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President Tinubus’s wife to empower women with N1.8bn

President Tinubu’s wife on Thursday during the symbolic presentation of food items to Internally Displaced Persons Living with Disabilities and vulnerable people in Benue State said that no fewer than 37,000 women across the country are expected to benefit from the Renewed Hope Initiative re-capitalisation grant. Represented by the wife of the Vice President, Mrs …

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GOV. OTI Assigned Portfolios To Newly Appointed Commissioners

The Executive Governor of Abia State, His Excellency Dr. Alex Otti, OFR, has assigned Portfolios to the newly appointed commissioners who were sworn-in yesterday. The Governor further effected a minor reshuffle of his Cabinet and created a few more ministries. The New Composition of the State Executive Council is as follows: 1.⁠ ⁠Mr. Ikechukwu Uwanna …

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Customs implements duty-free import of food items

The Nigeria Customs Service has been directed to start the implementation of the zero per cent import duty and exemption of Value-Added Tax on basic food items after President Bola Tinubu gave approval. The Ministry of Finance confirmed Tinubu’s approval in a letter to the Nigeria Customs Service dated August 8, 2024. Subsequently, the Comptroller-General …

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Road accident claims 11 lives in Aba

The Federal Road Safety Corps, Abia State Sector Command, on Wednesday night, confirmed a road traffic crash that occurred at Arungwa Village, opposite Arab Contractors Construction Company on the Port Harcourt-Enugu Expressway. According to the Abia FRSC Corps Commander, Ngozi Ezeoma, in a statement issued late Wednesday, “The crash involving a Nissan Caravan commercial bus …

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Nigeria and Equatorial Guinea president sign gas pipeline agreement

President Bola Tinubu and President Teodoro Mbasogo of Equatorial Guinea have signed an agreement on a gas pipeline for Gulf of Guinea. The president’s spokesman, Ajuri Ngelale disclosed this in a statement on Thursday, August 15. He said the agreement on the Gulf of Guinea gas pipeline project was signed on Wednesday, August 14. According …

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Report says Nigeria’s infation drops for the first time since 2022

Nigeria’s inflation fell to 33.40 percent in July 2024 from 34.19 percent in June on a year-on-year basis. This is the first time the country’s inflation has cooled down since December 2022 when it stood at 21.34 percent. The National Bureau of Statistics disclosed this in its latest Consumer Price Index and Inflation for July …