Author: straightnewsng.com

Despite appeals from some quarters, the Nigeria Labour Congress (NLC) has completed arrangements to embark on a nationwide protest as from Wednesday. NLC President Joe Ajaero, who addressed reporters after a meeting of the Presidential Steering Committee on Palliatives at the Presidential Villa in Abuja, said the plan for a peaceful protest had not changed. The meeting adjourned till noon Tuesday to continue discussions on how to ameliorate the harsh effects of the removal of fuel subsidy. The adjournment was meant to allow all parties have time to listen to President Bola Ahmed Tinubu’s broadcast. Also read: Nationwide strike: NLC…

In an apparent effort to alleviate the sufferings of millions of Nigerians, President Bola Tinubu on Monday announced several palliative programmes to cushion the effects of the removal of fuel subsidy by his administration. The initiatives come in the wake of mounting hardship resulting from Tinubu’s inauguration day declaration that ‘fuel subsidy is gone.’ Prices of Premium Motor Spirit (PMS), or petrol, have since tripled from below N200 per litre in two months since he took office on May 29, prompting calls for protest by the Nigeria Labour Congress (NLC). Also read: Tinubu’s Speech to Nigerians The President told Nigerians…

My fellow citizens, I want to talk to you about our economy. It is important that you understand the reasons for the policy measures I have taken to combat the serious economic challenges this nation has long faced. I am not going to talk in difficult terms by dwelling on economic jargon and concepts. I will speak in plain, clear language so that you know where I stand. More importantly, so that you see and hopefully will share my vision regarding the journey to a better, more productive economy for our beloved country. For several years, I have consistently maintained…

Currency outside banks rose to N2.26 trillion at the end of June 2023, the latest figures from the Central Bank of Nigeria (CBN) show. CBN said the currency outside banks rose by 185.68 per cent (N1.47 trillion) between January 2023 (N792.18 billion) and June 2023 (N2.26 trillion). Also, currency in circulation in the country rose by 87.05 per cent (N1.21 trillion) from N1.39 trillion in January 2023 to N2.6 trillion in June 2023. It had earlier dipped by 235.03% to N982.09 billion at the end of February from N3.29 trillion at the end of October 2022, on the back of the…

Wasteful Super Falcons have zoomed into the round of 16 of the 2023 FIFA Women’s World Cup after 0-0 draw against Ireland. The Super Falcons of Nigeria recorded a 0-0 draw against Ireland in their final 2023 FIFA Women’s World Cup fixture early on Monday, July 31, 2023. The Super Falcons started up in defensive shape against Ireland, already out at the group stage. Also read: Nigeria’s hope brighter after stunning Australia 3-2 at Women’s World Cup The best chance of the first half came the way of Barcelona star Asisat Oshoala who shot wide from a ball by Uchenna…

Shehu Sani, a chieftain of the Peoples Democratic Party (PDP), has hailed Russian President, Vladimir Putin, for cancelling Africa’s debt to Russia of $23 billion. President Vladimir Putin of Russia said that Moscow has written off $23 billion debt to Africa to relieve the debt burden of African countries, during the plenary session of the Russia-Africa Summit on Friday, July 28 of the ongoing second Russia-Africa Summit 20238. Putin said that Moscow would provide an additional $90 million for such initiatives, and Russia is actively lobbying for more African representation on the UN Security Council and other UN bodies. “According…

The Nigerian  Senate has described as misdirected and uncalled for, a comment by a chieftain of the Labour Party, Professor Pat Utomi, against Senator Godswill Akpabio over planned increase of electricity tariffs in the country. A statement issued by the Chairman, Media and Publicity Committee of the Senate, Yemi Adaramodu, in Abuja on Sunday saw Utomi’s comment as misplaced, which was over the decision of the Senate to stop the planned increase of electricity tariffs which would further increase the suffering of the masses. “The Senate is alarmed at the insidious misinterpretation enunciated by some political surrealists, who always leave…

In a landmark judgment, the Federal High Court in Lagos, has ordered the Delta State Government disclose how ex-Governor Ifeanyi Okowa spent more than N200 billion on education funds and allocations. The court “ordered the disclosure of the spending details of over N200 billion public funds collected by the government of former Delta State governor Ifeanyi Okowa from the Universal Basic Education Commission [UBEC] fund and allocations from the Federation Accounts.” It also ordered the Delta State Governor Sheriff Oborevwori to “disclose details of budgetary allocations and actual spending by the Okowa government between 2015 and 2019, including specific projects…

Economic Community of West African States (ECOWAS) has given Nigerien military Junta a seven-day ultimatum to reinstate ousted President Muhammed Bazoum into office or face measures including force. This followed an extraordinary meeting of leaders of ECOWAS member-states at the State House, Abuja, to discuss the happenings in Niger Republic. While recognising Bazoum as the legitimate President of the landlocked state, the bloc also imposed land and border closures, suspending all commercial flights between Niger and ECOWAS member states. Also read:  Blinken Pledges ousted Niger Republic president US support “No more time for warning signals, it’s time for action,” said…

An Ondo State High Court in Akure, the state capital, has sentenced a man to life imprisonment for defiling his neighbour’s six-year-old daughter. Joseph Agbomu was arrested by men of the state police command after committing the act in Ijebu-Owo, Owo Local Government Area of the state. The 37-year-old farmer who was later charged to court in March 2019, however, pleaded not guilty to the charge. The prosecutor said the offence contravenes Sections 375, 378 of the Ondo State Criminal Code, 2006. In his judgment, Justice Yemi Fasanmi held that the prosecution proved the case of rape against the convict…