NewsDeskNg, Author at News Desk Nigeria

Subsidy removal: Petrol price soared by 210% in one year, says NBS

NewsDeskNgJul 26, 2023July 26, 20230

The National Bureau of Statistics (NBS) says the price of petrol in Nigeria increased by 210.31 percent year-on-year. This means Nigerians, in June 2023, paid an average price of N545.83 for a litre of petrol compared to N175.89 in the period last year. Details on the price movement are contained...

UK Court Orders Ibori’s Lawyer To Pay £28m

NewsDeskNgJul 26, 2023July 26, 20230

A British court has ordered an ex-lawyer of former Delta State Governor, James Ibori to pay £28 million for helping to hide funds gained illegally. Bhadresh Gohil, an Indian lawyer, was convicted in 2010 of 13 counts of money laundering and other offences linked to his role in helping Ibori...

Resident doctors begin indefinite strike today

NewsDeskNgJul 26, 2023July 26, 20230

The Nigerian Association of Resident Doctors on Tuesday night declared an indefinite strike. The President of NARD, Dr Emeka Orji, who disclosed this to our correspondent said the strike will begin Wednesday, July 26, 2023, at 12am. Orji said, the decision was made during its July National Executive Council meeting...

CBN Increases Interest Rate

NewsDeskNgJul 26, 2023July 26, 20230

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has increased the benchmark interest rate (MPR) by 25 basis points to 18.75% from its initial 18.5%, representing the highest interest rate in 22 years. The announcement was made by the acting CBN governor, Folashodun Shonubi during a...

Otti Owing Us 2-Month Salary Arrears, Protesting Abia LG Workers Laments

NewsDeskNgJul 26, 2023July 26, 20230

Staff members of Umuahia North Local Government Area of Abia early on Tuesday took to the streets to protest the non-payment of their two months’ salary arrears. No fewer than 200 of the workers, locked and barricaded the gate to the council headquarters and vowed not to reopen it until...

ASUU Loses Case Against Registration Of CONUA, NAMDA

NewsDeskNgJul 26, 2023July 26, 20230

The National Industrial Court in Abuja has dismissed the suit filed by the Academic staff union of Nigeria (ASUU) challenging the registration of Congress of Nigerian University Academics, CONUA and Nigeria Association of Medical and Dental Academics, NAMDA, as trade unions by the federal government. The President of the court,...

Adeleke Suspends Osun Poly Rector Over Corruption Allegations

NewsDeskNgJul 26, 2023July 26, 20230

The Osun State Governor, Senator Ademola Adeleke, has suspended the Rector of the Osun State Polytechnic, Dr Tajudeen Odetayo, in the light of corruption allegations levelled against him. According to a July 11, 2023 memo by the Permanent Secretary, Ministry of Education, Muritala Jimoh, addressed to the Acting Registrar of...

Report: Excess crude account unchanged despite NNPCL’s N907bn FAAC remittance

NewsDeskNgJul 26, 2023July 26, 20230

The balance in the Excess Crude Account has remained stagnant at about $474m in the last two years despite remittance of N907bn to the Federal Account Allocation Committee by the Nigerian National Petroleum Company Limited. The NNPCL had resumed remittances to FAAC in June after failing to do so due...

No Student’ll Graduate From UniAbuja Without Having A Registered Company – VC

NewsDeskNgJul 26, 2023July 26, 20230

The Vice Chancellor of the University of Abuja, Prof. Abdul Rasheed Na’Allah, says it has become compulsory for every student of the institution to register a company as a pre-requisite for graduation. Addressing journalists on some of his administration’s achievements in the last four years, Na’Allah said his team had...

Speaker Abbas Marks Colleague’s Birthday In Grand Style

NewsDeskNgJul 25, 2023July 25, 20230

In his customary fashion, the Speaker of the House of Representatives, Rt Hon Tajudeen Abbas, Tuesday, took out time to celebrate the birthday of one of his colleagues. Rt Hon Abbas led fellow members to mark the birth anniversary of Hon. Ajiya Abdulrahman representing Abaji/ Gwagwalada/ Kuje/ Kwali Federal Constituency....