Uproar as Senate okays fresh $800m World Bank borrowing

….FG plans N8,000 monthly palliative for 12m poor households …NLC, TUC kick, Experts, stakeholders lampoon palliatives plans, suggest alternatives The Senate has approved President Bola Tinubu’s request for $800 million borrowing from the World Bank. The president’s request was in a letter read by Godswill Akpabio, Senate President, at the plenary on Thursday. Tinubu, in…

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Electricity Tariff Hike Looms As Discos Apply For Rate Review

Eleven successor electricity companies have applied for a review of their respective electricity tariffs, the Federal Government has disclosed. Disclosing this through a notice published by the Nigeria Electricity Regulatory Commission (NERC) on Friday, the Federal Government said the request for rate review is premised on the need to incorporate changes in macroeconomic parameters and…

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Buhari’s ‘jazzed’ 10k brought deeper poverty, pray before accepting Tinubu’s 8k – Shehu Sani Warn Nigerians

Shehu Sani, a former Kaduna Central Senator, has warned Nigerians over the N8,000 palliative from President Bola Tinubu’s administration. Sani said Nigerians should pray before collecting the N8,000 from Tinubu’s administration. He claimed that those who collected the “jazzed” N10,000 under former President Muhammadu Buhari ended up in poverty. Tweeting, Sani wrote: “People who collected…

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Subsidy Palliative: ‘Govt of Renewed Shege’ – Sowore Knocks FG

Human rights activist, Omoyele Sowore has lambasted President Bola Tinubu’s administration. Sowore described Tinubu’s administration as a government of ‘renewed shege’. He made the remark while reacting to Tinubu’s decision to provide palliative care to Nigerians for six month. Tweeting, Sowore wrote: “The govt of #RenewedShege! So, @officialABAT is going to provide palliative of N53…

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Emefiele Has Been Charged To Court – DSS

The Department of State Services (DSS) says it has charged embattled suspended Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, to court. This is sequel to an Abuja High Court order of Thursday, July 13, 2023 that the secret police charge Emefiele to court within one week or release him. Hours after the court…

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