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As economic hardships continue to grip the nation, Nigerians are keenly awaiting potential policy changes from President Bola Tinubu’s administration that could lead to significant reductions in food commodity prices. The recent surge in food prices has pushed many citizens to the brink, with incidents of individuals raiding warehouses and trucks to secure essential foodstuffs […]
The post Price Of Bag Of Rice, Beans, Other Food Commodities This Week appeared first on Naija News.
The Lagos chapter of the Labour Party (LP) has urged the Bola Tinubu-led Federal Government to reconsider its decision to hike the tariff payable by some electricity consumers in the country. Naija News recalls the federal government, via the Nigerian Electricity Regulatory Commission (NERC), on April 3rd, approved an increase of 300 per cent in […]
The post Electricity Tariff Hike Would Worsen Economic Hardship – Labour Party appeared first on Naija News.
The militants, reportedly en route to repair their motorcycles, fell into an ambush set by the troops, sparking a fierce gunfight.
The operation, based on precise intelligence, allowed the army to intercept the terrorists effectively. During the encounter, the soldiers engaged the terrorists, resulting in the death of three and the confiscation of several weapons.
The Nigerian Army disclosed this triumph in a recent post on its X (formerly Twitter) handle, highlighting the success of the troops in the ongoing battle against insurgency in the region.
The encounter at Kidandan Village underscores the heightened efforts of the Nigerian Army to combat terrorist activities in Kaduna State and its environs.
This latest clash is part of a broader counter-terrorism operation aiming to dismantle the networks and capabilities of insurgent groups threatening the peace and security of the region.
The post read, “In a recent successful counter-terrorism operation, Nigerian Army troops have neutralised a group of terrorists in an ambush operation in Kaduna State. Acting on credible intelligence, the troops targeted the terrorist group, known for using motorbikes to carry out nefarious activities in the region.
“During the operation on Friday, April 4, 2024, around Kidandan Village, Giwa Local Government of Kaduna State, the troops engaged the terrorists in a gun battle, neutralising three of them. The terrorist group was in transit to repair their motorbikes, which they used as mobility when unleashing their acts of terror on the populace in Kaduna State and across the Northwest region.
“The operation also led to the recovery of one AK-47 rifle, one stock AK-47 rifle, four motorbikes, and one Motorola radio.
“The Nigerian Army remains committed to the ongoing counter-terrorism, counter-insurgency operations to ensure the safety and security of the populace.
“We therefore enjoin members of the public to continue to support Nigerian Army troops and other security operatives as they continue to strive to mitigate security challenges in the country.”
The post Soldiers Kill Three Terrorists In Kaduna appeared first on Naija News.
The Nigerian National Petroleum Company Limited (NNPC) on Friday said it had fixed the glitch in petrol supply in the past few days in Lagos. This was just as the
The post NNPC Says Shortfall in Petrol Supply Fixed, Urges Against Panic Buying In Lagos appeared first on Arise News.
Dele Alake has advised mining companies to emulate the international best practices of Segilola gold project to develop the sector.
The post Solid Minerals Minister Dele Alake Pledges Federal Support For Local Content In Mining Operations appeared first on Arise News.
She claimed that Burna Boy is “fake” and lacked integrity.
Ladipo stated this in a teaser for the upcoming episode of the Bahd And Boujee Podcast, which is co-hosted by reality star, Tolanibaj, and actress, Moet Abebe.
Ladipo stated that she prefers Wizkid and Davido to Burna Boy.
The veteran broadcaster said, “I would drag Burna Boy to the trenches. He is fake. Burna Boy has no integrity. What the f*ck is money? Integrity is much more important than money. That is why I am a big fan of Wizkid and Davido.”
Nigerian legendary singer, Innocent Ujah Idibia, better known as 2baba or 2face, has joined the conversation about the status of his junior colleague, Dami Ogulu, professionally known as Burna Boy, in the music industry.
Naija News reports that some music enthusiasts have been discussing about Burna Boy, Davido, and Wizkid regarding who is bigger on the national and international scene.
In a post via his Instagram story on Tuesday, 2face showered accolades on Burna Boy, stating that the ‘City Boy’ crooner has worked, proven, and stamped himself as one of the greatest music icons in the industry.
According to 2baba, whether people hate or love Burna Boy does not change the facts about him in the music industry.
He wrote, “Call this my talk anything u like. This young man has worked, proven, and stamped himself as one of the greatest music icons. Hate him or love him. E no go change fact. Kudos to everyone that is part of making this fact happen. Oluwa Burnafide.”
The post I Would Drag Burna Boy To The Trenches, He Is Fake – Shade Ladipo appeared first on Naija News.
Naija News reports that Agbakobo made this known in a lengthy post via X on Friday, stating that Nigeria’s economy has gone through challenging times since the current administration of President Bola Tinubu assumed office.
He referenced the high food inflation, subsidy removal, Naira depreciation, and the exit of some companies, which resulted in mass joblessness.
However, Agbakobo said the economy is experiencing a turn due to the efforts of just two people: Aliko Dangote, CEO of Dangote Group, and Allen Onyema, CEO of Air Peace Airlines.
He said the forex market reacted to Dangote Refinery, commencing sales of diesel and Air Peace flying to the UK, as the Naira strengthened against the dollar.
The former NBA chairman opined that the much-needed relief for Nigerians will occur if this trend continues.
He further urged the government to withdraw from business, stressing that the nation must move from consumption to production immediately.
In the post titled, ‘IS THE ECONOMY BEGINNING TO TURN?’, Agbakoba said, “Nigeria’s economy has gone through very challenging times over the past year. Inflation reached 28.92% in December 2023, the highest in 27 years. Food inflation rose to 33.93% in December 2023.
“The Naira depreciated significantly, losing 25% of value in a single day in June 2023 when the government removed pegging to the US dollar. This made imports much more expensive.
“Removal of fuel subsidies in May 2023 caused petrol prices to jump by 196% practically overnight, from ₦189 to ₦557 per litre. Prices went through the roof!
“According to the World Bank, accelerating inflation pushed an additional 24 million Nigerians into poverty in the first five months of 2023. By late 2022, 63% of Nigerians (133 million people) were considered multidimensionally poor.
“Major foreign companies like Procter & Gamble, GSK, and Bayer stopped manufacturing and scaled back operations in Nigeria, due to tough operating environment. This resulted in massive job losses.
“However, there may be signals the economy may be turning?
“Dangote refinery commenced sales of diesel, significantly increasing supply and crashing prices significantly. Diesel prices dropped from about ₦1,700 per litre to around ₦1,350 per litre. This was just by pumping 100 million litres. Dangote plans to pump another 100 million litres. Diesel prices may dip below N1000. Dangote announced plans to begin sale of Premium Motor Spirit (PMS) by May. This will significantly bring down prices. Experts predict petrol prices to crash by at least 25% to N400.
“Additionally, @flyairpeace, with the support of Festus Keyamo, Minister of Aviation, finally broke through the reciprocity barrier in aviation. Air peace is now flying to the UK. Ticket prices monopolized by British Airways and Virgin Atlantic crashed by at least 60%.
“The forex market reacted to all these. The Naira strengthened against the dollar. Experts suggest the price of the dollar may well fall below ₦1000 in the coming months. If this trend continues, much-needed relief for Nigerians will occur. The Central Bank of Nigeria may potentially review the Monetary Policy Rate (MPR) by Q4.
“It is notable that the turning points now witnessed in the economy, is the work of just two persons (Dangote and Onyema). Imagine what 10, 20 or 50 private sector individuals can do. This raises the issue of putting the private sector at the center of economic development. Government must withdraw from business. We must move immediately from consumption to production. Q4, 2024, may look on the bright side but it is still early days.”
The post Hardship: ‘Two Nigerians Responsible For Recovering Economy Revealed’ appeared first on Naija News.
Naija News reports that Aiyedatiwa spoke through the state Head of Service, Bayo Phillip, during the flag-off of the year 2024 promotion exercise for civil servants in the state.
Philip said the state government would not tolerate public servants participating in partisan politics, hence charged them to stay clear from any form of election campaigns.
The Head of Service urged them to focus on their jobs and sustain the integrity of the service.
He said, “l must also tell you. This is an election year. Do your job. You are civil servants and have nothing to do with partisan politics.”
Speaking on the promotion of workers, Philip said that no fewer than 4,200 workers due for promotion would be promoted.
He pointed out that Governor Aiyedatiwa had approved the promotion of all deserving officers with attendant financial benefits.
Philip appreciated the government for the gesture and urged the beneficiaries to reciprocate by giving their best in service delivery, adding that to whom much is given, much is expected.
Meanwhile, the National Vice Chairman of the All Progressives Congress (APC), Isaac Kekemeke, has declared his intention to join the Ondo State governorship race.
Kekemeke made the declaration on Tuesday at the Nigeria Union of Journalists (NUJ) Press Centre in Akure, ahead of the party’s primary slated for April 20, 2024.
Recall that Kekemeke also aspired to be the governor of the state in 2020, but lost the ticket of the party to the late former Governor Rotimi Akeredolu.
Speaking during the declaration, Kekemeke said he was better equipped for the governorship race than he was four years ago when he contested.
The APC stalwart added that he has gained enough experience to enable him to lead the state to a place of socio-economic prosperity and peace.
Kekemeke said his ambition to become the state governor was not born out of trivial and momentary impulse but out of his conviction of building a better state.
The post 2024: ‘Do Your Job, You Have Nothing To Do With Partisan Politics’ – Aiyedatiwa Warns Civil Servants appeared first on Naija News.
Governor Fubara says he’ll surprise those who think his adherence to President Tinubu’s peace pact in Rivers State is weakness.
The post Rivers Political Crisis: I Will Shock My Detractors, Governor Fubara Warns appeared first on Arise News.
Noma is a rapidly progressing and often deadly gangrenous infection of the face. Horrifically, it mainly affects very young children