PIA will strengthen Naira, reduce budget deficit – PwC

PIA will strengthen Naira, reduce budget deficit – PwC

96% of business executives endorses the law   By Cynthia Alo The 2021 Petroleum Industry Act (PIA) will facilitate Nigeria’s economic development by attracting and creating investment opportunities for local and international investors, according to Mr. Uyi Akpata, country senior partner, PwC Nigeria. Akpata, who made this known in his opening remarks during an exclusive […]
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Petrol subsidy depletes NNPC contribution to FAAC by 44%

Petrol subsidy depletes NNPC contribution to FAAC by 44%

As subsidy hits N621.55bn, still rising monthly Outstrips health, education, Works and Housing budgets By Obas Esiedesa A whooping N621.55 billion has been deducted from the Federation Accounts Allocation Committee, FAAC, funds by the Nigerian National Petroleum Corporation, NNPC, as petrol subsidy in the first half of 2021, H1’21, latest data have shown. The figure for […]

Menace of Lagos miscreants and open defecation {Viewpoint}

Menace of Lagos miscreants and open defecation {Viewpoint}

Defecating openly has health, economic and social impacts on the defecator and people around as well because the diseases that result from such acts are capable of infecting those who inhale the stench that oozes out of the excreta.

Ebonyi APC Caretaker Committee Chairman resigns

Ebonyi APC Caretaker Committee Chairman resigns

The Chairman, Caretaker Committee of the All Progressives Congress (APC), Ebonyi State, Mr. Stanley Okoro-Emegha has resigned his appointment as the Ebonyi State Commissioner for Internal Security

No respite as blackout persists in Awoyaya

No respite as blackout persists in Awoyaya

There seems to be no respite for the residents of Awoyaya area in Lekki, Lagos State, as the blackout in the community has remained for over a week despite promises by Eko Electricity Distribution Company, EKEDC. They have again, begged EKEDC to find a lasting solution to the power outage to save the situation. ALSO […]