Author: Vardiafrica

ASUU President, Emmanuel Osodeke in a statement issued on Wednesday, said the body is seeking the conclusion of the renegotiation of the 2009 FGN/ASUU Agreement based on the Nimi Briggs Committee’s Draft Agreement of 2021. It also demanded the release of withheld salaries due to the 2022 strike action, and expressed frustration with the government’s lack of commitment and delay tactics. It stated that these actions were generating a crisis in the public university system. “In view of the foregoing, ASUU resolves to give the Nigerian Government another 14 days, in addition to the earlier 21 days, beginning from Monday,…

The Nigerian government says Tertiary Education Trust Fund, TETFUND, will now set aside 30% of its initial allocation from the Federation account to support the disbursement of loans by the Nigerian Education Loan Fund NELFUND, to students. The Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga made this known on Wednesday while briefing State House Correspondents on the components of the submitted Economic Stabilisation Bill by the Executive to the National Assembly for further amendments. Mr Onanuga stated that the amendment to the TETFUND 2011 Act as contained in the economic stabilisation fund is an important…

The Economic and Financial Crimes Commission (EFCC) on Wednesday said no amount of blackmail arising from the prosecution of former Kogi State Governor, Yahaya Bello, would make it compromise its integrity. In a statement, EFCC spokesman, Dele Oyewale, asked Bello to obey court order and appear before Justice Emeka Nwite of the Federal High Court, Abuja. He said the former governor had made “several unsuccessful attempts to throw spanners in his ongoing trial through some irresponsible and utterly rascally efforts.” “As a responsible anti-graft agency, the EFCC is sensitive to public opinions, especially if they are in tandem with its…

President Bola Tinubu has approved rehabilitation of the proposed building for the Ministry of Livestock Development. The Minister of the Federal Capital Territory, Nyesom Wike disclosed this on Wednesday during an inspection of the building located at the Central Business District in Abuja. According to him, President Tinubu has directed rehabilitation of the former building of the Ministry of Agriculture and Food Security to serve as the newly proposed building for the Ministry of Livestock Development. He, however, did not disclose the cost of the rehabilitation as he said no contractor has been awarded for the project yet

The Minister of Interior, Olubunmi Tunji-Ojo, has directed an unconditional and comprehensive investigation into the allegations of bribery and corruption within the Nigerian Correctional Service (NCoS). Disclosing this in a statement on Wednesday, the Minister’s media aide, Babatunde Alao, said he unequivocally condemned the alleged reprehensible behaviour. The Minister also emphasized that any form of indiscipline, unprofessionalism, and corruption will be met with zero tolerance and severe consequences within the paramilitary services under the Ministry’s purview “The Ministry will not tolerate any compromise on its core values of integrity, transparency, and accountability. We will leave no stone unturned in rooting…

Justice Emeka Nwite of the Federal High Court, Abuja has adjourned the alleged money laundering case filed by the Economic and Financial Crimes Commission (EFCC) against the immediate past Governor of Kogi State, Yahaya Bello, until October 30, 2024. The adjournment came as Bello moved to the Supreme Court to file an appeal seeking to set aside the arrest warrant issued by the trial court on April 17. At the day’s proceedings, counsel to Bello, A.M. Adoyi, drew the court’s attention to the fact that the issue of arraignment of the defendant was the subject matter of an appeal already…

The Senate on Wednesday confirmed the appointment of Justice Kudirat Kekere-Ekun as substantive Chief Justice of Nigeria after screening. The development comes after President Bola Tinubu wrote the Senate on Tuesday, seeking her confirmation as the CJN. Senate President, Godswill Akpabio, read Tinubu’s letter during plenary on Tuesday. In the letter, Tinubu cited Section 231(1) of the Nigerian Constitution, which empowers him to appoint the CJN based on recommendations from the National Judicial Council, pending Senate approval. The President expressed confidence in her nomination and urged the Senate to act urgently “I hereby forward the nomination of Honourable Justice Kudirat…

President Biden on Tuesday delivered his final speech to the United Nations General Assembly — and one of his last speeches on the world stage as president — capping a decades-long political career that has focused heavily on foreign policy. Mr. Biden noted the “remarkable sweep of history” he had seen in his long time in public service, saying “things can get better.” “I know, I know many look at the world today and see difficulties and react with despair,” the president said. “But I do not. I won’t.” The 79th session of the United Nations General Assembly, colloquially known…

The Federal Government is set to implement the New Minimum Wage with effect from July 29, 2024. It also approved the revision of the Salary structure for lecturers, doctors, military and other civil servants. The development comes after FG and the Labour Union on Friday signed a Memorandum of Understanding on the ₦70, 000 new minimum wage. A statement by the Office of the Head of Civil Service of the Federation, and signed by the Head, Information and Public Relations, Eno Olotu said the committee on salaries for civil servants has agreed that the new minimum wage will be implemented…

The Central Bank of Nigeria has further raised its Monetary Policy Rate(MPR) by 50 basis points to 27.25 per cent from 26.75 per cent “to moderate inflation”  which stands at 32.15%. This was revealed by the CBN Governor, Olayemi Cardoso after the apex bank’s 297th Monetary Policy Committee meeting held on the 23rd and 24th of September in Abuja to review recent economic and financial developments, as well as assess its outlook for the year. “The committee was unanimous in its decision to further tighten policy and thus decided as follows, one: raise the MPR to 27.25 per cent,” Cardoso…