FGN

How the new students loan will be disbursed: Alake, Adejo The Students Loans Bill signed into Law by President Bola Tinubu on Monday, will boost the educational pursuit of the youths across the country. Mr Dele Alake, a member of Tinubu’s strategy team said this on Monday at the end of the signing at the Presidential Villa, Abuja. Tinubu signed the bill in fulfilment of his campaign promise to make loans available to Nigerian students. Alake said students who will enjoy the loan facility must show evidence of being indigent. The law would allow indigent students in tertiary institutions to…

Democracy Day: Tinubu hails MKO Abiola, promises to ease subsidy removal pains President Bola Tinubu, on Monday, hailed the winner of the June 12, 1993 presidential election, Chief MKO Abiola. He described the late businessman who died in suspicious circumstances after his election was annulled by the late Gen Sani Abacha, as the symbol of democracy. Tinubu, who acknowledged the hardship being faced by Nigerians in the aftermath of the fuel subsidy removal, said his administration will “reward” their sacrifices with “massive investment” in transportation infrastructure, education, regular power supply, healthcare, and other public utilities that will improve their quality…

DEMOCRACY DAY- KALU ADVOCATES DEMORACTIC VIRTUES Former Governor of Abia State and Chief Whip of the Senate, Dr. Orji Kalu has called on the political class to make the welfare of Nigerians a top priority in the policy thrust of the government.The former Governor urged Nigerians at home and abroad to support the new administration of President Bola Tinubu, adding that the All Progressives Congress (APC) is determined to repostion the country for the betterment of the people.Kalu cautioned politicians against divisive utterances and campaignof calumny, stressing that the unity of Nigeria is non-negotiable.In his democracy day message, the former…

Emefiele In DSS Custody After Suspension By Tinubu President Bola Ahmed Tinubu has suspended Godwin Emefiele, the embattled governor of the Central Bank of Nigeria (CBN). It was learnt that officials of State Security Service (SSS) have also arrested him. Credible sources around the presidency and the intelligence community said Emefiele was suspended because of many reasons, among them his recent role in naira swap and cashless policy that mopped up the entire money in circulation in the country, which nearly truncated the conduct of the 2023 general elections. Tinubu had, at the height of electioneering, said the naira policy…

PDP’s G5 Reveal Why They Met Tinubu at Aso Rock The G5 group, a faction of the opposition Peoples Democratic Party (PDP), paid a visit to President Bola Ahmed Tinubu yesterday. AttNews reports that Governor Seyi Makinde of Oyo State spoke on behalf of the G5 members after a closed-door meeting with President Tinubu at his office in the Aso Rock Presidential Villa, Abuja. Accompanying him were former governors Nyesom Wike of Rivers, Okezie Ikpeazu of Abia, Ifeanyi Ugwuwanyi of Enugu, and Samuel Ortom of Benue State. During an interview, Governor Makinde shed light on the purpose behind their visit,…

10th NASS: Otti meets LP Senators-elect, Reps-elect on choice of Candidates …….We will take decision on Friday - Abure Abia Governor, Dr Alex Otti, Thursday, met with the national assembly members-elect on the platform of the Labour Party (LP) to take a decision on which candidates to support for the incoming leadership. In his brief opening remarks, Otti said he came for a meeting with President Ahmed Bola Tinubu and later decided to interact with them as one family. He enjoined the members-elect to work for the people who elected them and ensure that the dividends of democracy were delivered…

Tinubu Govt Plans Earn-as-you-work Pay Policy For Workers The Federal Government has designed a National Pay Policy (NPP) to check arbitrariness in the workplace and to ensure appropriate remuneration for Nigerian workers. The Chairman and Chief Executive Officer of the National Salaries Incomes and Wages Commission (NSIWC), Ekpo Nta, made this known on Wednesday in Abuja. Speaking with Daily Sun, Nta said the policy will calculate the number of hours a worker spends in the office and the quality of work done which will determine salary payment. He said: “What it entails is that when people are working in any…

Tinubu took the right decision to have removed fuel subsidy - Peter Obi Peter Obi, Labour Party’s presidential candidate in the last presidential election in Nigeria has backed President Bola Tinubu on fuel subsidy removal. Tinubu, in his inaugural speech on 29 May, 2023 openly said ‘fuel subsidy is gone.’ Two days after that, the prices of petroleum product was hiked to between N488 and N555. Speaking on Tuesday after attending the ongoing case he instituted against Tinubu at the presidential tribunal, Obi said Judicial correspondents ambushed him at the entrance of the court and demanded that he should talk…

NASS Summons CBN Governor, Malami, Others Over Missing 48million Crude Oil Barrels, N32billion Payments The House of Representatives committee investigating the allegedly missing 48million barrels of crude oil has summoned the Governor of the Central Bank of Nigeria, (CBN), Godwin Emefiele, to explain the missing N32.5billion, said to have been paid to two companies - Messrs GSCL Consulting and Biz Plus without formal documentation. The lawmakers also summoned the Attorney-General of the Federation and Minister of Justice (AGF), Abubakar Malami, the Accountant General of the Federation, Oluwatoyin Madein, the Auditor General of the Federation, Adolphus Aghughu, the Managing Directors of…