NewsReports

• Economic hardship pushing Nigeria to the brink, PDP BoT tells Tinubu• Reps to beam searchlight on usage of over N6tr FAAC allocation to states, councils in 2023• Inflation: Devise ways to review workers’ salaries every year – NLC  As the rising cost of food drags many Nigerians into meltdown, the Federal Government yesterday, raised hopes of a relief as it said it …

Vulnerable persons get top priority Ogun okays N5b intervention fund The Federal Government’s effort to resolve the food crisis intensified yesterday.  To reduce the high cost of food, it ordered the immediate release and distribution of 42,000 metric tonnes of grains from strategic reserves. According to the Federal Government, the grains will be given free nationwide to the needy and …

Northern traditional rulers and the Nigerian Bar Association on Wednesday decried the hardship in the country precipitated by the fuel subsidy removal which had resulted in higher transport costs and food inflation. The traditional rulers and the NBA asked the Federal Government to quickly address the situation just as President Bola Tinubu will on Thursday (today) hold a closed-door meeting …

It is no news that many economies, including Nigeria, are currently experiencing inflation. In reality the last few months have been eventful, chiefly due to the inflationary pressure. Its impact has continued to have a severe impact on businesses, households, and cost of living. Even though inflation is a concept that affects all of us; but most importantly high inflation could …

President Bola Tinubu departs Abuja today for Addis Ababa, the Ethiopian capital, to participate in the 37th Ordinary Session of the Assembly of the African Union (AU) Heads of State and Government. According to the Nation, a statement by his Special Adviser on Media and Public, Ajuri Ngelale, reads: “President Bola Tinubu will, on Thursday, February 15, depart Abuja for …

The Nigerian Bar Association (NBA) has criticised the federal government’s bilateral agreement with the United Kingdom, allowing English lawyers to practise in Nigeria. On Tuesday, Nigeria and the UK formalised a new trade agreement to boost trade and investment between both countries. Called the Enhanced Trade and Investment Partnership (ETIP), the agreement is also expected to unlock new opportunities for UK and …

The National Working Committee (NWC) of the Labour Party (LP) has suspended the party’s National Treasurer Oluchi Opara for asking the National Chairman, Julius Abure, to account for N3.5 billion party funds. According to report by the Nation, the party’s National Publicity Secretary Obiora Ifoh announced this while addressing reporters at the LP secretariat on Wednesday in Abuja. Opara had, on Monday, …

A group of 60 lawmakers has initiated a move to end the current presidential system and revert to the parliamentary system previously used in Nigeria’s First Republic. The group, known as the Parliamentary Group, introduced a constitution alteration bill on the floor of the House of Representatives on Wednesday, setting in motion what could be a transition to a parliamentary system …

Kansas City, Mo. (AP) — Eight children were among 22 people hit by gunfire in a shooting at the end of Wednesday’s parade to celebrate the Kansas City Chiefs’ Super Bowl win, authorities said, as terrified fans ran for cover and yet another high-profile public event was marred by gun violence. One person was killed, a mother of two identified …

The Senate on Wednesday constituted a 45-member committee to review and amend Nigeria’s Constitution. The Senate President, Godswill Akpabio, announced the composition of the committee during the plenary. He said the committee will be chaired by the Deputy Senate President, Barau Jibrin, while the Senate Leader, Opeyemi Bamidele, will be the deputy chairman. Mr Akpabio explained that the 1999 constitution needs a …