Author: Akintayo Adams

The bill pertaining to the Oyo State Electricity Regulatory Commission has been signed into law by Governor Seyi Makinde. He’d promised to sign the bill into law creating the Oyo State Electricity Regulatory Commission at the British American Tobacco Ibadan Plant’s 20th anniversary celebration. By creating the commission today, the governor has kept his word. According to a post on the Governor’s X handle, he confirmed the signing of the bill into Law saying, “As promised earlier in the week, I signed the Oyo State Electricity Regulatory Commission Bill into law today. This law will enable Oyo State to generate,…

The Airline Operators of Nigeria, or AON, has bemoaned what it called “existential threats.” Among the difficulties members face are a lack of foreign exchange, the rapidly rising cost of Jet-A1, which is currently N1,300 per litre, and the difficulty in obtaining planes because of national security concerns. The operators claimed that because of a lack of foreign exchange, aircraft that needed maintenance had been grounded and cannot be transported abroad. They therefore demanded that the Federal Government act immediately. Professor Obiora Okonkwo, the spokesman for AON, stated in a statement that if this keeps up, the nation might not…

Nigerian President Bola Tinubu has mandated that the National Pledge be recited following the National Anthem at all official and public events. Speaking at the groundbreaking ceremony for the 3,112 housing units of Renewed Hope City in Karsana, Abuja, on Thursday, Tinubu stressed the importance of upholding national norms, advancing national objectives, and maintaining national values. “Before I left home this morning, I asked for a printout of the National Pledge, and we have to relaunch it again at this event. The relaunch is about being committed to the values, greatness, and hope of our country. It is our pledge…

The leading airline in Finland has said that it will weigh both passengers and their bags. According to Finnair, the optional change is intended to improve balancing calculations, which will raise the standard of flight safety, and will be implemented until May. According to a corporate statement, “Finnair will gather data by weighing volunteering customers and their carry-on baggage at the departure gate.” “The weighing is voluntary and anonymous, and the data will only be used to optimize Finnair’s current aircraft balance calculations.” Weighing people, according to Finnair, will assist make sure the airline doesn’t carry more weight than the…

The Senate Committee on Banking, Insurance and Financial Institutions is currently holding a session with Central Bank of Nigeria Governor Olayemi Cardoso. Cardoso led other officials of CBN to the Red Chambers on Friday morning amid the rising cost of living and hardship Nigerians are grappling with. Recall that barely two days ago Cardoso appeared before the members of the House of Representatives over the free fall of the Naira and the foreign exchange crisis. The CBN governor attributed the pressure on Naira to travel for medical and educational purposes. Despite recent policy interventions by the CBN, the Naira fell to N1479.47…

MultiChoice is a sub-Saharan African entertainment platform that provides services and products such as DStv, GOtv, Showmax, M-Net, and SuperSport. The company announced that its subsidiaries have settled with the Federal Inland Revenue Service (FIRS) and will pay approximately $37.3 million in taxes. In 2022, FIRS closed MultiChoice Nigeria’s accounts and filed tax claims of N1.8tn ($1.27bn) for the company’s operations in Nigeria, along with a $342m value-added tax claim on MultiChoice Group. In a statement, the group said that the total tax amount of N35.4bn to be paid by MultiChoice Nigeria and MultiChoice Africa Holdings would be offset against…

The Bola Tinubu-led government’s failure to carry out the agreements reached on October 2, 2023, following the removal of the Premium Motor Spirit, or gasoline, subsidy, has resulted in the Nigeria Labour Congress and its counterpart, the Trade Union Congress of Nigeria, issuing a 14-day nationwide strike notice to the Federal Government. Despite organized labor’s attempts to maintain industrial peace, the government appears unaffected by the widespread misery and adversity in the nation, according to leaders of the NLC and TUC. The accord on October 2 was centered around tackling the severe socioeconomic ramifications and widespread suffering caused by the…

President Bola Tinubu has ordered the immediate release of more than 102,000 metric tons of various grain kinds from the National Food Reserve and the Rice Millers Association of Nigeria as a temporary reaction to the country’s worsening food crisis and the rising cost of commodities. After the third and last meeting of the Special Presidential Committee on Emergency Food Intervention at the Aso Rock Villa on Thursday, Mohammed Idris, the Minister of Information and National Orientation, revealed this to State House media. “The first one is that the Ministry of Agriculture and Food Security has been directed to release…

Professional football is about to implement a blue card as part of sin-bin experiments, which will be the first new card color to be extensively used in fifty years. The Telegraph, a UK daily claims that the groundbreaking action will be made public by the International Football Association Board on Friday as part of new regulations that will cause players to be benched for ten minutes if they intentionally foul or act disrespectfully toward a match referee. Players will now be sent out if they receive two blue cards in a game or a combination of a blue and a…

Following his outstanding performance against South Africa, Super Eagles goalie Stanley Nwabali, who plays for Chippa United in that country, has reportedly received threats from the country’s supporters. The South African supporters have allegedly advised him not to go back to his club after the AFCON. Speaking on Channels Television on Thursday, former Super Eagles player Idah Peterside disclosed the threats and said that certain supporters had advised Nwabali not to return to Chippa United in South Africa following the AFCON competition. Though the threat has not been made public, it is thought that several South Africans are angry with…