By Joke Kujenya THE LATEST meeting of Nigeria’s Federal Executive Council (FEC) has been concluded, spanning May 13th and 14th, 2024, with a series of far-reaching decisions aimed at bolstering Nigeria’s economy and enhancing its infrastructure. These decisions, ratified after extensive deliberations, encompass policies and projects inte...
By Jemimah Wellington, JKNMedia Reporter THE INTERNATIONAL Monetary Fund (IMF) has issued a pressing advisory to the Nigerian government, stressing the immediate necessity to eliminate what it terms ‘implicit’ subsidies on electricity and fuel. These subsidies, projected to consume three per cent of the nation’s Gross Domesti...
By Jemimah Wellington, JKNMedia Reporter LAGOS Governor Babajide Sanwo-Olu has encouraged the Nigerian Economic Summit Group (NESG) to advocate for collaboration between the public and private sectors. He made the call during the Nigerian Economic Summit 30th Anniversary Public Lecture and Founders’ Forum at the Lagos Business School, where th...
By Joke Kujenya NIGERIA’s President Bola Tinubu, today, kicked-off the African Counter-Terrorism Summit in Abuja, with backing from the United Nations Office of Counter-Terrorism (UNOCT). This critical meeting is being hosted by Nigeria’s government to bolster regional cooperation and institution-building to tackle the evolving threat of...
By Jemimah Wellington, JKNMedia Reporter THE International Press Centre (IPC) has issued a strong statement expressing its dismay over the incessant harassment of its executive director, Mr. Lanre Arogundade, by officials of the State Security Service (DSS) at the Murtala Mohammed international airport in Lagos. IPC says the latest incident oc...
By Jemimah Wellington, JKNMedia Reporter RIVERS State Governor Siminalayi Fubara has reiterated the commitment of his administration to collaborate with the Federal Government in addressing housing challenges faced by low-income earners in the state. During a courtesy visit by the management tea of Federal Housing Authority of Nigeria (FHAN), ...
By Jemimah Wellington, JKNMedia Reporter EMPHASIZING the necessity of coordinated efforts among government bodies, Senate President Godswill Akpabio stresses the need for collective commitment to enhancing the welfare of Nigerians. Addressing constituents in Ukana, Essien Udim local government area of Akwa Ibom, Akpabio expressed gratitude for...
By Ajibola Olaide, JKNMedia Reporter CONTINUING with its restructuring efforts, the Central Bank of Nigeria (CBN), has dismissed 40 staff members, primarily from the Development Finance Department (DFD), in a move that brings the total number of affected employees to 67. This decision, spearheaded by the CBN Governor Yemi Cardoso, is part of t...
By Helen Okechukwu, JKNMedia Reporter IN A bid to support vulnerable segments of its society during the challenging economic times, the Katsina State government has rolled out a comprehensive aid programme at assisting women and elderly individuals in need. Under the initiative, which was officially launched in Jibia local government area, the...
PRESIDENT Bola Tinubu led a crucial session of the Federal Executive Council (FEC) at the Presidential Villa, signaling the administration’s steadfast commitment to advancing Nigeria’s development agenda. Despite facing numerous challenges, the President noted that he and his cabinet members remain resolutely focused on driving tangible progre...
