Electricity workers in Nigeria's capital Abuja are threatening to down tools and join the looming strike action by the Organised Labour, sources have told The New Diplomat. It was gathered that the planned strike would be in continuation of a warning strike which held weeks ago amid the ongoing call on the federal government by…
Jack Dorsey has announced his decision to step down from his position as the Chief Executive Officer (CEO) of Twitter, a social media platform he co-founded over 10 years ago. Dorsey made this announcement in a statement published on his official twitter handle on Monday. He explained that his decision to resign from his position…
It may not be the best of time for some Nigerians with stupendous wealth as no fewer than 91 private jets belonging to billionaires and large corporations in the country have been grounded over their alleged refusal to pay import duties totalling N30bn. The directive was said to have cascaded from the Federal Government to…
Mr Cui Jianchun, Ambassador of China to Nigeria, has stressed the need for his country and Nigeria to harness sporting activities, to deepen diplomatic relations between the two countries. Cui spoke while briefing Journalists on Saturday in Abuja on the sidelines of the 4th edition of the Nigeria-China Ping-Pong tournament, organised for Journalists by the…
Two weeks after curtain fell on United Nations Climate Change Conference, COP26 in Glasgow, Nigeria's staunch commitment to net-zero emissions plans -- described as a false solution pushed by polluting entities to evade responsibility on the climate crisis has been unsettling. On top of that, the country’s inconsistent net-zero targets have set tongues wagging and…
As the federal government's plan to remove fuel and electricity subsidies by mid-2022 has been generating widespread criticism from a cross-section of Nigerians, the Nigerian Labour Congress , NLC, has warned of dire consequences. On Tuesday, Minister of Finance, Budget and National Planning, Zainab Ahmed, announced that the federal government led by President Muhammadu Buhari…
Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has said that Nigeria’s non-oil revenue grew to N1.15 trillion, representing 15.7 per cent above target rate in response to Federal Government’s efforts at diversifying the nation’s economy. Ahmed made this known virtually at the Institute of Directors (IoD) 2021 Annual Directors Conference which held…
Lagos State Governor, Mr. Bababjide Sanwo-Olu, on Wednesday, presented a proposed 2022 Appropriation Bill pegged at N1.388 trillion this members of the state House of Assembly. In the budget, tagged 'Budget of Consolidation'. N564.9 billion was earmarked for recurrent expenditure while capital expenditure was pegged at N823.5 billion. The 2022 budget estimate is a bit…
The Federal Government has announced its decision to disburse N5000 per month as transportation grant to 30-40 million Nigerians that are "deserving" of it, to cushion the effect of the energy subsidies' removal that is currently looming over the country. The Minister of Finance, Budget and National Planning, Zainab Ahmed made this announcement in Abuja on…