Month: February 2024

The Federal Capital Territory Administration, (FCTA) has refuted claims of raising fees in public boarding schools within the federal capital. The Secretary of Education Secretariat of FCTA, Dr. Danlami Hayyo, addressed this issue during an interview with journalists in Abuja on Thursday. This comes after Several parents alleged said that the FCT Administration had raised…

The Senate has kicked against plans by the Ministry of Power to approve the proposed hikes in electricity tariffs by distribution companies. The Senate also rejected plans to remove electricity subsidies given the present hardships in the country. The Senate then called on the government to step down the idea of an increase in electricity…

Jumoke Olasunkanmi The National Agency for Food and Drugs Administration and Control (NAFDAC) has issued a public alert regarding the sale of falsified Paracetamol Injection discovered by its Post-Marketing Surveillance unit in Abuja. According to the alert posted on the agency’s official X account on Wednesday, the falsified Paracetamol Injection was labelled as “Paracetamol Injection…

The Federal Government has said it would restart the direct disbursement of cash to 15 million households in its drive to tackle poverty. Minister of Finance and Coordinating Minister of the Economy, Wale Edun, reiterated that the government is committed to reducing inflation and lifting millions of Nigerians out of poverty. Edun spoke on Wednesday…

Ogbodo Ozioma Favour The National Labour Congress (NLC) released on X on Wednesday a designed flier depicting its scheduled protest slated for the 27th and 28th of February 2024 titled, “We no gree for hardship, increased poverty, insecurity, and anti-people economic policy”. An X user @ken_major commends their design while emphasizing that, it’s the only…

The International Monetary Fund (IMF) has warned that the exchange rate of the Naira may further fall by about 35 per cent in 2024 projection. IMF stressed that this could lead to the inflation rate peaking at 44 per cent before the monetary policy tightening could bring the situation under control. IMF disclosed this in…

The former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has accused the President of the Senate, Godswill Akpabio, of making defamatory statements against him. While making the accusations that Emefiele claims have unjustly maligned his character and portrayed him as the root cause of Nigeria’s current economic challenges, he demanded that Akpabio…

The naira on Tuesday again lost value as it plunged further at the parallel market despite the clampdown the federal government ordered on foreign exchange market speculators. The Naira is selling at the black market for N1,900/$, while the British Pound is N2,250/N, as of Tuesday, a check by Africa Health Report has revealed. A…

President Bola Tinubu’s government in Nigeria is making efforts to prevent the unauthorized release of official documents related to the operations and policies of various government entities to the public. This was made known in a press statement issued by the Head of the Civil Service of the Federation, Dr. Folasade Yemi-Esan, who addressed top…