We’ll reduce livestock products importation with National Dairy Policy

As Nigerians continue to depend heavily on importation of various goods and services, the Federal Government, Tuesday, assured that livestock products importation will be reduced with implementation of the National Dairy Policy including other issues affecting the industry. The assurance was given by the Permanent Secretary, Federal Ministry Agriculture and Rural Development, Dr Ernest Umakhihe, in an opening remark while …

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Gov Akeredolu dragged to EFCC

By Abdul Babajide  The Peoples Democratic Party, PDP, Ondo State chapter has revealed that action has began towards petitioning the Economic and Financial Crimes Commission, EFCC, over alleged looting of the State by Governor Oluwarotimi Akeredolu and his family. While revealing the eight proxy companies allegedly used by Akeredolu’s family, particularly his wife, Betty and his son, Babajide, the PDP …

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ADEDUNTAN: FIRSTBANK IS RESILIENT, STABLE AND BUILT FOR THE LONG HAUL

The Managing Director/Chief Executive Officer of First Bank Nigeria Limited, Dr. Adesola Adeduntan, last year saw his tenure extended as part of efforts to ensure the stability of the financial institution. In this interview with THISDAY, he speaks about the intervention of the Central Bank of Nigeria, the future of the bank, trends that shaped the economy in 2021, his …

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Video: Widows, traders appeal to Gov Sanwo-Olu over ‘illegal’ demolition of Lagos market

Widows and traders of Oluwagbebe market, Marina, Lagos State, have appealed to Governor Babajide Sanwo-Olu to intervene in what they termed ‘illegal’ demolition and attempt by some persons to take possession of the market.  In the early hours of Sunday, 26 December, 2021, a group of persons were said to have invaded the market and demolished some stores in an …

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Consumers paid N565bn for electricity in 9 months ―NERC

By Obas Esiedesa – Abuja Electricity consumers across Nigeria paid N565.16 billion for energy consumed in the first nine months of 2021, the latest data from the Nigeria Electricity Regulatory Commission (NERC) has shown. The data released by NERC on Wednesday showed that the amount collected by electricity distribution companies (DisCos) was 34.02 per cent higher than the N372.92 billion …

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Ogun Assembly passes 2022 budget

The Ogun State House of Assembly has passed the 2022 appropriation bill as presented by Governor Dapo Abiodun barely a month ago. Gov Abiodun had on November 30 presented the 2022 appropriation bill of N350.74 billion to the Assembly. On Wednesday, the lawmakers, at a session presided over by the Speaker, Olakunle Oluomo, passed N350,735 billion, while adjusting some recurrent …

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Breaking: Lagos Assembly Passes N1.758trn Budget For 2022

The Lagos State House of Assembly on Wednesday evening passed the Y2022 budget estimate with a slight increase of the grand total from the initial N1.38 trillion to N1.758 trillion. The budget was passed at a sitting presided over by the Speaker of the House, Rt. Hon. (Dr) Mudashiru Obasa, after a presentation of the report by Hon. Gbolahan Yishawu, …

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FG to shut down illegal money lenders violating consumer rights

Federal Competition and Consumer Protection Commission (FCCPC) has said the joint committee tackling violation of consumer rights in the money lending industry will shut down illegal businesses.  Babatunde Irukera, the chief executive officer of FCCPC, disclosed this in Abuja, yesterday. He said the committee would commence operation soon. The joint committee is made up of representatives from FCCPC, Central Bank of …

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Manpower can cause organ damage, sudden death —NAFDAC

The National Agency for Food and Drug Administration and Control has warned that the use of sexual enhancement drugs to impress partners can lead to stroke or sudden death. The regulatory agency gave the warning in a statement on Sunday, saying most of the products did not go through its approval process. The Director-General, NAFDAC, Prof. Mojisola Adeyeye, said, “The …

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6,300 Flights Cancelled As Omicron Hits Christmas Weekend Travel

More than 6,000 flights have been cancelled worldwide over the long Christmas weekend and thousands more were delayed, according to a tracking website, as the highly infectious Omicron variant brings holiday hurt to millions. Compounding the travel chaos in the United States, severe weather in the country’s west is wreaking havoc on roadways and other routes there, although it may …

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