Economy
NATCOMS vows to challenge NCC’s approval of 50% tariff hike
The National Association of Telecommunications Subscribers (NATCOMS) has said it would challenge the Federal Government’s decision to allow telecoms operators increase tariff by 50 per cent in a court of law. The President, NATCOMS, Mr Deolu Ogunbanjo, in an interview with the News Agency of Nigeria (NAN) in Lagos said…
Read More »Minister complains that N800b allocated to Works Ministry for 2025 inadequate
The Minister of Works, Mr Dave Umahi has complained that the N800 billion allocated to the ministry in the 2025 budget is inadequate to address the country’s road infrastructure needs. Umahi stated this in Abuja during the 2025 budget defence session organised by the House Committee on Works. He appealed…
Read More »FG, states, LGs share N1.424trn revenue for Dec 2024
A total sum of N 1.424 trillion, being Dec. 2024 Federation Account Revenue has been shared to the Federal Government, states, and the Local Government Councils (LGCs). This is according to a statement by Bawa Mokwa, Director, Press and Public Relations, Office of the Accountant General of the Federation (OAGF).…
Read More »Minister orders removal of speed bumps on highways nationwide
Nigeria’s Minister of Works, David Umahi, has ordered the removal of speed bumps on the country’s highways to improve traffic flow and reduce congestion on major roads. Umahi made this known at a two-day Retreat for Federal Ministry of Works Highway Engineers and Managerial Staff on Friday in Abuja. The…
Read More »BREAKING: Governors Back Tax Reform Bills
The 36 State Governors under the umbrella of the Nigeria Governors’ Forum (NGF) have declared support for the tax reform bills presently before the National Assembly for consideration and passage into law. The Governors rose from a meeting with the Taiwo Oyedele-led presidential tax reform committee and declared in a…
Read More »Minister drops hint of under 100% telecoms tariff increase
The Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani has said that telecoms tariffs will soon increase but not by 100 per cent. Rising from a stakeholders meeting with Mobile Network Operators (MNOs) on Wednesday in Abuja, Tijani said that consultations and engagements were ongoing on the issue.…
Read More »Tinubu to Governors: You must drive development and prosperity
President Bola Tinubu, on Wednesday in Lagos, emphasised the critical role of state governors in driving Nigeria’s development and prosperity. He said their leadership at the subnational level was central to achieving food security, economic prosperity and rapid national growth. The President made the remarks during a visit by Vice…
Read More »Nigeria: Ndume insists on Tax Reforms Bills withdraw, says North not parasitic
Former Leader of the Senate, Mohammed Ali Ndume, declared on Sunday that the North is not parasitic in nature particularly when matters of economic survival are concerned. Ndume who represents Borno South Senatorial District in the National Assembly, noted that all states, zones and regions in the country need each…
Read More »Nigeria’s Internet Users Hit 134.78M in October, Broadband Penetration at 42.24%
Nigeria’s internet subscriber base grew by 1.88 million in October 2024, reaching 134.78 million, according to the Nigerian Communications Commission (NCC). Mobile networks dominated with 134.27 million users, while fixed wired and VoIP contributed the rest. MTN Nigeria led the growth, adding 1.13 million subscribers to total 69.52 million, followed…
Read More »JTF South-South achieves 95% security of major pipelines, boosts oil production to 1.83mbpd
The Joint Task Force (JTF) South-South, operating under Operation Delta Safe (OPDS), has secured 95% of the Trans-Niger, Trans-Ramos, and Trans-Escravos pipelines within the past three months. Speaking at a press briefing in Bayelsa State on Wednesday, Rear Admiral John Okeke, Commander of JTF South-South Operation Delta Safe said through…
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