The World Bank has approved three new loan requests totalling $1.57bn in financing for Nigeria. According to a statement released on Monday, the approval is to support the Federal Government in strengthening human capital through better health for women, children and adolescents. It added that the approved projects would also help […]
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Police Seal Edo Deputy Governor’s Office Amidst Political Tensions
The office of the deputy governor of Edo State, on Osadebe Avenue, Benin, the state capital, has been sealed off by stern-looking policemen who were spotted there on Sunday. The sealed office was the one Philip Shaibu was relocated outside the Government House in the height off his face off with Governor Godwin […]
Is Petrol 40% Cheaper In Nigeria Than In Saudi Arabia As Claimed By Dangote
By Bunmi Aduloju On September 23, Aliko Dangote, the founder of Dangote Petroleum Refinery, said petrol is about 40 percent cheaper in Nigeria than in Saudi Arabia. Dangote spoke during an interview with Bloomberg TV. Speaking about the subsidy situation in Nigeria, the billionaire entrepreneur said it is the right […]
Tinubu Wasn’t The Person Who Removed Fuel Subsidy – Dogara
Former Speaker of the House of Representatives Yakubu Dogara on Friday said President Bola Tinubu didn’t remove the subsidy on fuel even though he made the announcement. Dogara said there was no provision for fuel subsidy in the budget before Tinubu made the announcement. Featuring on Channels TV, the former Speaker […]
Petrol Prices Expected To Change As Marketers Quote New Landing Cost
A significant drop in the landing cost of Premium Motor Spirit (PMS), commonly known as petrol, has sparked anticipation of a potential reduction in the pump price of the commodity. According to the Major Energies Marketers Association of Nigeria (MEMAN), the landing cost has plummeted to N981 per litre, a […]
New Minimum Wage: Nigerian Workers Confirm Receiving FG Payment
Nigerian workers have confirmed receiving Federal Government’s new minimum wage. The spokesperson of Nigeria Labour Congress, Benson Upah and the Deputy President of the Trade Union Congress, Tommy Etim disclosed this in a separate statement on Thursday. Upah and Etim’s comments come as DAILY POST exclusively reported on Thursday that […]
Niger rejoins Multinational Joint Task Force to combat insurgency, says Defense Minister
The Nigerian Armed Forces, led by Christopher Musa, the Chief of Defense Staff (CDS), have reintegrated the Republic of Niger into the Multinational Joint Task Force (MNJTF), according to Mohammed Badaru Abubakar, the defense minister. Speaking through Ibrahim Kana, the Permanent Secretary of the Ministry of Defense, at a press […]
No $49bn Missing Under My Watch, Ex-president Jonathan Speaks
Former President Goodluck Jonathan, on Thursday, revisited claims that over $49billion oil money was missing from the government coffers under his watch in 2014, noting that the narrative was not true. Jonathan made the assertion during the launch of a book, ‘Public Policy And Agent Interests: Perspectives From The Emerging […]
SWDC: Senate Approves Bill Creating South West Development Commission
The Nigerian Senate has passed a bill aimed at establishing the South West Development Commission, News360 Nigeria The commission is designed to tackle environmental, ecological, and other developmental challenges facing the South West region of the country. The initiative seeks to enhance growth and provide solutions to pressing regional issues, driving […]
FG Increases Corpers’ Allowance To ₦77,000
The Federal Government has approved the increase of Corps Members’ monthly allowance to N77,000 with effect from July 2024. The increment is N7,000 above the new national minimum wage. This was contained in a letter from the National Salaries, Incomes and Wages Commission (NSIWC), dated September 25, 2024, and signed […]