Tag: FG
NELFUND Clarifies Delay in August Stipend Disbursement
The Nigerian Education Loan Fund (NELFUND) has issued a statement addressing the delay in the disbursement of the August stipends to students. In a press release dated September 12, 2024, NELFUND attributed the delay to ongoing payment processing, which includes conducting essential security checks to protect public funds. Mrs. Oseyemi Oluwatuyi, Director of Corporate Communications…
Dangote Refinery Agrees to Sell Crude and Buy Fuel in Naira Amid Potential Losses
In a bold move aimed at supporting Nigeria’s economy, Aliko Dangote, Africa’s richest man and owner of the Dangote Refinery, has agreed to the federal government’s proposal to sell crude oil in naira and buy fuel in the local currency, despite the likelihood of incurring significant financial losses. The Vice President of Dangote Group, Edwin…
Federal Government Allocates N47.5 Billion to Upgrade 50 Senior Secondary Schools Nationwide
Koton Karfe, Kogi State — The Federal Government has allocated N47.5 billion for the initial phase of upgrading 50 selected senior secondary schools across the country. This announcement was made by Dr. Iyela Ajayi, the Executive Secretary of the National Senior Secondary Education Commission (NSSEC), during the groundbreaking ceremony at Government Science Secondary School (GSSC)…
CDS Vows to Capture Infamous Bandit Bello Turji Soon
The Chief of Defence Staff (CDS), General Christopher Musa, has assured Nigerians that the notorious bandit leader Bello Turji will soon be apprehended by the military. Speaking to reporters after the Security Chiefs’ meeting at Defence Headquarters in Abuja, General Musa emphasized that Turji’s days of terror are numbered. “We are going to get him,…
Flood Crisis: President Tinubu Dispatches VP Shettima to Maiduguri as City Faces Severe Flooding
President Bola Tinubu has directed Vice President Kashim Shettima to urgently travel to Maiduguri, Borno State, to assess and respond to the devastating flood that has overtaken the city. The order came as heavy rains and the collapse of a spillway at Alau Dam have caused severe flooding across Maiduguri, displacing residents and affecting key…
Details Emerge on Why NLC President Ajaero Was Arrested, Detained by DSS
The Department of State Services (DSS) has shed light on the reasons behind the recent arrest and detention of the Nigeria Labour Congress (NLC) President, Comrade Joe Ajaero. According to sources within the agency, Ajaero was detained after failing to honour an official invitation extended to him by the DSS, which was related to a…
FG Bows to Pressure as DSS Releases NLC President from Detention
The Federal Government has yielded to pressure following the release of Comrade Joe Ajaero, the President of the National Labour Congress (NLC), from the custody of the Department of State Services (DSS). Ajaero’s release came after mounting pleas, threats, and protests from the NLC, who condemned his detention as unjust and vowed to take further…
Chief Ajuri Ngelale Takes Indefinite Leave to Address Family Medical Issues
Chief Ajuri Ngelale, Special Adviser to President Bola Tinubu on Media and Publicity, has announced that he will be taking an indefinite leave of absence to focus on pressing personal medical matters affecting his family. In a statement released today, Ngelale explained his decision to step away from his duties following consultations with his family…
“We Must Take Hard Decisions to Pave the Way for a Better Future” – President Tinubu Hails ‘Very Successful’ China Visit
Beijing, China — President Bola Tinubu has described his official visit to China as “very good and successful,” emphasizing the strong strides made in strengthening cooperation in infrastructure, trade, finance, energy, green economy, and mining. Speaking to members of the Nigerians in Diaspora Organization (NIDO) and the Nigerian community in China on Friday at the…
NNPC Clarifies PMS Price Fluctuations Amid Forex Challenges
Abuja, Nigeria – The Nigerian National Petroleum Company Limited (NNPC Ltd.) has clarified that the recent fluctuations in the price of Premium Motor Spirit (PMS), commonly known as petrol, are primarily due to foreign exchange (forex) illiquidity, as well as the influence of free market forces, in line with provisions of the Petroleum Industry Act…