How FG Plans to Feed 3.1 Million Primary School Children at Home

The Federal Government of Nigeria has released details of how the National Home-Grown School Feeding Program scheduled to begin on 14th May will be executed first in Abuja, Lagos and Ogun before other states. Following President Buhari’s directive to the Ministry of Humanitarian Affairs, Disaster Management and Social Development to continue the school feeding programme, the ministry said it developed a programme to distribute take-home rations to the households of the children already on the...

Buhari, APC Betrayed Almajiris and Vulnerable Nigerians – PDP

The opposition Peoples Democratic Party (PDP) has accused President Buhari and the ruling All Progressives Congress (APC) of betraying the almajiris, poor and vulnerable Nigerians after using them to grab power in 2015. The PDP made the allegation on Monday in a press release signed by Kola Ologbondiyan, National Publicity Secretary of the party. “The PDP notes that APC’s disdain and desertion of our citizens had further exposed it as a deceitful party which used...

Nigerians Spent More on Food and Transportation in 2019 – NBS

A total of N40.2 trillion was spent by Nigerians on food and non-food items in 2019, a report just released by the National Bureau of Statistics (NBS) revealed. The report which details findings on the consumption expenditure pattern in Nigeria is based on the Nigeria Living Standard Survey (NLSS) which was last conducted in 2009. It classifies household consumption expenditure types by food and non-food items at the national, zonal level, state level, and the...

EFCC to Begin Fresh Trial as Supreme Court Trashes Kalu’s Imprisonment Verdict

Following the invalidation of the trial of the former governor of Abia State, Uzor Kalu and Jones Udeogu, former Director of Finance and Account of the state, which found the duo guilty of stealing N7.1 billion from Abia State and sentenced them to 12-year imprisonment, the Economic and Financial Crimes Commission (EFCC) has said it would begin afresh a trial, immediately. Recall that in the early hours of Friday, a seven-man panel of justices of...

Nigeria is Wasting Revenue Through Subsidy – PwC

The federal government needs to look at areas where we seem to be wasting revenue, the subsidy is the biggest one and about N4 trillion could be gained if removed, PwC Nigeria said. Crude oil, Nigeria’s major source of revenue has been hit by the Covid-19 pandemic which forced oil prices down for several weeks – until a few days ago when Brent began rising — making the country consider reviewing the 2020 budget oil...

How Do Bats Host Coronavirus Without Dying?

Bats are speculated to be hosts of coronavirus, but what is unknown is how they are able to harbor the virus without being harmed like humans. Researchers at the University of Saskatchewan (USask) have discovered how bats carry the Middle East Respiratory Syndrome (MERS) – part of the coronavirus family and a cousin of SARS-CoV-2 which causes COVID-19 – without getting sick. While camels are the known intermediate hosts of MERS-CoV, bats are suspected to...

Nigerians Await New Petrol Pump Price as Depot Price Reduces by N5

The Nigerian National Petroleum Commission (NNPC) Tuesday, announced a reduction in the depot price of petrol from N113.28 per litre to N108 per litre. The reduction comes barely 3 weeks after it reduced the deport price of petrol from N133.28 per itre to 113.28 per litre which resulted in the slash in the retail price of petrol from N145 to N125 per litre. At the time, the Petroleum Products Pricing Regulatory Agency (PPPRA) said according...

IMF Boss Gives Conditions for the $3.4 Billion Loan to Nigeria

The $3.4 billion loan to Nigeria which was approved about a week ago has been disbursed to the Central Bank of Nigeria at 1 percent interest rate, Kristalina Georgieva, Managing Director of International Monetary Fund said. The fund is a Rapid Financing Instrument (RFI) aimed at helping Nigeria alleviate the ravaging impact of COVID-19 and resolve the balance of payment issues. “In emergency assistance, once the board approves, we disburse within days to the country...

Malami Slammed for Referring to Abacha Loot as ‘Abacha Assets’

The Attorney-General of the Federation, Abubakar Malami has come under criticism for referring to the returned $311 million which was stolen by the late Gen. Sanni Abacha as ‘Abacha asset’. “I am happy to confirm that the Federal Republic of Nigeria on Monday 4th May 2020 received $311,797,866.11 of the Abacha assets repatriated from the United States and the Bailiwick of Jersey,” Mr. Malami stated in a tweet. However, the use of ‘Abacha loot’ by...

SPECIAL FEATURE: The Casualties of the War Against COVID-19 in Lagos

After five weeks of Covid-19 induced lockdown imposed by the Federal Government, on May 4, people will gradually return to normal lives in Lagos, Ogun, and Abuja, although there are restrictions in place aimed at curtailing the spread of the infection. For many, the post-lockdown measures in Lagos and what life was pre-Covid-19 in the state mean that hard times are approaching, Adeola Oladipupo reports. With over 20 million people, Lagos was a bee-hive of...

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