Author: Lekan Shobo Shobowale

EDUCASH: Ogun To Pay N3.5bn To 150,000 Beneficiaries The Ogun State Government said N3.5 billion have been earmarked for the ongoing ‘Educash transfer’ programme of the Governor Dapo Abiodun-led administration. About 100,000 indigent pupils in both public primary and secondary schools, as well as 50,000 students in tertiary institutions across the country, will benefit at the end of the exercise. The state government also disclosed that over 40,000 students and pupils in primary and secondary school have so far benefited from the programme. Commissioner for Education, Science and Technology, Prof Abayomi Arigbabu, who stated this shortly after monitoring the cash…

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Wike/Fubara: Rivers Police Sue For Peace On The Boiling Political Issues Within The State Press Release The Rivers State Police Command is fully aware of the numerous political statements and sentiments that have been circulating within the state. In light of these developments, we would like to inform the general public and the esteemed people of Rivers State of the following: i. The Nigeria Police Force is the statutory and constitutional authority entrusted with the responsibilities of enforcing laws and orders, as well as protecting lives and properties, among others. ii. The Rivers State Police Command, as an integral part…

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Re: Viral Video Of Police Officers Demanding Drone Permit On Lekki-Ikoyi Link Bridge In response to a now viral video showing two police officers demanding a drone permit from a drone operating individual on the Lekki-Ikoyi Link Bridge, the Lagos State Police Command wishes to clarify that the police officers acted within the ambit of the law to demand to see a permit. For emphasis, Nigerian aviation laws stipulate that a permit must be obtained from the Nigerian Civil Aviation Authority (NCAA) for the operation of drones weighing more than 250 grams anywhere within the country. Nonetheless, the Lagos State…

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Hike In Electricity Tariff: FG Advises Nigerians to Anticipate Further Increase Addressing an audience at a briefing in Abuja on Friday, Minister of Power, Adebayo Adelabu, highlighted that the recent uptick in electricity tariff is a test phase towards eliminating electricity subsidies in the country. He mentioned that the government intends to eliminate all subsidies in the industry to encourage increased investment in the power sector. The Minister said: “This tariff review is in conformity with our policy thrust of maintaining a subsidized pricing regime in the short run or the short term with a transition plan to achieve a…

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President Tinubu Appoints 36 Years Old Nwagba As Chief Executive Officer Of The Nigerian Consumer Credit Corporation (CREDICORP) In keeping with his dedicated efforts to ensure financial inclusion and economic prosperity for the majority of Nigerians, President Bola Tinubu has approved the appointment of Engineer Uzoma Nwagba as the Managing Director/Chief Executive Officer of the Nigerian Consumer Credit Corporation (CREDICORP). Engineer Nwagba, 36, holds a Master’s of Business Administration from the Harvard Business School and a first-class Bachelor’s of Engineering from Howard University, Washington DC. Prior to his appointment, Engineer Nwagba served as Chief Operating Officer of the Bank of…

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Our First Name Is Sprirt, The Last IS ‘CAN DO’ – President Tinubu President Bola Tinubu spoke Thursday night about the unquenchable spirit of Nigerians, their positive attitudes and self-belief that they can overcome all odds. He spoke during Iftar in Abuja with members of the Nigerian business community. Recounting his speech at the New York Stock Exchange when he visited in 2023, President Tinubu said Nigerians have the self-belief and determination to drive economic transformation from within. ”At the New York Stock Exchange, I appealed to foreign investors to consider Nigeria as a prime investment destination. “At the end…

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President Tinubu To Commission Multiple Projects in May, Says FCT Minister, Nyesom Wike Wike disclosed this during his press briefing earlier today where he also listed some of the projects slated for commissioning in May:👇🏾 – Federal Secretariat (First Phase) – Abuja Metro Line – Southern ParkWay – Roads B6 and B12 – Vice President’s official residence – Wuye Interchange – Outer Southern Expressway (OSEX) – Northern Parkway (N20) – Guzape Lot 2 – Guzape Diplomatic Area – Five access roads to the Abuja train stations Wike also noted that he couldn’t remember all the projects set for commissioning but…

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Abiodun Mourns Prof. Odemuyiwa, Says Death Tragic Ogun State Governor, Prince Dapo Abiodun has described the tragic death of Prof. Joseph Odemuyiwa, his former Special Adviser on Vocational and Technical Education, as a great loss to the state and the education sector. Prof. Odemuyiwa served as the governor’s aide during his first term in office. He reportedly died in an accident on Tuesday, while on his way to Lead City University, Ibadan, Oyo State capital, where he was a lecturer. Prince Abiodun, in a condolence message, described the passing of Prof. Odemuyiwa as tragic and sad, adding that his death…

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Oyo Governor’s Close Ally Escapes Assassination Attempt A close ally of the Oyo State Governor and People’s Democratic Stalwart in Oyo State, Mogaji Olawale Oladoja on Monday reportedly escaped “gunmen attack” at Yawiri area, Akobo Ibadan. According to source who witnessed the sad incident, Mogaji Olawale Oladoja was on his way out from his Akobo, Ibadan when two men on a power bike knocked at the door glass of his car. The assailants who were unable to identified Oladoja among the five people in the car later sped off after being challenged by Oladoja of their mission at the area.…

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Naira Appreciates To N1,250/$ At Parallel Market The naira, on Monday, appreciated to N1,250 per dollar at the parallel section of the foreign exchange (FX) market. The FX rate is a 0.43 percent increase from the N1,280 recorded on March 29. Currency traders in Lagos, also known as bureau de change (BDCs) operators, quoted the buying rate of the greenback at N1,230 and the selling price at N1,250 — leaving a profit margin of N20. “The dollar keeps declining and it is affecting business but business is picking up gradually,” a currency trader named Aliyu said. At the official section…

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