Prices Of Perishable Food Items Crashes In Yobe, Borno, Adamawa States

Prices of perishable items in some major towns in Yobe, Borno and Adamawa states have recorded a fall. At Damaturu market in Yobe, a big basket of tomatoes sold at N120, 000 about four months ago now cost N40, 000 while a small basket previously sold at N75, 000 now attract N18, 000. A bag of pepper now sold at N82, 000 as against N170, 000 same period last year while a bag of pepper goes...

Bumper harvests: Food Prices Normalize In Kano, Kaduna, Katsina

Reports from Kano, Kaduna and Katsina, states indicate that with the bumper harvest, prices of food items have normalize in some parts of the states while prices have remained high in certain areas. Investigations revealed several factors influencing the varying prices of foodstuffs, impacting the purchasing power of ordinary citizens in these states. In Kano State, the arrival of new harvests has led to a reduction in the prices of some food items. A survey...

NNPC Denies Owing International Oil Companies $6.8bn

Nigerian National Petroleum Company Limited (NNPCL) has denied reports making the rounds that it owes the International Oil Companies (IOCs) $6.8bn. In a press statement on Sunday signed by Olufemi Soneye, the Chief Corporate Communications Officer, NNPCL, the National oil company also denied reports that it has not remitted revenues to the Federation Account since January, among other allegations. The statement reads, “The attention of the Nigerian National Petroleum Company Limited (NNPC Ltd.) has been...

FG’s $1 Trillion Economy: SEC Rolls Out Initiatives To Attract New Listings

To drive activities in Nigeria’s capital market in alignment with the Federal Government’s one trillion dollar economy target, the new management of the Securities and Exchange Commission (SEC) has rolled out new initiatives. Dr. Emomotimi Agama, Director-General of the SEC made the remark at his first post-Capital Market Committee (CMC) press briefing in Lagos over the weekend. Agama expressed the determination of the commission to continue to encourage companies to list and urged the exchanges to take...

2027: Ganduje Denies Presidential Ambition, Restates Loyalty To Tinubu 

Alhaji Abdullahi Ganduje, the National Chairman of the All Progressives Congress (APC) has denied any presidential ambition in 2027. The former Kano State Governor had on Sunday restated his loyalty to President Bola Ahmed Tinubu amid posters currently circulating on social media that claimed he would contest the presidency in 2027, and urged the general public to disregard the posters. A press statement signed by Mr. Edwin Olofu, the Chief Press Secretary to the APC National...

President Tinubu Reduces Nigeria’s Delegation to UN General Assembly

President Bola Tinubu has directed a reduction in the size of Nigeria’s official delegation to the upcoming United Nations General Assembly, UNGA, meetings in New York, United States. Femi Gbajabiamila, Chief of Staff to the President, disclosed this during a one-day retreat organised by the State House management for heads of government agencies under its supervision in Abuja. He explained that the decision was part of the administration’s commitment to ensure prudent management of resources...

Chinese Firm Agrees to Release Seized Presidential Jet for Tinubu’s Trip

Zhongshan Fucheng Industrial Investment Co. Ltd, a Chinese company, has agreed to release one of the three presidential jets seized over a contract dispute with the Ogun State government. According to a spokesperson for the company, “Zhongshan has consistently sought to act reasonably and fairly in the course of a legal dispute with Nigeria which was not of its making.” The company’s gesture comes after a French court ordered the seizure of the jets as...

Ohanaeze Hails Obasanjo’s Position On #IgboMustGo

…Seeks Punishment For Those Promoting Ethnic Profiling Ohanaeze Ndigbo Worldwide, the Igbo socio-cultural and political organisation has hailed former President Olusegun Obasanjo for his position on the #IgboMustGo, noting that the former president’s disposition to equity and fairness in national issues is legendary. A press statement on Sunday signed by the National Publicity Secretary of the organisation, Dr. Chiedozie Alex Ogbonnia, noted that it has observed with grave concern the orchestrated ethnic profiling, hate speech,...

Leaders React to the Second Amendment of the Anambra State Electoral Law

There have been more reactions to the recent amendment of the Anambra State Electoral Law 2024, which was amended for the second time since the law was passed about two months ago. The Anambra State Electoral Law took the Anambra State House of Assembly only two days to be passed. The expeditious passage of the bill into law hinted at the governor’s intent to conduct the local government election. To demonstrate this, the governor also...

APGA Frowns at Purported Plan by ANSIEC to Exclude it in LG Election

The leadership of the All Progressives Grand Alliance – APGA, has expressed disappointment over the alleged plan by the Anambra State Independent Electoral Commission – ANSIEC, to exclude it from participating in the September 28, 2024, Local Government Election. APGA under the leadership of Chief Edozie Njoku has been in a loggerhead with Prof. Chukwuma Soludo, who is the only APGA governor and also the National Leader of the party. Soludo who has refused to...

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