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Prof. Akpan Ekpo, Chairman of the Foundation of Economic Research and Training, has called on the newly appointed Nigerian Minister of Finance, Mr Wale Edun, to tackle the challenges of rising inflation, insecurity, and the cost of governance. In an interview, Ekpo highlighted the factors contributing to inflation and suggested possible solutions. He stressed the need to curtail government expenditure, address the security situation, and boost productivity to combat inflation effectively.
Mrs. Priscilla Otti, the wife of Abia State Governor, has emphasized the government's commitment to creating a conducive environment for women to pursue their aspirations without bias. Speaking at the recent Ibeku Egwu Asaa women August meeting, Mrs. Otti highlighted the importance of women in shaping society and affirmed the government's prioritization of women's welfare. The annual conference serves as a platform for Igbo women to discuss community development, conflict management, and other initiatives. Mrs. Otti encouraged women to speak out against violations and make decisions that contribute to a better society.
EatN'Go Africa, the master franchisee of Domino's Pizza, Cold Stone Creamery, and Pinkberry Gourmet Yogurt has partnered with Slum2School Africa to launch "The Superhero Campaign." This campaign aims to support the education of 10 million underprivileged children in Nigeria and Africa's underserved communities within the next decade.
Honourable Ikenga Imo Ugochinyere, a member of the House of Representatives representing Ideato North and South Federal Constituency of Imo State, has called on the federal government to come to the aid of the people of the area. He appeals for urgent repairs of collapsed roads and bridges, as well as the devastating erosion menace in the region.
The Nigeria Immigration Service (NIS) has apprehended 61 illegal migrants in Ogun State. The arrests were made in Ibafo and Sagamu areas, with 60 of the migrants being from Cameroon and one from Burkina Faso. The NIS considers the migrants as threats to national security and plans to repatriate them after consultations with their respective countries.
General Brice Oligui Nguema has become Gabon's interim president following a military coup. However, experts express concerns about the country's uncertain future and the military's intent to relinquish power. The coup reflects a growing trend of political instability and poor governance in Africa. International pressure and the threat of sanctions are expected to play a role in determining the timeline for a return to democratic rule in Gabon.
Aradel Holdings Plc, a leading indigenous energy company in Nigeria, has announced its strong financial performance for the year, showcasing growth in key metrics and a resilient business model. The company's rebranding journey and strategic objectives to explore renewable energy opportunities have positioned it as a key player in sustainable energy solutions for economic growth.
Workers from all sectors in Nigeria are demanding improved welfare and protesting the government's removal of gas subsidies. The Nigeria Labor Congress initiated a two-day "warning strike" in response to the rising cost of living and the suffering inflicted on the workers and masses. If their demands, including increased wages, are not met, they threaten to shut down Africa's largest economy. President Bola Tinubu's efforts to revamp the economy have faced criticism for causing hardships without providing sufficient relief. The strike is expected to disrupt activities in many sectors, further impacting the already struggling economy.
In an attempt to avoid a nationwide strike scheduled by the Nigerian Labor Congress in response to the removal of fuel subsidies, the Nigerian government has appealed to the labor union to reconsider their decision and continue negotiations. The government emphasizes the need for strong communication channels and the importance of dialogue in preventing industrial unrest. This article discusses the background of the fuel subsidy issue, the potential impact of a strike, and the government's commitment to creating employment opportunities.
The Nigerian Correctional Service (NCS), Oyo State Command, has trained over 100 inmates on bread making and inaugurated a bakery facility to empower them. This initiative aims to equip inmates with valuable skills that can help them support themselves and their families after leaving the correctional center.
The Department of State Services (DSS) has released Wale Adedayo, the suspended chairman of Ijebu East Local Government Area (LGA) in Ogun State. Adedayo was detained after he accused the state governor, Prince Dr. Dapo Abiodun, of withholding federal allocations meant for local government areas. This incident adds to the ongoing political drama in Nigeria.
Following the ultimatum issued by members of the NLC and its affiliates to begin a 2-day warning strike, the Minister of Labour and Employment Simon Bako Lalong and the Minister of State Hon. Nkeiruka Onyeajeocha have briefed the media on efforts to dialogue with labour and avert the strike. The government acknowledges the hardships caused by the removal of Petrol Subsidy and other policies but assures Nigerians that measures are in place to cushion the impact and create a prosperous future.
Latest news summary in Nigeria
As primary and secondary schools across Nigeria reopen, parents are facing increased educational costs due to the removal of petrol subsidies by President Bola Ahmed Tinubu. This decision has resulted in higher fuel prices, impacting the finances of families already struggling to make ends meet. The rising fees are leading to concerns about an increase in school drop-outs and widening educational inequality. Parents are urging the government to provide affordable and accessible education options to alleviate the burden on families.
A resident of the El-Rufai Estate in Abuja, Nigeria, has been kidnapped by suspected bandits, marking the fifth kidnapping in the region in recent months. The incident has raised concerns about the increasing insecurity in Nigeria and the need for stronger security measures. Local communities await governmental action to address the issue.
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