The Federal Government has removed the subsidy on petrol.
The Minister of State for Petroleum Resources, Dr Ibe Kachikwu announced the decision on Wednesday in Abuja after a prolonged meeting with stakeholders.
With this development, marketers can now source their own products and determine their own prices but must adhere to the approved quality standards.
A price ceiling of N145 was however approved to guarantee adequate profits for marketers...
Wednesday, 11 May 2016
A suicide bomber was intercepted and neutralized by a combined team of troops of 7 Division Garrison and Civilian JTF just as he was about to enter Suleimanti mosque near Maiduguri to attack worshippers in the early hours of Wednesday.
A team of Explosive Ordnance Device, EOD personnel was on hand to detonate the unexploded remainder of the explosive devices on the suicide bomber.
Five worshippers were injured in the failed attack.
Army spokesman,...
Photo of President Muhammadu Buhari speaking at the Tackling Corruption Together Conference.
He told the conference that what he needed from Britain was the return of Nigeria's stolen funds stashed in that country, not an apology over David Cameron's gaffe.
The British Prime Minister had told the Queen in a conversation that Nigerian and Afghan leaders were fantastically corrupt.
"I am demanding return of our assets, not apology. What I...
Only Ministries, Departments and Agencies, MDAs with development plans will have access to the N350b earmarked by the Federal Government for capital projects in the second quarter of 2016, says the Minister of Finance, Mrs Kemi Adeosun.
The fund is seen to be Federal Government's effort to affirm its commitment to fully implement the 2016 budget, in spite of its late signing into law.
However, Daily Sun reports that MDAs may frustrate the Federal...
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