Governor Dapo Abiodun of Ogun State on Friday released N2 billion to offset part of the global cooperative deductions from the state workers. The payment, which will cover four months, is meant to address the plight of the workers and pensioners. The governor also promised to settle the outstanding deductions …
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SIZA Foundation Unveiled, Launches Book On Fight Against Drug Among Youths
SIZA Foundation Unveiled, Launches Book On Fight Against Drug Among Youths As consumption of illicit drugs continue to take a toll on the Nigerian youth population, a non-governmental organisation, SIZA Foundation has lent its voice in an effort to curb the menace to the barest minimum. Photos More photos This …
Read More »NNPC Signs $1.04 Billion Facility Loan With AFREXIM
The Nigerian National Petroleum Corporation (NNPC) has signed a $1.04 billion facility loan deal with the African Export-Import Bank (Afrexim) for petroleum exploration in the country. The transaction comprises a Pre-Export/Shipment Finance Facility underpinned by a Forward Sale Agreement (FSA) and Offtake Contracts from the Nigerian National Petroleum Corporation acting …
Read More »IMF Tells FG To Remove Electric And Fuel Subsidies, Give More Jobs
The International Monetary Fund (IMF) has called on the Federal Government of Nigeria to completely remove fuel and electricity subsidies early next year. The Washington-based organisation, in its preliminary findings at the end of its official staff visit to the country under the Artile IV Mission, also called for reforms …
Read More »Nigeria’s GDP Expands By 4.03 Percent In Q3 2021
Africa’s largest economy Nigeria grew at an impressive 4.03 percent rate year-on-year in the third quarter (Q3) of 2021 after posting 5.01 percent in the second quarter, according to the latest data published by the National Bureau of Statistics (NBS) on Friday. Despite the high inflation rate and a series …
Read More »7,315 Apply For Fg’s 5,000 Housing Units In 1 Week
The federal government has received 7,315 applications for its 5,000 housing units built under the National Housing Programme one week after the launch. The Minister of Works and Housing, Babatunde Fashola, disclosed this on Thursday while briefing members of the Senate Committee on Housing on the programme. Portal for the …
Read More »Makinde Hands Over 3 New Buses To Football Clubs In Oyo (photos)
Oyo State Governor, Seyi Makinde, yesterday, handed over 3 new buses to Shooting Stars Sports Club, Ibadan and Crown Football Club, Ogbomosho. Earlier today, we handed over buses to our football clubs; Shooting Stars Sports Club, Ibadan and Crown Football Club, Ogbomosho. Our administration will continue to provide the necessary …
Read More »OYRTMA Issues Traffic Advisory, As Burnt PMS-Laden Tanker Causes Traffic Snarl in Ibadan
Following an explosion of a PMS-laden tanker along the Agodi area in Ibadan, the Oyo State Road Transport Management Authority, OYRTMA, has advised road users to use alternative routes, while its men and other relevant agencies strive to return normalcy to the route. A statement signed by the Agency’s Chairman, …
Read More »Henkel berths Forscherwelt in Nigeria, commits to fostering future science talents
In its global quest to see to the development of science and research, Henkel has launched its global educational initiative Forscherwelt, in Nigeria – making this a first for the African continent. The launch, which was held at The People’s Primary School in Ibadan, further reiterates the company’s commitment to …
Read More »FG To Raise Power Tariff December, Begins Free Meters Purchase
Power consumers nationwide may start to pay more for electricity, following plans by the Federal Government to carry out a review of power tariff, Newsextra24 has learnt. This came as the Federal Government said on Wednesday it had commenced the procurement of four million meters meant to be distributed free …
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