By Babatunde Tiamiyu Federal Government has been urged to pass and assent to the amended bill establishing the National Social Investment Programme (NSIP) to achieve its primary objective. A Senior Special Adviser to the former Osun State Governors Ogbeni Rauf Aregbesola and Gov. Adegboyega Oyetola on Social Intervention/ State Focal Person on National Social Investment…
The Federal Government will continue its nationwide consultations on the Digital Economy and e-Governance Bill, with plans to visit four more states this week. This follows earlier discussions in 16 states, aimed at gathering input from all regions to shape the legal framework for Nigeria’s digital economy. The Minister of Communications and Digital Economy, Bosun…
By Babatunde Tiamiyu Minister of Humanitarian Affairs and Poverty Reduction, Professor Nentawe. Yilwatda has disclosed that Social Workers play an indispensable role in the nation’s development and humanitarian response framework. Yilwatda, made this declaration on in his goodwill message at the opening of the Annual National Conference and General Meeting of Nigeria Association of Social…
By Aanuoluwapo Fasoyin Oyo State Government has said that the enabling environment provided for investors to thrive is already yielding positive results. Governor Seyi Makinde said this at the grand finale of Iyake international festival 2024, held at the foot of Ado mountain, Ado-Awaye, Iseyin Local Government Area of the state. Represented by Commissioner for…
The Central Bank of Nigeria, has said that over 28 million Nigerians still lack access to formal financial products and services in spite of a reduction in the country’s financial exclusion rate to 26% in 2023 from 46.3% in 2010. The CBN however said that the ongoing recapitalisation exercise will empower banks to take risks in underserved…
The Nigerian National Petroleum Company (NNPC) Limited has ceased importing refined petroleum products, according to Mele Kyari, the group chief executive officer (GCEO) of NNPC. Kyari made the announcement during his keynote address at the 42nd annual international conference and exhibition of the Nigerian Association of Petroleum Explorationists (NAPE) in Lagos on Monday. However, denying…
The Central Bank of Nigeria (CBN) and the International Finance Corporation (IFC), a member of the World Bank Group, have signed an agreement to increase local currency financing in Nigeria through a $1 billion investment. This partnership, announced in Washington DC, aims to enhance financing opportunities for private businesses across priority sectors in Nigeria, such…
Aviation ground handling companies in Nigeria are reportedly preparing to raise their service rates due to unsustainable current prices, which industry stakeholders say no longer reflect economic realities. Current rates include N70,000 for partial handling of a B737, N100,000 for full handling, and N50,000 for CRJ and Embraer aircraft. Stakeholders argue that, given recent increases…
Edo State Governor-Elect, Monday Okpebholo, has dismissed rumours that he intends to secure a $45m loan from a Chinese agency to fund the construction of three flyovers in Benin City, following Governor Godwin Obaseki’s handover. The rebuttal was articulated in a statement released to journalists in Abuja on Sunday by Okpebholo’s media aide, Godspower Inegbe….
By Babatunde Tiamiyu Armed bandits have appealed to President Bola Ahmed Tinubu to have pity on Nigerian masses by cutting down prices of petrol and food items in the market. Armed bandit kingpin, Bello Turji, made this appeal in a viral video. The bandit leader revealed that he had received several complaints from the masses…