Nigeria imported 20.30bn litres of petrol in 2023 – NBS

NBS on petrol

The National Bureau of Statistics, (NBS), has said 20.30 billion litres of Premium Motor Spirit, also known as petrol, was imported in 2023. The NBS, which stated this in its ‘Petroleum Products Distribution Statistics for 2023’, released in Abuja yesterday, said the figure of 20.30 billion litres of PMS reported in 2023 amounted to a decrease of 13.77- compared to the 23.54 billion litres recorded in 2022. For Automotive Gas Oil also known as diesel, the report said that 4.94bn litres were imported in 2023. “This indicated a 23. 66…

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Rivers: “My only offence is refusing to share States’ money to individuals” – Gov. Fubara

Fubara

Rivers State governor, Sir Siminalayi Fubara, has declared that the only offence he committed against those fighting his administration in the state was his refusal to share State-owned resources to individuals. Fubara made the declaration in Port Harcourt on Moday, while speaking at the official commissioning of the headquarters of a political pressure group, the Simplicity Movement (SM). SM, which has presence in the 23 local government areas of the state, was founded by the governorship candidate of the National Rescue Movement (NRM) in the 2023 general election in the…

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Nigeria@64: Obi seeks independence from State capture, end to suffering

Obi seeks

Labour Party Presidential candidate in the 2023 polls, Peter Obi, had urged Nigerians to seek a true independent Nation free from state Capture and end the unprecedented hardship and suffering. Writing his Independent Day message on his X handle yesterday, the former Anambra State Governor said, “On this day, we must make a sober commitment to build a nation truly independent from the present state capture that has held it down in failure and has kept the people suffering. “On every measure of development, from the critical areas to every…

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Independence Day: “We’re hungry” – Nigerians chant in protest

Nigerians chant on independence

In an Independence Day protest, Nigerians hit the streets in Abuja and Lagos, chanting, “We are hungry”. In Abuja and Lagos, hordes of protesters venting displeasure over the cost of living hit the streets as Nigeria marked its 64th Independence Day yesterday. The protesters chanted slogans that read: “What are you saying? We are hungry”, as they walked through the streets in Abuja. Similarly, in Lagos, protesters held placards lamenting economic hardships in the country. “Place all politicians on minimum wage,” “reverse electricity tariff”, inscriptions on their placards read.This followed…

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Constitution Review: Northern Senators oppose return to regionalism

Northern Senators

….”Doctrine of Necessity/Referendum the only way out” – Renewed Kaduna Restoration Group Senators from the northern part of Nigeria have vehemently opposed agitation for the return to regional system of government. The Northern Senators rejected calls for a return to a regional government system two-day retreat organised by the Senate Committee on Constitution Review, in collaboration with the Policy and Legal Advocacy Centre (PLAC) in Kano, citing its failure to benefit the region in the past. Speaking to newsmen on the sideline of the event, some of the lawmakers from…

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Tinubu’s Ministers, agencies spend N1.8bn on air travel

Several ministries and agencies under the present administration of President Bola Tinubu, have spent no less than N1.8bn on air tickets, estacodes, and duty tour allowances between July and September 2024. According to data sourced from GovSpend., some of the ministries and agencies include the Federal Ministries of Finance, Police Affairs, Youth Development, Women Affairs, Marine and Blue Economy, Office of the Auditor-General of the Federation, the Office of the Secretary to the Government of the Federation. Others include the Technical Aid Corps, Ministries of Communications and Digital Economy, Petroleum…

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‘CBN’s interest rate hike’ll worsen Nigeria’s situation’ – MAN

MAN on CBN

…Says manufacturing companies operating below 30% The Manufacturers Association of Nigeria (MAN) has expressed concerns over the Central Bank of Nigeria (CBN) decision to increase the Monetary Policy Rate (MPR) from 26.75% to 27.25 percent. In an issued statement on Friday, the association said the decision has far-reaching implications for the manufacturing sector in Nigeria. MAN’s Director General, Segun Ajayi-Kadir, explained in the statement that the continued increase in interest rates, which now totals 15.75 percentage points since May 2022, would compound the challenges faced by the sector, including rising…

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“Transport fares becoming unaffordable”, FCT residents cry out

FCT residents on transport

Many residents of the Federal Capital Territory (FCT) have decried increased transport fares, which have limited their movement around the city centre. Some of the residents who spoke to newsmen, said that one of the greatest challenges they encountered was the non-availability of fuel despite its increased cost. According to them, fuel is not readily available at many filling stations, leading to artificial scarcity and panic, thus increasing the cost of transportation. They reiterated their appeal to the Federal Government and other authorities to urgently intervene, sayibg Nigerians were suffering…

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Kano: Doctors to begin strike tomorrow over unmet demands

Kano doctors

Doctors in Kano State are set to go on strike from tomorrow, October 1, following the Federal Government’s failure to meet their demands, according to the National Association of Government General and Medical Dental Practitioners. The association’s secretary, Dr. Anas Hassan, announced the decision after a meeting on Friday, highlighting that the State government had not fulfilled its promises made three months ago. Dr. Hassan said the Government has yet to pay the post-Covid-19 hazard allowance, which the federal Government settled for its workers in 2021. He also revealed that…

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FG probes NRC ticket racketeering on Abuja-Kaduna-Abuja train services

Abuja KD train service

The Federal Government has launched an investigation into allegations of ticket racketeering on the Abuja-Kaduna train services, following numerous passenger complaints. In a statement posted on X (formerly Twitter) yesterday, the Minister of Transportation, Sa’idu Alkali directed the Managing Director of the Nigerian Railway Corporation (NRC), Engineer Fidet Okhiria to establish a committee tasked with investigating the alleged issues and resolving them. In the statement, Minister Alkali acknowledged the concerns raised by passengers regarding difficulties in purchasing tickets for the Abuja-Kaduna rail service. He emphasized that the committee’s primary objective…

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