Author: Oghenekevwe Uchechukwu
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Nigeria revives river basin authority for food security boost
The Nigerian government has announced plans to revitalize the country’s River Basin Development Authorities to enhance food production and support citizens’ livelihoods. Vice President Kashim Shettima made the announcement on Monday during a panel discussion titled “Innovative Financing for Food Systems Transformation” at the ongoing UN Food Systems Summit +2 in Rome, Italy. Shettima said…
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NGX market capitalization surges by N144 billion
Equities investors were all smiles as the Nigerian Exchange Group Limited (NGX) witnessed a surge in market capitalization, soaring by N144 billion during Monday’s trading session. Renewed bargain hunting and profit-taking activities contributed to the positive sentiments among investors as they eagerly await the outcome of the ongoing Monetary Policy Committee meeting of the Central…
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Nigerian insurers association plans accident insurance cover for travellers
The Nigerian Insurers Association (NIA) has unveiled plans to partner with the Federal Government, for an accident insurance cover designed to protect Nigerians on transit. During the association’s 52nd Annual General Meeting held in Lagos state, the Director-General of NIA Yetunde Ilori, announced the collaboration, adding that the initiative aims to reduce untimely deaths and…
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Presidency unveils 20 nuggets of Tinubu’s transformative vision for Nigeria
The Secretary to the Government of the Federation (SGF) George Akume, has unveiled 20 key points outlining President Bola Tinubu’s ambitious vision for transforming Nigeria. Akume praised Tinubu’s preparedness and determination to bring about positive change in the nation, noting that he had “a well-prepared plan to transform Nigeria”. The SGF emphasized that the government…
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Nigeria’s aviation authority probes fuel contamination
Nigeria’s Civil Aviation Authority (NCAA) has launched an extensive investigation into a recent incident involving water contamination in the fuel tanks of certain aircraft. The move comes as part of the authority’s efforts to prevent future occurrences of such safety breaches and ensure the safety of air travel in the country. Speaking at a meeting…
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Analysis: Tinubu’s poverty plan underestimated, inadequate
Recent figures released by the National Social Safety-Net Coordinating Office (NASSCO) further raise doubts about the adequacy of the social welfare plan proposed by the Tinubu-led administration. According to NASSCO’s report, there are 15.7 million economically insecure households registered in the National Social Registry, which translates to over 60 million individuals facing economic hardship and…
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Subsidy removal: Tinubu approves infrastructure fund to aid states
President Bola Tinubu has approved the establishment of an Infrastructure Support Fund (ISF) for all 36 States in Nigeria as a measure to cushion the impact of petrol subsidy removal on citizens. This announcement was made during the monthly meeting of the Federation Account Allocation Committee (FAAC) held on Thursday in Abuja. President Tinubu’s approval…
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Fact Check Report: Did Justice Ugo of the Presidential election tribunal resign?
There have been claims that one of the Justices presiding over the Presidential Election Petition Tribunal (PEPT) has tendered his resignation from the bench, citing pressures from the executive. The purported resignation emanated from a report published by the Igbo Times Magazine on Wednesday 19th July, 2023, where it claimed that Justice Boloukuoromo M. Ugo…
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Japa: What you should consider before applying for a UK degree
British universities are being accused of exploiting students by offering overpriced courses, and the UK government has unveiled plans to restrict low-quality degrees in an effort to protect students. The government insists that these “low value” degrees offer little in the way of job prospects and earning potential but still leave students saddled with debt.…
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UK government passes controversial “illegal migration bill”
The UK government has successfully pushed through the “Illegal Migration Bill” despite opposition and concerns about its impact on human rights and refugees. The bill will become a law once it receives approval from the King, presenting major hurdles for migrants entering the UK, particularly those crossing the Channel in small boats. The upper house…