APC spokesman: Why aspire to be president if you can’t raise N100m?
Felix Morka, national publicity secretary of the All Progressives Congress (APC), says anyone aspiring to be president should have the “sufficient base” to raise N100 million. He said this on Monday when he was interviewed during a programme on Silverbird Television. The APC had fixed N100 million for its nomination and expression […]
Additional lump sum, easier access to RSA after job loss… PenCom revises regulation on retirement benefits
The National Pension Commission (PenCom) has reviewed its regulation on retirement and terminal benefits. The regulation guides the process of accessing retirement and terminal benefits by pension contributors and retirees under the contributory pension scheme (CPS). The agency said the revised regulation contains several new provisions on pension enhancement, voluntary contributions, […]
Off-spec petrol: Lawyer sues Buhari over ‘excessive hardship suffered by Nigerians’
Festus Ogun, a Lagos-based legal practitioner, has filed a suit against President Muhammadu Buhari over the recent petrol scarcity in the country. In February, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) had confirmed that petrol with methanol content above national specification was imported into the country. Amid efforts to recall the off-spec petrol […]
CBN: FG recorded N2.23trn fiscal deficit in Q4 2021
The Central Bank of Nigeria (CBN) says the federal government recorded N2.23 trillion fiscal deficit in the fourth quarter (Q4) of 2021. The apex bank said this in its economic report for the fourth quarter of 2021. A fiscal deficit is a shortfall in a government’s income compared with its spending. By […]
Farmers Diary: Palm oil producers seek ‘funding, seedlings, technology’ to stay in business
On a chilly Wednesday morning in Atakumosa East LGA of Osun state, Isaac Obadare and a member of his staff were working tenaciously towards the production of seven 25kg kegs of palm oil. The female worker was washing the fruits inside a pit — the local presser — while Obadere was operating the […]
Bala Mohammed: If Tinubu was in PDP, he would be handed the presidential ticket
Bala Mohammed, governor of Bauchi, says if Bola Tinubu, presidential hopeful of the All Progressives Congress (APC), was a member of the Peoples Democratic Party (PDP), he would be handed the presidential ticket in 2023. Mohammed said this on Sunday when he appeared on ThisDay Live, a programme on Arise TV. Mohammed […]
MURIC rejects Sanwo-Olu’s endorsement for second term, says it’s the turn of Muslims
The Muslim Rights Concern (MURIC) has rejected the endorsement of Babajide Sanwo-Olu, governor of Lagos, for a second term in office. Last Monday, the Governor’s Advisory Council (GAC) of the All Progressives Congress (APC) in Lagos endorsed Sanwo-Olu for a second term in office. But Ishaq Akintola, MURIC director, in a statement, […]
NDLEA arrests ‘billionaire drug baron’ behind N3bn illicit drugs linked to DCP Kyari’s team
The National Drug Law Enforcement Agency (NDLEA) says it arrested Afam Ukatu, chairman of Mallinson group of companies, over an alleged N3 billion tramadol deal linked to Abba Kyari, suspended deputy commissioner of police (DCP). NDLEA, in a statement on Monday, said Ukatu was arrested on a flight to Abuja from Lagos airport […]
Report: Twitter board in talks with Elon Musk over bid to buy company
Twitter, a microblogging company, may accept the deal to sell itself to Elon Musk, The New York Times is reporting. The newspaper quoted two people familiar with the matter as saying that the two sides were discussing details, including a timeline to close any potential deal and any fees that would be paid […]
Newspaper Headlines: Tinubu, Osinbajo groups kick as some APC leaders consider Jonathan as consensus candidate
The division arising from the consensus plan of some northern presidential hopefuls in the Peoples Democratic Party (PDP) dominated the cover pages of Nigerian newspapers. Source: Top Stories