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Featured
Petrol price hike will soon change for the best – Group
Ohanaeze Ndigbo Youth Worldwide has expressed optimism that the recent petrol price hike will soon change for the best, following the economic policies being implemented by the the Federal Government This is contained in a statement in Abuja on Sunday by the Acting National Leader of the group, Mazi Chukwuma Okpalaezeukwu. Okpalaezeukwu commended the ongoing reforms by the Federal Government…
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Featured
Reps committee urge FG, NNPCL to revert to old PMS price
The House of Representatives Committee on Petroleum Resources (Upstream) has demanded the reversal of fuel to old price, urging the Federal Government and the Nigerian National Petroleum Company Ltd. (NNPCL) to comply. Rep. Alhassan Ado-Doguwa, the Chairman of the committee in a statement in Abuja, described the hike in petrol as unacceptable. He said that a situation where private companies…
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Featured
NMA appeals to President Tinubu on fuel price reversal
The Nigerian Medical Association (NMA) has appealed to President Bola Tinubu to prioritise the welfare of Nigerians by urgently reversing the price increase of Premium Motor Spirit (PMS). Its Lagos State Chairman, Dr Babajide Saheed, made the appeal in a statement on Thursday in Lagos. Saheed said such a move would provide the much-needed relief to citizens, especially its members…
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Featured
Reps minority caucus condemn hike in petrol price
The Minority Caucus of the House of Representatives has condemned the recent increase in the price of petrol by the Nigerian National Petroleum Corporation (NNPC). Rep. Kingsley Chinda, the leader of the minority caucus in the House, said this in a statement on Thursday in Abuja. He said that the development was not only ill-timed but also grossly insensitive to…
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Featured
New PMS pump price will push more Nigerians into poverty – economist
An Economic Expert, Dr Sand Mba-Kalu says the fuel price hike by NNPC Ltd. from N617 per litre to N897 litre will push more Nigerians into poverty. The expert said the sudden increase in Premium Motor Spirit (PMS) pump price the Nigerian National Petroleum Company Limited (NNPC Ltd.) was beyond a simple fuel price adjustment. He said that it would…
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Featured
Foodstuff: Cleric cautions traders against price hike
Pastor Eniola Ezekiel of Christ Reign Church, Ilorin, has cautioned traders in the country against arbitrary hikes in prices of foodstuff and desperation to make outrageous profits. Ezekiel stated this in an interview with the News Agency of Nigeria (NAN) in Ilorin on Friday. He urged the traders to be considerate and stop targeting excess profits over the poor masses.…
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Featured
Borno bomb attacks: Tinubu says purveyors will pay heavy price
President Bola Tinubu has condemned the bomb attacks which resulted in loss of lives and maiming of citizens in Gwoza Local Government Area of Borno. Tinubu, in a statement by Chief Ajuri Ngelale, Special Adviser to the President, Media and Publicity, on Sunday, declared that the purveyors of wanton violence would have a certain encounter with justice. He said the…
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Featured
FCCPC urges retailers to promote fair business practices, price transparency
The Federal Competition and Consumer Protection Commission (FCCPC) has urged organisations dedicated to consumer welfare and business-to-customer relationships to promote fair business practices. Its Executive Secretary, Dr Adamu Abdullahi, made the appeal during an engagement between the FCCPC and the National Association of Supermarket Operators of Nigeria/Retail Council of Nigeria on Thursday in Lagos. Abdullahi noted that the commission had…
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Featured
Sallah: Nigerians decry high cost of foodstuff
Some Nigerians living in the Federal Capital Territory (FCT) have expressed worry over continuous increase in prices of foodstuffs and other commodities this Eid-el Kabir festive season. A visit to some markets in the Abuja and its environs showed that the prices of good have continued to rise. Some respondent told the News Agency of Nigeria (NAN) at Dutse Market,…
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News
CBN move to distribute rice in order to crash price
The Central Bank of Nigeria (CBN) and the Rice Farmers Association of Nigeria (RIFAN) have stepped up efforts to reduce rice prices in the face of growing food inflation in the country. CBN stated in a statement on Tuesday evening that it has completed preparations to distribute 27,000 metric tonnes of rice paddy straight to millers throughout the nation on…
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NEWS
How much will the Apple Watch cost?
The Apple Watch, Apple’s new smartwatch has been priced, a release date set, and the first wave of countries it will go on sale in confirmed. With three different editions and multiple strap options how much does it actually cost? When does Apple Watch go on sale? The Apple Watch will go on pre-order on April 10 in Australia, Canada,…
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