Ondo Guber: Obi, Otti, Others Set To Storm Akure For LP Campaign 

NewsNigeriaPoliticsOndo Guber: Obi, Otti, Others Set To Storm Akure For LP Campaign 

Uzoamaka Ikezue (Staff Reporter)May 17, 2024

Oyo State Deputy State Chairman of Labour Party (LP) and the Committee Chairman of the governorship primaries in Ondo State, Mr. Olusola Ayodele has disclosed that Mr. Peter Obi, presidential candidate of the party in the 2023 general elections, Governor Alex Otti of Abia State, LP members of the National Assembly and state lawmakers will storm the party’s campaign rally in Akure, Ondo State While addressing the Southwest leaders of the party on Friday in...

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Student Loan Programme Kicks Off in Nigeria: Applications Begin May 24th

EducationNewsNigeriaStudent Loan Programme Kicks Off in Nigeria: Applications Begin May 24th

By Ezinwanne Onwuka (Senior Reporter)May 17, 2024

The Federal Government, through the Nigerian Education Loan Fund, NELFUND, has announced the official opening date for the student loan application portal. Applications will be accepted starting Friday, 24th May 2024. This move represents a significant step forward in President Bola Tinubu’s pledge to make education “accessible and inclusive for all Nigerian students,” as stated by NELFUND. According to the Managing Director of NELFUND, Mr Akintunde Sawyerr, “Through the portal, students can now access loans...

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Thirty-six House of Assembly Speakers Voice Support for State Police 

NewsNigeriaPoliticsThirty-six House of Assembly Speakers Voice Support for State Police 

By Ezinwanne Onwuka (Senior Reporter)May 17, 2024

In a move that could significantly impact national security, the speakers of all 36 Nigerian state Houses of Assembly have thrown their weight behind the creation of state police forces. The announcement came on Thursday after a meeting of the Conference of Speakers of State Legislatures in Abuja. A communique issued at the meeting’s conclusion, signed by Chairman Adebo Ogundoyin, the Speaker of the Oyo State House of Assembly, expressed strong support for state policing...

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You’re Not Informed On Pension Fund Investment Options, Group Tells Atiku

NewsNigeriaPoliticsYou’re Not Informed On Pension Fund Investment Options, Group Tells Atiku

Uzoamaka Ikezue (Staff Reporter)May 17, 2024

The Independent Media and Policy Initiative (IMPI) has told former Vice President Atiku Abubakar that he is not informed on pension fund investment options. According to the group, the recent statement by the former Vice President on the Federal Government’s plan to tap into pension funds assets to bridge Nigeria’s huge infrastructure deficit as another of his now routine inclination to raise unfounded alarms riddled with manipulative logic and lies. IMPI noted in a statement signed...

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Ekiti Govt Debunks Publication By Sahara Reporters on Governor Oyebanji’s U.S. Trip

NewsNigeriaPoliticsEkiti Govt Debunks Publication By Sahara Reporters on Governor Oyebanji’s U.S. Trip

Uzoamaka Ikezue (Staff Reporter)May 17, 2024

…Says Gov Oyebanji Is Due To Return Soon The Ekiti State Government has debunked publication by Sahara Reporters, stating that Governor Biodun Oyebanji is on an official trip to the United States of America and will soon return to the country. The Government made that clarification in view of the publication of Sahara Reporters which it noted is misleading. A press statement on Thursday signed by Yinka Oyebode, Special Adviser (Media) to the Governor, read,...

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Nigerian Military Hunts for Nigerien Terrorist Halilu Buzu

Crime & SecurityNewsNigeriaPoliticsNigerian Military Hunts for Nigerien Terrorist Halilu Buzu

By Ezinwanne Onwuka (Senior Reporter)May 17, 2024

The Nigerian military declared Nigerien national Halilu Buzu wanted on Thursday, 16 May 2024. Major General Edward Buba, Director of Defence Media Operations, made the announcement during a regular press briefing at the Defence Headquarters in Abuja. Buzu is accused of involvement in a range of criminal activities within Nigeria, including terrorism, illegal arms supplies, illegal mining, and cattle rustling. According to Buba, Buzu, who resides in Nigeria’s Zamfara State near the border with Niger,...

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President Tinubu’s $500m Loan Request for Electricity Meters Receives Senate’s Seal of Approval

NewsNigeriaPoliticsPresident Tinubu’s $500m Loan Request for Electricity Meters Receives Senate’s Seal of Approval

By Ezinwanne Onwuka (Senior Reporter)May 17, 2024

In a significant move aimed at addressing Nigeria’s longstanding electricity metering challenges, the Nigerian Senate has given its nod to President Bola Tinubu’s proposal for a $500 million loan to finance the procurement of electricity meters across the nation. The loan was part of the $7.94 billion World Bank loan which President Tinubu sought the Senate’s approval for on 1 November 2023. The President, in his proposal, emphasised the critical role of adequate metering in...

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Labour Unions Reject N48,000 As National Minimum Wage

NewsNigeriaPoliticsLabour Unions Reject N48,000 As National Minimum Wage

Hassan Umar Shallpella (Regional Correspondent)May 16, 2024

The negotiations between Federal Government representatives and leaders of organized labour on the national minimum wage have ended in deadlock, as the labour leaders walked out of the meeting and reject N48, 000 proposed by the Federal Government. NLC and TUC had called on the Federal government to pay Nigerian workers N615,000 new minimum wage as a proposal, due to economic hardship and the high cost of living in the country. The Nigeria Labour Congress and Trade...

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NLC Rejects “Insulting” Minimum Wage Offer as Negotiations with FG Deadlocks

NewsNigeriaPoliticsNLC Rejects “Insulting” Minimum Wage Offer as Negotiations with FG Deadlocks

By Ezinwanne Onwuka (Senior Reporter)May 16, 2024

Nigeria’s planned increase in the minimum wage hit a roadblock on Wednesday as the Nigeria Labour Congress, NLC, walked out of negotiations with the federal government. The NLC rejected the government’s proposed N48,000 minimum wage, calling it “an insult to Nigerian workers.” The NLC, alongside its counterpart the Trade Union Congress, TUC, had proposed a significantly higher minimum wage of N615,500, citing the rising cost of living. However, the government’s offer fell far short of...

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Nigeria’s Inflation Rate Soars to 33.69%

EconomyNewsNigeriaNigeria’s Inflation Rate Soars to 33.69%

By Ezinwanne Onwuka (Senior Reporter)May 15, 2024

Nigeria’s inflation rate has climbed to a new high of 33.69 per cent, according to data released by the National Bureau of Statistics, NBS, on Wednesday. This represents a significant increase from 33.20 per cent recorded in March 2024. The rise in inflation is attributed to soaring prices of food and non-alcoholic beverages. The year-on-year comparison paints a grim picture as well, with April 2024’s inflation rate being 11.47 percentage points higher compared to April...

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