News Flash

Jul
05
2024
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By Abia ThinkTank
Dangote, Elumelu, Rewane Enlisted As Tinubu Inaugurates Economic Team

Dangote, Elumelu, Rewane Enlisted As Tinubu Inaugurates Economic Team

Economy, FGN, News Flash
Dangote, Elumelu, Rewane Enlisted As Tinubu Inaugurates Economic Team President Bola Tinubu on Thursday inaugurated the Presidential Economic Coordination Council (PECC) tasked with strategising a way out of the current economic situation in the country. The Council has a mix of government officials, top private sector players, and consultants including President of the Dangote Industries Limited, Mr Aliko Dangote; Chairman of the United Bank of Africa, Mr Tony Elumelu; and Chief Executive Officer of the Financial Derivatives Company Limited, Bismarck Rewane. Briefing State House Correspondents after the Inauguration of the Council, Minister of Finance and Coordinating Minister of the Economy,…
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Jul
05
2024
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By Abia ThinkTank
My Phone Detected 277 Guns Around Senate Chamber – Jimoh Ibrahim

My Phone Detected 277 Guns Around Senate Chamber – Jimoh Ibrahim

National Assembly, News Flash, Security
My Phone Detected 277 Guns Around Senate Chamber – Jimoh Ibrahim Jimoh Ibrahim has advocated the need for technology in the fight against insecurity, claiming that some installations on his phone detected over 277 guns around the Senate chamber. Senator Jimoh spoke on the floor of the Senate on Wednesday while contributing to a motion raised by Senator Ali Ndume of Borno South over the recent bombings in the North-East state. “I don’t want to take much of your time but I will say clearly it costs nothing for the intelligent army to get devices in their phone to know…
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Jul
05
2024
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By Abia ThinkTank
FGN Imposes 7.5% VAT On Cryptocurrency Transactions

FGN Imposes 7.5% VAT On Cryptocurrency Transactions

Economy, CBN/Commercial Banking, FGN, News Flash
FG Imposes 7.5% VAT On Cryptocurrency Transactions The Federal Government has imposed a 7.5 percent Value Added Tax(VAT) on cryptocurrency transactions. This development was made known after KuCoin; a cryptocurrency exchange, says it will commence collection of the transaction fees for users in Nigeria. In a statement on July 3, the cryptocurrency platform said the deduction of the VAT would commence from July 8 and that for every trade, the 7.5 percent VAT will be applied to the transaction fee — not the total transaction amount. According to KuCoin, if a user buys $1,000 worth of bitcoin with a 0.1…
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Jul
05
2024
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By Abia ThinkTank
Governor Gives Condition For Payment Of New Minimum Wage

Governor Gives Condition For Payment Of New Minimum Wage

Economy, Columns/Opinions/Letters, Labour, News Flash
Governor Gives Condition For Payment Of New Minimum Wage The Ekiti State governor, Biodun Oyebanji, has said that no governor is against approval of a living wage for workers in Nigeria. Oyebanji said the Nigeria Governors’ Forum (NGF) was only clamouring for fiscal federalism that would culminate in the ability and capability of individual states to pay. Speaking in Ado-Ekiti on Wednesday, during the Seventh Quadrennial Delegates’ Conference of the Association of Senior Civil Servants of Nigeria, Oyebanji said no state wanted to downsize its workforce. He added that each state was interested in determining what it could afford that…
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Jul
05
2024
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By Abia ThinkTank
Frustrations As DisCos Further Jerk Up Tarriff For Band A Customers

Frustrations As DisCos Further Jerk Up Tarriff For Band A Customers

Business, News Flash, Power & Energy
Lamentations As DisCos Further Jerk Up Tariff For Band A Customers Electricity Customers have expressed frustration following announcements by Distribution Companies on a further increase in the price of tariff for Band A customers. Trouble started after public notices obtained from some of the utility firms on Wednesday, revealed that the tariff has been increased from ₦206.80 to ₦209.50kW/h. The Eko Electricity Distribution Company (EKEDC) in a notice on its official X handle, @EKEDP seen by Channels Television, said the new tariff takes effect from July 1, 2024. “Dear Valued Customer, Kindly be informed that there has been an upward…
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Jul
05
2024
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By Abia ThinkTank
Many Feared Dead As 2-Storey Building Collapses In Anambra Market

Many Feared Dead As 2-Storey Building Collapses In Anambra Market

Mishap, News Flash, South East
Many Feared Dead As Two-storey Building Collapses In Anambra Market A building collapse at Eke Amawbia Market in Awka, Anambra State, has left many feared dead. The incident occurred around noon on Thursday, causing widespread panic in the area. Eyewitnesses reported that the two-storey shop building suddenly crumbled, burying numerous vegetable traders beneath the debris. As of press time, one person has been rescued and rushed to Amawbia Maternity Home for urgent medical attention. However, many more are believed to be trapped inside the wreckage. A large contingent of police officers has arrived at the scene to coordinate rescue efforts…
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Jul
05
2024
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By Abia ThinkTank
‘Out Law On Same Sex Marriage Supersedes’ – FGN Finally Speaks On Signing Samoa Agreement

‘Out Law On Same Sex Marriage Supersedes’ – FGN Finally Speaks On Signing Samoa Agreement

FGN, Love & Life, News Flash, Politics
‘Our Law On Same S£x Marriage Supersedes’ – FG Finally Speaks On Signing Samoa Agreement The Federal Government has confirmed signing Samoa agreement, saying the law on same sex marriage supersedes the agreement. The agreement reportedly has some clauses that compel underdeveloped and developing nations to support the agitations by Lesbian, Gay, Bisexual, and Transgender (LGBT) community for recognition, as condition for getting financial and other supports from advanced societies. Named after the Pacific Island Samoa, where it was signed, the agreement is gradually gaining traction, despite opposition by many countries that cherish Islamic and Christianity values, in addition to…
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Jul
05
2024
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By Abia ThinkTank
Senators Ike Nwachukwu And Mao Ohuabunwa, Others Inaugurated As Chancellors Of Nigerian Universities

Senators Ike Nwachukwu And Mao Ohuabunwa, Others Inaugurated As Chancellors Of Nigerian Universities

Abia State, Abia North, Education, FGN, News Flash
Governing Councils of Universities inaugurated July 4th, 2024 The newly constituted Nigerian Universities Governing Councils was formally inaugurated yesterday. Prominent among the Chancellors that were inaugurated are our own Distinguished Sen. Mao Arukwe Ohuabunwa KSC PHD and Senator General Ike Nwachukwu. Senator Mao has already assumed office as the chairman Governing Board & Pro Chancellor of the University of Port Harcour By this appointment, it is evident that Senator Mao and Senator General Ike Nwachukwu are imbued with capacity, integrity, abilities and sound leadership quality. They have surely proved these qualities over the years and the testimony is clearly seen…
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Jul
05
2024
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By Abia ThinkTank
Ezeudo (Dr) Agwu Emele Agwu, PhD; Enyimba Of Ohafia Bids Farewell To Udumaeze Ohafia

Ezeudo (Dr) Agwu Emele Agwu, PhD; Enyimba Of Ohafia Bids Farewell To Udumaeze Ohafia

Abia North, Abia State, Culture, News Flash, Obituary
Ezeudo (Dr) Agwu Emele Agwu, PhD. Enyimba of Ohafia Bids Farewell To Udumaeze Ohafia. As His Royal ParamountcyEzie OhamaohaEbiri Of Elu OhafiaChairman Ohafia Council Of Monarch.Udumeze of Ohafia Ancient Kingdom Abia State, Nigeria will be laid to rest on the 6th of July, 2024; Ezeudo (Dr) Agwu Emele Agwu, PhD. Enyimba of Ohafia Urge Ohafians to come out in large numbers to give his Royal Paramountcy Udumeze Prof. E. U. L. Imaga a befitting burial rights and ceremony in a very peaceful atmosphere. Ezeudo (Dr) Agwu Emele Agwu, PhD. Enyimba of Ohafia further called on the people of Ohafia Udumeze…
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Jul
04
2024
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By Abia ThinkTank
Gov Otti Commissions Federal Govt Multipurpose Hospital In ABIA, Commends FG And Sets-Up A Facility Management Team To Ensure And Sustain Standard

Gov Otti Commissions Federal Govt Multipurpose Hospital In ABIA, Commends FG And Sets-Up A Facility Management Team To Ensure And Sustain Standard

Abia State, FGN, Good Governance, Health, News Flash
GOVERNOR ALEX OTTI COMMISSIONS FEDERAL GOVERNMENT MULTIPURPOSE HOSPITAL IN ABIA, COMMENDS FG AND SETS-UP A FACILITY MANAGEMENT TEAM TO ENSURE AND SUSTAIN STANDARD. The Executive Governor of Abia State, His Excellency Dr Alex Otti on Wednesday 3rd July, commissioned a Federal Government built and equipped multipurpose hospital in Ugwunagbo Local Government Area of Abia State. The hospital with State of the art equipment was built by the Federal Government in line with the Sustainable Development Goals (SDG-3) Speaking during the commissioning, the Governor maintained that quality, accessible and efficient health sector eco-system is a priority in his administration’s strategy to…
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