Nigeria is planning to give cash handouts to the poor, that may cost the government 2.4 trillion naira a year ($5.8 billion) in a bid to replace fuel subsides. The government will give 5,000 naira each to as many as 40 million people every month, beginning from July when fuel subsidies end. A new petroleum…
•Activates 30-year Devt Plan for State, says sustained funding in key growth sectors to stabilise economy Trust Africa News, By Ayomide Otitoju Lagos State has earmarked huge capital expenditure in the 2022 fiscal year to service key growth areas in order to consolidate the recovery of the State’s economy and positively transform residents’ livelihoods. In…
•Commend Sanwo-Olu for instituting tribunal of inquiry Trust Africa News, By Ayomide Otitoju North-West governors on Wednesday paid a condolence visit to Governor Babajide Sanwo-Olu over the Gerrard Road, Ikoyi building collapse, which killed over forty persons few weeks ago. The Governors also sympathised with the people of the State and families of those who…
More than seven years in prison and then likely deportation is the fate of a Nigerian citizen who with his wife admitted laundering nearly $1.9 million obtained by making false pleas for money on social media. Jabin Godspower Okpako, 36, of Sayre, was sentenced Tuesday by U.S. Middle District Judge Matthew W. Brann to 7…
•Seeks partnership with Norway, Sweden, Denmark, Finland •We’ll partner LASG in circular economy, human development, others – Nordic ministers Trust Africa News, By Ayomide Otitoju Lagos State Governor, Mr. Babajide Sanwo-Olu, on Tuesday, said the State is set to harness the potential of its landmass and face challenges headlong with innovative solutions as a 21st…
Former Minister of Aviation, FemiFani-Kayode, has been arrested by the Economic and Financial Crimes Commission in Lagos. Fani-Kayode was said to be under investigation for alleged forgery and manipulation of documents. Our correspondent learnt that the ex-minister, who rejoined the All Progressives Congress in September, was brought to the Lagos Zonal Office of the anti-graft…
Osun State Commissioner of Police, Wale Olokode, on Monday said one of the suspects held in connection with the death of Timothy Adegoke, a Masters student of Obafemi Awolowo University, Ile-Ife, had confessed that son of the owner of Hiltons Hotels and Resorts, Ile-Ife, Roheem Adedoyin, arranged how the corpse was evacuated and taken to…
Two Nigerian fraudsters arrested in DOJ’s Operation reWired have been sentenced to a combined 22 ½ years in federal prison, announced acting U.S. Attorney Chad E. Meacham. Opeyemi Abidemi Adeoso, 46, pleaded guilty in June of 2020 to 17 counts of wire fraud, eight counts of money laundering, six counts of use of a false…
The ignoble attempt by the authorities to cover up the October 20, 2020 slaughtering of unarmed #EndSARS protesters at the Lekki toll plaza in Lagos was recently exposed in the report of the Lagos State Judicial Panel of Inquiry on Restitution for Victims of SARS Related Abuses submitted to Governor Babajide Sanwo-Olu, but which has…
