Nume Ekeghe The naira yesterday experienced a U-turn on its gaining streak as it slightly depreciated at the parallel market to N1,680/$1. However, the official Nigerian Autonomous Foreign Exchange (NAFEM) gained closing yesterday at N1,582.94 signifying an N82.56 gain compared to N1,665.5 it closed on Friday. The parallel market after taking substantial gains following the…
•Inaugurates 181mw geometric power plant in Aba •Mbah: Project launch signals new dawn in region Emmanuel Ugwu-Nwogo in Umuahia, Deji Elumoye in Abuja and Gideon Arinze in Enugu The Vice President, Kashim Shettima, yesterday, said the Bola Tinubu’s administration was committed to revamping critical sectors in the South-east, stressing that Nigeria would work if the…
•Police on red alert as IG orders deployment •Threatens proportional force with troublemakers •Civil society leaders back action by NLC Kingsley Nwezeh, Onyebuchi Ezigbo, Olawale Ajimotokan in Abuja, Sunday Ehigiator, Ugo Aliogo in Lagos, Sylvester Idowu in Warri, Seriki Adinoyi in Jos and Laleye Dipo in Minna The federal government’s last-ditch attempt to stop the…
Yesterday, the federal government announced that it was set to begin the implementation of the Stephen Oronsaye report, about 12 years after it was first put together. Expected to help in cutting the cost of governance, here are 12 highlights of the original version of the much talked about document.
The bedrock of the social contract between the government and the people is that whilst government should provide the people with security to their lives and property, the people in return pay taxes and donate certain rights to be exercised on their behalf by government. The people pay different taxes to government both directly and…
Mr Yunusa Tanko, spokesman of the Labour Party (LP) presidential campaign council, has said Peter Obi, the party’s presidential candidate in the last election, does not have any plan of dumping the party. Tanko, said this during a media chat with newsmen on Friday. According to him, Obi remains a solid member of the LP…
Mr Peter Obi of the Labour Party, LP, has asked the Federal Government to reveal details of the alleged disbursement of N30 billion each to the 36 state governors to ameliorate inflation and high cost of food items. This is even as he said that the government must stop the unproductive habit of throwing scarce…
