Author: Newsjaunts

Federal government’s sudden introduction of an additional 35 per cent tax on imported meters, electricity users in Nigeria who still do not have meters may have gotten one, the Nigerian Electricity Regulatory Commission (NERC) has disclosed.The NERC stated that its plan to use an improved supply framework to reduce the number of unmetered electricity users in the country’s power sector was largely stalled by the government’s import levy.In its first quarter 2020 operational report on the country’s power sector, the NERC explained that its Meter Assets Providers (MAP) framework which sought to improve meter deployment, reduce estimated billing and expand…

The Nigerian police appear to have started an online campaign to redeem their image and rebuild trust with Nigerian citizens, following the nationwide #EndSARS protests and its devastating fallout. The police, Monday night, uploaded a campaign flyer on Twitter, via their official handle @PoliceNG. “We are not a collection of angels, but we are doing our best to serve you better,” said the flyer which was produced by the police public relations department, Force Headquarters, Abuja. The #EndSARS protest, which began over two weeks ago, was calling for an end to police brutality in the country, among other policing reforms. The protests,…

As rumour spread that the curfew imposed on Kaduna state was to prevent the reaction on the purported death of Sheikh Ibrahim Zakzaky, members of the Islamic Movement in Nigeria (IMN), otherwise known Shi’ites, have dispelled the rumour that their leader is dead.A statement issued by the IMN Spokesman, Ibrahim Musa on Sunday said Sheikh Zakzaky is alive and was visited by his family members at the Kaduna Correctional Centre on Saturday.The Shi’ites however said that, the rumour of Zakzaky’s death was designed by the mongers to compound the current chaotic situation of the country.However, the son of Sheik Zakzaky,…

H.E APPROVED #500MILLION FUND TO THE YOUTH EMPOWERMENT SECTOR..

The Nigeria Governors’ Forum (NGF) has denied allegations that COVID-19 palliatives meant for distribution were hoarded by state governments. According to a statement signed by the forum’s spokesperson Abdulrazaque Bello-Barkindo, on Monday, the governors have held several meetings since the #EndSARS street protests and started to address concerns of members of the public and that they identified calls for justice and an end to police brutality. “The NGF wishes to state categorically that no State has been involved in or has hoarded any palliatives,” the governors said. Although the governors regretted the loss of lives and property occasioned by the…

Lagos, October 26, 2020 President, Nigerians in Diaspora Organisation (NIDO), New Jersey, Dr. Kazeem Bello, says remittances by Nigerians living abroad can be a veritable means to support poverty alleviation in the country.  Dr. Kazeem Bello who cited Bangladesh as one of the countries that have benefited immensely from remittances of its nationals in the Diaspora, noted that the inflow to the country has impacted its economy immensely thereby reducing poverty. The NIDO president who was speaking at the Ecobank Digital Series on “Financial Services & Remittance Solutions for Nigerians in Diaspora: Leveraging Ecobank’s Pan-African offering as the Nation Celebrates 60”, noted that measures…

Cross River State Governor Ben Ayade has charged security agencies currently operating in the state to commence House to House Search to look for critical state and private assets looted by hoodlums in Calabar and its environment. Ayade who was accompanied by some service commanders in the state made this known to journalists this during an on-the-spot assessment of damaged property in Calabar, the state capital. The Governor, while assuring the youths that their welfare will henceforth be given priority, advised those who looted critical assets of the state and private homes to return them or face the law. He…

• Insurers move to assess damages for claims’ payment

Suspends Symposium on Public Private Partnership towards the development of Ogun state and  installation ceremony as Lisa Aje Egba

Wema Bank, Nigeria’s long-standing indigenous bank is urging customers and all Nigerians to stay safe as a result of the recent unrest in the country following the #endsars protest. As a highly innovative bank, Wema Bank encourages everyone to explore alternative banking channels as well as its digital banking platform ALAT for all financial transactions at a time like this. Wema bank has recently notified customers of its decision to shut down branches in affected locations where a curfew has been imposed by the government, following this development, the bank issued a statement on its social media channels pleading with…