NDDC submits N1.911tn 2024 Budget Proposal to the Senate

Managing Director of the Commission, Samuel Ogbuku, declared this on Monday during the presentation of the NDDC budget estimates for 2024 tagged ‘Budget of Renewed Hope Agenda’, before the Senate Committee on NDDC chaired by Senator Asuquo Ekpenyong. Ogbuku pegged the proposed revenue brought forward at N12 billion. The arrears owed by the Federal Government…

Read More

NNPCL denies alleged inflated fuel subsidy payments

The Nigerian National Petroleum Company Limited has refuted media reports alleging that it inflated the fuel subsidy payments by N3.3 trillion. A report claimed that a forensic audit conducted by a global accounting firm, KPMG, had uncovered a significant discrepancy in the fuel subsidy claims made by the national oil company. According to a report…

Read More

BREAKING: Sanwo-Olu emerges South West Govs’ forum chairman

The Governor of Lagos State, Mr Babajide Sanwo-Olu, has been elected as the Chairman of the South West Governors’ Forum. Sanwo-Olu’s election took place during a closed-door meeting in Lagos on Monday, which was attended by all six governors from the South West states.He succeeded the late Ondo State governor Oluwarotimi Akeredolu who served as…

Read More

Minimum wage: Labour, FG Negotiations hits another dead end

The negotiations over the national minimum wage hit another obstacle after the Federal Government’s negotiating team raised its offer by N2,000, bringing it to N62,000. On the other hand, organized labor lowered the amount they demanded to N250,000. The state governors declared that they could not afford to pay even the N60,000 minimum wage proposed…

Read More

Drug Intake Likely cause of Mohbad’s Death – Autopsy

An autopsy conducted on the body of late singer, Ilerioluwa Oladimeji Aloba, known professionally as MohBad, at Lagos State University Teaching Hospital (LASUTH), has revealed findings suggesting the possible cause of his death. while the exact cause of death remains uncertain, there is speculation about a potential drug reaction based on limited post-mortem and toxicology…

Read More

EFCC Arrests Suspected Fraudsters At Ondo ‘Yahoo’ Party

A statement posted on the official X handle of the commission said the alleged internet fraudsters were arrested on Saturday morning at a “Yahoo Party” held simultaneously at Signature and Abah Clubs in Akure, the state capital. “Credible intelligence showed that the alleged party was initially scheduled for Wednesday, June 5, 2024 but was later…

Read More