The Federal government has disclosed that the over 300 Arik Air staff who were on the brink of losing their jobs have been saved through the intervention of government. The Government added that the hike in over 100% in domestic air tickets was one of the consequences of the COVID-19 pandemic that was inevitable.
President Muhammadu Buhari has approved the expansion of all programmes under the National Social Investment Programmes (NSIP)of the Government. This disclosure was made by Sadiya Umar Farouq, the Honourable Minister of Humanitarian Affairs, Disaster Management & Social Development, while speaking with statehouse correspondent in Abuja today.
The federal government has disclosed that earlier information that diesel and petrol automobile owners will pay N250,000 for autogas conversion is wrong. Justice Derefaka, technical adviser on gas business and policy implementation to the minister of state for petroleum resources, told journalists on Friday that his previous statement that vehicle owners will pay N250,000 for autogas conversion was not correct.
Nigerian farmers have yesterday protested against the idea of the federal government to re-open land border, claiming it is a dangerous idea at this moment when prices of food items are going high. They explained that is a known fact most of the neighbouring countries to Nigeria rely on this country for foodstuff, therefore, by implication opening the border would push the demand of food items up and by extension the price will sour.
The Central Bank of Nigeria has announced that its recent policy on the receipt and administration of Diaspora remittances into Nigeria will commence Today. The announcement was made on Thursday in a press release by the apex bank, saying the recent policy is aimed at providing a more convenient mode for Nigerians in Diaspora to remit funds back to Nigeria.
The President had a virtual launch of the 5,000 barrels per day modular refinery and also the groundbreaking of a 45,000 barrel per day plant located in Imo State. President Buhari commended an indigenous oil firm, Waltersmith Refining and Petrochemical Group, and also the Nigerian Content Development and Monitoring Board (NCDMB) for the partnership, which was critical for the successful construction of the refinery.
The Federal Government on Tuesday said that for the country to experience any form of growth and bounce back speedily from the effects of the COVID-19 Pandemic, there has to be an increase in productivity. It said this will counteract the effect of the COVID-19 Pandemic and the age-long challenges of underdevelopment in the country.