Author: New Daily Prime

The Nigerian Communications Commission (NCC) has approved long-awaited telecom tariff increases, which will take effect in January 2025. This decision ends over a decade of lobbying by telecom giants such as MTN Nigeria, Airtel, and 9Mobile, who have advocated for price adjustments to align with the economic realities faced by the industry. Despite rising operational costs, driven by inflation, telecom operators have not been able to raise their tariffs for over 11 years. An NCC spokesperson confirmed to TechCabal that more details about the adjustments will be provided in an official announcement soon. The spokesperson highlighted that the proposed changes…

The Federal Inland Revenue Service (FIRS) has partnered with the Blessed Royal Jewel Foundation to distribute food and non-food items to victims of the September 10th floods and other vulnerable residents in Maiduguri, Borno State. The aid package included bags of rice, mats, sugar, detergent, mosquito nets, coils, cooking oil, and Milo beverages, all intended to alleviate the hardship faced by the affected individuals. Representing the Blessed Royal Jewel Foundation, Nigerian actor and film producer Uzee Usman led the distribution, describing the initiative as timely given the devastation caused by the flood. “Blessed Royal Jewel Foundation brought me to Maiduguri…

Former Minister of Communications, Adebayo Shittu, has stated that the Oke-Ogun region in Oyo State is determined to produce the next governor of the state in the 2027 elections. He emphasised that the region will not settle for the deputy governorship position and that political leaders from the zone, especially those in the All Progressives Congress (APC), have begun strategic discussions to ensure the region’s candidate emerges as the governor. Speaking to The PUNCH on Monday, December 23, Shittu revealed that recent meetings were held, including one at the residence of the former Deputy Governor, Iyiola Oladokun, in Ado Awaye. …

The Nigeria Labour Congress (NLC) and Civil Society Organisations (CSOs) have expressed dissatisfaction with the recent reduction in the price of petrol to N935 per litre, calling for further cuts. While the price drop, announced by Dangote Petroleum Refinery in collaboration with MRS Oil and Gas, brought the cost of petrol down from over N1,030/litre in Lagos and N1,060/litre in Abuja, the labour unions argue that the new price is still too high. They argue that the pricing mechanism remains based on imported products, despite Nigeria having local refining capacity. NLC official Chris Onyeka emphasised that the true cost of…

….Nigerian users to pay N34k monthly The microblogging platform owned by Elon Musk, X, has increased the subscription price for its Premium+ plan globally. The increment means that the price for users in Nigeria was jerked up by 51 per cent, one of the highest increments. Nigerian users will now pay N34,000 monthly on the Premium+ subscription plan instead of the previous N22,550, representing a 51 per cent increase. The platform noted that the increment of the Premium+ subscription plan, which completely removes ads for users, among other features, varies by country and took effect from December 21, 2024, for new…

The Federal Government, through the Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC), has issued a final ultimatum to Deposit Money Banks (DMBs) and Mobile Network Operators (MNOs) to resolve the long-standing N250 billion Unstructured Supplementary Service Data (USSD) debt dispute. In a joint circular released on December 20, 2024, the regulatory bodies outlined a structured payment plan to clear the debt, alongside new operational guidelines for USSD services. The circular was signed by Oladimeji Taiwo, the Acting Director of Payments System Management at the CBN, and Chizua Whyte, the Head of Legal and Regulatory Services at…

… Govt Officials, Tourists, Others tour Lagos Waterways on boat Amidst a festive atmosphere of cultural brilliance and aquatic excellence, Lagos State Governor, Babajide Sanwo-Olu, alongside his wife, Dr. Claudiana Ibijoke Sanwo-Olu, Deputy Governor, Dr. Obafemi Hamzat, and his wife, Mrs. Oluremi Hamzat, led other dignitaries to witness the Lagos Boat Regatta 2024 on Saturday at Victoria Island area of the State. The Regatta, held simultaneously across multiple locations, showcased the rich cultural and aquatic heritage of Lagos with colorful displays by the five Ibile divisions in the State, featuring intricately decorated boats that thrilled attendees at the Regatta. Rowing…

In compliance with the directive of the Independent Petroleum Marketers Association of Nigeria (IPMAN), petrol stations across the country today started adjusting their pumps to reflect the new price of fuel and sell at a lower rate.This action is coming after Dangote Refinery reduced the price of the product to N899.50k per litre. The New Daily Prime reports that IPMAN confirmed this in Abuja, yesterday in a statement by Mr Ukadike Chinedu, IPMAN’s Publicity Secretary. The association had earlier pegged the price of petrol at N935 per litre beginning from today after Dangote Refinery reduced the ex-depot price of fuel…

Former presidential candidate Peter Obi has voiced strong concerns over the recent directive from the Inspector General of Police (IGP) that imposes restrictions on the distribution of palliatives to the less privileged. Obi described the move as “disturbing” and warned it could hinder acts of generosity and exacerbate the suffering of vulnerable Nigerians. In a statement shared on X.com (formerly Twitter) on Monday, Obi acknowledged that the directive aimed to address safety issues following tragic incidents linked to the distribution of palliatives. However, he raised concerns that the restrictions could unintentionally discourage citizens from assisting those in need. Obi wrote,…

The Petroleum Tanker Drivers (PTD) branch of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has called on the Federal Government to address the poor state of federal highways and its exclusion from the ongoing Compressed Natural Gas (CNG) scheme. In a communiqué issued after their quarterly National Executive Committee meeting in Benin City, Edo State, the union expressed frustration over the continued delays in critical road repairs, despite significant budget allocations. They also criticised their exclusion from the CNG initiative, which aims to provide affordable fuel alternatives to reduce costs for transporters. The communiqué, signed by National…