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Our Problems Are Now Compounded — FG

 TONY EZIMAKOR;INNOCENT OWEH;TOYIN ADEBAYO ABUJA – Boss Mustapha, Chairman of the Presidential Task Force on COVID-19 Re­sponse, has lamented the multiple-pronged attack the coro­navirus pandemic has unleashed on the country, simultaneously attack­ing her health and wealth. Addressing journalists on Tues­day in Abuja on developments around the pandemic in the wake of the lockdown pronounced on

Cross River Stops 35 Americans From Entering State

LAGOS – The Cross River State government on Mon­day stopped 35 Ameri­cans from entering its state following the ravaging COVID-19 pandemic, which has collapsed several of the world’s economies. This is as the U.S. govern­ment plans to evacuate its citizens from Nigeria any moment from this week as a result of the disease. A source

NERC Suspends Electricity Tariff Increase

The Nigerian Electricity Regulatory Commission (NERC) has directed electric­ity distribution companies (DisCos) in the country to suspend the proposed tariff increase. In January, the regulator had announced that there would be an upward review of electricity tariff across the country from April 1. But in a memo on Tues­day, the commission said the adverse effects

Reps Donate Two Months’ Salary To Fight COVID-19

 AHMED MUSA; UBONG UKPONG ABUJA – The 360 lawmakers in the House of Rep­resentatives have resolved to donate their two months’ salary to the fight against COVID-19 pandemic in Nigeria, the Speaker, Femi Gbajabiamila, has announced. The two-month salary do­nation, the speaker said, will be independent of the con­tributions by individual law­makers to alleviate the

Despite COVID-19 Turmoil, MTN To Move Ahead On Nigeria Stock Sale

MTN Group Ltd. will push on with a plan to reduce its majority stake in the wireless carrier’s Ni­gerian business, though turmoil caused by the coro­navirus may require the sale to be done in smaller chunks than anticipated, reports Bloomberg. The impact of the pandem­ic on international financial markets doesn’t change the importance of selling

APC, PDP Lawmakers Are United When It Comes To Sharing Money – Sagay

 Prof. Itse Sagay (SAN), Chairman of the Presidential Advisory Committee Against Corruption (PACAC) in this interview with TEMIDAYO AKINSUYI, speaks on the efforts by the Federal Government to tackle the COVID-19 pandemic and other related issues. Excerpts:  What is your assessment of the speech made by President Muhammadu Buhari on Sunday night detailing the plans

How Sanwo-Olu’s Economic Stimulus Package Ended In Politicians’ Homes

LAGOS  – In a bid to cushion the effects of the stay-at-home directive initially given by the Lagos State government to stop the spread of the deadly Coronavirus, codenamed COVID-19, the Lagos State Governor, Mr. Babajide Sanwo-Olu on Friday, March 27, 2020, unveiled an economic stimulus package for the indigent and the most vulnerable in

COVID-19: NIAS Urges Govt To Save N16trn Poultry Industry From Collapse

ABUJA  – The Nigerian Institute of Animal Science (NIAS) has appealed to the government to ensure that the N16trillion worth of investment in the poultry industry is not allowed to collapse amidst Covid-19 ravaging Nigeria and the world at large.  The NIAS has also called on the government to ensure that the livestock industry was

Oil Prices Record 17-Year Low As Coronavirus Spreads

 Oil prices extended losses yesterday and languished at 17-year lows, with the coronavirus crisis escalating around the world and no end in sight to a vicious price war.  US benchmark West Texas Intermediate, WTI, fell 5.3 percent to trade at $20 a barrel, while International benchmark Brent crude was off 6.5 percent at $23.  The

COVID-19: CISLAC Demands Accountability Of Donated Funds

 The Civil Society Legislative Advocacy Centre (CISLAC) and Transparency International (TI) yesterday called on governments at all levels to show accountability of the utilisation and distribution of funds donated to the country by both public and private organisations in the country and beyond to combat the COVID-19 virus pandemic.  This is as the organisations commended

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