The National Union of Pensioners FBN Unit has accused the management of FirstBank of Nigeria of continual refusal to comply with court orders, pension reforms, and signed agreements. In a press statement issued on Monday, the union’s National Chairman, Pastor Gimbason John, criticised FirstBank for its flagrant disregard for the rights of its former employees….
Oil marketers are concerned about the delay in announcing the price of Premium Motor Spirit, popularly called petrol, being produced by the Dangote Petroleum Refinery, as they noted that the landing cost of imported PMS is now about N1,120/litre. Dealers stated that a high PMS price from the Dangote refinery would lead to the importation…
Market forces will create crisis, OPS warns NNPCL Oil marketers have yet to commence the loading of Premium Motor Spirit, popularly called petrol, despite assurances by the Federal Government that the commodity will be available this weekend. Saturday PUNCH gathered that though some PMS vessels had arrived in the country at the NNPC’s Apapa and Port…
By Hussein Ismail BROADCAST BY HIS EXCELLENCY BOLA AHMED TINUBU, PRESIDENT AND COMMANDER-IN-CHIEF OF THE ARMED FORCES OF THE FEDERAL REPUBLIC OF NIGERIA ON THE NATIONWIDE PROTEST DATE: SUNDAY 4TH AUGUST 2024 My fellow Nigerians, 1. I speak to you today with a heavy heart and a sense of responsibility,…
By – Arthur Nwakanma Renowned human rights lawyer, activist and senior advocate of Nigeria, Femi Falana, has bemoaned the economic problems bedevilling the country with the attendant hardship, unemployment, misery and poverty on vast majority of Nigerians. He unequivocally placed the blame on the footsteps of IMF and World Bank whose draconian and obnoxious…
By – Arthur Nwakanma. The country is going through harsh economic conditions due to government genuine efforts to rejig the economy for better performance and growth. This calls for concerted efforts by all and sundry to weather the challenges. The aftermath of this in the short run is the hardship witnessed a vast majority of…
Ports Efficiency: Ministers of Marine &BE, Transportation and Customs CG meet over ports decongestion … Charges CG to enforce use of scanners As part of efforts to ensure ports efficiency and competitiveness, the ministers of Marine and Blue Economy, Adegboyega Oyetola, Transportation, Senator Said Ahmed Alkali and CG Customs, Bashir Adeniyi met on Monday and…
The United Nations on Wednesday said the global unemployment rate would increase slightly in 2024. It said an extra two million workers are expected to be looking for jobs in 2024, raising the global unemployment rate to 5.2 per cent. The UN, through its labour arm, International Labour Organisation, also raised concerns about stagnant productivity,…
•How EFCC ordered 52 firms to submit forex allocation forms from 2014 to 2023 Operatives of the Economic and Financial Crimes Commission on Thursday stormed the headquarters of Dangote Industries Limited in Ikoyi, Lagos, in furtherance of the ongoing investigation into the alleged abuse of the foreign exchange allocations by the immediate past Governor of…
The Nigerian National Petroleum Company Limited has commenced the supply of crude oil for the test-running of the Port Harcourt Refining Company Limited, the NNPCL officials told The PUNCH on Sunday. Oil marketers confirmed the development and stated that the plant would supply refined Premium Motor Spirit, popularly called petrol, Automotive Gas Oil, otherwise known…
