Aregbesola raises concern over growing wealth disparity In Nigeria

Aregbesola raises concern

Former Osun State governor and immediate-past Interior Minister, Ra’uf Aregbesola, has expressed deep concern over the widening  country’s wealth gap, warning that it poses serious risks. Speaking on Nigeria’s economic climate at the ‘National Dialogue on Home-grown Parliamentary System’ on Monday, in Abuja, Aregbesola bemoaned how economic inequality has worsened over the years. He said wealth is now concentrated in the hands of a few, leading to significant hardship for many citizens, a development that contrasted sharply with his formative years when wealth was more evenly-distributed. According to Aregbesola, fewer…

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“?angote Refinery shouldn’t sell at int’l market price since production cost is now N600/litre” -  PETROAN

PETROAN on ?angote Refinery

Owing to these developments, Dr Joseph maintained that ?angote should also consider selling his refined product below the market price to ease the current hardships in Nigeria.  The Petroleum Products Retail Outlets Owners Association of Nigeria, (PETROAN), has claimed that the ?angote Refinery is wrong for insisting their products will be sold at market price.  Speaking when he appeared on a radio station yesterday, the PETROAN’s National PRO, Dr. Joseph Obele, said the cost of production of petrol was now below N600 per litre.  According to him, this was because…

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“Kidnapping, farmers extortion aggravating food insecurity in Nigeria” – All Farmers association 

AFAN decries farmers extortion

The All Farmers Association of Nigeria, (AFAN), has stated that food shortages will persist across the country due to on-going kidnappings, killings of farmers, and the occupation of farmlands. The association also expressed serious concerns over large-scale extortion of farmers at increasing numbers of illegal checkpoints in parts of the country. AFAN’s National vice-president, Chief Daniel Okafor, spoke to newsmen at the 46th Regular Meeting of the National Council on Agriculture and Food Security in Calabar, Cross River State. He called on the federal government to implement the outcomes of…

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Kano Citizens petition EFCC to investigate US-owned Arewa24 TV over alleged financial crimes

The Kano Concerned Citizens Initiative (KCCI) has officially petitioned the Economic and Financial Crimes Commission (EFCC) to investigate Arewa24 TV, a US-owned TV channel operating in Nigeria, on allegations of severe economic and financial misconduct. In a statement issued yesterday, signed by KCCI spokesperson, Sayeedi Umar Ahmed, KCCI accused the television network of engaging in tax evasion, capital flight, money-laundering, and other sharp practices that reportedly violate Nigerian laws. According to the petition, KCCI claims that Arewa24 TV has been conducting its media and advertising business in Nigeria illegally, thereby…

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‘Manufacturers on Band-A power facing serious trouble’ – MAN

MAN on Band A power

The Manufacturers Power Development Company Limited, a firm founded under the Manufacturers Association of Nigeria, (MAN), has said that current energy costs in the country are unsustainable for manufacturing firms, especially those receiving electricity in the Band-A category. To tackle this, the firm revealed that it now provides 10 companies with sustainable energy solutions as part of its effort to bridge the energy gap nationwide. The Acting Managing Director of MPDCL, Oweh Mba-Sam, who disclosed this in Lagos, said working with the 10 companies was the first stage of a…

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IPMAN, ?angote reach agreement for direct lifting of petrol, diesel

IPMAN boss, Abubakar Garima3

The Independent Petroleum Marketers Association of Nigeria, (IPMAN), has secured an agreement with ?angote Refinery to lift products directly. IPMAN’s National President, Abubakar Garima, announced this in Abuja yesterday, after a meeting of the National Working Committee of the association. He said the partnership will ensure steady, and affordable supply of PMS products nationwide. According to Girima, after meeting with Aliko ?angote and his management team in Lagos, “we’re pleased to announce that ?angote Refinery has agreed to supply IPMAN with PMS, AGO, and DPK directly for distribution to our…

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Akpabio raises alarm over increasingly complex national security challenges

Akpabio raises alarm

Senate President, Godswill Akpabio expressed concern yesterday about the evolving complexities of Nigeria’s national security landscape. Speaking at the 2024 Defence Advisers and Attachés Conference in Abuja, Akpabio, represented by Defence Minister Badaru Abubakar, said, “We have witnessed events that challenge the stability and core of our nationhood”. The Senate President underscored the critical role of intelligence in guiding leadership to protect citizens and advance national interests. “As Defence Attachés, Advisers, and Officers overseeing state security, our internal challenges now require proactive measures. We must leverage experience to anticipate threats…

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Tinubu, in S’Arabia, backs 2-State solution in Gaza; demands end to Israeli aggression

Tinubu in S'Arabia

President Bola Tinubu has called for an end to Israeli aggression in Gaza. Tinubu, in Riyadh, Saudi Arabia, warned that “empty condemnations” are not enough to end the conflict in Palestine, which, he said, “has persisted for far too long.” The Nigerian leader made this argument at the extraordinary Arab-Islamic Summit, convened to address the current situation in the Middle-East. The one-day summit was a follow-up to the Riyadh summit of 2023 and was attended by Heads of State and Government from the Organisation of Islamic Cooperation, (OIC), and the…

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Kwara: “Workers without residency number won’t get Nov. salary, bonus” – Govt.

Kwara workers

Kwara State Government has said public sector workers without valid Kwara State Residents Registration Agency, (KWSRRA), numbers will not receive salary or bonuses for November 2024.  In an issued statement yesterday, signed by the Press Secretary, Ministry of Finance, Babatunde AbdulRasheed, the government said the  KWSRRA is empowered by law to have relevant data of every resident in the State and allocate unique identities to each person for effective planning, resource management, service delivery, and public safety, among others. The statement said, “In line with the administration’s commitment to accountability…

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“Kemi Badenoch a vile, cunning, dangerous and willing tool of colonialists”– Fani-Kayode 

Fani Kayode on Badenoch

Former Minister of Aviation, Femi Fani-Kayode, has described the newly-elected leader of the British Conservative Party, Kemi Badenoch as a dangerous and willing tool of colonialists. In a lengthy post on his X handle on Sunday, infuriated Fani-Kayode said she had the impudence to describe Nigeria, her country of origin, as a “living hell”. The ex-Minister said Kemi deserves to be tarred and feathered for the sort of things she says about Nigeria. He alleged that the British opposition leader might be suffering from a disease known as “Stockholm syndrome”.…

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