The Nigerian National Petroleum Company (NNPC) Limited says it deducted N448.78 billion in July to cater for subsidy payments. The company said in its monthly presentation to the federation account allocation committee (FAAC) meeting on August 24th, 2022. The figures showed that the country has paid N2.04 trillion to offset subsidy payments in the 7-month…
Mohammed Adoke, former attorney-general of the federation (AGF), says Iyorchia Ayu, national chairman of the Peoples Democratic Party (PDP), does not show he is interested in the party’s victory in next year’s elections. The PDP chieftain said this in a statement issued on Friday. Amid the calls for his resignation, Ayu recently made some comments…
Vice-President Yemi Osinbajo has asked developed countries to “forgive” some of the debts owed to them by African nations as a way to advance climate projects in the continent. Osinbajo said this on Thursday during a lecture on a just and equitable energy transition for Africa at the Center for Global Development in Washington D.C.,…
Ahead of the 2023 general election, stakeholders of the Small and Medium-sized Enterprises in Nasarawa State have declared their support for the Labour Party’s presidential candidate, Peter Obi. Speaking in Lafia on Friday during the inauguration ceremony of the State Executives of Coalition of North and South SME owners for Obi, the National Convener of…
South African President Cyril Ramaphosa and United States President Joe Biden will meet on September 16, the White House has announced. Thursday’s announcement comes as the administration looks to draw African nations closer to the US at a time when South Africa and many of its neighbours have staked out neutral ground on Russia’s invasion…
Hundreds of Lufthansa flights have been cancelled as pilots stage a one-day strike to press their demands for better pay and conditions at Germany’s biggest carrier. The airline said about 800 flights were grounded at its two biggest hubs, Frankfurt and Munich, on Friday due to the walkout. More than 100,000 passengers would be affected,…
Chinese authorities locked down Chengdu, a southwestern city of 21 million people, following a spike in COVID-19 cases. Photos of empty supermarket shelves and Chengdu residents scrambling to hoard groceries went viral on social media with the order given only six hours before taking effect.China is the last large economy wedded to a zero-COVID policy,…
Rhodes-Vivour stated this shortly after he received his Certificate of Return, CoR, as the governorship candidate of the party from the National Chairman, Julius Abure, in Ikeja, on Tuesday. The issuance of the CoR by the national leadership has put to rest, controversies over who was the authentic candidate as well as the authentic State…
Lagos State Governor, Mr Babajide Sanwo-Olu on Tuesday, August 30, 2022, reiterated that his government would commit more resources to ensure that all out-of-school children are returned to school immediately. The Governor gave this assurance at the opening session of the 2022 Lagos State Education Summit, with the theme: ‘Creating a Sustainable Fit-for-Purpose Education Model.Sanwo-Olu…
