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BUHARI WOULDN’T HAVE BECOME PRESIDENT WITHOUT TINUBU – SUNDAY DARE The Special Adviser to the President on Public Communications and Orientation, Sunday Dare, has said former President Muhammadu Buhari would not have emerged as Nigeria’s number one citizen in 2015 without President Bola Tinubu’s support. This is just as Dare said his appointment by the President was not a downgrade, …

FG GIVES NIGERIANS NINE MONTHS TO DEPOSIT DOLLARS IN BANK Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has revealed a new government policy that would permit Nigerians who currently hold dollars outside the formal banking system to bring those funds into the financial system. Edun said such individuals have a nine-month grace period to comply with …

ADAMAWA IMPOSES N40,000 TAX ON WORKERS AFTER ANNOUNCING N70,000 MINIMUM WAGE The Nigerian Labour Congress (NLC) has rejected the new tax regime imposed on civil servants by the Adamawa State government. Tax deductions on salaries for the month of October reportedly went astronomical, with some workers losing as much as N40,000 from the new national minimum wage, according to NLC. …

FORMER US SECRETARY OF STATE KNOCKS TINUBU, SAYS ONLY IN NIGERIA WILL BANDITS TAKE OVER MILITARY TRAINING FACILITY Tibor Nagy, a former United States Assistant Secretary of State for Africa, has expressed concerns about the insecurity in Nigeria under the President Bola Tinubu-led government. Nagy’s comments followed allegations made by a Niger State House of Assembly lawmaker stating that bandits …

IT’S SHAMEFUL NIGERIA IMPORTS PETROL – GOVERNORS Governors of the 36 states of the federation have expressed dismay over the lingering crisis in the petroleum industry, saying it is shameful that despite being a member of the Organisation of Petroleum Exporting Countries (OPEC), Nigeria still imports petrol. Chairman of the Progressive Governors Forum (PGF) and Imo State governor, Hope Uzodinma, …

I DIDN’T ORDER SHUTDOWN OF OIL COMPANIES – FUBARA Governor Siminalayi Fubara of Rivers State has refuted a viral social media claim that he ordered the shutdown of oil operations in Rivers State, according to The Cable. On Wednesday, a federal high court in Abuja prohibited the Central Bank of Nigeria (CBN) from distributing financial allocations to the Rivers State …

GOVERNORS MOVE TO CREATE CONSTITUTIONAL ROLE FOR TRADITIONAL RULERS The Nigeria Governors’ Forum (NGF) and traditional rulers have agreed to form a committee that will work on creating a clear constitutional role for traditional rulers in the country. The decision was made on Wednesday during a meeting at the Presidential Villa in Abuja. Speaking to reporters after the meeting, Ogun …

NEC RECOMMENDS WITHDRAWAL OF TAX REFORM BILL The National Economic Council (NEC) has recommended the withdrawal of the Tax reforms bill already at the National Assembly. The NEC headed by Vice-President Kashim Shettima has governors as members. Speaking to state House Correspondents after a NEC meeting, on Thursday, Governor Seyi Makinde of Oyo State said following the controversies that arose …

OIL MARKETERS ADJUST PETROL PUMP PRICE FROM N1,010 TO N1,050 The price of Premium Motor Spirit (PMS), commonly called petrol, has been raised by major oil marketers from N1,010 to N1,050 per litre, reflecting a 4% increase in Lagos and neighboring areas. This adjustment comes amidst ongoing economic challenges and fluctuations in global oil prices, which have put pressure on …

WE STAND BY OUR ADVICE ON NIGERIA REMOVING FUEL SUBSIDY, FLOAT NAIRA – IMF The International Monetary Fund (IMF) says it stands by its advice to Nigeria to remove petrol subsidy and float the exchange rate. The Bretton Woods institutions have been accused of advising President Bola Tinubu on the present economic policies, especially the removal of subsidy from PMS …