Federal Government Deems Electricity Subsidy Financially Unviable.
Bolaji Peters (SIWES student, Polytechnic Iresi) The Federal Government has acknowledged the financial strain of continuing electricity subsidies amidst the escalating power debt in Nigeria,the challenges facing the country’s energy sector. Nigerian Minister of Power, Adebayo Adelabu, emphasizes the unsustainability of the country’s massive debt owed to electricity and gas companies. He advocates for transitioning […]
Senate Mourns Wigwe, Who Sponsored 10 Of His Uncles To Hajj.
By Bolaji Peters (SIWES STUDENT, Polytechnic Iresi) Senator Aminu Tambuwal spoke during plenary about his final moments with Herbert Wigwe, who was killed in a helicopter crash last week. Wigwe had asked Tambuwal to inspect the Wigwe University project, which was a reflection of his impact on the Sokoto community. The Federal Government confirmed it […]
Naira Shows Slight Gain In Official Market Amid Persistent Weakness In Parallel Market.
By Bolaji Peters (SIWES student, Polytechnic Iresi) The Nigerian naira experienced a marginal uptick against the US dollar, edging from its record low of N1,534/$ to N1,499/$ on Tuesday. However, its performance remained feeble in the parallel market, where it lingered at N1470/$. This fluctuation is attributed to President Bola Tinubu’s decision to eliminate fuel […]
Labour Party Suspends National Treasurer For Six Months.
By Bolaji Peters (SIWES student, Polytechnic Iresi) The Labour Party’s National Working Committee has suspended Oluchi Opara, its national treasurer, for a duration of six months. This decision was announced during a press conference held at the party’s headquarters in Abuja. Opara’s suspension follows her accusations against the National Chairman, Julius Abure, and her claims […]
Ghana’s President Reshuffles Cabinet, Dismisses Finance Minister.
By Bolaji Peters (SIWES student, Polytechnic Iresi) President Nana Akufo-Addo of Ghana has executed a cabinet reshuffle ahead of the upcoming December elections, relieving the finance minister of his duties. Mohammed Amin Adam, a sitting member of parliament, assumes the role of finance minister, replacing Ken Ofori-Atta. Ofori-Atta had been under scrutiny for his management […]
EFCC Raid At Futa Campus Leads To Student Arrests
By Bolaji Peters (SIWES student, Polytechnic Iresi) Alleged EFCC operatives reportedly conducted a raid at the Federal University of Technology, Akure (FUTA) in Ondo State, targeting students suspected of fraud. Videos circulating on social media depict the operatives breaking into students’ lodges in the early hours of the morning, sparking outrage over their alleged heavy-handed […]
Nigeria’s Oil Production Trends.
By Adegbenro Barakat Opeyemi (SIWES Student, Moshood Abiola Polytechnic) Nigeria experienced a notable surge in oil output, with an increase of 177,000 barrels per day (bpd) in January. According to data from the National Crude and Condensate Production, sourced from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), December 2023 recorded a production of 1.55 million […]
Nurse Asserts Rights Amid NMCN’s Certificate Verification Dispute.
By Omotosho Victor Fiyinfoluwa (SIWES student, Federal Polytechnic Ado-Ekiti) An outcry from nurses against the Nursing and Midwifery Council of Nigeria (NMCN) emerged as they contest the stringent guidelines for certificate verification. Margaret, a vocal nurse, emphasized the impossibility of the Council holding them in Nigeria, citing exorbitant fees paid for their certifications and a […]
Plateau Killings Prompt Call For State Police, Says Rep Bagos.
By Omotosho Victor Fiyinfoluwa (SIWES Student, Federal Polytechnic Ado-Ekiti) Hon. Dachung Musa Bagos, former Chairman of the House of Representatives Committee on Science and Technology, denounces the recent killing of four individuals in Miango District, Bassa local government area, Plateau State. Bagos, a Peoples Democratic Party (PDP) lawmaker from Plateau State, recently ousted by the […]
Impending Port Shutdown Threatened Over Government Revenue Reduction.
The Senior Staff Association of Statutory Corporations and Government-Owned Companies Branch (SSASCGOC) and the Maritime Workers Union of Nigeria (MWUN) have issued a stark warning, indicating their readiness to close down all ports across the country. Their stance is in response to the Federal Government’s proposal to slash the internally generated revenue (IGR) of Federal […]