The federal government has approved a downward review in electricity tariff for Band A customers(Those with a daily supply of minimum of 20 hours). Under the approved review, Band A customers who hitherto were charged N225/Kwh are now to pay N206.80/Kwh. The decision to crash the tariff may not be unconnected with public outcry over […]
Lawyers, including two Senior Advocates of Nigeria (SAN), have called for the reduction of the powers of the Chief Justice of Nigeria (CJN) to accountability and public confidence in the nation’s judicial process. They expressed concern that the increasing challenge of accountability, lack of transparency, and corruption among others, contribu...
The Nigeria Civil Aviation Authority, NCAA, today, set up a committee to look into the high cost of airfares. Acting Director General of NCAA, Captain Chris Najomo, said in a video press release posted on the Authority’s official X, formerly Twitter, handle. Najomo said the committee is tasked with reducing cost. He said: “It has […]...
•Seyi Makinde No fewer than 33 inmates from various Nigerian Correctional Centres in Oyo state have been granted clemency. Ten of these inmates were released from custodial centres, while four individuals who were on death row have had their sentences commuted to life imprisonment, reports The Nation. Also, 15 inmates had their sentences reduc...
1. Introduction Recent developments in the foreign exchange market in particular, and the overall economy in general, have prompted my writing this article on how to reduce the volatility in the value of the Naira. Exchange rate fluctuations rather than its level, cause more uncertainty in the market place. If exchange rate is stable, business...
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