DSDP (Direct Sale Direct Purchase)- False Fuel Subsidy Claims
The NNPCL decided to wind down its Direct Sale Direct Purchase (DSDP) contracts after the recent 300% PMS price increase. All the fuel subsidy claimed from 2020-2023 had originated from PMS imported under DSDP contracts. Last year, the Abdulkadir Sa’ad Abdullahi ad-hoc committee of the House of Representatives investigated the DSDP program. The NNPCL told […]
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Summary of News Stories Across Nigeria and Abroad
KADUNA STATE: THE BURDEN OF CONTINUITY AND DELIVERING RESULTS
Senator Uba Sani, the incumbent Governor of Kaduna State, campaigned on the rhetoric of continuity and consolidation as evident in his SUSTAIN blueprint. The reality of which must now be practicalized – as his performance will not be measured by just outputs, number of empowerment or infrastructure, but also outcomes, reduction in poverty and unemployment. […]
KADUNA SOCIAL PROTECTION BILL: KADSPAC calls for speedy assent
Kaduna State Social Protection Accountability Coalition, (KADSPAC), has commended the Kaduna House of Assembly over the passage of the Social Security bill on June 8, 2023, calling on Governor Uba Sani for speedy passage of the bill into law. Chairperson of the coalition, Ms Jessica Bartholomew, stated while speaking to newsmen in Kaduna on Saturday, […]
THE REAL SUBSIDIES ARE NOT FOR THE POOR, BUT THE RICH.
BY FEMI FALANA, SAN Globally, subsidies, whether for food, transportation, energy or housing, are part of good governance. So, the issue is not subsidies but who benefit from them. In Nigeria, subsidies are primarily of the rich, by the rich and for the rich. I will highlight a few, how they are being manipulated and […]
All You Need To About Acting CBN Governor
With Friday night’s suspension of the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, President Bola Tinubu has tasked the Deputy Governor, Operations Directorate, Mr. Folashodun Adebisi Shonubi, with leading the country’s apex financial institution in an acting capacity. Having served in the deputy governor role since October 2018, according to the website […]
Twitter Boss Announce Payment For Verified Creators’ Adverts
The CEO of Twitter, Elon Musk, has announced that Twitter will soon commence the payment of verified content creators for the adverts they place in their responses, with the first payment block being roughly $5 million. Musk, a billionaire who purchased Twitter last October, said in a tweet: “Note, the creator must be verified and […]
Folashodun Shonubi Steps In As CBN Acting Governor
Following the suspension of Godwin Emefiele as the Central Bank of Nigeria governor Folashodun Adebisi Shonubi has been named as Acting CBN Governor. The CBN Deputy Governor, Operations is taking over from Godwin Emefiele who was suspended by President Bola Ahmed Tinubu on Friday due to ongoing investigation. RELATED STORY: Tinubu Suspends Emefiele As Central […]
Tinubu Suspends Emefiele As Central Bank Gov.
President Bola Tinubu has suspended Gowin Emefiele as the Central Bank Governor with immediate effect on Friday 9 June, 2023. The press was informed about the suspension in a press released signed by Willie Bassey, Director, Information for the Secretary to the Government of the Federation, The release states that the suspension is sequel to […]
Mix Reactions as Ekiti Chef’s Attempt To Break Hilda Baci’s Cooking Record
Netizens have taken to Facebook to drag an Ekiti State chef, Damilola Adeparusi, who is attempting to break Hilda Baci’s 100 hours cooking marathon completed in Lekki, Lagos State. Adeparusi has earmarked 120 hours for herself to break the yet-to-be-certified record made by Hida Baci. The Oye-based lady is currently greeted by friends and well-wishers […]