Subsidy Palliatives: Tinubu Writes Reps for N500bn Loan President Bola Tinubu has written to the National Assembly, seeking an amendment to the 2022 supplementary appropriation Act. Tinubu, in a letter to the House of Representatives, said the amendment was to allow the Federal Government to source N500 billion for palliatives to cushion the effect of subsidy removal on Premium Motor Spirit known as petrol. During plenary on Wednesday, the Speaker of the House of Representatives, Tajudeen Abbas, read Tinubu’s letter, titled, ‘Request for the amendment of the 2022 appropriation act’. According to the President, the money would be sourced from…
Author: meridianspy
Telecommunications operators have called on the Federal Government not to only suspend the five per cent excise tax on telecoms sector but to remove it completely from the Finance Act. Speaking under the aegis of the Association of Licensed Telecommunications Operators of Nigeria (ALTON), the Chairman, Gbenga Adebayo, said the body welcomed the development and thanked President Bola Tinubu for the suspension, however, reminded the public that the immediate past Minister of Communications and Digital Economy, Prof. Isa Pantami, had made a case to ex-President Muhammadu Buhari for the exemption of telecoms sector from the tax. “We have on…
The All Progressive Congress (APC) National Secretary Senator Iyiola Omisore, on Tuesday took a swipe at the party’s National Vice Chairman, North-West, Salihu Lukman. He described him as ‘loose canon, black sheep’ of the party. Lukman had been at loggerheads with the APC National Chairman, Abdullahi Adamu, and Omisore over the management of the party’s affairs. The APC scribe dragged both Adamu and Omisore to court for failing to account for sales of nomination forms to political candidates, not calling for a NEC meeting for over a year and breach of the party’s constitution. He also accused the duo of…
The Nigerian currency on Tuesday, July 11, 2023, fell to N800 per dollar, the lowest in nine months, as demand for the dollar piled at the parallel market. The depreciation represents a 0.62% loss in the value of Nigeria’s currency compared to N795, which was the value of one dollar quoted during the trading day on Tuesday, July 11, 2023. “There is high demand for the dollar. Some people are buying the dollar for the summer holiday. Some are buying for other reasons, like importation,” a trader told BusinessDay. In October 2022, naira fell to N800 per dollar due…
The Ebonyi Police Command killed two hoodlums who were purportedly executing a sit-at-home order in the state. The South-East sit-in was organised by the separatist Indigenous People of Biafra to protest the prolonged arrest of its leader, Nnamdi Kanu. The hoodlums were reported to have shot intermittently into the air while attempting to enforce a sit-at-home order in the Okposi region of Ebonyi State on Monday, when command operatives engaged them in a gun duel. In a statement, on Tuesday, the Police Public Relations Officer in the state, Onome Onovwakpoyeya, said men of the command gunned down one of…
The Aviacargo Roadmap Committee will work with the Nigeria Customs Service to eliminate the barriers to Aviacargo exports in the country. The committee, led by Mr Ikechi Uko, made the announcement during a recent visit to the Lilypond Nigeria Customs Area Command headquarters in Apapa, Lagos. Uko believes that Nigeria, as Africa’s largest agricultural producer, has the potential to become the continent’s major Aviacargo centre. He, however, noted that some impediments had been preventing the country from taking its leadership position in agro-export. He said, “Nigeria doesn’t export much. In Aviacargo Nigeria is number five. Number one is Kenya;…
The Lagos State House of Assembly urged the National Assembly to begin a constitutional amendment process that would result in the establishment of state police. In its first plenary session since taking office, On Tuesday, the state’s 10th Assembly also urged Governor Babajide Sanwo-Olu to urgently equip the Lagos Neighbourhood Safety Corps for efficiency in community policing. The Speaker of the House, Mudashiru Obasa, said these actions would stem rising insecurity in the country. Obasa, in a statement by his media aide, Eromosele Ebhomele, noted with concern recent attacks in the country, including the killing of some residents in…
Maverick singer, Charles Oputa, aka Charly Boy, has warned the Labour Party, LP, presidential candidate, Peter Obi, against conceding defeat to President Bola Tinubu. However, Charly Boy has said even if the LP candidate decided to drop his petitions at the Presidential Election Tribunal against President Tinubu, he and other supporters of the LP would not agree to such an arrangement. According to him, Nigeria must be better “by fire by force.” He insinuated that the country was long overdue for a revolution. He said should the judiciary failed, Obi supporters would explore other options. In a tweet on Tuesday…
Four police officers have reportedly been killed by bandits on Gusau -Sokoto road in the Bungudu Local Government area of Zamfara, Meridian Spy learnt. The bandits who were in large numbers ambushed and shot the police officers who were on duty on the road on Monday, an indigene of the area who gave his name as Haruna Musa said. According to Musa, the police officers had mounted a roadblock on the road very close to Bungudu town when the bandits opened fire, killing four of them. Musa said, “The police officers were on duty and mounted a roadblock not knowing…
Festus Keyamo, former Minister of State for Labour and Employment, said the reason South-East elites are not speaking out against the slaughter of their own people in the East is fear of reprisal attacks against their own properties and family members who support ‘unknown gunmen.’ Keyamo stated this in a statement via his verified Twitter handle on Tuesday “I think it is time to call a spade, a spade: the simple reason the elites in the South East are finding it difficult to speak out against those killing and dehumanising their own people in the East is the fear of…
A High Court of the Federal Capital Territory yesterday deferred hearing on a case instituted against the immediate past Attorney-General of the Federation and Minister of Justice, Mr Abubakar Malami, SAN, for allegedly abusing his office. Justice Oluyemisi Adelaja adjourned the case for definite hearing, even as he directed the service of all the necessary court papers on the ex-AGF, Malami, SAN, to enable him to enter his defence in the matter. He further directed that a proof of service of the suit and hearing notice on Malami, should be made available to the court. The suit is seeking an…
Senator Godswill Akpabio, President of the Senate, has appointed Chairmen for Special Committees in the 10th Senate in accordance with Standing Orders 2022 as Amended. The President appointed members to the Selection Committee, which includes him as Chairman, the Deputy Senate President, Senator Jibrin Barau as Vice Chairman, and other principal officers from both the majority and minority parties as members. Members of the Selection Committee are Senator Opeyemi Bamidele, APC, Ekiti Central, the Senate Majority leader; Senator Ali Ndume, APC, Borno, the Senate Chief Whip:; Senator Dave Umahi, APC, Ebonyi South, the Deputy Leader and Senator Lola Ashiru…