Day: September 19, 2025

2025 Budget: NASS Calls for End to Controversial Contract Circulars

Editor

The National Assembly  (NASS) has called for the withdrawal of all circulars previously issued for contract awards under the 2025 fiscal year. This action coincides with the impending start of the ₦23.9 trillion capital component of the 2025 budget, which is anticipated to continue throughout 2026. The resolutions were made at a meeting held Thursday at the National Assembly between the President’s economic team and the joint committee on appropriations. Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, Senator Atiku Bagudu, the Minister of Budget and…

Shoprite not exiting Nigeria, says firm

Editor

The company that runs the Shoprite franchise in Nigeria, Retail Supermarkets Nigeria Limited, has denied rumors that it is about to leave the country. In response to recent allegations of empty shelves and temporary closures at certain stores, the firm released a statement on Friday. It clarified that the present development was a “reset” of its business model meant to stabilize operations and adjust to the current economic reality, rather than an exit strategy. It claimed to be going through a turnaround program supported by fresh investors in order to…

Rivers: Fubara pledges to continue serving people’s interests

Editor

Siminalayi Fubara, the governor of Rivers State, has promised the state’s citizens that his administration will always act in their best interests. Shortly after his arrival in the State capital’s Government House in Port Harcourt on Friday, Fubara made the assurance. He thanked the people and citizens of the state for their kind reception at the Port Harcourt International Airport in Omagwa, which is located in the state’s Ilwerre Local Government Area. “I know everyone wants to hear something from me,” Fubara said. Even as he expressed gratitude for the…