Tag: may
-
South Africa: Former president, Zuma excluded from May elections
South Africa’s electoral commission has revealed that it has excluded former president Jacob Zuma from standing in the May 29 general election. “In the case of former president Zuma, yes, we did receive an objection, which has been upheld,” commission president Mosotho Moepya told reporters, without giving details.
-
Nigeria’s inflation rate jump to 22.41% in May
Nigeria inflation rate jumped up to 22.41 percent in May 2023, according to Nigeria’s consumer price index (CPI), which measures the rate of change in prices of goods and services in the country. The inflation rate increased from 22.22 percent in the previous month to 22.41 percent.
-
[BREAKING] May Day celebrations: FG declares May 1st public holiday
The Federal Government has declared Monday, May 1 as Public Holiday to mark this year’s Workers’ Day celebration. Dr Shuaib Belgore, Permanent Secretary of Ministry of Interior disclosed this in a statement issued Friday in Abuja stating that the Minister of Interior, Ogbeni Rauf Aregbesola, made the declaration on behalf of the Federal Government. The…
-
FG, States, LGs share N605.95bn in May
The Federal Accounts Allocation Committee (FAAC) on Wednesday said it shared a total of N605.958 billion as May 2021 revenue to the Federal, States and Local Governments as well as other relevant agencies. Mr Charles Nwodo, Director, Information, Ministry of Finance, Budget and National Planning, in a statement in Abuja, said the amount was shared…
-
IPOB shifts sit-at-home order to May 31
The proscribed Indigenous People of Biafra (IPOB) has shifted the May 30 sit-at-home order to May 31. The group said the shift of date followed genuine observations about its earlier directive as many of its people observed Sundays as day of worship In a statement by the Media and Publicity Secretary Emma Powerful, IPOB however…
-
Why we can’t increase electricity tariff in May – Minister
The Minister of Power, Engr. Sale Mamman, has dismissed rumours of a major hike in electricity tariff, clarifying there is no plan to significantly raise tariff. In a statement in Abuja, the Minister said instead of significant hike in electricity tariff, Nigerians should expect an increase efficiency in the sector to reduce tariffs while managing…
-
NNPC calms nerves, says no increase in petrol price in May
The Nigerian National Petroleum corporation (NNPC) says it will not increase the ex- depot price of Premium Motor spirit also known as petrol in May. The Group Managing Director, Malam Mele Kyari, made this known at the end of a closed door meeting with Petroleum Transport Drivers (PTD), National Association of Road Transporters Owners (NARTO)…
-
PMI: Nigeria’s manufacturing sector records first growth since May
The October Purchasing Managers’ Index for the manufacturing sector stood at 49.4 index points, indicating a reversal of five consecutive months of contraction which started in May. This is according to the result of PMI survey released by the Statistics Department of Central Bank of Nigeria (CBN) on Tuesday. The manufacturing PMI for the month…
-
Nigeria met only 19% OPEC+ cut compliance in May – Survey
Nigeria met only 19 percent of its promised reduction in line with the Organisation of the Petroleum Exporting Countries (OPEC) agreed cuts for the month of May 2020. OPEC oil output hit the lowest in two decades in May as Saudi Arabia and other members started to deliver a record supply cut. OPEC and its…