A former Aviation Minister and chieftain of the ruling All Progressive Congress, APC, has cleared the air on the recent invitation by the Economic and Financial Crimes Commission, EFCC, saying he is not above the law and neither does joining the ruling APC gives him immunity over arrest or detention. Vanguard had earlier reported how EFCC invited the former minister and how …
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Buhari Suspends Inauguration Of NNPC Board
President Muhammadu Buhari has directed the immediate suspension of the inauguration of the newly constituted board of the Nigerian National Petroleum Company Limited (NNPC), an official has said. The inauguration was scheduled to hold on Wednesday but has now been postponed till further notice, the Secretary to the Government of the Federation, Boss Mustapha, said in a Tuesday statement. Mr Mustapha did …
Read More »W’Bank: FG, States Won’t Be Able To Pay Salaries In 2022 If Fuel Subsidy Is Retained
· Kyari: NNPC may start invoicing the federation to maintain subsidy · Finance Minister reveals plan to introduce transport grant for vulnerable Nigerians El-Rufai: Despite oil prices rising globally, there is no windfall The World Bank yesterday sounded the alarm bells to Nigeria, saying further delay in removing the fuel subsidy which had been described as a major drain and …
Read More »Int’l Centre For Yoruba Arts & Culture May Hold Key To More Inclusive, Fairer, Just Society – Osinbajo
**VP, Alaafin of Oyo headline launch of Centre in Ibadan International Centre for Yoruba Arts and Culture could become a base for how culture can help in building a more inclusive, fairer, and more just society, according to Vice President Yemi Osinbajo. Prof. Osinbajo, who was speaking this afternoon at the launch of the Centre in Ibadan, the Oyo State …
Read More »UNIBEN: We Will Support Institution To Retrieve Encroached Land, Obaseki Vows
… Receives, pledges support for new Chancellor, Prof. James Ortese Iorzua Ayatse Tor TIV Edo State Government will support the University of Benin (UNIBEN) to get its encroached land back as it will inaugurate the Committee for the Protection of Private Property (PPP) next week, Governor Godwin Obaseki assured on Tuesday. Obaseki who gave the assurance while playing host to …
Read More »ANALYSIS: Are Nigeria’s Promises To End Gas Flaring Merely Hot Air?
At the recently concluded United Nations (UN) Climate Change Conference (COP26) in Glasgow, President Muhammadu Buhari said Nigeria would cut its carbonemissions to net zero by 2060. To achieve that though, the country must curtail its pervasive gas flaring practice; and as yet, there are few signs that it has the political will to do so. Gas flaring is the burning of unwanted …
Read More »BREAKING: Reps’ Bill Finally Ends Disparity Between BSc/HND
…as NABTEB Act amendment bill passes second reading A bill seeking a perpetual end to the dichotomy between the university degrees of Bachelor’s of Arts/Science, BA/BSc and the Higher National Diplomas, HNDs awarded by polytechnics have been passed into law in the House of Representatives. Titled “A Bill for an Act to Abolish and Prohibit Dichotomy and Discrimination between First …
Read More »Nigeria To Remove Fuel Subsidy; Pay Transport Grant To ‘Poor Citizens’
The federal government will remove fuel subsidy and replace it with a monthly N5000 transport grant to poor Nigerians, the Minister of Finance, Budget and National Planning, Zainab Ahmed, has said. Speaking at the launch of the World Bank Nigeria Development Update (NDU) on Tuesday, the minister said the transport grant will target about 30 to 40 million Nigerians who make …
Read More »Buhari To Address Gas Price Hike Soon -Timipre Sylva
The Minister of State for Petroleum, Timipre Sylva, has said that the President, Major General Muhammadu Buhari (retd.), is mindful and concerned about the increased price of gas; vowing to take action to address the situation, especially as the Yuletide draws near. Sylva said this on Tuesday while addressing State House correspondents after a meeting with the President where he …
Read More »Petrol May Cost N340/litre After Subsidy Removal In 2022 — Kyari
Malam Mele Kyari, Group Managing Director and Chief Executive Officer of Nigerian National Petroleum Company Limited, has said that subsidy would have been eliminated in 2020 but certain factors prevented it. He, however, said that the law provides that by the end of February 2022, the nation should be out of the subsidy regime. He said this at the presentation …
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