News
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The Nigerian Civil Aviation Authority (NCAA) has directed pilots to cease working for multiple airlines simultaneously, citing safety concerns and regulatory compliance. Key Highlights: – Immediate ban on multiple employment – Pilots must choose a primary employer – Airlines must verify pilots’ employment status – Non-compliance attracts penalties Rationale: – Reduced pilot […]
The Lagos State Government has launched a bid to attract foreign investment to finance low-cost housing projects, aiming to bridge the state’s daunting housing deficit. Key Highlights: – Target: 100,000 affordable housing units – Estimated investment: $2 billion – Focus on public-private partnerships (PPPs) – Emphasis on sustainable, eco-friendly housing Government’s Pitch: […]
The Nigerian National Petroleum Company Limited (NNPCL) has announced the cessation of N24 trillion fuel imports, opting instead to source petroleum products from the newly operational Dangote Refinery. Key Highlights: – NNPCL ends fuel importation after 66 years – Dangote Refinery to supply 650,000 barrels per day – Local refining capacity increases to 1.1 […]
The value of unsold goods in Nigeria has skyrocketed by 357.6% to N1.24 trillion, according to recent data. This significant increase raises concerns about the country’s economic stability and the challenges faced by manufacturers and retailers. Key Statistics: – Unsold goods value rose from N269.12 billion in 2022 to N1.24 trillion in 2023. – The […]
Renowned human rights lawyer Femi Falana has strongly criticized the prosecution of protesters associated with the #EndBadGovernance movement, emphasizing that such actions violate the 1999 Constitution .As a vocal advocate for human rights and democratic principles, Falana stresses that the right to peaceful assembly and protest is fundamental to democratic societies and safeguarded by international […]
Nigerian President Bola Tinubu has urged for an immediate end to the Israeli aggression in Gaza, emphasizing that the conflict has persisted for far too long, causing immense suffering ¹. He made this call at the extraordinary Arab-Islamic Summit in Riyadh, Saudi Arabia, where he reiterated Nigeria’s support for a two-state solution, allowing Israelis and […]
The Ijaw Youth Council (IYC) has categorically denied any involvement in a purported threat to organize a protest against the Niger Delta Development Commission (NDDC). The council has expressed deep concern over the malicious intent behind this false information and has taken swift action to clarify its stance. In a recent statement, the IYC emphasized […]
Mudashiru Obasa, the Speaker of the Lagos State House of Assembly, has expressed his interest in succeeding Governor Babajide Sanwo-Olu. While acknowledging his aspirations, Obasa emphasized his commitment to the All Progressives Congress (APC) and its overall success. In a recent statement, Obasa highlighted the importance of party loyalty over individual political ambitions. He asserted […]
The landing cost of petrol in Nigeria has recently experienced a decline, reaching a new level of N97.1 per liter. This reduction in import costs is a positive development for the country’s fuel market. However, despite the lower landing cost, the retail price of petrol at gas stations has continued to increase. This discrepancy between […]
The Nigerian Labour Congress (NLC) has issued a stern warning to defaulting states, threatening imminent strike action if they fail to implement the new national minimum wage. The labor union expressed deep concern over the worsening economic conditions in the country and the government’s apparent disregard for the welfare of workers. In a recent statement, […]
