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Friday, 19 August 2022 07:39

FG and ASUU have been in talks to end the 6 months strike that shut down public universities. Here’s the one key issue that remains unresolved

Academic Staff Union of Universities on Thursday said it would not call off its strike until the salary arrears of its members were paid. The university lecturers also said they would not teach students to make up for the six months they had been on strike if the Federal Government failed to pay for the “period of strike.” The union’s national president, Emmanuel Osodeke, disclosed this in response to a statement by Minister of Education, Adamu Adamu, that the Federal Government would not concede to ASUU’s demands for the backlog of salaries withheld within the period. Other associations such as…

Friday, 19 August 2022 07:36

FG directs Telcos, payment platforms, others to stop providing service to digital lenders under investigation

The Federal Competition and Consumer Protection Commission (FCCPC) has directed telecommunication companies to desist from providing connectivity services to digital lenders that are under investigation. Babatunde Irukera, chief executive officer, FCCPC, said this in a statement on Thursday during an enforcement exercise in Lagos. FCCPC said it has ordered payment service firms to stop providing transaction services to such lenders under the commissions’ radar or those not adjudged to be unlicensed. “The commission has ordered all operating payment systems, including Flutterwave, OPay, Paystack and Monify, to immediately cease and desist providing payment or transaction services to lenders under investigation or…

Friday, 19 August 2022 07:35

FG spends N18.39bn daily on petrol subsidy - Minister

Zainab Ahmed, minister of finance minister, budget and national planning, says Nigeria spends N18.39 billion daily on petrol subsidy petrol payments. Subsidy or under-recovery is the shortfall for the underpriced sales of premium motor spirit (PMS), also known as petrol. The minister spoke on Thursday during an inquiry by the house of representatives committee investigating petroleum products for subsidy regime from 2013 to 2022. Zainab was grilled over funding of subsidy payments by the federal government. “For 2023, the projection is that the average daily truck-out will be N64.96 million per day; that is about 65 million per day, using…

Friday, 19 August 2022 07:31

What to know after Day 177 of Russia-Ukraine war

The U.N. chief and the presidents of Turkey and Ukraine discussed ways to end the war started by Russia and secure Europe's largest nuclear power station, as Russia and Ukraine traded accusations of new shelling near the plant. DIPLOMACY * The U.N.'s Guterres said after talks in Lviv, Ukraine, that he was gravely concerned by circumstances at the Russian-occupied Zaporizhzhia nuclear plant and called for military equipment and personnel to be withdrawn. * The Russian foreign ministry has rejected a proposal by Guterres to demilitarise the area. * The United States is preparing about $800 million of additional military aid…

Thursday, 18 August 2022 05:59

Electricity workers suspend strike that caused nationwide blackout

Workers at the Transmission Company of Nigeria (TCN) have suspended a strike that began on Wednesday and caused a nationwide blackout, a workers union official said after a meeting with the government. The grid capacity dropped to zero by 5:00 p.m. (1600 GMT) from 4,100 megawatts (MW) early on Wednesday, according to TCN. By 9:50 p.m. (20:50 GMT) capacity was at just 35 MW. The National Union of Electricity Employees (NUEE) general secretary Joe Ajaero told Reuters the union would suspend the strike for two weeks after a meeting with TCN management and the minister of power. "A committee chaired…

Thursday, 18 August 2022 05:56

What to know after Day 176 of Russia-Ukraine war

Ukrainian forces said on Thursday they had beaten back a Russian attack in the southern region of Kherson, while shelling by Kremlin forces in Kharkiv in Ukraine's north killed seven people as the near six-month war grinds on with no let up in fighting. U.N. Secretary-General Antonio Guterres will meet Ukrainian President Volodymyr Zelenskiy and Turkish President Tayyip Erdogan later on Thursday in the western Ukrainian city of Lviv. They will discuss finding a political solution to the conflict with Russia and address the threat to global food supplies and risk of a disaster at Europe's largest nuclear power plant,…

Wednesday, 17 August 2022 06:22

Buhari inaugurates Dangote-led Council on malaria elimination

President Muhammadu Buhari has declared that elimination of malaria would save Nigeria an estimated N687 billion in 2022 and N2 trillion by 2030. He made the declaration, yesterday, in Abuja at the inauguration of Nigeria End Malaria Council (NEMC), projecting that successful implementation of the council’s agenda would save the country from the economic burden of the disease. According to a statement by Special Adviser to the President on Media and Publicity, Femi Adesina, Buhari told the 16-member council, headed by the Founder and President of Dangote Group, Aliko Dangote, that beyond improving the quality of life, health and well-being…

Wednesday, 17 August 2022 06:21

Buhari appoints coordinator for National Counter Terrorism Centre

PRESS RELEASE President Muhammadu Buhari has approved the appointment of Yaminu Ehinomen Musa, a retired Rear Admiral, as the pioneer Coordinator of the National Counter Terrorism Centre (NCTC). NCTC is established in the Office of the National Security Adviser (ONSA) as the coordinating body for the harmonization of all counter terrorism and terrorism financing efforts in the country. The NCTC is equally charged with the coordination of counter terrorism policies, strategies, plans and support in the performance of the functions of the National Security Adviser (NSA), as provided in the Terrorism (Prevention and Prohibition) Act 2022. Before his appointment, Musa…

Wednesday, 17 August 2022 06:16

What to know after Day 175 of Russia-Ukraine war

Russia blamed sabotage for explosions at one of its military bases in Moscow-annexed Crimea while Kyiv hinted it was responsible as Ukrainian officials said their strategy was to destroy supply lines supporting Russia's invasion. FIGHTING * Russia's blame of saboteurs for orchestrating explosions at an ammunition depot in Crimea is a rare admission that armed groups loyal to Ukraine are damaging military logistics and supply lines on territory it controls. * Plumes of black smoke were seen at a Russian military air base near the settlement of Hvardiyske in the centre of Russian-controlled Crimea, Russia's Kommersant newspaper reported. * Reuters…

Tuesday, 16 August 2022 05:30

One million Nigerians to join rank of the extremely poor as inflation hits 17-year high

The consumer price index (CPI), which measures the rate of change in prices of goods and services, surged to 19.64 percent in July 2022, up from 18.60 percent in the previous month. The rate is the highest recorded since September 2005. National Bureau of Statistics (NBS) said this on Monday in its consumer price index (CPI) report for July 2022. The figure is also 2.27 percent points higher compared to the rate recorded in July 2021, which was 17.38 percent. The development means that the headline inflation rate increased in July 2022 compared to the same month in the previous…

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Tuesday, 16 August 2022 05:28

Shell says it discharged oil into Ogoni community to ‘flush’ facility

Shell Petroleum Development Company has discharged five barrels of crude oil from its Trans Niger Pipeline into Bodo community in Gokana Local Government Area of Rivers State, following an operational failure. This was contained in a report of a Joint Investigation Visit (JIV) signed by the host community, the National Oil Spill Detection and Response Agency, SPDC, and the Rivers State Ministry of Environment. According to the JIV report, the TNP operated by Shell discharged 98 per cent water and 2 per cent crude into Bodo, due to the ongoing flushing of the pipeline with residual crude oil of about…

Tuesday, 16 August 2022 05:23

What to know after Day 174 of Russia-Ukraine war

Ukraine called for new sanctions on Russia and highlighted the consequences of catastrophe at Europe's biggest nuclear plant, where fresh shelling nearby has renewed a blame game between both sides. The world nuclear watchdog has said the world risks a disaster if the fighting does not stop. Ukrainian and Russian-installed officials have traded accusations over who is responsible for attacks close to the Zaporizhzhia nuclear plant in southern Ukraine. Ukrainian President Volodymyr Zelenskiy has warned Russian soldiers that if they attack the site in the now Russian-controlled city of Enerhodar, or use it as a base to shoot from, then…

Monday, 15 August 2022 07:05

IGP orders more police protection for schools, hospitals to forestall terrorist attacks

Usman Baba, the inspector-general of police (IGP), has ordered officers to ensure “watertight” security around critical infrastructure as part of efforts to prevent attacks. The IGP’s directive was announced in a statement issued on Sunday by Olumuyiwa Adejobi, spokesman of the Nigeria Police Force (NPF). According to the statement, schools, hospitals would be among places prioritised. Adejobi added that regular raids and patrols would also be carried out in strategic areas across the country. “The Inspector-General of Police, IGP Usman Alkali Baba, has ordered the deployment of water-tight security arrangements to cover all schools, hospitals, health workers, and critical national…

Monday, 15 August 2022 07:04

Buhari is God’s whip to punish Nigerians - Yemi Farounbi

Yemi Farounbi, former ambassador to the Philippines, says President Muhammadu Buhari is God’s punishment imposed on Nigerians. Farounbi said this on Saturday while featuring on a weekly radio show, Ayekooto on Splash 105.5FM. He said Nigerians were warned about the past history of Buhari and how he imprisoned many politicians. “In 2014/2015 when we were campaigning when Nigerians decided to accept the campaign of once chance, they were warned of the past history of Muhammadu Buhari and how he imprisoned many politicians including Obafemi Awolowo,” he said. “God is a wonderful being. He decided to use Buhari to punish Nigerians…

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