Day: February 10, 2024

President Tinubu Signs Electricity Act (Amendment) Bill

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President Tinubu Signs Electricity Act (Amendment) Bill President Bola Ahmed Tinubu has given his approval to the Electricity Act (Amendment) Bill, 2024, making it an official law. This significant development was announced in a statement released on Friday (today) by Ajuri Ngelale, the Special Adviser to the President on Media and Publicity. The purpose of the Electricity Act (Amendment) Bill 2024 is to tackle the developmental and environmental issues faced by host communities. The bill will also ensure that five percent of the actual annual operating expenditures of power generating…

Price Of Food Items Will Drop Soon – Says Tinubu’s Minister, Idris

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Price Of Food Items Will Drop Soon – Says Tinubu’s Minister, Idris The price of food items in the market is expected to drop soon, says Nigeria’s Minister of Information and National Orientation, Mohammed Idris. It is worthy of note that there has been outrage from different quarters across the country following the recent surge in food prices, which has posed significant challenges for citizens. The development has prompted protests in various regions of the country. In response to this pressing issue, President Bola Tinubu has instructed the Ministry of…

CBN releases updated rules for consumer protection.

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CBN releases updated rules for consumer protection. Yesterday, an exposure draft of the revised consumer protection regulations was released by the Central Bank of Nigeria or CBN. The legislation was established, according to the apex bank, because of the substantial changes in the financial sector that expose customers to new risks and obstacles. “Protecting the interests and guaranteeing enhanced protection of consumers in the dynamic financial services environment mandated the review of the 2019 Consumer Protection Regulations,” the CBN declared. The CBN therefore issues the amended Consumer Protection Regulations following…

After South Africa’s triumph, the Super Eagles conduct a moment of silence in memory of the victims.

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After South Africa’s triumph, the Super Eagles conduct a moment of silence in memory of the victims. On Thursday night, the Super Eagles observed a minute of silence in remembrance of the Nigerians who lost their lives during Nigeria’s semi-final encounter against South Africa. Four people lost their lives on Wednesday night while watching the semi-final match of the 2017 Africa Cup of Nations (AFCON), according to the News Agency of Nigeria (NAN). Among them are Dr. Cairo Ojougboh, a prominent figure in the ruling All Progressives Congress (APC); Ayuba…

A Kaduna guy requests N7 million in order to get his divorce

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A Kaduna guy requests N7 million in order to get his divorce On Thursday, Hadiza Aliyu, the wife of a civil servant named Jamilu Zuntu, sought N7 million to approve her plea for a divorce. Hadiza is requesting a divorce from her husband at a Magajin Gari, Kaduna, Shari’a court after three years of marriage. He reported to the court that over the course of two and a half years, he had spent N2.5 million on her schooling. “I paid for other traditional rites and bought boxes of clothes worth…

How I battled to kick a drug addiction and lost money – Timaya

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How I battled to kick a drug addiction and lost money – Timaya Inetimi Alfred Timaya Odon, a.k.a. Timaya, is a Nigerian singer who has been candid about his battle with drug addiction. The ‘Dem Mama‘ singer said that some individuals who were staying at his house introduced him to narcotics. Timaya claimed in a recent interview with The Beat 99.9 FM in Lagos that he lost a lot of money and developed heroin addiction. “I am not a saint,” he said. I’ve engaged in drug use. Quitting drugs was…