archiveJanuary 6, 2022

  A group, the All Electricity Consumers Protection Forum, said the displeasure President Muhammadu Buhari with the performance of the power sector is an indictment on the Nigerian Electricity Regulatory Commission (NERC). The group advised the president to scrap NERC, which is the power sector regulator, and move its responsibilities...

The Nigeria Customs Service (NCS) has said it generated N2.23 trillion revenue in 2021. The amount which exceeded the year’s target of N1.67 trillion. Its Public Relations Officer (PRO), Mr. Joseph Attah, disclosed this in a statement issued in Abuja. The generated figure represents a 43.45 per cent rise over...

The Manufacturers Association of Nigeria (MAN) and economic experts have warned that the new tax imposed on carbonated drinks would be counter-productive and invariably worsen the nation's economy. MAN which had commissioned a report detailing the effects of reintroducing excise duty on carbonated drinks warned that it would be counterproductive...

The Peoples Democratic Party (PDP) has described the appointment of Dr. Doyin Salami by President Muhammadu Buhari as Chief Economic Adviser “barely a year to end of his disastrous administration” as a design to make the economist a scapegoat for the abysmal failures of the All Progressives Congress (APC) government....

Lagos Directorate of Public Prosecution (DPP) has explained why it exonerated five students and five officials of Dowen College of complicity in the death of a student, Master Sylvester Oromoni. A competent source in the directorate, who pleaded anonymity, told the News Agency of Nigeria (NAN) on Thursday that investigations...

The Coroner of the Epe District of Lagos, Magistrate Mikail Olukayode Kadiri, has fixed Saturday, the 15th of January for the commencement of inquest into the cause of death of Sylvester Oromoni, a 12-year-old student of Dowen College, Lekki. In a letter dated, 4th January 2022 and addressed to the...

no going back on full deregulation -FG The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said that the Federal Government was determined to remove subsidy on Premium Motor Spirit (PMS), commonly known as petrol. She said this while responding to questions by journalists at the public presentation...