January 2025 – Page 8

Rice production drops to 8.3MT despite interventions – Report

31.01.2025

Nigeria’s rice production has declined to 8.3 million tonnes for the 2024/2025 cycle, down from 8.9 million tonnes the previous year despite ongoing government efforts to boost agricultural output. This decrease has raised concerns as the Federal Government continues to implement interventions aimed at enhancing food security and addressing hunger across the nation. Data from...

Trionlife Opens New Economic Opportunities For Entrepreneurs

31.01.2025

Trionlife has unveiled a new business initiative aimed at individuals and investors looking to generate sustainable income while promoting certified health and wellness products. The program includes a distributor network for those starting at an entry level and a stockist model designed for larger-scale business operators interested in wholesale distribution. The distributor network provides flexible...

NAICOM, Police Set Up Committee On Vehicle Insurance

31.01.2025

The National Insurance Commission (NAICOM) and the Nigeria Police Force (NPF) have inaugurated a joint committee on enforcement of compulsory insurance laws. The inauguration on Thursday follows the declaration of commitment by the Inspector General of Police to enforce motor vehicle insurance effective 1st February 2024. The inaugural meeting took place, at NAICOM’s headquarters in...

Soun Commends Makinde On Healthcare Initiatives

31.01.2025

The Soun of Ogbomoso, Oba Ghandi Afolabi Olaoye, Orumogege III, has commended the Oyo State Governor, Seyi Makinde, for his commitment to improving healthcare delivery in the state. Oba Ghandi made this remark during an official visit by the management team of the Oyo State Hospitals Management Board (OYSHMB), led by its Executive Chairman, Dr...

Gunmen Invade Oyo Community, Kill Ex-LG Staff, Abduct Petrol Attendant

31.01.2025

Some unknown gunmen have invaded Iseyin Town in the Oke Ogun zone of Oyo State, killing a former Local Government staff and abducting a petroleum attendant. New Telegraph gathered that the incident occurred at a petroleum station in the town on Tuesday, investigation revealed that the gunmen intended to kidnap the owner, but he was...

Sokoto Pensioners Urge Gov Aliyu To Include Them In New Minimum Wage

31.01.2025

The Sokoto State chapter of the Nigeria Union of Pensioners (NUP) has appealed to Governor Ahmad Aliyu to extend the new minimum wage to its members. Alhaji Nasiru Sarkin Larabawa, Secretary of the Union, made this plea in a statement, citing the need for pensioners to care for their families amidst economic challenges and high...

FG Goes Tough On Revised Bottom-Up Cash Planning Policy Implementation

31.01.2025

…Erring agencies to bar from accessing funds for capital projects Sanction awaits Ministries, Departments, and Agencies (MDAs) of government that fail to comply with the revised Bottom-Up Cash Planning Policy of the Federal Government. Such an erring agency could be restricted from accessing funds for capital projects, Minister of Finance and Coordinating Minister of the...

Lagos Butchers Lament As Cow Prices Soar To N1.7m, Daily Slaughter Drops By 40%

31.01.2025

Butchers and meat traders across Lagos State are struggling to keep their businesses afloat as the price of cows skyrockets, reaching an unprecedented ₦1.7 million per head. The sharp increase has sent shocks through the meat industry, raising concerns about affordability for consumers and profitability for traders. Many butchers at the popular Agege, Oko-Oba, and...

Govt to generate N1.6tn from telecoms tariff hike

31.01.2025

The recent 50 per cent tariff increase approved by the Nigerian Communications Commission is expected to generate an additional N1.6tn in tax revenue while driving investment in telecommunications infrastructure. The Global System for Mobile Communications Association in a statement on Wednesday, described the tariff adjustment—the first in 12 years—as a significant step toward bridging Nigeria’s...

Kwara Assembly Passes 2025 Appropriation Bill Into Law

31.01.2025

…Increases budget by N44.3bn Kwara State House of Assembly has passed the 2025 Appropriation Budget size of N584.7bn, an increase of N44.3bn as against the figure of N540.4bn that was initially presented by the Executive. In the approved budget, provisions were made for increases in critical sectors, including education, health, agriculture, water, Housing, youths and...