6 of 9,450 We’re Ready for Forensic Audit of Petrol Supply — NNPC

NewsOil & Gas6 of 9,450 We’re Ready for Forensic Audit of Petrol Supply — NNPC

Beloved John (Staff Writer)September 5, 2022

The Nigerian National Petroleum Company Limited (NNPC)has said it is ready for a forensic audit of its petrol supply and subsidy management framework. Garba Deen Muhammad, group general manager, public affairs division, NNPC, announced this in a statement on Saturday. Earlier, the Nigerian Customs Service (NCS) had refuted claims by NNPC Limited that citizens consume about 60 million litres of petrol daily. It further alleged that the oil company was supplying an excess of 38...

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Labour Party Won’t Get 25% of Votes in 24 States — Patrick Obahiagbon

NewsNigeria ElectionsLabour Party Won’t Get 25% of Votes in 24 States — Patrick Obahiagbon

Beloved John (Staff Writer)September 5, 2022

Patrick Obahiagbon, the former member of the house of representatives, has said that the Labour Party (LP) will not secure up to 25 percent of votes in 24 states in the 2023 elections. He made this statement when he featured on The Morning Show, a programme on Arise Television. Obahiagbon said that though the election will be keenly contested by the All Progressives Congress (APC) and the Peoples Democratic Party (PDP), it has thrown up...

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Nigeria Generated N600bn from VAT in Q2 2022 — NBS

EconomyNewsNigeriaNigeria Generated N600bn from VAT in Q2 2022 — NBS

Beloved John (Staff Writer)September 5, 2022

The National Bureau of Statistics (NBS) has said the country generated N600.15 billion as value-added tax (VAT) in the second quarter of 2022. The bureau said this in its latest sectoral distribution of value-added tax for Q2 2022, released on Saturday. The figure represented an increase of 1.96 percent from the N588.59 billion generated in Q1 2022. According to the report, local payments of VAT amounted to N359.12 billion in Q2 2022. “On the aggregate,...

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FG Ask Citizens to Respect Immigration Laws of Other Countries

Foreign PolicyNewsTravelFG Ask Citizens to Respect Immigration Laws of Other Countries

Beloved John (Staff Writer)September 4, 2022

The federal government has urged Nigerians to respect the immigration laws of other countries to avoid unwarranted treatment. The federal ministry of foreign affairs, in a statement by Francisca Omayuli, its spokesperson issued this warning. The ministry indicated that Nigerians who were stranded in Dubai were issued family visas, but arrived in the UAE without any family members in the country. “Consequently, they were denied entry and advised to return to their country and apply...

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Nigeria’s Petrol Subsidy Payments Hit N2.04trn in Seven Month

EconomyNewsNigeria’s Petrol Subsidy Payments Hit N2.04trn in Seven Month

Beloved John (Staff Writer)September 3, 2022

The Nigerian National Petroleum Company (NNPC) Limited has disclosed that it deducted N448.78 billion in July to cater for subsidy payments. The company said in its monthly presentation to the federation account allocation committee (FAAC) meeting on August 24th, 2022. The figures showed that the country has paid N2.04 trillion to offset subsidy payments in the 7-month period — while the payment of N1.04 trillion has been carried forward. For the seventh month in a...

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Constitution Doesn’t Restrict VP From Handling Security Issues — Keyamo

National SecurityNewsConstitution Doesn’t Restrict VP From Handling Security Issues — Keyamo

Beloved John (Staff Writer)September 1, 2022

Festus Keyamo, minister of state for labour and employment, has said the constitution doesn’t prohibit the vice-president from handling security matters. He said this while speaking at the Nigerian Bar Association (NBA) conference in Lagos state. This was a reaction to a statement by Ifeanyi Okowa, governor of Delta and vice-presidential candidate of the Peoples Democratic Party (PDP). Okowahad said it would be absurd for a vice-president to take charge of the nation’s security. According...

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Only Four States Secured Investment as Capital Importation Declined by 2.4% in Q2 2022

EconomyNewsOnly Four States Secured Investment as Capital Importation Declined by 2.4% in Q2 2022

Beloved John (Staff Writer)August 31, 2022

A report by the National Bureau of Statistics (NBS) has shown that capital importation into the country dropped by 2.4 percent in the second quarter (Q2) of 2022. The total capital imported into the country in (Q2) 2022 stood at $1.54 billion from $875.62 million in the corresponding quarter of 2021, showing an increase of 75.34 percent. When compared to Q1 2022, capital importation decreased by 2.40 percent from $1.57 billion. Only four states out...

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IGP Warns Against Assault of Police Oficers

NewsPoliceIGP Warns Against Assault of Police Oficers

Beloved John (Staff Writer)August 30, 2022

The inspector-general of police (IGP), Usman Baba has cautioned against the assault on police officers across the country. According to him, the police force would no longer tolerate attacks on officers in the line of duty. Baba made this statement in response to the recent videos showing police officers on duty having squabbles with citizens that surfaced on the internet. The inspector-general of police said the trend is illegal and an affront to the rule...

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I’m Here to Answer a Higher Calling — Tinubu

NewsNigeria ElectionsI’m Here to Answer a Higher Calling — Tinubu

Beloved John (Staff Writer)August 30, 2022

Bola Tinubu, presidential candidate of the All Progressives Congress (APC), has said he intends to do what is right for Nigerians. He said this in a tweet on Monday. The former Lagos governor said he is in the race to answer a higher calling which is his love for Nigeria. “We are not here to do what is comfortable. We are here to do what is right for our people and our country,” the tweet...

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Falana Cautions FG Against Alleged Plan to Proscribe ASUU

EducationNewsFalana Cautions FG Against Alleged Plan to Proscribe ASUU

Beloved John (Staff Writer)August 29, 2022

Femi Falana, the human rights lawyer, has indicated that the federal government does not have the legal backing to proscribe the Academic Staff Union of Universities (ASUU) over its continued strike. He said this in reaction to speculations that the federal government is planning to proscribe ASUU for failing to call off the strike. The strike, which began on February 16, is a result of the government’s inability to fully address the union’s demands. The...

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