Following the collapse of the national grid on Monday, and the attendant power outages witnessed nationwide, the Abuja Electricity Distribution Company (AEDC) has restored power in some parts of its franchise areas. According to the News Agency of Nigeria (NAN), places like Deidei, Suleja, Lugbe, Kuje, and other areas had their light restored on Tuesday at about 5:15 am. AEDC on Monday, pleaded with customers that the disruption in power…

If a new income tax bill is passed by the National Assembly, Nigerians earning N100 million and above monthly will face a 25 percent personal tax rate. This is the submission of the Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele at a breakout session of the ongoing 30th Nigeria Economic Summit (NES) organized by the Nigerian Economic Summit Group (NESG) and the Ministry of Budget…

President Bola Tinubu has urged for stronger collaboration between government agencies, the private sector, and international partners to drive economic growth, improve competitiveness, and ensure stability in Nigeria. This call follows encouraging economic indicators, signalling that recent reforms introduced by his administration are starting to show positive outcomes. Speaking at the 30th Nigerian Economic Summit on Monday, organized by the Nigerian Economic Summit Group in partnership with the Ministry of Budget and…

Vice President Kashim Shettima has inaugurated the Steering Committee of the Nigeria Jubilee Fellowship Programme (NJFP), a federal government initiative aimed at expanding employment opportunities and improving the employability of recent graduates by equipping them with market-ready skills. The NJFP, coordinated by the Office of the Vice President and implemented in partnership with the United Nations Development Programme (UNDP), receives seed funding from the European Union (EU). It was designed…

Ogun State Governor Dapo Abiodun has approved a new minimum wage of N77,000 for the lowest-paid workers in the state, effective immediately. This announcement followed a meeting between the state government, led by Secretary to the State Government, Tokunbo Talabi, and leaders from the Organised Labour in Ogun State, including the Nigeria Labour Congress (NLC), Trade Union Congress (TUC), and Joint Negotiating Council (JNC). During the meeting, Talabi stated that the governor…

The controversy over Nigeria’s tertiary institution admission age policy just took a new turn as a 15-year-old student has taken the education ministry, the Joint Admissions and Matriculation Board (JAMB), and the National Universities Commission (NUC) to court. Chinaemere Opara, the senior secondary student (SSS), filed the suit at the federal high court in Abuja on Monday through his father, Maxwell Opara, who is a lawyer. The education ministry had…

Interior Minister Olubunmi Tunji-Ojo on Monday reaffirmed the Tinubu administration’s commitment to proactive border management, emphasising its importance in addressing emerging challenges to national security. Tunji-Ojo made this statement while presiding over a presentation on the newly developed Integrated Border Management System for the Nigeria Immigration Service (NIS). In a statement on his X page, the minister said the NIS’s integrated system brings together expertise to bolster national security while ensuring the…

Ondo State Governor Lucky Aiyedatiwa has pledged to dualize the major road in Akungba Akoko, located in the Akoko South West local government area, and construct an overhead bridge for pedestrians. In a statement released on Monday by his Chief Press Secretary, Ebenezer Adeniyan, the governor emphasised that this initiative aims to reduce the frequent accidents occurring on the road. Governor Aiyedatiwa made this commitment during an interaction with market women and…

The Nigerian National Petroleum Company Limited (NNPCL) has reached an agreement to sell petrol to members of the Independent Petroleum Marketers Association of Nigeria (IPMAN) at N995 per litre. This resolution came after the Department of State Services (DSS) stepped in to mediate the ongoing dispute between the two parties. Hammed Fashola, the National Vice President of IPMAN, expressed gratitude for the DSS’s intervention, which he said had resolved numerous…

The leading global financial institution, the World Bank has said that for Nigeria to significantly transform its economy, it must maintain its current reforms for the next 10 to 15 years. This was the submission of the Senior Vice-President of the World Bank Group, Indermit Gill. Gill spoke on Monday at the ongoing 30th Nigerian Economic Summit (NES), organized by the NES Group (NESG) in collaboration with the Ministry of…

Minister of Aviation and Aerospace Development, Festus Keyamo, has clarified that the Federal Government did not mandate airline operators to purchase Jet A1 fuel exclusively from Dangote Refinery. Keyamo made this statement during the Renewed Hope Global Virtual Town Hall Conference, themed ‘Elevating Nigeria’s Aviation Strategic Trajectory under the Renewed Hope Administration’, monitored by The New Daily Prime on Saturday. Related Story: Keyamo Urges States, Private Sector to Invest in…

The Minister of Aviation and Aerospace Development, Festus Keyamo, on Saturday said Nigeria has aligned with the International Civil Aviation Organisation (ICAO) policy aimed at transitioning from fossil fuels to sustainable aviation fuels. Keyamo disclosed this during a Renewed Hope Global Virtual Town Hall Conference themed ‘Elevating Nigeria’s Aviation Strategic Trajectory under the Renewed Hope Administration’, monitored by The New Daily Prime. Keyamo said the move is part of the…