GOVERNOR SANWO-OLU HAILS PAST AND PRESENT.

has commended past and present leaders in the state who contributed to the development of the BLUE LINE RAIL which was commissioned yesterday by President Mohammadu Buhari. At the Commissioning, the State Governor had noted the landmark achievement is a testament that “the years of oppression of Lagos are over” – and “it can only […]

NASS, CBN battle over old naira notes’ deadline

The Senate and the House of Representatives has again called for the extension of the deadline set by the Central Bank of Nigeria (CBN) as the expiration date for the old N200, N500 and N1000 notes. Correspondent, Raliat Adenekan and Nathan Williams reports that the 2 legislative chambers of the national assembly urged the President […]

Buhari sets up c’ttee to tackle supply, petroleum products

NANJan 25, 2023 President Muhammadu Buhari has approved the constitution of a 14-man Steering Committee on Petroleum Products Supply and Distribution management. The Minister of State of Petroleum Resources, Timipre Sylva, in a statement, said the Steering Committee chaired by President Buhari, would ensure the transparent and efficient supply and distribution of petroleum products across […]

NDLEA Boss Warns Drug Barons of Tougher Times in 2023

The Chairman/Chief Executive Officer of the National Drug Law Enforcement Agency, NDLEA, Brigadier General Mohamed Buba Marwa (Retd) has warned that unrepentant drug barons and cartels will face tougher times in 2023 if they fail to back out of the illicit drug business. Gen. Marwa (Retd) who gave the warning at a media briefing in […]

Insecurity Might Force Cancellation, Postponement of 2023 Polls – INEC Warns

The Independent National Electoral Commission, INEC, has debunked the purported release of final list of candidates for the 2023 general election. The commission in a statement by its Chairman Information and Voter Education Committee, Festus Okoye, Monday, said no final list of candidates for the 2023 general election was released by the commission on Sunday […]

PH Refinery Rehabilitated, Production to Begin Q1 2023

The Minister of State for Petroleum Resources, Chief Timipre Sylva, says the rehabilitation of the Port Harcourt refinery has been completed and will begin production by the first quarter of 2023. Speaking Monday, at the presentation of President Muhammadu Buhari Administration Scorecard (2015 – 2023), Sylva said the plant would refine 60,000 barrels of crude […]

INEC Debunks Portal Recruitment of Ad Hoc Staff News

The Independent National Electoral Commission (INEC) has Debunked the news making rounds that the commission has opened a portal for the recruitment of Ad hoc staff for the 2023 general election. The Chief Press Secretary to INEC Chairman, Rotimi Oyekanmi described the recruitment for the 2023 elections as “a thing of the past” – while […]

Insecurity: Pres. Buhari Approves Deployment of Advanced Technology

President Muhammadu Buhari has approved the deployment of advanced technology to tackle insecurity in the southeast region.  Imo State Governor, Hope Uzodinma who disclosed this on Tuesday, after a meeting with President Buhari at the presidential villa, Abuja explained that the approval followed his request to President Buhari to deploy the high tech surveillance equipment […]

Pres Buhari Signs 2023 Budget

President Muhammadu Buhari has signed the 2023 Budget of N21.83 trillion along with the 2022 Supplementary Appropriation Bill into law. Speaking yesterday at the signing of the eighth and final annual budget of this Administration, in Abuja, the President said the aggregate expenditures of N21.83 trillion, is an increase of N1.32 trillion over the initial […]

CBN Announces New Cash Withdrawal Limits, Following Naira Redesign

The Central Bank of Nigeria (CBN) has announced a new cash withdrawal limit. The apex bank announced the new regulation in a letter to all Deposit Money Banks (DMBs) and other Financial Institutions, with the regulatory directives taking effect nationwide from January 9, 2023. The letter dated December 6, 2022, and signed by the CBN […]