The Transmission Company of Nigeria (TCN) says the national grid has been fully restored after Monday’s fire incident at the Afam power generating station in Rivers. TCN’s General Manager, Public Affairs, Mrs Ndidi Mbah, stated in Abuja that the fire caused a partial disturbance of the grid. “At about 2:41 a.m., fire erupted at the…
Nigeria’s inflation rate jumped to 33.20% in March 2024 compared to February 2024 headline inflation rate which was 31.70%. This was contained in report released by the National Bureau of Statistics (NBS)’s Consumer Price Index (CPI) on Monday. NBS said, “Looking at the movement, the March 2024 headline inflation rate showed an increase of 1.50%…
The Federal Competition and Consumer Protection Commission (FCCPC) has warned Nigerians against arbitrary increase in prices of goods and services, saying it violates existing laws. The FCCPC warned that stemming practices are like price gouging and conspiracy to manipulate supply and will lead the commission to invoke section 17(s) of the Federal Competition and Consumer…
There is noticeable absent of rent control or regulations in Federal Capital Territory (FCT), Abuja, Nigeria’s nation’s capital. Findings by our Reporter show that governments’ attitude towards affordable housing for citizens and residents of the FCT has been half-hearted if anything at all. Consequently, a huge gap is created and this leaves the rent seeking…
The National Institute for Cancer Research and Treatment (NICRAT) says is working towards establishing a preventive clinic for cancer in each of the six geopolitical zones of the country. The Director General of the institute, Prof. Usman Malami Aliyu, announced this at the weekend in Abuja during a one-day retreat for health journalists organised by…
The Federal Government through the Minister of Power, Adebayo Adelabu has appealed to members of the National Union of Electricity Employees not to down tools over the recent electricity tariff hike. The Minister has urged the union not to withdraw its members from work as this would ground services. This was disclosed during an interview,…
In light of recent drowning incidents, the Lagos State government has issued a stern warning against overloading of boats and emphasized the necessity of passengers wearing life jackets while traveling on waterways within the state. The caution was given by the Commissioner for Information and Strategy, Gbenga Omotosho, during an interview with newsmen, on Sunday….
The Economic and Financial Crimes Commission (EFCC) said its operatives have recovered $445,000 and N3bn as part of their ongoing investigations into corruption within the Ministry of Humanitarian Affairs. Dele Oyewale, the spokesman for the EFCC, made this known in a statement, titled “Beta Edu and other Matters: For the Purpose of Clarity. Oyewale revealed…
The National Union of Electricity Employees (NUEE) has asked the federal government to withdrawal the new increase of tariff, saying it will push the price of goods upwards and affect the poor. In a letter to the Minister of Power, NUEE described the increase as absurd for a country already facing steep increases in prices…
The Nigeria Labour Congress (NLC) has requested for a new minimum wage of N615,000 in order to help workers better handle the economic challenges and rising cost of living. The President of NLC, Joe Ajaero, verified the information to Channels Television on Sunday. He said, “After discussions between the NLC and TUC, a monthly wage…
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