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No plans to reintroduce Petrol Subsidy – Presidency

The Presidency has dismissed reports of plans to temporarily re-introduce petrol subsidy. The Senior Special Assistant to the President on Media and Publicity, Tope Ajayi in a tweet, said the President Bola Tinubu-led administration will “maintain current pricing without reversing the deregulation policy”. The clarification comes after reports said the government was considering a short-term […]

Airports security workers embark on nationwide strike from Wednesday

The National Union of Air Transport Employees (NUATE) has directed the Aviation Security and logistics sub-sector to proceed on an immediate strike from Wednesday, August 16, 2023, following poor wages. The strike notice was contained in a circular sent to the Director-General of Civil Aviation; the Managing Director, Federal Airports Authority of Nigeria; the Commissioner […]

Subsidy removal: University of Ibadan introduces 3 working days for Staff

The University of Ibadan, has directed its staff to work for three days a week. This was made known in a statement released by the institution in a special release with the number signed by Ganiyu Oke Saliu, Registrar and Secretary to Council. The statement said the choice was made in light of the recent […]

Nigeria’s inflation rate jumps to 24.08%

Nigeria’s headline inflation rate has jumped to 24.08% for July 2023, the National Bureau of Statistics (NBS) has revealed. In June, inflation was recorded at 22.79%, but has now jumped by 1.29 percentage points. This is the highest recorded increase in 2023. The NBS said, “In July 2023, the headline inflation rate rose to 24.08 […]

Federal Government files fresh 20-count charge against Emefiele

The Federal Government has applied to withdraw the “illegal possession of firearms” case it filed against the suspended Central Bank of Nigeria Governor, Godwin Emefiele, at the Federal High Court sitting in Lagos. The Director of Public Prosecutions at the Federal Ministry of Justice, Mohammed Abubakar, in an oral application, told Justice Nicholas Oweibo that […]