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The Senate has passed the Student Loan, Access to Higher Education, Act 2024. The senate’s resolution followed its consideration of the report of the senate committee on tertiary institutions and TETFUND. The chairman of the committee, Senator Muntari Dandutse presented the report during plenary. Last week, President Bola Tinubu transmitted the Bill to the National…
Former President Olusegun Obasanjo has said that the current administration in Nigeria might consider engaging with the government of Zimbabwe to address the current unprecedented level of inflation in the country. The former military leader and a two-time President, spoke on Monday at a youth leadership symposium as part of activities lined up for his…
The Federal Government on Monday said it would extend its social security payments net to graduates with qualifications from NCE and upwards. Addressing journalists after the Federal Executive Council meeting on Monday, the minister of finance and coordinating minister of the economy, Wale Edun, disclosed that the programme would see unemployed Nigerian youths being paid…
The federal government of Nigeria has banned the exportation of cooking gas as part of efforts to beat down the price within the country and make the product available. This was made known on Thursday by the Minister of State, Petroleum Resources, Ekperikpe Ekpo. Speaking at a stakeholders workshop in Abuja with the theme, “Harnessing…
The Nigerian government has ordered internet service providers to block access to the websites and apps of major cryptocurrency trading platforms including Binance, Coinbase, and Kraken. Authorities said the move aims to crack down on the alleged use of these platforms by currency speculators and money launderers to manipulate the foreign exchange market and facilitate…
Read More “FG Blocks Cryptocurrency Trading Platforms Over Forex Manipulation” »
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele said the federal government is currently meeting with state governors to abolish what he described as “nuisance taxes” nationwide. Oyedele disclosed this in an interview with Channels Television on Monday. The former PWC chief stressed that while waiting for the legal instrument…
Read More “FG, State Govs To Abolish ‘Nuisance Taxes’ Nationwide” »
The Minister of State for Youth Development, Ayodele Olawande, has disclosed that the federal government and the ministry are working to redesign the scope of NYSC. This, according to him, would go a long way in addressing the current realities being faced in the country. The minister, who stated this during his visit to the…
The Senate on Friday urged the federal government to withhold the statutory allocation to local government councils without democratically elected chairmen. This followed a motion by Senator Abba Moro (Benue South) titled “Urgent Need to halt the erosion of democracy: the dissolution of elected councils in Benue State” during plenary. The Benue State Governor, Hyacinth…
Read More “Senate Urges FG To Withhold Allocations To LGs Without Elected Councils” »
The Federal Government has taken actions to arrest the soaring prices of cooking gas. Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo announced the establishment of a committee under the Nigerian Midstream Downstream Petroleum Regulatory Authority (NMDPRA) with a mandate to come up with recommendations on how to boost supplies and crash prices within…
Read More “Government Moves To Stop Soaring Prices Of Cooking Gas” »
In a bid to sustain the steady appreciation of the naira against the dollar, which hit a record low on Tuesday, reaching a record $1,310/$, the Federal Government has begun implementing measures to stem the dollar supply gap that has continued to aggravate the free fall of the Naira. It was learnt from top government…
Read More “Forex Scarcity: Federal Government To Engage Looters, Plans Mop-Up From Hoarders” »