The Independent Petroleum Marketers Association of Nigeria has opposed the plan by President Bola Tinubu to enforce his predecessor’s decision to remove fuel subsidy by June ending. Tinubu had earlier on Monday, in Abuja, affirmed that his administration would not continue to pay subsidy on petroleum products. He said given the high opportunity cost the Federal Government was suffering to fund subsidies, it was no longer justifiable to continue. “The fuel subsidy is gone!” Tinubu exclaimed during his inaugural address at Eagle Square, Abuja, shortly after he was sworn-in as the 16th President of Nigeria. The President said “Subsidy can…
Author: Lilian Azuh
Media tycoon and founding Chairman, Daar Communications Limited, Raymond Dokpesi, is dead. His death as confirmed in a statement on Monday by his son and Chairman of Daar Communications, Raymond Dokpesi Jnr. Here are 15 facts to know about late Dokpesi 1. Name: Raymond Aleogho Anthony Dokpesi 2. He was Born on October 25, 1951, in Ibadan 3. The media tycoon had his primary education at Ebenezer African Church School and proceeded to Immaculate Conception College in Benin City for his secondary school education. For tertiary education, Dokpesi attended the University of Benin before travelling abroad for Masters and doctorate…
President Bola Tinubu, has promised to revisit the naira redesign policy of the Central Bank of Nigeria (CBN). On Monday,Tinubu, who said this in his inaugural speech in Abuja, that his administration would treat both the old and the new naira notes as legal tender. He said that the policy was harshly applied by CBN, given the number of unbanked Nigerians. Tinubu said, “Whatever merits it had in concept, the currency swap was too harshly applied by the CBN”. He said, that the country’s monetary policy needed thorough housecleaning. He urged the CBN to work toward a unified exchange rate.…
There is more progress to come as Lagos State steadily journeys into the unfolding dispensation, Governor Babajide Sanwo-Olu reassured Lagosians as he took the oath to kick off his second term, on Monday. The morning downpour could not water down the Governor’s will and determination to renew his pledge to Lagos citizens before whom he stood at the amphitheatre of Tafawa Balewa Square, where the Chief Judge of the State, Justice Kazeem Alogba, administered the oath on him. Sanwo-Olu was sworn in at exactly 11:50am, after which the Governor stepped forward to give thorough account of stewardship of his first…
Mrs. Noimat Folashade Okoya does not only epitomize brains and beauty, she is also aperfect example of an awesome dresser and dazzler.Unarguably one of Nigeria’s best dressed and most beautiful women. The 46-year-old motherof four (Subomi, Wahab, Olamide and Oyinlola), unknown to many, has been married to billionaire mogul and Aare of Lagos, Alhaji Rasak Akanni Okoya for 24 solid years and together they’ve been savouring marital bliss.A sociology graduate of the University of Lagos, and currently the managing director of Eleganza Industrial City Limited, situated in the Ibeju-Lekki area of Lagos State, she chatted SOLIDNEWSNG Online Magazine’s AZUH LILIAN…
In what will be recorded as a historic occasion in the worlds of entertainment and finance, globally acclaimed Nigerian music artist, Davido met with Wema Bank’s Managing Director and Chief Executive Officer, Moruf Oseni, to explore opportunities for collaboration and transformation between the finance and entertainment industries. The momentous meeting of minds took place at the bank’s headquarters in Marina, Lagos and according to Oseni, signifies the convergence of visionary leadership, creative brilliance, and a shared commitment to innovation. Wema Bank Plc, a leading financial institution in Nigeria, recently welcomed a new Managing Director, injecting fresh perspectives and a dynamic…
Head turns at the (AMVCA), 9th edition, well dressed female celebrities. Ballgowns and Cinderella Outfits. #MostStylish #AMVCA #Ballgowns #Celebrities #Standout #NinethEdition
Africa Magic Viewers Choice Awards, (AMVCA), 9th edition. These category consists of elegance, confidence and oomph.
The Economic and financial Crimes Commission, Enugu Zonal Command, on Thursday, May 25, 2023, secured the conviction of nine internet fraudsters before Justice F. Riman of the Federal High Court sitting at Akwa, Anambra State. They were convicted on charges bordering Impersonation. The Convicts are Isiwu Emmanuel Chidiebere, Ugwu Anthony Nnaemeka, Igwe Chidiebere Alexandra, Victor Ibik, Oti Precious Ikwen, Abumchukwu Maduekwe Dominic, Chinonye Emmanuel Olughu, Ochiaka Charles Somto Nwodo and Amala Godswill Ndubuisi. The charge against Isiwu Emmanuel Chidiebere reads; “that you, ISIWU EMMANUEL CHIDIEBERE sometime in May, 2023 in Enugu, within the jurisdiction of the Honorable Court, fraudulently impersonated one…
As Nigeria celebrates Children’s Day, access to free education and security of school environments topped requests from children to the incoming government of Senator Bola Ahmed Tinubu and Kashim Shettima, which would be inaugurated on May 29. Other priority areas for the children include scholarships, provision of learning aids and recruitment of more teachers. The children also prayed not to experience incessant strikes by the Academic Staff Union of Universities (ASUU) and other related associations when they gain admission into higher institutions. The theme for this year’s celebration is More Money for Primary Education. President Muhammadu Buhari proposed N1.79trillion for…