Federal Government to Implement Tolls on Lagos-Ibadan Expressway, Second Niger Bridge, and Other Key Highways

The Nigerian government is set to reintroduce tolls on major highways including the Lagos-Ibadan Expressway and the Second Niger Bridge as part of its revenue strategy The toll on Lagos-Ibadan Expressway is set to be reinstated as part of a broader federal initiative aimed at boosting revenue through major infrastructure projects. Alongside the Lagos-Ibadan Expressway,…

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PENGASSAN: NNPC Faces Crude Supply Challenges to Dangote Refinery Due to Buhari’s Loan Collateral Deal

The Nigerian National Petroleum Company is struggling to provide crude to Dangote Refinery after ex-President Buhari used oil reserves as collateral for foreign loans The NNPC crude supply challenges are currently impacting the Dangote Refinery, a key oil processing plant in Nigeria. According to Festus Osifo, the President of the Petroleum and Natural Gas Senior…

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N15m bribery allegation: Bobrisky writes on suicide, deletes Instagram posts

Bobrisky Opens Up About Mental Health Struggles Amid N15 Million Bribery Allegations Popular Nigerian social media personality, Idris Okuneye, better known as Bobrisky, recently shared a deeply personal and emotional revelation about contemplating suicide following serious bribery accusations. The allegations, made by social media influencer Martins Vincent Otse, widely known as VeryDarkMan, have significantly impacted…

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The Nigerian government has commenced the payment of the new minimum wage to federal civil servants, with effective date and modalities

Bawa Mokwa, the spokesperson for the Office of the Accountant-General of the Federation, confirmed this development during an exclusive interview with Daily Post on Thursday. He assured that workers would start receiving alerts of the updated minimum wage payments from that day. However, Mokwa did not specify whether the payment would include arrears. He stated,…

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Why I Disagree with Supreme Court’s Decision on Local Government Autonomy — Prof. Kalu, SAN

In an interview with Vanguard’s Law & Human Rights, Prof. Awa Kalu, SAN, a distinguished constitutional lawyer and former Attorney-General of Abia State, shared his perspective on the Supreme Court’s July 11, 2024, ruling that granted financial autonomy to Nigeria’s 774 local government councils. Despite widespread praise for the ruling, Prof. Kalu expressed his disagreement,…

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LP National Caretaker Committee Supports Boycott of Anambra LG Election

Labour Party’s caretaker committee backs the decision to withdraw from the Anambra Local Government election, citing electoral violations The newly inaugurated 29-member National Caretaker Committee of the Labour Party (LP), led by former minister Senator Nenadi Usman, has expressed support for the boycott of Saturday’s local government election in Anambra State. This decision follows allegations…

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Retirees Invest N798bn in Life Annuities for Long-Term Pension Security

Nigerian retirees under the Contributory Pension Scheme invest over N798 billion in life annuity as part of their retirement strategy By the second quarter of 2024, Nigerian retirees invest in life annuity totaling N798.58 billion under the Contributory Pension Scheme (CPS). This growing investment, involving 129,435 retirees, marks a 20% increase compared to N665.13 billion…

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Nigerian Government Unveils New Plan to Expand Taxation Amid Economic Challenges

The Nigerian government is set to widen its tax base through new reforms aimed at increasing national revenue The Nigerian government expands tax base with its latest initiative to generate more revenue despite the ongoing economic challenges. This move, which is part of the Economic Stabilisation Bills, was approved by the Federal Executive Council and…

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