Federal Universities Gain Control Over Research Funds

The federal government has issued a pivotal directive, exempting third-party research grant funds from the Treasury Single Account (TSA). The National Universities Commission (NUC) disclosed this decision in a letter dated 4th September 2024, which was made available to the media on Monday in Abuja. This policy change allows Federal Universities and Research Institutes to…

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VAT Remains 7.5%, FG Reaffirms

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, on Monday, debunked reports doing the rounds that the rate for Value-Added Tax (VAT) has been upwardly adjusted to 10 per cent from 7.5 per cent. The Minister, in a statement signed by him, affirmed that the VAT rate as contained in relevant…

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Frustrations as Nigerians Search for N40,000 Rice Sales Points Days after Launch

Nigerians in the Federal Capital Territory FCT anticipating buying the federal government’s hardship intervention rice at N40,000 per 50kg bag have expressed frustrations locating the sales points. The initiative to offer hungry Nigerians subsidised rice was officially launched by the Federal Government last week. Africa Health Report AHR, checks show that at the public launch,…

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Flood Havoc Worsens

In the latest catastrophe to strike Nigeria, relentless flooding has wreaked havoc across the country, claiming nearly 200 lives and displacing thousands from their homes. This disaster, which has battered 29 of Nigeria’s 36 states, not only underscores the critical issues of infrastructure and disaster preparedness but also raises grave concerns about the nation’s food…

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NDLEA Uncovers Cocaine, Opioids Hidden in Sanitary Pads, Hair Cream Containers

In a series of strategic operations targeting drug shipments, the National Drug Law Enforcement Agency (NDLEA) has seized substantial quantities of cocaine and pharmaceutical opioids hidden in everyday items such as sanitary pads and hair cream containers. The agency’s actions, carried out at various courier companies in Lagos, foiled attempts to smuggle the narcotics to…

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