In a collaborative effort between the Economic and Financial Crimes Commission (EFCC) and a Joint Task Force (JTF) comprising teams from the Nigeria Police Force and Nigeria Customs Service, a significant crackdown on currency racketeering unfolded in Enugu State. The operation, conducted on Wednesday, February 21, 2024, resulted in the arrest of 115 individuals suspected…
Trade Union Congress Opts Out of Nationwide Protest The Trade Union Congress (TUC) has recently announced its decision to abstain from joining the impending nationwide protest, as urged by the Nigeria Labour Congress (NLC). This significant development has emerged against a backdrop of mounting apprehensions surrounding soaring living expenses, inflationary pressures, and prevailing security threats…
In a surprising development today in Benin, Edo state, the Nigerian Police have arrested Julius Abure, the national chairman of the Labour Party, on charges of attempted murder. The circumstances surrounding his arrest remain unclear, but speculation suggests a link to the ongoing internal strife within the party. Julius Abure’s tenure as the chairman has…
Minister of Finance: Government Initiatives for Economic Relief The federal government of Nigeria has announced plans to reintroduce direct cash transfers to 12 million Nigerians as part of its efforts to alleviate economic hardship. Wale Edun, the Minister of Finance and Coordinating Minister for the Economy, revealed this initiative during the Ministry’s retreat in Uyo,…
In a significant move towards creations of state police in Nigeria, a proposed bill to amend the 1999 Constitution has gained traction in the House of Representatives. The bill, titled “A Proposal to Amend the 1999 Constitution of Nigeria to Allow for the Formation of State Police and Associated Issues,” spearheaded by Benjamin Kalu, the…
Federal government In a concerted effort to tackle the incessant rise in cement prices across Nigeria, recently convened a high-level meeting with key stakeholders in the cement manufacturing industry. Chaired by the Honourable Minister of Works, His Excellency, Sen. Engr. Nweze David Umahi GON, and co-hosted by the Honourable Minister of Industry, Trade and Investment,…
Crackdown on Unethical Practices: NAFDAC and PCN Close 1,321 Patent Medicine Stores in Kano In a concerted effort to overhaul the pharmaceutical landscape and curb unethical practices, the National Agency for Food and Drug Administration and Control (NAFDAC) and the Pharmacist Council of Nigeria (PCN) have joined forces in a sweeping operation. On Monday, their…
The Abuja Electricity Distribution Company (AEDC) has announced its intention to disconnect barracks and 84 government agencies over their accumulated debt of more than N47.1 billion. This decision, outlined in a notice of disconnection issued on Monday, underscores the severity of the financial strain faced by the distribution company due to unpaid bills. Among the…
Anticipation of Supply-Demand Imbalance The Chairman of the Cement Producers’ Association of Nigeria (CEPAN), Prince David Iweta, has highlighted the association’s proactive stance in anticipating the current imbalance between cement supply and demand in the country. In his recent statement, Prince Iweta reiterated that the association had previously alerted the Federal Government about the potential…
The police authorities have reiterated their firm stance against any form of violence during the forthcoming two-day organized labor demonstration aimed at protesting the challenging living conditions and soaring cost of living in the country. The warning, issued on Sunday, comes amidst rising concerns over potential disorder during the protests. Concerns Over Social Instability Echoed…
