Tomi Lala

DMO Cautions FG Against Borrowing More

The Debt Management Office (DMO) has issued a warning to the Federal Government (FG) against additional borrowing, citing that 73.5% of this year’s revenue will be used to service debt. According to the DMO, this high Debt Service-to-Revenue ratio is unsustainable and poses a threat to debt sustainability. The DMO recommended that the FG focus…

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Shelve This Electricity Tariff Hike, NLC Tells FG

The Nigeria Labour Congress (NLC) has asked the government to shelve plans aimed at increasing electricity tariffs in the country. In a statement by its president, Comrade Joe Ajaero, the NLC said the plan to increase electricity tariff by 40 come July 1st, is both insensitive and callous and reflects an organised indifference to the…

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Akogun Oyewumi Celebrates Dupe Adeleke on 64th Birthday, says she’s ‘Strong Pillar of Support for the State’

Osun West Senator, Akogun Lere Oyewumi has congratulated the president, Adeleke Women of Substance, Chief Mrs Yeyeluwa Modupeola Adeleke Sanni on her 64th birthday describing her as destiny helper. Akogun, in a statement made available to newsmen described her as a courageous and amiable woman, kindhearted and a strong pillar of support for the state….

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Adeleke Goes Memory Lane As Gov Celebrates Sister On Birthday

The Executive Governor of Osun State, Senator Ademola Jackson Nurudeen Adeleke has expressed affectionate gratitude to God for sparing the life of his sister, Chief Mrs Modupeola Adeleke- Sanni as she celebrates her birthday today. Gov. Adeleke in his congratulatory statement to his sister, particularly described the opportunity to celebrate with his sister on her…

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‘Japa’: Our Brain Drain Will Be Brain Gain Tomorrow — Obi Agrees With Bill Gates

The Presidential candidate of the Labour Party (LP) has concurred with American Business Mogul, Bill Gates’s statement that the rapid exodus of young Nigerians and professionals seeking better opportunities overseas is beneficial for the nation. The Microsoft co-founder who was at an interactive session with innovators on Wednesday in Lagos addressed the so-called “Japa” phenomenon…

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IDU Applauds Tinubu On Appointment Of Lagbaja As CoAS

The Ilobu-Asake Development Union has applauded President Bola Tinubu over the appointment of an Ilobu son, Maj. Gen. Taoreed Abiodun Lagbaja as the Chief of Army Staff. This was contained in the statement signed by Pastor Olufemi Salako, National President, Ilobu-Asake Development Union on Wednesday. Salako said the community believes that the professional appointment was…

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