Author: straightnewsng.com

Akwa Ibom, Bayelsa, Delta, Taraba are among the 14 states are in dire straits, struggling to fund their 2023 budgets, pay salaries, pensions and gratuities without receiving funds from the Federal Account Allocation Committee (FAAC),  BudgIT reported. Of the 14 out of Nigeria’s 36 states rely on FAAC for at least 70 percent of their total revenue, according to BudgIT. The report shows that Bayelsa’s Gross FAAC revenue for 2023 was N347,893,968,276.01 (Three hundred and forty-seven billion, eight hundred and ninety-three million, nine hundred and  and sixty-eight thousand, two hundred seventy-six naira), while its total revenue for the same year was…

By Straightnews Are you a poultry farmer looking for a secure and vast area to invest in Nigeria? Are you looking for a place to invest your hard-earned money to get bumper Return On Investment within a reasonable period of time? Then, you should not be searching any more as  a 21st Century Technology-Driven Ultra Modern and Secure Integrated Poultry Farm located in Port Harcourt, Rivers State is ready for Sale. This Nigeria’s No. 1 Agric-Tech Platform boasts of 24-hour Electricity and occupies six Hectares fully fenced. In terms of its Investment Opportunity, the Integrated Poultry Farm offers a unique…

A flour-loaded truck that was allegedly being pursued by some soldiers has killed three persons including a lawyer in Utu Etim Ekpo, the headquarters of Etim Ekpo Local Government Area, Akwa Ibom State. Gideon Uwa, the Chairman of Etim Ekpo Local Government Area, stated this in a statement posted on Facebook on Tuesday, suggesting that the accident may have occurred in the early hours of Tuesday. “Up till about 2 a.m. today, Tuesday, 12 November 2024, I was at the scene of a fatal crash involving a trailer and motorists at Etim Ekpo Roundabout, which resulted in the unfortunate loss…

By Straightnews Many netizens have expressed anger over the attitude of a teenager who engaged in 3exual orgy with six men for financial inducement. Daisy Melanin, the Ghanaian set internet on fire when six hefty men covering their faces took turns to have 3ex escapades with her in n a  38-minute video. The video is currently trending on different social media platforms. The 17-year-old Ghanaian revealed that she was paid $30k approximately ₦49 million to sleep with the six guys. Also read:  Equatorial Guinea Businessman involved in 400 3extapes scandal Quizzed According to her, she used the money to buy…

By Agency Report Bitcoin, the world’s leading cryptocurrency, hit an all-time high, surging past $80,000 gamble on Sunday, November 10.  This followed Republican candidate Donald Trump’s decisive victory in the U.S. presidential election on December 6 as Trump vowed to make the United States “the crypto capital of the planet”  and allowing supporters to contribute via Bitcoin, Ether, and Dogecoin. On Wednesday, Bitcoin surpassed the $75,000 mark, coinciding with Trump’s election win, driving optimism and momentum in the cryptocurrency market. Related news Bitcoin flies past $70000 in history  Bitcoin, Other Cryptocurrencies Soar to 20-month High  Bitcoin Crashes Below $23,000 In…

By Agency Report The Nigeria Labour Congress (NLC) has told Governors to implement new Minimum Wage  before December 1, 2024, directing its members in affected states to commence an indefinite strike if they fail to do so. The directive is part of the resolutions of the NLC after its National Executive Council (NEC) meeting at the weekend. Though the 36 state governors under the aegis of the Nigeria Governors’ Forum (NGF) had reiterated their commitment to the rollout of an implementable national minimum wage, no fewer than 15 states have pegged the amount they would pay to their workers. “The…

Aniefiok Christopher  Motorists, business owners and residents of Ikpa Road, Udoette, Uko Eshiet and adjoining streets linking Uyo with Itu Local Government Area have decried the deplorable state of roads in the area, calling on the State Government for urgent intervention. The community members raised the concern recently when our correspondent visited the area, alleging that the area hosting the University of Uyo Town Campus all the way to the popular Etaha Itam Market and the Central Motor Park has long been neglected by successive administrations in the state. Speaking on the state of roads, a native of Ikot Abasi…

Agency Report Nigerian music stars Rema, Tems, Asake, and Davido have received nominations for the 2025 Grammy Awards. The Recording Academy announced the nominations on Friday during a live broadcast,  presenting a star-studded lineup of artists, albums, and songs competing for honours at the 67th annual ceremony. Scheduled for 2 February at Crypto.com Arena in Los Angeles, the event will celebrate recordings released between 16 September 2023 and 30 August 2024. The nominations were unveiled by a lineup of presenters including Hayley Williams, Billie Joe Armstrong, Gayle King, Kirk Franklin, Kylie Minogue, and Victoria Monet. Rema and Tems were nominated…

Power distribution companies in Nigeria have raised price for various electricity prepaid meter models to 28 per cent, marking the second price hike in four months. Consequently, power consumers in Nigeria have kicked against the development, describing it as “wicked”, considering the current economic hardship nationwide. According to the Discos, the cost of a single-phase meter has risen from approximately N117,000 to as much as N149,800. This amount indicates an increase of 28.03 per cent or N32,800, depending on the distribution company and meter vendor. Related news Labour To Picket NERC, DisCos Offices Over Electricity Tariff Hike  DisCos triple electricity…

Agency Report No fewer than 133.1 Nigerians would face a global hunger crisis in 2025, according to the Cadre Harmonisé report on Food and Nutrition Insecurity analysis . The Food and Agriculture Organization, FAO, in a statement, said the report was prepared by the federal government and supported by partners, such as the World Food Programme, WFP, and the United Nations Children’s Emergency Fund, UNICEF, among others. The statement read: “The food and nutrition insecurity analysis, Cadre Harmonisé, led by the government of Nigeria and supported by partners, alerts on the deterioration of food security in Nigeria, with 133.1 million…