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.

The “Take It Back Movement,” a human rights organization, has taken to the streets of Lagos State to demonstrate against the nation’s exorbitant cost of living and the skyrocketing price of food. This protest was held despite the warning issued by the Lagos State Commissioner of Police, Adegoke Fayoade, on Sunday. The demonstrators at the state’s Ojuelegba under bridge region were observed carrying banners with varied inscriptions on them to voice their complaints over the nation’s current economic crisis. In a statement released on Sunday, Benjamin Hundeyin, the police spokesperson for Lagos, cited Commissioner of Police Fayoade as cautioning planned…

Read More

The federal government, sub-nationals, and the private sector have formed an economic advisory council under President Bola Tinubu’s direction. This was the outcome of discussions held on Sunday evening at the State House in Abuja between the President and important stakeholders. The occurrence occurred as the cost of living problem continued to deepen due to the declining value of the naira, rising inflation, and other economic headwinds. Several notable figures from the private sector were included in the list, including Mr. Tony Elumelu, the Chairman of United Bank for Africa, and Aliko Dangote, the Chairman of Dangote Group. In his…

Read More

To facilitate travel around the state, the Lagos State Commissioner for Transportation, Oluwaseun Osiyemi, reports that the state government intends to purchase a minimum of 2,050 automobiles. This was stated by Osiyemi in a Sunday interview with the News Agency of Nigeria. He claimed that the purchase of the buses—Bus Rapid Transit—would help to alleviate lines at bus stops. Additionally, he claims that an oil business that has committed to aiding the government’s endeavors will supply more BRT buses. “We’re aware of the long queues in all our stations, especially on Mondays. We’re working better to serve the good people…

Read More

Yakubu Aiyegbeni, a former striker for the Super Eagles, has stated that Mohammed Salah, a winger for Liverpool, is not a top player. On the list of African football players with the most Premier League goals, Aiyegbeni comes in at number five. With 154 goals in 252 games, Salah has more goals than the Nigerian. But Aiyegbeni believes that players like Sadio Mane, Austin “Jay Jay” Okocha, Yaya Toure, and Didier Drogba are superior to Salah. “It is my view that Salah is not up to par. He is not a skilled ball player, and most of his goals come…

Read More

According to the African Development Bank’s most recent study, Macroeconomic Performance and Outlook (MEO), which was published on Friday, the continent’s nations will account for the majority of the world’s fastest-growing economies. According to the survey, more than half of the top 20 nations on this list are in Africa. According to the analysis, “eleven of the world’s twenty fastest-growing economies in 2024 will be found in Africa.”In general, the continent’s real gross domestic product (GDP) growth is anticipated to average 3.8% in 2024 and 4.2% in 2025. This surpasses the estimated worldwide averages of 2.9% and 3.2%,” it continues.…

Read More

Australia’s High Commissioner to Nigeria, Leilani Bin-Juda, has stated that her nation is eager to strengthen bilateral ties with Nigeria in a way that will benefit the peoples of both nations. She stated that her nation is especially keen to see the two nations’ economic cooperation increase and to make sure that more potential Nigerian students take use of Australia’s first-rate educational infrastructure. Leilani made this statement last week during a “Study Australia Networking” dinner hosted by the High Commission in Abuja. She said that her nation is the greatest place in the world for Nigerians to pursue higher education.…

Read More

Reports state that on Sunday, a fire completely destroyed Dr. Mariya Mahmoud’s private apartment in Asokoro, the FCT’s Minister of State. The incident was confirmed by Amiola Adebayo, the FCT Fire Service’s Acting Director. According to Adebayo, the fire totally destroyed the building’s first story. He clarified that the fire had begun at approximately 9:45 a.m., but added that the Service officers had only just arrived at the scene a few minutes earlier, having received a running call from responders who had attempted to get in touch with the Federal Fire Service. A running call indicates that responders persisted on…

Read More

Afenifere, a pan-Yoruba socio-political organization, has pleaded with Yoruba people not to take part in the nationwide protests that are starting in several regions due to the current economic crisis. The six southwestern states of the nation—Osun, Ogun, Ondo, Lagos, Ekiti, and Oyo—are home to the Yoruba people. Nonetheless, citizens of the states known as Yoruba as well as those in Kano, Ogun, Niger, Sokoto, and Osun have protested about the growing expense of living. However, Reuben Fasoranti, the head of the organization’s elders caucus, stated on Sunday that Nigerians must be understanding of the current circumstances while noting the…

Read More

The 10 states with the highest percentage of internet users in the nation are provided by the National Bureau of Statistics. 163.8 million people were using the internet as of December 2023, according to a check done on the NBS database on Sunday. Furthermore, as of the end of 2023’s fourth quarter, statistics on internet usage nationwide offers intriguing insights into which states are at the forefront of digital connectivity. This number indicates that despite the difficulties brought on by the elimination of subsidies and the floating of the naira, among other things, more residents have been able to access…

Read More

Akwa Ibom State government has denied receiving the N30 billion Federal Government’s cash disbursement to states to cushion the effects of the prevailing socio-economic hardship as opposed to what was said by the Senate President Godswill Akpabio. The state further stated that, in order to adequately meet the needs of the populace during these difficult times, the administration has supplemented the Federal Government’s package with billions of dollars in cash and food items. Of the original N5 billion repayable loan given to states with 3,000 bags of rice as an oil subsidy removal palliative, only N2 billion was received, with…

Read More