In a bold stance against what it terms exploitative and anti-people policies, the Ikeja Branch of the Nigerian Bar Association (NBA) has issued a seven-day ultimatum to the federal government to reverse the hike of electricity bill or face a lawsuit. The move comes amidst widespread public outcry over the drastic increase in electricity costs,...
•House of Representatives The House of Representatives has directed the Nigeria Electricity Regulatory Commission (NERC) to suspend the implementation of the new incremental tariff on Band A customers. The lower chamber agreed upon this at the house resolution during a plenary session today, reports Channels TV. According to them, the resoluti...
The Independent Petroleum Marketers Association of Nigeria (IPMAN), has threatened to cripple the supply of Premium Motor Spirit (PMS), also known as petrol, over non-payment of ₦200bn bridging claims. The threat comes following current nationwide scarcity which has seen prices of Premium Motor Spirit (PMS), also known as petrol, surge to betw...
Key players in the Nigerian automotive industry, have queried the federal government over the criteria adopted by its committee in selecting the auto plants that benefited from the huge patronage of the Compressed natural gas (CNG) buses that it would unveil in the next few days. The stakeholders also wondered why the Presidential committee, c...
•CBN headquarters, Abuja Some bank customers have expressed panic as the Central Bank of Nigeria bans mobile money operators including fintech firms from onboarding new customers. However, the Bank Customers Association of Nigeria backed the CBN directive, reports The PUNCH.A The new directive will affect fintech companies such as OPay, Palmpa...
More than 30 advertising materials meant to celebrate this year’s Easter were disapproved for non-compliance to the nation’s advertising code, the Advertising Regulatory Council of Nigeria (ARCON) has said. Making the disclosure at the Advertising Standards Panel (ASP) stakeholders’ forum, held in Lagos, the Director-General of ARCON, Dr Lekan...
•Petrol scarcity Acute shortage of petrol in Lagos, Abuja and other parts of the country has begun crippling economic activities across the country. Tongues are wagging as to how the horror has persisted for close to two weeks and has defied solutions currently being administered by the government, reports Daily Sun. The price of the […...
•Falana, SAN Human rights lawyer, Femi Falana, has accused the federal government of pandering to the whims and caprices of the International Monetary Fund (IMF) and the World Bank following a hike in electricity tariff. Falana claimed that the move is a policy imposed on the Nigerian government by the Bretton Wood institutions. “The Honourabl...
•Frank Tietie The Executive Director of Citizens Advocacy for Social Economic Rights, Frank Tietie, has said it is disgraceful for Nigeria to be facing the Premium Motor Spirit crisis. Tietie said he was surprised, shocked, and deeply embarrassed by the ongoing fuel scarcity in Nigeria when he featured on a programme on Arise TV today. [&helli...
•Governor Godwin Obaseki of Edo State The Governor of Edo State, Godwin Obaseki, has approved a new minimum wage of N70,000 for civil servants in the state. The governor revealed this while commissioning the new Labour House in Edo state today. According to him, the new wage comes into effect on Wednesday, May 1, 2024. […]
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