Chinese firm releases seized presidential jet for Tinubu’s France trip

Chinese firm Zhongshan Fucheng Industrial Investment Co. Ltd. has released one of the three Nigerian Airbus A330 aircraft that were detained in France following a court order from a Paris judicial court. We reported that the firm had seized a Dassault Falcon 7X, a Boeing 737-7N6/BBJ, and an Airbus A330-243 belonging to the Nigerian federal …

Nigerian Govt begins moves to recover presidential jets seized in France

The Nigerian government on Thursday said it has commenced both diplomatic and legal steps to recover the three presidential aircraft seized in France on account of indebtedness. The diplomatic and legal means are being currently explored by the Office of the National Security Adviser, NSA, and the Office of the Attorney General of the Federation, …

NBS reveals 3 most affordable states to live amidst hardship

The National Bureau of Statistics, NBS, said Benue, Delta, and Borno states are the least expensive states to live in Nigeria. NBS July’s Consumer Price Index and Inflation Data released on Thursday showed that Benue, Delta and Borno recorded the slowest rise in headline inflation on a year-on-year basis. Benue’s headline inflation stood at 27.28 …

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 …

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 …

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 …