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The President of the National Association of Nigerian Students (NANS), Usman Barambu, has appealed to the House of Representatives to amend the Student Loan Act for easier access to loans for all Nigerian students. NANS also requested student representation on the board and inclusion of Polytechnics and Colleges of Education. The Registrar of JAMB, Professor Is-haq Oloyede, supported the need for loan coverage of other expenses beyond tuition fees. The article delves into the recommendations given by NANS and JAMB for the improvement of the student loan system in Nigeria.
President Bola Ahmed Tinubu and Minister Nyesom Wike held a closed-door meeting at the Presidential Villa in Abuja. The meeting is believed to be related to the recent building collapse in the city. The article explores the possible agenda of the meeting and highlights the controversial choice of automobile by Minister Wike.
The Lagos State Internal Revenue Service (LIRS) has reiterated its dedication to utilizing modern technology and effective advocacy in boosting revenue generation within the state. The Executive Chairman, Mr Ayodele Subair, praised the introduction of technology by past and present governors, highlighting its role in optimizing operations and achieving remarkable results. This article explores LIRS's commitment to leveraging cutting-edge technology and the positive impact it has on revenue generation in Lagos State.
The Federal Ministry of Health in Nigeria has established an ad-hoc committee on Sugar-Sweetened Beverages Tax (SSB tax) to combat the growing burden of non-communicable diseases (NCDs) in the country. The committee aims to develop comprehensive strategies for the effective implementation and expansion of the SSB tax, which will help reduce excessive consumption of sugary drinks and promote public health. Nigeria, being a low- and middle-income country, is striving to improve its health index through evidence-based policies.
Nyesom Wike, the Minister of the Federal Capital Territory (FCT), has enforced a ban on street trading activities in Abuja, citing security concerns. Wike believes that street hawkers and sellers, particularly those selling corn, contribute to insecurity and criminal occurrences in the nation's capital. He argues that criminals exploit street trading situations to gather information and execute illegal activities. This decision has sparked a conversation about the balance between economic opportunities and security measures in a bustling city like Abuja.
Jigawa State Governor, Mallam Umar A. Namadi, has inaugurated a monthly environmental sanitation committee aimed at ensuring a clean and healthy environment in the state. The committee will plan and implement sanitation activities and coordinate the efforts of various task forces and local government petition committees. The governor emphasized the importance of discipline and self-service, stating that a clean environment reflects commitment and dedication. The chairman of the committee, Commissioner of Environment Dr. Nura Dandoka, highlighted the role of clean environments in reducing morbidity and mortality rates. In attendance were government officials and representatives from various agencies.
A building collapse in Nigeria's capital city, Abuja, has left two people dead and many others trapped. The two-story building, which served as both a commercial center and residential block, collapsed during heavy rainfall. Rescue efforts are currently underway to save those trapped under the debris.
A building collapse in Nigeria's capital, Abuja, has left two people dead and many trapped. The two-story building, which served as both a shopping center and residential block, collapsed during a heavy rainstorm. Rescue teams are working tirelessly to save survivors and search through the rubble. Building collapses have become increasingly common in Nigeria, often due to poor adherence to safety regulations and inadequate maintenance.
The Lagos State Internal Revenue Service (LIRS) is adopting cutting-edge technology and effective advocacy to enhance revenue generation. The LIRS Chairman, Mr Ayodele Subair, highlighted the agency's focus on market segmentation, process reengineering, and staff training. The implementation of technology-driven solutions, such as the e-tax application and the IBILE hub software, has streamlined tax administration and improved taxpayers' accessibility and efficiency.
Stakeholders under the aegis of Niger Delta Women League (NDWL) have called for the resignation of Senate President, Godswill Akpabio, over insensitive remarks he made during a plenary session. The women league expressed disappointment at Akpabio's comments, stating that they added insult to the economic injuries of the Nigerian people, especially in the midst of prevailing economic hardships.
Nigerian Exchange Limited (NGX) is planning to promote dollar asset listings, which can provide investment opportunities for Nigeria. The CEO of NGX, Temi Popoola, stated that the Exchange is working towards enabling companies with business models that generate revenue and profits in dollars to distribute their dividends in dollars to local investors. This move aims to address the challenges caused by fluctuations in forex and attract more listings to the domestic capital market. NGX is aiming to align its listing regulations with companies operating within the free trade zones and exploring options like bonds denominated in dollars and dollar equity offerings. Additionally, NGX plans to tap into dormant capital held in domiciliary accounts and collaborate with the central bank to enable domestic trading of Eurobonds.
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has implemented a ban on street trading in Abuja, citing concerns over insecurity and criminal occurrences in the city. In a stern directive to the FCTA and FCDA leadership, Wike emphasized the need to restore order and address challenges related to sanitation, illegal structures, and waste disposal. The minister vowed to step on toes and demolish any illegal structures, regardless of the individuals involved. Wike's measures aim to restore the master plan of Abuja and ensure the city returns to its intended state.
The Lagos State House of Assembly has confirmed 22 out of the 39 commissioner-nominees for screening and confirmation. Several high-profile nominees have been dropped from the list, including the former Commissioners for Education, Health, and Women Affairs and Poverty Alleviation. This decision has raised eyebrows and sparked discussions about the political dynamics within Lagos State.
The Minister of the Federal Capital Territory (FCT), Barrister Nyesom Wike, has revealed plans to revive the Abuja Rail Mass Transit, also known as Abuja Light Rail, as part of efforts to improve transportation in the nation's capital. In a tour of the metro station with the top management staff of the FCTA, he emphasized the need to fix the existing rail system before commencing new projects. The rehabilitation of the rail system is expected to significantly reduce traffic congestion in the city once completed.
The Nigerian Exchange Limited (NGX) has unveiled its plan to allow companies to list bonds and stocks denominated in dollars. This move aims to address challenges posed by foreign currency fluctuations and attract more investment to the Nigerian capital market. By enabling dividends to be paid in dollars, the NGX hopes to increase the availability of forex and tap into the dormant capital held in domiciliary accounts.
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