Fccpc Cracks Down On Inflation: Traders Given One-Month Ultimatum To Reduce Prices Of Goods In Nigeria

FCCPC Cracks Down on Inflation: Traders Given One-Month Ultimatum to Reduce Prices of Goods in Nigeria

The (FCCPC) Federal Competition and Consumer Protection Commission has issued a stern warning to traders, giving them a one-month deadline to reduce the prices of goods. This move is aimed at curbing inflation and protecting consumers from exploitation, as the Commission has expressed concern over the persistent increase in prices despite stability in foreign exchange…

Continue reading
Peter Obi Criticizes Presidency For Diverting Attention With Us Election Comparisons

Peter Obi Warns Nigeria Risks Becoming a Banana Republic Amid Journalistic Harassment

In a sharp critique of the Nigerian government’s handling of press freedom, Peter Obi, the 2023 presidential candidate of the Labour Party, has voiced grave concerns over the continuous harassment of journalists in the country. Obi, a former governor of Anambra State, emphasized that the federal government’s increasing use of security and intelligence agencies to…

Continue reading
Togo And Benin Owe Nigeria $14 Million For Electricity In 2024

Togo and Benin Owe Nigeria $14 Million for Electricity in 2024

The Federal Government of Nigeria has disclosed that neighboring countries Togo and Benin owe a cumulative sum of $14.19 million for electricity supplied in the first quarter of 2024. According to the Nigerian Electricity Regulatory Commission (NERC), none of the four international bilateral customers, including Para-SBEE and Transcorp-SBEE in Benin, and Mainstream-NIGELEC and Odukpani-CEET in…

Continue reading
Ex-Ogun Governors Unite Against Chinese Firm, Zhongshan Fucheng Industrial Investment Company

Ex-Ogun Governors Unite Against Chinese Firm, Zhongshan Fucheng Industrial Investment Company

Two former governors of Ogun State, Ibikunle Amosun and Gbenga Daniel, have pledged their full support to the Federal Government’s efforts in recovering national assets seized by a French court following a legal dispute involving a Chinese firm, Zhongshan Fucheng Industrial Investment Company Limited. The company had secured a court judgment that resulted in the…

Continue reading
Nigeria Customs Service Introduces Beneficial Yet Restrictive Guidelines For Zero Duty Rate On Food Items

Nigeria Customs Service Introduces Beneficial Yet Restrictive Guidelines for Zero Duty Rate on Food Items

The Nigeria Customs Service (NCS) has officially issued comprehensive guidelines to facilitate the implementation of a Zero Percent Duty Rate (0%) on specific essential food items. This move comes in direct response to President Bola Tinubu’s recent approval of an import duty waiver, aimed at mitigating the rising cost of living in Nigeria by making…

Continue reading
Protest In Nigeria: How Much Did The '10 Days Of Rage' Protest Cost Nigeria?

Protest In Nigeria: How Much Did the ’10 Days of Rage’ Protest Cost Nigeria?

The ’10 Days of Rage’ protest, which culminated on August 10, 2024, has left Nigeria grappling with severe socio-economic consequences. What began as a nationwide demonstration against “bad governance” and economic hardship quickly spiraled out of control, causing widespread chaos and destruction across several states in Nigeria. Despite efforts by the government, civil society organizations,…

Continue reading
President Bola Ahmed Tinubu Triumphantly Inaugurates 30 Hybrid Power Cng Buses In Abuja Amidst Controversy

President Bola Ahmed Tinubu Triumphantly Inaugurates 30 Hybrid Power CNG Buses in Abuja Amidst Controversy

President Bola Ahmed Tinubu officially inaugurated 30 hybrid power Compressed Natural Gas (CNG) buses at the State House in Abuja on Monday. This milestone event underscores the administration’s dedication to reducing carbon emissions and promoting clean energy solutions in the transportation sector. The introduction of these hybrid power CNG buses represents a significant leap towards…

Continue reading