Author: Vreporters
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FG, States Propose Cost of Living, Petrol Allowances For Nigerian Workers
The Nation Newspaper Fed Govt, states propose palliatives to cushion effects of petrol subsidy withdrawal’ The National Economic Council (NEC) yesterday considered two forms of palliatives for workers and vulnerable persons to cushion the effects of petrol subsidy removal. The proposals are “living cost allowance” of over N702 billion and “petroleum allowance” ranging from N23.5…
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100-level OAU Student Commits Suicide, Management Reacts
A 100-level student of Obafemi Awolowo University, Ile-Ife, Osun state, Salako Treasure was reported to have killed herself by consuming a substance suspected of sniper. The deceased said to be of the Department of Entrepreneur, was found dead inside an uncompleted building around the Lagere area of the town on Wednesday evening with a bottle…
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President Tinubu Approves Appointment of 8 Special Advisers
President Bola Ahmed Tinubu has approved the appointment of eight Special Advisers. The announcement was contained in a statement released on Thursday by Abiodun Oladunjoye, Director Information, State House. According to the statement, the new presidential advisers are: Mr. Dele AlakeSpecial Adviser, Special Duties, Communications and Strategy Mr. Yau DarazoSpecial Adviser, Political and Intergovernmental Affairs…
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Abdulkarim Chukkol Takes Over as Acting EFCC’s Chairman
Following the suspension of the Chairman of the Economic and Financial Crimes Commission, Abdulrasheed Bawa, the Director of Operations at the agency, Abdulkarim Chukkol, is expected to take over in acting capacity. Daily Trust had reported that President Bola Tinubu ordered the embattled anti-graft czar to stepped aside pending the conclusion of an investigation against…
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Suspended EFCC’s Chairman Recent Ordeal
Daily Trust President Bola Ahmed Tinubu last night approved the indefinite suspension of the Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, to allow for “proper investigation into his conduct while in office.” Immediately after the suspension, the Department of State Services (DSS) invited Bawa for interrogation. It was learnt that he…
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Nigeria Air: EFCC Summons Hadi Sirika
ThisDay The Economic and Financial Crimes Commission (EFCC) has summoned the former Minister of Aviation, Hadi Sirika, to appear before the commission. The anti-graft agency had also questioned officials of the Nigerian Air over the recent launch of the airline in Abuja. THISDAY gathered that while the minister was due to appear before the commission…
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Currency floating: Private sector, economists back CBN as naira falls to 664/$
Punch Newspaper The Central Bank of Nigeria has directed Deposit Money Banks to remove the rate cap on the naira at the official Investors and Exporters’ Window of the foreign exchange market, to allow for a free float of the national currency against the dollar and other global currencies. This came barely two weeks after…
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Students’ Loan: FG To Introduce Tuition Fees In Varsities
The federal government is set to introduce tuition fees in federal universities, polytechnics and other tertiary institutions following the signing of the Student Loan Bill by President Bola Ahmed Tinubu, Daily Trust reports. The bill, which is now an act of parliament was signed on Monday, a development widely celebrated in many quarters without understanding…
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How Student Loan Will Send Undergraduates Out of School – ASUU President
The Academic Staff Union of Universities, ASUU said the Student Loan Bill, which President Bola Tinubu signed into law has the potential of sending many undergraduates out of school. ASUU President, Prof. Emmanuel Osodeke stated this while speaking with newsmen on Wednesday. Recall that, on Monday, the President signed the bill, describing the law as…
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Tinubu Suspends EFCC Chairman, Bawa (Full Report)
President Bola Tinubu has approved the indefinite suspension from office of the Chairman of the Economic and Financial Crimes Commission (EFCC), AbdulRasheed Bawa, to allow for proper investigation into his conduct while in office. According to a statement by the Director of Information at the Office of the Secretary to the Government of the Federation,…