With few days to Christmas, the mood at some decorations and gift items stores in Ibadan ,yesterday cannot be described as encouraging. Basic Christmas decorations have become very expensive as sellers complain of low patronage while buyers lament their reduced purchasing power. At the popular Dugbe Market, middle aged lady,who identified herself as Ashabi, and sells Christmas decorations, said she now begs and uses various wooing tactics to persuade prospective…

A Federal Capital Territory High Court has granted bail to Yahaya Bello, the immediate past governor of Kogi State, in the sum of N500 million. Justice Maryanne Anenih, who delivered the ruling, ordered Bello to produce three sureties of the same amount. The sureties must be prominent Nigerians with landed properties in Maitama, Jabi, Utako, Apo, Guzape, Garki, or Asokoro. Bello was also required to surrender his international passport and…

The Oyo State Police Command has launched an investigation into the tragic death of 32 children during a stampede at a funfair held in Ibadan, the state capital, on Wednesday. accounts revealed that the chaos erupted as attendees scrambled to gain access to the venue. The event was reportedly organized by Prophetess Naomi Shikemi, the ex-queen of the Ooni of Ife, in collaboration with Ibadan-based broadcaster Oriyomi Hamzat. NEW DAILY…

Citing the non payment of Certificates of Occupancy (C of O)fees, the Minister of the Federal Capital Territory (FCT), Nyesom Wike, has revoked the allocation of lands in Abuja belonging to former President Muhammadu Buhari, the Speaker of the House of Representatives, Tajudeen Abbas, and the Secretary to the Government of the Federation, George Akume. In its today’s report, Channels TV said the land’s revocation was disclosed in a publication…

The Speaker of the House of Representatives, Tajudeen Abbas, has expressed confidence that Nigeria’s ongoing reforms under President Bola Tinubu -led administration will spur economic growth, alleviate poverty, and ensure long-term prosperity for the country. In a statement shared on his X page yesterday, Abbas commended the administration for implementing bold reforms over the past eighteen months. He highlighted measures such as the removal of fuel subsidies, the unification of…

Poised to ensure a hitch free Christmas /new year celebration for Nigerians, Dangote Petroleum Refinery, today announced reduced it’s fuel price to N899.50 per litre. The announcement was made via a statement shared on the company’s X page and signed by the Group’s Chief Branding and Communications Officer, Anthony Chiejina. The statement highlighted that this is the second price reduction within two months, aimed at easing transportation costs during the…

Ostensibly to alleviate the suffering of Nigerians ,the federal government has announced measures to reduce the cost of cooking gas via a zero import duty on machinery, equipment, and spare parts for gas utilisation in the country. The announcement was made in a statement issued by Nigerian Customs Service(NCS) Spokesman Abdullahi Maiwada on Wednesday in Abuja.The initiative is part of the Presidential Gas for Growth Initiative, which aims to foster…

The State House has earmarked a significant portion of the 2025 budget for various expenditures, including N15.09 billion for the purchase of tyres for bulletproof vehicles, Sport Utility Vehicles (SUVs), operational vehicles, and plain cars. Additionally, N5.49 billion has been proposed for the annual maintenance of the Presidential Villa. These details were made public in the newly released 2025 Appropriation Bill, presented by the Budget Office of the Federation on…

The Nigeria Customs Service (NCS) has announced the removal of Value Added Tax (VAT) on Liquefied Petroleum Gas (LPG), also known as cooking gas, and Compressed Natural Gas (CNG). Additionally, the service has introduced zero per cent import duty on these products. This decision is in line with President Bola Ahmed Tinubu’s commitment to improving Nigeria’s investment climate and increasing domestic gas utilization. The announcement was made by the NCS’s…

The Attorney General of the Federation and Minister of Justice, Lateef Fagbemi (SAN), is expected to meet with the Senate today (Thursday) to review the Tax Reform Bills sent by President Bola Tinubu to the National Assembly. In light of the widespread controversy surrounding the tax reform bills, particularly with resistance from the North, President Tinubu had called for calm and instructed the Attorney General to engage with the National…

Elder statesman and Ijaw leader, Chief Edwin Clark, has stated that the ongoing debates around President Bola Tinubu’s Tax Reform Bills will only be resolved through a comprehensive restructuring of Nigeria. Clark argued that the disagreements regarding the tax reforms could be addressed if the country underwent restructuring, adopted a new constitution, or returned to the 1963 Republican Constitution. In a statement released on Wednesday, the former National Commissioner for…

The Federal Government has announced a strategic shift towards the renewable energy sector to address energy access challenges and enhance supply to critical sectors such as education, health, agriculture, rural communities, and transportation. The move is part of efforts to meet the energy needs of millions of Nigerians, particularly in rural areas. A key component of this initiative is the deployment of mini-grids through the e-HEART project, which aims to…