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

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

Hassan Umar Shallpella (Regional Correspondent)August 19, 2024

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...

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NNPC Denies Owing International Oil Companies $6.8bn

NewsNigeriaOil & GasPoliticsNNPC Denies Owing International Oil Companies $6.8bn

Uzoamaka Ikezue (Staff Reporter)August 19, 2024

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...

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

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

Uzoamaka Ikezue (Staff Reporter)August 19, 2024

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...

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2027: Ganduje Denies Presidential Ambition, Restates Loyalty To Tinubu 

NewsNigeriaPolitics2027: Ganduje Denies Presidential Ambition, Restates Loyalty To Tinubu 

Uzoamaka Ikezue (Staff Reporter)August 19, 2024

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...

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President Tinubu Reduces Nigeria’s Delegation to UN General Assembly

NewsNigeriaPoliticsPresident Tinubu Reduces Nigeria’s Delegation to UN General Assembly

By Ezinwanne Onwuka (Senior Reporter)August 18, 2024

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...

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

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

By Ezinwanne Onwuka (Senior Reporter)August 18, 2024

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...

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Ohanaeze Hails Obasanjo’s Position On #IgboMustGo

NewsNigeriaPoliticsOhanaeze Hails Obasanjo’s Position On #IgboMustGo

Uzoamaka Ikezue (Staff Reporter)August 18, 2024

…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,...

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

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

Ebuka Onyekwelu (Staff Writer)August 17, 2024

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...

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

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

Ebuka Onyekwelu (Staff Writer)August 16, 2024

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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Oil Companies face severe scrutiny from Anambra House of Assembly

NewsNigeriaOil & GasOil Companies face severe scrutiny from Anambra House of Assembly

PilotnewsAugust 15, 2024

Anambra Assembly Demands Explanation Over Destruction Of Livelihood in Ogbaru, Ihiala, Other Oil Producing Council Area Anambra State House of Assembly, has summoned the oil and gas exploration companies operating in the state to appear before the House in plenary on Tuesday, 3rd September, 2024 at 12.00 noon to provide a comprehensive briefing on their general business activities within the state. The Speaker, Right Honourable Somtochukwu Udeze, issued the summon during plenary session following a...

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