Month: July 2024

By Nwaorgu Faustinus     The Director General and Chief Executive of the National Oil Spill Detection and Response Agency (NOSDRA), Engr. Chukwuemeka Woke has underscored the importance of reducing gas flaring in Nigeria, as according to him, “The persistent practice of gas flaring has marred the breathtaking landscape of Nigeria’s abundant natural resources. It serves as a symbol of the missed prospects for harnessing energy, fostering economic growth, and preserving the environment. The well-documented environmental and health ramifications of gas flaring have far-reaching effects, deteriorating air quality, and public…

The Tinubu Media Support Group (TMSG) has described the one – off windfall tax policy on profits made by banks on foreign exchange revaluation by President Bola Tinubu administration as a product of ingenuity and creativity.   TMSG which made this assertion said that only a creative mind like President Bola Tinubu could come up with this innovation of one-off windfall tax on profits made by banks from foreign exchange revaluation of 2023.   In a statement signed by its Chairman Emeka Nwankpa and Secretary Dapo Okubanjo, the group added…

The President Bola Tinubu-led Nigerian government has announced a slash of 12.7% in allowances for Nigerians on scholarship abroad who are currently stranded in Russia, Morocco, Algeria, China, Hungary, among other countries.   The slash was announced through the Federal Ministry of Education, and it was attributed to the adjustment to current economic crises in Nigeria.   The students who are beneficiaries of the Nigerian government’s Bilateral Educational Agreement Scholarship aimed at fostering educational exchange, have reportedly been experiencing unpaid stipends for the past eight months.   The scholarship is…

The Federal Government has disbursed over N438 billion to 34 states and the Federal Capital Territory (FCT) under the Nigeria Community Action for Resilience and Economic Stimulus (NG-CARES) Programme.   According to the Information and Communication Officer of the Federal CARES Support Unit (FCSU), Malam Suleiman Odapu in a press statement, the disbursements were determined by the results achieved by the states and FCT during the third Independent Verification Agency (IVA) assessment conducted in January 2024.   This substantial reimbursement aims to bolster state governments and the FCT in mitigating…

Renowned human rights lawyer, Femi Falana, SAN, has said no amount of threats can stop the planned nationwide protest over the harsh economic climate in the country. SaharaReporters had reported how Nigerians had been planning to storm major roads nationwide from August 1, 2024, to August 10, 2024, to demand better governance. President Bola Tinubu had also urged Nigerians to cancel the #EndBadGovernanceInNigeria protests, telling them to wait for the government’s response to their complaints. The National Orientation Agency, the Nigeria Police Force, and the House of Representatives have all…