The minimum pump price of petrol has not responded to the latest Dangote Petroleum Refinery ex-pot price slash of Premium Motor Spirit, PMS, also known as petrol to N899.50 per litre, from N970 per litre. Most petrol stations in Lagos have retained the old price range of N1,025 minimum in Nigeria National Petroleum Company Limited, […]
•Nigerian Senate The Joint Committee on Electoral Matters has proposed a slash in salaries of legislators and executive members by 30 and 40 per cent respectively. This was proposed today during an interactive session with Judiciary and political parties, reports Channels TV. The joint session was led by the Chairman, the Senate Committee on E...
•Minister of Education, Prof. Tahir Mamman The federal government, through the Federal Scholarship Board, has sent payment mandates to foreign embassies where foreign scholars under the federal government’s Bilateral Educational Agreement scholarship are schooling. The BEA scholarship is for the purpose of education exchange between Nigeria an...
The leadership of the Association of Nigerian Students in Russia has rejected the recent announcement by the federal government on the reduction of supplementation allowances for Bilateral Education Agreement (BEA) scholars for the 2024 academic year. This was contained in a letter signed by the president of the association, Alabi Jeffrey and ...
•Tinubu President Bola Tinubu has signed an executive order to introduce zero tariffs, excise duties and Value-Added Tax (VAT) on imported pharmaceutical inputs, a statement by the coordinating Minister of Health and Social Welfare, Muhammad Ali Pate has said. Pate said the order introduced zero tariffs, excise duties, and Value-Added Tax (VAT...
Cement manufacturers have agreed to sell a 50kg bag of cement at a retail price between N7,000 and N8,000, depending on location nationwide. However, the manufacturers stated that the price drop from the current market price would depend on the fulfilment of certain government interventions to ameliorate critical challenges faced in the indust...
•National Assembly Socio-Economic Rights and Accountability Project (SERAP) has urged the Senate President, Godswill Akpabio, and Speaker of the House of Representatives, Tajudeen Abbas, to reduce the National Assembly budget of N344.85 billion to reflect the current economic realities in the country and cut the cost of governance. SERAP urged...
There is confusion within the road transport sector over the federal government’s announcement of 50 per cent reduction in transportation fares along 22 inter-state routes during this Yuletide season. Findings by our correspondents yesterday, indicated that while some of the approved transport companies had started implementing the fare cut, o...
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