocketing to 29.90 percent…
A startling incident unfolded at Kwali Market in the Kwali area of the FCT Council on Tuesday, involving Jamilu, a 36-year-old man who was knocked down by a vehicle while attempting to escape with food belonging to Mrs. Patience Raphael. After Mrs. Patience Raphael finished purchasing food items, including rice, beans, garri, and yam, all…
Adebola Hazmat, the State Commissioner of Police, announced during a press briefing at the command headquarters in Eleyele, Ibadan, the arrest of five suspects in connection with the murder of Mrs. Olaitan Gbenle, a retired permanent secretary in the state civil service. Mrs. Gbenle was strangled to death by the suspects during a robbery in…
