Author: Vincent Osuwo

President Bola Tinubu has signed the National Students Loan Amendment Bill into law. The President of the Senate, Senator Godswill Akpabio; Deputy Senate President, Senator Jibril Barau; ministers; and important stakeholders in the nation’s education sector all attended the bill’s signing in the State House in Abuja. The new legislation revoked the previous Student Loans (Access to Higher Education) Act of 2023 and re-enacted the Student Loans (Access to Higher Education) Bill of 2004. The executive bill creates the Nigerian Education Loan Fund, a corporate body entrusted with receiving, managing, and investing monies to give loans to Nigerians seeking higher…

Amid the rising cost of goods and services and the high rate of insecurity in the country, Nigerian leaders have been described as “criminals” by a dissatisfied Nigerian. In a statement on X on Wednesday, an X user, simply identified as Folarin (@Folarin_bobo), alleged that Nigerian leaders always make policies that inflict hardship and “impoverish” the populace. Folarin made the statement while reacting to the news of the planned 300% hike in electricity tariffs by the federal. The Bola Tinubu administration is set to increase the electricity tariff by 300 percent to reduce government spending since it can allegedly no…

The Bola Tinubu administration is set to increase the electricity tariff by 300 percent to reduce government spending since it can allegedly no longer afford the huge amount it pays to subsidise electricity annually. A report by Bloomberg on Tuesday disclosed that electricity companies in Nigeria will soon have the government’s say-so to hike tariffs from N68 per kilowatt-hour to N200 per kilowatt-hour for urban consumers in April. Urban consumers occupy about 15 percent of the population and consume 40 percent of the nation’s energy, the report said. The report was based on conversations with multiple government officials who were…

Africa’s prolific businessman and President/CEO of Dangote Group of Industries, Alhaji Aliko Dangote, has been berated over claims he will “worsen the price of fuel” in the country. These were the remarks of an X user simply identified as The Scientist (@idealist90). In a statement on X on Wednesday, the social media user alleged that Africa’s richest man would skyrocket the price of Premium Motor Spirit (PMS) in the country. His comment comes amid jubilation over the reduction of the price of diesel at his privately owned refinery. Chronicle NG reports that Dangote refinery has reportedly started selling diesel at…

Dangote refinery has reportedly started selling diesel at N1,225 per litre, which has led to a drop in prices.  Dangote refinery is expected to begin the sale and supply of premium motor spirit (PMS) by May 2024. According to reports, the cost of diesel at the pump has recently decreased, falling from approximately N1,700 per litre a few weeks ago to around N1,350 per litre in certain areas across the country as a result of the Dangote Petroleum Refinery selling the product. According to plant officials and oil dealers, they sold the product to vendors for between N1,225 and N1,300…

The National Identity Management Commission (NIMC) has suffered severe criticism from Nigerians over alleged extortion. In several comments on X, Nigerians berated the NIMC for allegedly extorting Nigerians over the modification of their data in their National Identification Cards. The NIMC has the mandate to establish, own, operate, maintain, and manage the National Identification Database in Nigeria. The commission also gives room for data modification for those already captured in the database. However, Nigerians have decried the high cost of data modification by the commission. They lamented that the commission charges as much as N16,000 for data modification. They also…

Olaudah Equino has condemned the move by the Lagos state government to demolish Landmark Beach Resort, reportedly owned by Paul Onwuanibe.  In a notice dated March 19, 2024, signed by O. Samuel, Deputy Director, Development Matters Department of the Lagos State government, Landmark Beach Resort, Oniru, Victoria Island, Lagos, was issued a “removal notice on the physical development within the right of way (RoW) of the proposed Lagos-Calabar coastal highway project in Lagos State.” The notice reads, Following the publication of Friday, March 15th, and Saturday, March 16th, 2024, in the two national newspapers; The Nation and The Punch, respectively,…

Transporters and other trade unions in Plateau State, under the aegis of the Plateau State Joint Transport, Traders, and Marketers Association, declared on Tuesday that there would be a sit-at-home day across the state on Wednesday, April 4, 2024.  The group’s spokesperson, Abubakar Garba, announced this at a news conference in Jos, the Plateau state capital, on Tuesday, saying their action was aimed at expressing their opposition to the executive order signed by the state governor, Caleb Mutfwang. Mutfwang had last month signed Executive Order No. 003, 2024, to control the illegal erection of buildings and traffic jams in the…

Super Eagles captain Ahmed Musa has defended himself following a social media uproar over viral video footage depicting his welcome gestures. He framed his actions as a symbol of cultural respect while also advocating for a change in focus on the nation’s critical concerns. Musa’s words follow a video that went viral on Monday showing him shaking hands with the Kano State deputy governor while seemingly ignoring Governor Abba Yusuf, even though he was bowing to him. Musa, in a statement on Tuesday, said, “It has come to my attention that a moment captured almost a month ago has unexpectedly…

Gbolahan Oyedemi, Deputy Commissioner of Police of the Force Criminal and Investigation Department in Alagbon, Lagos State, allegedly committed suicide on Monday in his private residence in Ogbomoso, Oyo State. According to reports, Oyedemi was the Aide de Camp to the late former Governor of the state, Adebayo Alao-Akala, during his 11-month tenure as de facto governor in 2006. A source close to the family informed our correspondent on the phone on Tuesday in Ibadan, the state capital, that Oyedemi, who usually visits his hometown at Easter, ordered his aides over the weekend to go to their respective towns to…