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Tinubu signs N2.17tn supplementary budget

President Bola Tinubu has signed the 2023 supplementary appropriation bill of N2.17 trillion into law. Tinubu signed the Supplementary Appropriation Act, 2023 in his office at the State House in the presence of the Secretary to the Government of the Federation, George Akume; Senate President ...

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Organized Labour declares nationwide strike

By Ogaga Ariemu Organized Labour has declared a total and indefinite nationwide strike action, starting from Tuesday, November 14, 2023. The Nigerian Labour Congress, NLC, and Trade Union Congress, TUC, disclosed this after an emergency meeting in Abuja on Tuesday. Recall that the labour unions ...

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Federation owes NNPC N4.207trn, says Spokesman

The Federation owes the Nigerian National Petroleum Company Limited, NNPC Ltd, N4.207 trillion resulting from months of unpaid petrol subsidies, the company’s Spokesman, Mr. Olufemi Soneye has disclosed. Soneye, NNPC’s Chief Corporate Communications Officer, in a statement in Abuja also disclosed ...

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Census not possible in 2023 – NPC source

By Gift Habib There are indications that the conduct of the National Population and Housing Census may not be held this year, Saturday PUNCH has learnt. Nigeria has been brandishing an estimated figure for the last few years, as the last census was conducted in 2006 by the National Population ...

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NAFDAC raises alarm over killer energy drink

By Ogaga Ariemu The National Agency for Food and Drugs Administration and Control (NAFDAC) has issued a public alert, warning consumers about the G Fuel brand Energy Drinks that have been recalled by T&E Imports and GPAE Trading Corporation. Mojisola Adeyeye, Director-General of NAFDAC, in ...

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Senate approves N2.1tr supplementary budget

The Senate has approved President Bola Tinubu’s 2023, N2.1 trillion supplementary budget for the 2023 fiscal year. Senate President, Godswill Akpabio, hit the gavel announcing the approval after putting the report to a voice vote by Senators. This was a sequel to the adoption and debate of ...

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EFCC bans sting operations at night

By John Owen Nwachukwu The chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has directed that sting operations at night be stopped across all the commands of the commission. This is in line with the newly reviewed procedures on arrest and bail of suspects. He gave ...

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No plans to redenominate Naira – CBN clarifies

By Ogaga Ariemu The Central Bank of Nigeria has denied claims that it plans to redenominate the country’s currency, Naira, with effect from January 2023. Isa AbdulMumin, CBN’s Director of Corporate Communications, made this known on Tuesday in a statement. The reaction of the apex bank comes ...

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