By Isaac Afolabi The Ondo State Government says it is committed to the welfare of senior citizens in the state with prompt payment of their monthly stipends and payment of Gratuities Governor Lucky Ayedatiwa made this known at the commencement of payment of one point two billion naira Continue Reading
Economy
By Abimbola Bamgbose Ogun State Governor, Prince Dapo Abiodun has appealed to the federal government to approve the operation of the Remo Economic Zone as a Free Trade Zone. The governor, who made the plea when he received the Minister of Industry, Trade and Investment, Dr Doris Uzoka-Anite and her team in his office at […]Continue Reading
By Fasilat Lawal The President General, Senior Staff Association Of Statutory Corporations and Government-Owned Companies, SSASCGOC, Mr Kayode Alakija has debunked the rumour going around that its members will not further benefit from weigh-in allowance. Mr Alakija stated this during a courtesy call on the Zonal Director, Federal Radio Corporation of Nigeria, Ibadan Zonal Continue Reading
By Funmi Ojo Osun State Governor, Senator Ademola Adeleke has harmonized into a single bill the multiple taxes and levies collected by different government ministries, departments, agencies across all business sectors, formal and informal. The Governor’s new initiative was informed by the need to put an end to the incessant challenges of multiple taxation being […]Continue Reading
President Bola Tinubu on Monday afternoon signed into law the 2024 Appropriation Bill at the Presidential Villa, Abuja. Tinubu signed the N28.7tn budget document earlier approved by the National Assembly hours after he arrived in Abuja from Lagos where he spent the past week holidaying. The budget is N1.2tn higher than the budget he proposed […]Continue Reading
By Funmi Ojo Osun State Governor, Senator Ademola Adeleke has signed the 2024 budget into law with a promise to ensure full implementation. The budget is Two Hundred and Seventy-Three Billion, Nine Hundred and Eight Million, Nine Hundred and Ninety-Seven Thousand Naira and Four Hundred and Ten Kobo (273,908,997,410) In a remark, Governor Adeleke said […]Continue Reading
By Omolara Adasofunjo The Year 2024 Appropriation Bill for Ogun State has been passed by the State State House of Assembly. The document was passed as “A Bill for a Law to authorise the issue and Appropriation of the sum of 703 Billion, 28 Million, 13 Thousand, 441 Naira, 64 Kobo Only, from the Consolidated […]Continue Reading
By Iyabo Adebisi Governor Seyi Makinde of Oyo state has signed 2024 appropriation bill of over four hundred and thirty-eight billion naira into law. Governor Makinde while accenting the bill tagged “Economy Recovery” at the Executive Chamber, Agodi, Secretariat,Ibadan described the 2024 budget as a critical one where government has to demonstrate Continue Reading
By Olusegun Folarin As part of efforts to eliminate illegal street trading during the festive period, the Ogun State Government has introduced “Boot Sales Markets” to address the perennial challenge in the state capital, Abeokuta. The boot sales markets, an unconventional markets which allow seasonal traders to take advantage of the festival period to display Continue Reading
The Special Investigator on the Central Bank of Nigeria and Related Entities, Jim Obazee, has indicated that the recent naira redesign wasn’t expressly approved by former President Muhammadu Buhari. Obazee had gathered that the approval came from Buhari’s aide, Sabiu Tunde ‘Yusuf’. This was contained in the investigator’s final report tagged, ‘Report of the Special […]Continue Reading
The Central Bank of Nigeria has cautioned Banks and POS operators against illegal actions affecting the circulation of naira. This comes on the heels of public outcry that the Naira is not accessible to Nigerians. Punch Newspaper The CBN warned parties involved to immediately desist from such acts or face the law, saying there is […]Continue Reading
By Olufisoye Adenitan Ondo State Government says it is fully committed to the completion of the Sunshine Food Processing Company. Acting Governor, Lucky Aiyedatiwa announced this during a courtesy visit by the Chairman of Sunshine Food Processing, Mr Ife Oyedele, The Sunshine Food Processing Factory is an egg powder plant inaugurated under a Public Private Partnership, Continue Reading
By Augustina Okinedo The Ondo State 2024 budget proposal has scaled through a second reading at the House of Assembly. The budget was thereafter committed to the Committee on Finance and Appropriation. The Speaker, Mr Olamide Oladiji then directed that all the Ministries, Departments and Agencies to liaise with the committee for budget defence. Acting […]Continue Reading
By Fasilat Lawal A few days to Christmas, traders in Ibadan the Oyo State Capital have lamented low patronage of food commodities as a result of the hike in price. Radio Nigeria correspondents who visited some major markets in Ibadan such as Bodija, Oja Oba and Apata observed that prices of bags of rice, vegetable […]Continue Reading
By Mojisola Oladele The Osun State House of Assembly has passed the 2024 appropriation bill of N273,908,997,410 appropriation bill into law. This followed a motion by the Majority Leader, Mr Kofoworola Adewunmi who is also a member of the Finance and Appropriation Committee on Thursday, during plenary presided by the Speaker of the House, Prince […]Continue Reading
By Fasilat Lawal Employers of labour have been advised to recognize and appreciate members of staff to boost productivity in their organizations. A trainer at the Industrial Training Coordinating Centre, University of ibadan, Mr Kolawole Fashola made this known during a paper presentation entitled “Understanding Employee Disconnect: Impact on Productivity and Continue Reading
The Nigerian Customs Service announced its intention to place a ban on the sale of second-hand clothes, popularly called Okrika or Gwanjo in local parlance in Nigeria. The move, ostensibly, is to protect local textile producers, according to the Nigeria Customs Service. Imported used clothing, commonly known as second-hand clothing, is clothing that has been […]Continue Reading
By Oghenero Eghweree The Delta State Government has commenced training one hundred and ten facilitators to enrol beneficiaries into the Federal Government’s Renewed Hope Conditional Cash Transfer Scheme. The Delta State Head of the Cash Transfer Unit Mrs. Modupe Osharode, stated this in Asaba, at a One-Day Workshop for Cash Transfer facilitators from the twenty-five […]Continue Reading
By Olusegun Folarin About three hundred and forty-nine, 349, residents of various communities around Dangote Cement Company, Ibese, Ogun State have received economic supports to improve their well-being as part of the company’s Corporate Social Responsibility to the host communities. The Empowerment initiative unveiled during the 2023 Ibese Community Day celebration Continue Reading
By Omolara Adasofunjo Members of the Ogun State House of Assembly have begun a three-day budget retreat meant to interface with members of the state’s economic team and other financial experts towards dissecting the key elements and components of the State 2024 budget preparatory to its passage by the Assembly. Declaring the retreat open at […]Continue Reading
By Kazeem Ayodeji The Ekiti State Government has distributed N50 million to 10,000 vulnerable citizens across the Local Governments and LCDAs in the state as part of its palliative schemes to mitigate the impact of the fuel subsidy removal by the Federal Government. The Commissioner for Budget, Economic Planning and Performance Management, Mr Niyi Adebayo, […]Continue Reading
By Iyabo Adebisi Oyo Government says the 2024 proposed budget will cushion inflation and sustain the state’s economy. The state’s Commissioner for Budget and Economic Planning, Professor Musibau Babatunde said this during a 5-hour 2024 budget breakdown and analysis held at the Conference Room, Ministry of Finance, Secretariat, Ibadan. Professor Babatunde said Continue Reading
By Mojisola Oladele As the Budget defence exercise continues at the Osun State House of Assembly, the Commissioner for Commerce and Industry, Reverend Bunmi Jenyo says efforts are in top gear to give Aiyegbaju International Market a standard facelift. Reverend Jenyo stated this during the ongoing exercise held at the Assembly Complex, Osogbo. He explained […]Continue Reading
By Omolara Adasofunjo Ogun State House of Assembly has passed a resolution requesting that the State Government put machinery in place to check the subtle take-over of Adire Kampala local industry by foreigners. The resolution was passed after the motion moved by the Majority Leader, Mr Yusuf Sheriff and seconded by the Minority Leader, Mr […]Continue Reading
By Folake Oye The Ooni of Ife, Oba Enitan Ogunwusi has emphasised the need for leaders to embrace the use of local products. Oba Ogunwusi made the call in his palace in Ile-Ife when he received two vehicles and three motorbikes from an indigenous vehicle manufacturing company in commemoration of his 8th year on the […]Continue Reading