…Delta Second, Lagos Third Ogun, Delta and Osun States have topped the list of states with the highest number of universities in Nigeria, The PUNCH reports. This is according to data obtained from the National Universities Commission. The NUC regulates ...
Read More »Yearly Archives: 2022
FG must Stop Borrowing For Consumption – Obi
The presidential candidate of the Labour Party, Peter Obi, has said the Federal Government must stop borrowing for consumption. Taking to Twitter on Thursday, the former governor of Anambra State lamented that states that received bailouts failed to repay the ...
Read More »Malami, NGF On Collision Course Over $418m Deductions
The Attorney-General of the Federation and Minister of Justice, Abubakar Malami, may be on a collision course with the Nigerian Governors Forum for insisting on the deduction of $418m Paris Club refund from the federation account. Speaking to State House ...
Read More »FG Hasn’t Informed ASUU Of Cash Crunch – Osodeke
Striking Academic Staff Union of Universities has said the government has not at any time indicated that it does not have money to fund the union’s demands and university education. The union was reacting to recent comments by the Minister ...
Read More »Colleges Of Education Lecturers Suspend Strike
… Gives government cool-off period of 60 days to perfect the progress Nigerian lecturers under the aegis of the Colleges of Education Academic Staff Union have suspended their ongoing strike for a period of 60 days, The PUNCH reports. The ...
Read More »Seplat’s Takeover Of Exxon Mobil: Buhari Takes Drastic Decision, After Regulator’s Protest, Reverses
President Muhammadu Buhari has rescinded his earlier decision, authorising the acquisition of Exxon Mobil shares in the United States of America by Seplat Energy. The Senior Special Assistant to the President on Media and Publicity, Malam Garba Shehu, confirmed this ...
Read More »ASUU STRIKE: Federal Govt Can’t Borrow N1.1trn To Meet Demands – Umahi
Ebonyi State Governor David Umahi has said despite the genuineness of the five-month industrial action embarked on by the Academic Staff Union of Universities (ASUU), it is unreasonable for the federal government to borrow N1.1 trillion to meet the lecturers’ ...
Read More »China Invents New ‘Langya’ Virus, Dozens Infected
Just as the world is still grappling with the scourge of COVID-19 that originated from China, a new virus identified as Langya henipavirus or LayV has hit the Asian giant. Reports have it that nearly three dozen people in China ...
Read More »FG Borrows N2.45tn From CBN Amid Fiscal Risks
The Federal Government’s total borrowing from the Central Bank of Nigeria through Ways and Means Advances rose from N17.46tn in December 2021 to N19.91tn in June 2022. According to data from the CBN, this shows that the Federal Government borrowed ...
Read More »Nigeria Facing Existential Threat, World Bank Warns
In light of Nigeria’s dwindling revenue, the continued payment of trillions of naira on fuel subsidy by the government and the attendant economic challenges, the World Bank on Wednesday raised the alarm that the country might be facing an existential ...
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