Newspaper Headlines: Labour faults N180bn palliatives to states
Reports on the planned disbursement of N180 billion to states as petrol subsidy palliatives, dominate the front pages of the dailies today. Source: Top Stories
REVEALED: FG’s N5bn subsidy removal palliative to states is a loan
The relief aid given to the states by the federal government to cushion the effects of the removal of the petrol subsidy is a loan, TheCable can report. Earlier, the federal government announced a N5 billion relief package for each state of the federation, including the federal capital territory (FCT). Babagana Zulum, […]
CBN introduces FX price verification system portal for importers
The Central Bank of Nigeria (CBN) has introduced a foreign exchange (FX) price verification system (PVS) portal to enable importers to access forex. The CBN, in a statement on Thursday night, said a price verification report from the portal is now mandatory for all Form M requests, effective from August 31, 2023. […]
Tinubu to Nigerians: The challenges you face are for better tomorrow
President Bola Tinubu says the challenges Nigerians are facing due to the removal of the petrol subsidy are for a better tomorrow. Tinubu spoke on Thursday at the public presentation of “Brutally Frank,” an autobiography of Edwin Clark, convener of the Pan-Niger Delta Forum (PANDEF). Represented by George Akume, secretary to the […]
Subsidy removal: AbdulRazaq heads NEC’s committee to negotiate with labour
The national economic council (NEC) says it has set up a five-man committee to negotiate with the leadership of labour unions in the country to resolve the crisis relating to the removal of the petrol subsidy. The NEC is made up of governors of the 36 states, the governor of the Central Bank […]
AIU lifts Tobi Amusan’s suspension, finds her not guilty of doping violation
The Athletics Integrity Unity (AIU) has cleared Tobi Amusan of an anti-doping rule violation. AIU announced the decision in a statement on Thursday. The World Athletics body said Amusan’s suspension has been lifted with immediate effect. In July, AIU handed the Nigerian athlete a provisional suspension for allegedly “missing three tests in […]
Subsidy removal: FG announces N5bn palliative for each state
The federal government has announced a N5 billion palliative for each state of the federation, including the federal capital territory (FCT), to cushion the impact of the removal of the petrol subsidy. Babagana Zulum, governor of Borno state, made the announcement in Abuja on Thursday, when he spoke to State House correspondents at […]
Abbas reshuffles committee chairs after Yusuf Sununu’s ministerial appointment
Tajudeen Abbas, speaker of the house of representatives, has reshuffled some committee chairpersons after the ministerial appointment of Yusuf Sununu, lawmaker from Kebbi state. On Wednesday, President Bola Tinubu named Sununu as minister of state for education. On July 27, Abbas announced the names of lawmakers who will chair 134 standing committees […]
DHQ: Three officers, 22 soldiers killed in Niger state ambush, crash
The Defence Headquarters (DHQ) says three officers and 22 soldiers were killed during the ambush and helicopter crash that occurred in Wushishi and Shiroro LGAs of Niger state. NAN reports that Edward Buba, director of defence media operation, disclosed this during a biweekly briefing on operations of the DHQ. On August 14, […]