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FG is set to forfeit N188.37b over the suspension of the food tariff. NewsOnline Nigeria reports that the Nigeria Customs Service (NCS) said the Federal Government’s directive for the suspension of a six-month food tariff can result in the forfeiture of N188.37 billion in revenue. This Nigeria news platform understands that NCS Comptroller -General Adewale Adeniyi broke the news in his keynote address on “Facilitating food trade through Customs Process: Best Practices for Nigeria” in Abuja. After giving an analysis of the previous cost implications of the tariff on food, he said: “These figures highlight the significant revenue implications of the new policy.…
FG has commenced the implementation of the Naira Crude Sales Initiative for local refineries. NewsOnline Nigeria reports that the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has convened a high-level meeting in Abuja aimed at ensuring the full implementation of President Bola Ahmed Tinubu’s directive for the Nigerian National Petroleum Corporation Limited (NNPCL) to sell crude oil to local refineries in Naira, rather than in foreign currency. This Nigeria news platform understands that the initiative represents a significant policy shift designed to bolster the Nigerian economy by reducing the dependency on foreign exchange for critical domestic operations. By mandating…
Binance Executive, Tigran Gambaryan’s health has deteriorated in detention. NewsOnline Nigeria reports that Yuki Gambaryan, the wife of detained Binance executive Tigran Gambaryan, has issued a heartfelt plea to the Federal Government, urging them to release her husband on humanitarian grounds before his deteriorating health takes a further toll. This Nigeria news platform recalls that Tigran Gambaryan and his colleague, Nadeem Anjarwalla, who is currently at large, were apprehended in February on charges of exploiting Nigeria’s currency through their cryptocurrency platform. The Federal Government has stated that Binance is not registered in Nigeria, has not paid taxes in the country, and has been operating…
Former Argentina striker, Sergio Aguero, has claimed Arsenal are the team to beat this new season. The Gunners have finished runners-up behind Aguero’s former club, Manchester City, for two consecutive years. Pep Guardiola’s men have also won the title in the last four campaigns. But speaking ahead of the new season, Aguero quoted by Arsenal News Central, said: “Arteta has also promoted a process to congeal his playing style – he knows what type of game he wants his side to play, and the players are able to materialise it better by the day. “The last two seasons were proof…
President Tinubu has paid over three years minimum wage arrears. NewsOnline Nigeria reports that the Federal Government has settled the outstanding minimum wage arrears for the staff of the Nigerian Meteorological Agency (NiMet), covering a period of 3 years and 9 months. This payment resolves a long-standing issue dating back to 2019, which had caused tensions between NiMet’s management, its employees, and labour unions.The Director General of NiMet, Professor Charles Anosike, expressed gratitude to President Bola Tinubu for authorizing the settlement of these arrears. The unions had initially planned to initiate a strike on May 20, 2024, but this action was halted after…
The Vice President has resigned in a drastic turn of events. NewsOnline Nigeria reports that Iran’s Vice-President Mohammed Javad Zarif has resigned, leaving President Massud Pezeshkian’s cabinet just 11 days after his appointment. “I am not satisfied with my work and regret that I have not been able to fulfill expectations,” the moderate politician said on his X platform. Iran’s Vice-President Mohammed Javad ZarifZarif hinted that the selection of ministers for Pezeshkian ‘s new cabinet had been the reason for his decision.According to Zarif, at least seven of the 19 ministers nominated were not his first choice. Zarif’s withdrawal is the second crisis for…
Details of how to check 2024 WAEC Results on your phone (Step-By-Step Guide) can be accessed below. NewsOnline Nigeria reported that the West African Examinations Council has released the results for the 2024 West African Senior School Certificate Examination for school candidates. The examination body announced this in a post on X on Monday. The post read, “The West African Examinations Council is pleased to inform candidates who sat WASSCE for school candidates, 2024 that the result has officially been released today, Monday, 12th August 2024.” NewsOnline Nigeria in this report outlines how to check the results via SMS and the website:How to check…
ABUJA, NIGERIA – The APC-USA Chapter has congratulated Dr. Abdullahi Umar Ganduje, APC National Chairman, on his one-year anniversary in office. In a letter signed by Adesegun Labinjo, Ph.D., National Chairman of APC-USA Chapter, Ganduje was commended for his sound, effective, and credible leadership. The APC-USA Chapter also appreciated Ganduje’s unwavering support for President Bola Ahmed Tinubu and his administration. The letter highlighted the warm hospitality extended to the chapter during their recent visit to Abuja. Ganduje’s leadership has been instrumental in strengthening the party’s presence in the diaspora. The APC-USA Chapter expressed their honor in being part…
On Wednesday, August 7, 2024, Nigerians were presented with another sad moment when news filtered that no fewer than 25 persons reportedly lost their lives in two separate boat accidents in Jigawa and Bayelsa states. The development was not pleasant to many Nigerians who expressed worry over its frequency. “This has become a recurring decimal and it is unacceptable. Nigerians cannot continue to die like animals because the government has refused to do its job. “It is a sad development and I just hope that those charged with the responsibility of ensuring the safety of water travellers would sit up…
Ndi Nne pair has been evicted from BBNaija Season 9. NewsOnline Nigeria reports that Ndi Nne Pair has been evicted from the Big Brother Nigeria (BBNaija) season 9 edition. The post BREAKING: Ndi Nne Pair Evicted From BBNaija Season 9 appeared first on NewsOnline Nigeria.