Author: straightnewsng.com

It is New Year and we could not be more excited than felicitate you for your unwavering support, kind patronage and continued reads. May God elevate your status, brighten your path, glaze you with sound health, and open new windows of opportunity for you. Straightnews family wishes all fabulous New Year filled with joy, sound health, peace and prosperity and more abundant blessings in years ahead! Israel Umoh Publisher

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The Nigeria Labour Congress, Akwa Ibom State Chapter, is concerned over the attitude of the state government to renege on the implementation of what it calls ‘Workers Charter of Demand.’  The labour power house, in specific, wants the State Government to respect and consider implementation of Memorandum of Understanding (MoU) entered with the Organised Labour on the WAGE AWARD of N35,000 to state workers. The Organised Labour comprising NLC and Trade Union Congress (TUC) further called for the provision of CNG-Mass Transit Buses for the Workers, to ameliorate the sufferings of the workers due to the removal of fuel subsidy.…

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The  Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has rolled out its action plan for execution in 2024 and near term from 2024 to 2026. NUPRC plans to highlight in broad terms the regulatory approach and actions that are to be implemented by the Commission in furtherance of its mandate as the apex regulatory agency established to supervise upstream petroleum operations in Nigeria. The Regulatory Action Plan (RAP) is focused on regulatory and predictability, future licencing rounds policy and implementation, unit cost of production optimisation, automation and business process improvements for operational efficiency, promoting ease of entry and investment retention, and…

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The General Overseer of Mountain of Fire and Miracles Ministries, Dr. Daniel Olukoya said many ungodly kings in the world would receive Angelic slap in 2024. At a Crossover Service at International Headquarters, Lagos, Olukoya on Monday, Olukoya said the Year 2024 is a Year That has so much To Rejoice About and so much to worry about. Speaking on the motto for MFM Family for 2024 tagged: It’s Our Year Of Open Door and Divine Spread from Revelation 3:7, he observed ‘‘An hydra headed Year, a Troublesome Year, but it’s not beyond Spiritual Control. ‘‘What we saw in 2023 will…

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President Bola Tinubu has announced the implementation of a new national living wage to support Nigerian workers. Acknowledging the collective effort required to build a prosperous nation, he extended a call to action to all Nigerians, including political opponents, to work together for the country’s progress. See full text below: Dear Compatriots, It gives me immense joy to welcome each and every one of you – young and old- to this brand new year 2024. We must lift up our hands to Almighty God, in gratitude, for His grace and benevolence to our country and our lives in the year…

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Christmas Island in Kiribati, an island country in the central Pacific Ocean, was the first country to pop Champagne, welcoming 2024 while it was just 5 a.m. on December 31 on the East Coast of the United States and 11 a.m. UTC (Coordinated Universal Time, the global standard). On the other side of the international date line, Hawaii, American Samoa, and many of the US outlying islands will be among the last places to celebrate the new year. They’ll have to wait until Monday morning (Eastern Time) to toast 2024. In all, there are 39 different local time zones in use across the…

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Irked by allegations of genocide, South Africa has filed an application at the International Court of Justice to begin proceedings against Israel for its war against Hamas in Gaza, the ICJ confirmed. More than 21,507 people have been killed in Gaza since October 7, according to the enclave’s Hamas-controlled Health Ministry. Among the dead are at least 308 people who were sheltering in United Nations shelters, according to the United Nations Relief and Works Agency for Palestinian Refugees. Israel’s aerial bombardment and ground invasion of Gaza, in response to Hamas’ deadly terror attacks and kidnapping rampage on October 7, have…

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As the Nigerian Senate okayed Bola Tinubu’s request to borrow $ 7.8 billion and €100 million, the President has pumped up loans package of his administration.  The latest forms part of the 2022–2024 borrowing plan of the Federal Government. The request was approved after the Senate considered and adopted the report of its committee on Local and Foreign Debt during Saturday’s plenary. Tinubu had said that the Federal Executive Council under former President Muhammadu Buhari approved the loan facility on May 15, 2023, to finance health, education, infrastructure, agriculture, insecurity, and other sectors. The president added that the foreign loan…

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Akwa Ibom Governor Umo Eno last week signed the 2024 appropriation bill of N849.97 billion into law. Eno, who gave the assent during an expanded Executive Council meeting held at the Government House, Uyo, on Thursday, called for an increase in revenue generation effort. The final budget size of N849.970 billion signed into law, as passed by the Akwa Ibom House of Assembly on December 21, indicated an addition of N4.3 billion from the original sum of N845.63 billion presented by the governor. The governor stressed the need to pay greater attention to the revenue generation in the 2024 fiscal…

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Before passage of the 2024 budget into law, the Nigerian Senate on Saturday had added about N1.2 trillion to it. It increased the budget from N27.5 trillion presented by President Bola Tinubu in November to N28.7 trillion. The reason for the increment was clearly stated by the upper legislative chambers. However, the Red chamber pegged the benchmark of oil price at $77.96 per barrel of crude oil to reflect the current market values of the product in the international market. The Senators approved the oil production rate of 1.78 million barrels per day and the exchange rate of N800 to a US…

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