“To purchase a 12.5kg cylinder of cooking gas in a month, minimum wage earners must now spend a whopping 23.3% of their monthly wage…” The cost of filling a 12.5kg cylinder of cooking gas has increased from an average of N6,200 in July 2021 to N7,000 as of September 2021. This is about a 13% increase in the price. This was confirmed by our analyst after conducting interviews with several consumers, who lamented over what they described as a sudden hike in the price of Liquified Petroleum Gas (LPG) or what is commonly known as cooking gas,…
Author: admin_secure
Cui Jianchin, the Chinese Ambassador to Nigeria, says he is in talks with Chinese-owned banks to establish operations in Nigeria. “Before my departure from Beijing to Abuja, I talked to several banks in China. When you list the world’s 10 big banks, six are in China. The banking sector is very important because, without money, we cannot build our industries,” Mr Jianchin explained. “What I am thinking here is best to talk to the governor of the central bank, and how we can allow the Chinese banks to run office here and now, they are doing the feasibility…
The Lagos government says traffic will be diverted at Iyana-Era road to rehabilitate and construct a 20-metre bridge from September 24 for one year. Lagos transport ministry said in a statement that the construction would commence Friday at midnight. Frederic Oladeinde, Commissioner for Transportation, explained that the construction was to address factors responsible for the rapid and frequent deterioration of the section of the road. Mr Oladeinde added that the portions before and after the culverts submerged into the surrounding swamp, requiring the need for a bridge. The commissioner further stated that motorists heading towards Shibiri, Ajangbadi, and Igbogbo…
Ndudi Elumelu, the minority leader of the House of Representatives, on Wednesday raised a point of order during plenary to protest the leaking roof of the National Assembly complex. Mr Elumelu says the situation is dangerous to lawmakers’ safety. Marshaling his argument, Mr Elumelu pointed out to the House the danger inherent in coming to plenary to make laws under a leaking roof. ”Our chamber is leaking. While coming into the chamber this morning, we noticed the cleaner making frantic effort to scoop the water. “This is dangerous to our day to day lawmaking, we cannot be representing our people…
President Muhammadu Buhari on Tuesday sought Senate’s confirmation of members of the Board of the Nigerian Midstream and Downstream Petroleum Regulatory Authority. The president in another letter to the upper chamber also sought the confirmation of the Board of the Upstream Regulatory Commission. He explained in a letter dated Sept. 16, and read during plenary by the Senate President, Ahmad Lawan, that the request to confirm the Chairman, Chief Executive and Executive Directors for the Petroleum Regulatory Authority was made in accordance with the provision of Section 34(3) of the Petroleum Industry Act (PIA) 2021. The nominees for confirmation into…
James Oyebode is the founder of a Christian digital platform, Godconnect in this interview with our correspondent Oladipo Gbeminiyi, He spoke about reason he founded the digital platform used in spreading the gospel through the use of technology. Excerpt; Can we get to know you and what GodConnect is all about? I am James Oyebode, I have worked in Information Technology for about 25 years currently living in the United States GodConnect is a social media platform built to foster connection among Christians and Churches across the world using Technology What inspires your decision towards establishing Godconnect? The vision was…
Activist, Deji Adeyanju has revealed how the All Progressives Congress party, APC, plans to embarrass former President Goodluck Jonathan in 2023. Adeyanju claimed that the APC is planning to deceive Jonathan with its presidential ticket and then embarrass him. In a series of tweets, the rights activist disclosed that APC has planned not to give Jonathan its presidential ticket after tricking him into joining them. Adeyanju urged the former president to quit partisan politics and remain a democrat for the sake of his image. “I have been reliably informed that they are plotting to embarrass Goodluck Jonathan by…
A former Special Assistant to ex-President Goodluck Jonathan, Reno Omokri, has said that betting shops exist only in poor neighbourhoods. In a post shared on his IG page, Omokri opined that if a library is opened in that same neighbourhood, it won’t get visitors. His post reads: “How many sports betting shops do you see in rich neighbourhoods? If it was a smart way to make money, wouldn’t rich neighbourhoods have them? They exist in poor neighbourhoods because those living there are simple enough to waste their money on such outfits. “A few rich people may succumb to…
The spokesperson to President Muhammadu Buhari, Femi Adesina, says the world would learn from the Buhari regime how to overcome economic recession in times of a pandemic as the president speaks at the United Nations General Assembly meeting. In an interview with Channels TV on Monday night, Mr Adesina said, several countries attending the meeting, unlike Nigeria, were yet to recover from the pandemic-induced recession. He said, not only did Nigeria recover, that the economy “recorded a GDP growth of 5.01,” and that Mr Buhari was going to teach the rest of the world how it…
MEMBERS of the Judiciary Staff Union of Nigeria may head for another showdown over the failure of state governors to comply with the Memorandum of Understanding reached between the union and the Nigeria Governors’ Forum, which led to the suspension of its strike on June 9. Over three months after, our correspondent learnt on Monday that the union was not satisfied with the level of compliance by state governors. The union’s National Treasurer, Jimoh Musa, expressed JUSUN’s displeasure in a telephone interview with The PUNCH on Monday. Musa said the union had also expressed its dissatisfaction in a message sent…