Author: Akintayo Adams

Akintayo Adams A. is an accomplished news editor at News VEO with several years of experience covering, crafting, and delivering compelling news and content that captivates target audiences.

President Bola Tinubu on Friday, approved the appointment of eight new Federal Permanent Secretaries. The appointment was announced in a statement by the president’s Special Adviser on Media & Publicity, Ajuri Ngelale. He stated that the new permanent secretaries were appointed to address existing and impending vacancies in some states and geo-political zones within the Civil Service of the Federation. “The President anticipates that the new Federal Permanent Secretaries will exercise absolute dedication, diligence, and fidelity to the nation in the discharge of their functions and ensure optimum service delivery to the Nigerian people”, the statement added. According to Ngelale,…

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The Nigeria Labour Congress (NLC) said state governors can’t decide the minimum wage of workers, and that Nigerian workers are not beggars. In a statement by its Head of Information and Public Affairs, Benson Upah, the stance of state governors in unilaterally deciding workers’ pay was described as dictatorial. The statement by Upah reads partly: “The concept of a national minimum wage represents a national wage floor, a baseline below which no worker should be paid. “This double standard pits a few privileged individuals against the majority poor, which should concern anyone who loves this country.” “Allowing numerous companies and…

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Nigeria’s track genius and 100m hurdles world record holder Tobi Amusan has been cleared to run in the Paris Olympics. This was after the sport’s top court on Friday dismissed appeals by the World Athletics and the World Anti-Doping Agency against the decision to clear her of a doping offence. Amusan, 27, faced charges in July 2023 for missing three anti-doping tests within a year but was cleared by the Disciplinary Tribunal of the sport’s governing body. CAS said in a statement that its panel “unanimously acknowledged that the athlete committed two filing failures but did not confirm the existence…

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Oba Owolabi Olakuleyin will mount the saddle as the 43rd Olubadan of Ibadanland on Friday, July 12, 2024, Oyo State Government has announced. The State’s Commissioner for Information, Prince Dotun Oyelade, announced on Friday that Governor Seyi Makinde will present the Staff of Office to Oba Olakulehin as the 43rd Olubadan of Ibadanland at a ceremony at Mapo Hall in Ibadan. The statement also encouraged the people of Ibadan to practice patience. “Our people must learn to be patient and believe an administration that has not let them down in five years,” Oyelade said. He reiterated that insinuations and mischievous…

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The average cost of purchasing healthy food daily rose by 32% to ₦1,041 in May 2024, up from ₦786 in December 2023, according to the National Bureau of Statistics (NBS) in its May 2024 “Cost of a Healthy Diet” report released Friday in Abuja. The report also noted a marginal month-on-month increase of 1% in May, compared to ₦1,035 in April. “This is a lower bound (or floor) of the cost per adult per day excluding the cost of transportation and meal preparation.” The report’s state-by-state analysis indicated that Ebonyi, Abia, and Anambra had the highest cost of a healthy…

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Former US president Donald Trump has claimed that President Joe Biden’s policies are causing harm to Americans. Trump criticized Biden’s management of the US economy, emphasizing that the inflation rate is extremely concerning. These remarks were made during a presidential debate held by CNN in Atlanta, Georgia, in the early hours of Friday. The ex-president highlighted that escalating prices and the cost of living have emerged as critical concerns leading up to the presidential election in November. “He has not done a good job. He’s done a poor job,” Trump said. “And inflation is killing our country. It is absolutely…

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The roof of a newly refurbished terminal at New Delhi’s international airport collapsed early Friday due to heavy rains, killing one person and injuring eight others. Images online show vehicles crushed under giant steel girders at the departure forecourt of Terminal 1, a project inaugurated by Prime Minister Narendra Modi in March. The terminal handles domestic flights only, and all departures have been canceled until early afternoon, according to airport authorities. “Due to heavy rain since early this morning, a portion of the canopy… collapsed around 5 am,” they said in a statement posted online. “Emergency personnel are working to…

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The Supreme Court on Friday morning upheld the conviction of Mr. Francis Atuche, the former Managing Director of the defunct Bank PHB Plc. The trial spanned about 13 years. In a unanimous judgment read by Justice Moore Adumein, the Supreme Court held that the appellant, Francis Atuche, did not challenge the trial court’s and the Court of Appeal’s findings on his credibility. Relying on precedent, the court noted that when a trial court’s decision on a party’s demeanor is supported by documentary evidence, an appellate court should not interfere. Consequently, the Supreme Court found no reason to alter the concurrent…

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The Olayemi Cardoso-led Central Bank of Nigeria (CBN) raised N284.26 billion from investors in its latest Nigerian Treasury Bills (NTBs). The auction on Wednesday drew total subscriptions of ₦773.98 billion, significantly exceeding the ₦228.72 billion offered. This marked a 417.1% increase from the ₦44.23 billion offered in the previous auction on June 13, 2024. Additionally, total subscriptions surged by 89.8% from ₦407.76 billion, while total sales increased by 414.7% from ₦55.23 billion. The auction featured three tenors: 91-day, 182-day, and 364-day bills. Treasury Bills (T-Bills) allow the Central Bank of Nigeria to manage the money supply by issuing or redeeming…

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Shehu Sani, a former senator from Kaduna State, has disclosed how he prevented former President Olusegun Obasanjo from being assaulted by inmates of the Kirikiri Maximum Security Prison in 1995. Sani made this known while speaking at a lecture in Abuja on Thursday. Sani was among the pro-democracy activists and dissidents imprisoned by the military junta under Sani Abacha, who ruled from 1993 to 1998. Olusegun Obasanjo, Nigeria’s Head of State from 1976 to 1979 and civilian president from 1999 to 2007, was also jailed in 1995 for an alleged coup plot. Recounting events from that period, Sani said he,…

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