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Reps Ask FG To Subsidise Malaria Drugs

THE House of Representatives, on Thursday, said declaring a state of emergency on malaria could be a step in the right direction given the spate of the bacterial disease across the country. To this end, the House called on the Federal Government to subsidise malaria drugs if it cannot make …

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Nigeria Seeks US Partnership To Bolster Food Security

NIGERIA has sought assistance from the United States government to address critical issues affecting the country’s agricultural sector. Vice President Kashim Shettima initiated discussions during a meeting with the US Special Envoy for Global Food Security, Cary Fowler, as part of his diplomatic engagements in the United States of America …

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24-year-old Okada Rider Jailed 21 Years For Armed Robbery

A Lagos State High Court sitting in Tafawa Balewa Square on Thursday sentenced a 24-year-old motorcycle (Okada) rider, Idris Agunbiade, to 21 years imprisonment for armed robbery. Justice Sherifat Sonaike sentenced Agunbiade after she found him guilty of the offence of conspiracy to commit robbery and armed robbery. The judge …

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Naira Rebounds As CBN Clears Forex Debt Backlog

THE naira has risen to N1,120 against the dollar as the foreign exchange market reacted to news that the Central Bank of Nigeria has begun to clear some of its FX backlog on Thursday. This represents an appreciation of N50 or 4.27 per cent compared to the N1,170 it traded …

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Reps Summon CBN, DISCOs, Others Over $321m, N18.2bn Electricity Projects

THE House of Representatives Public Accounts Committee on Thursday summoned the Central Bank of Nigeria and 11 Electricity Distribution Companies over $321 million and N18.2 billion in loans taken for accelerated electricity transmission/distribution interface, lines, and substation projects. The committee slated November 8 for them to appear before it. The …

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