The National Economic Council (NEC) will review reports on the establishment of state police during its meeting today at the Presidential Villa, Abuja. The session, chaired by Vice President Kashim Shettima, aims to deliberate on findings and recommendations from committees tasked with evaluating the feasibility of state policing as part of efforts to address Nigeria’s … Read more
Senators representing the five South-East states have expressed support for the Tax Reform Bill, describing it as a transformative initiative. Their endorsement came during a South-East Senate Caucus meeting held on Monday, where they also emphasized the need for broad consultations to address concerns raised about the bill. EDITOR’S PICKS PDP Declares Ethiope East Federal … Read more
The Northern Elders Forum (NEF) has criticized the proposed tax reforms by President Bola Tinubu, stating that the initiative is detrimental to the interests of the northern region. In a communiqué signed by NEF convener Professor Ango Abdullahi and released on Saturday, the forum expressed strong opposition to the Tax Reform Bill, currently under consideration … Read more
The National Economic Council (NEC) on Thursday gave the Federal Capital Territory (FCT), Adamawa, Kwara, and Kebbi states a one-week deadline to submit their positions on the proposed creation of state police. EDITOR’S PICKS Trump Taps Fox News Host Pete Hegseth As Defence Secretary Sanwo-Olu Appoints Barr. Rekiya Olufunke Hassan as new Chairman of Onigbongbo … Read more
The Federal Government has inaugurated a new Board of Directors for the Nigeria Sovereign Investment Authority (NSIA), entrusting them with the responsibility of guiding the nation’s economic growth and stability. During the inauguration at his office in Abuja, Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, urged the Board to utilize … Read more
President Bola Tinubu attends NEC meeting on national minimum wage adjustments EKO HOT BLOG reports that President Bola Tinubu made a rare appearance at the 142nd meeting of the National Economic Council (NEC) held on Thursday at the Council Chamber, Presidential Villa, Abuja, chaired by Vice President Kashim Shettima. The council convened to discuss critical … Read more
Borno opposes the establishment of state police in Nigeria Tinubu supports state police, with a bill to amend the constitution for this purpose progressing in the House of Representatives. The House of Representatives is planning consultations with state governors and political parties to gather support for the constitutional amendments required for state police. EKO HOT … Read more
Nigeria Governors’ Forum Director-General reveals 20 state governors to decide on state police within four weeks. Sixteen governors express support for state police; remaining 20 expected to submit reports soon. Discussions held during National Economic Council meeting; all states show support for state police establishment. EKO HOT BLOG reports that the Director-General of the Nigeria Governors’ … Read more
16 state governors back state police to tackle Nigeria’s security issues. Federal police overwhelmed by rampant crime, leading to calls for state-level security. Regional security outfits like Amotekun face effectiveness challenges due to lack of federal support. EKO HOT BLOG reports that in a bid to address Nigeria’s escalating security challenges, 16 state governors have supported … Read more
Nigeria’s trajectory took an unprecedented turn with President Bola Ahmed Tinubu’s bold declaration shortly after his May 29, 2023, inauguration that the fuel subsidy was to be abolished. Even as the inauguration festivities at Abuja’s Eagle Square drew to a close, the reverberations of this statement were felt across the nation’s fuel stations. Oil marketers … Read more
Tinubu meets with oil marketers over fuel subsidy removal Directs NEC to fast-track palliatives and intervention programs Marketers pledge no fewer than 100 high-capacity buses to FG Eko Hot Blog reports that President Bola Ahmed Tinubu has directed the National Economic Council (NEC) led by Vice President Kashim Shettima, to begin the process of working … Read more
The National Economic Council has suspended the removal of the fuel subsidy that was earmarked to foresee the end of the Muhammadu Buhari administration. This, according to the council, is due to provisions for subsidy already been made for June in the budget. However, NEC mulls over June ending to kickstart its plans for fuel … Read more
Fayemi had said all governors met and discussed issues of national importance, including removal of subsidy… EKO HOT BLOG reports that the Nigerian Governors’ Forum (NGF) on Thursday said it will engage the organised labour unions on the removal of fuel subsidies in the country. Governor Kayode Fayemi, NGF Chairman, made this known while briefing … Read more
Osinbajo has urged youths to shun #EndSARS memorial protest. EKOHOTBLOG reports that the National Economic Council (NEC) has appealed to those planning to stage a protest to mark the first anniversary of the #EndSARS protests to consider other lawful alternative means of engagement. NEC argued that with the current security situation across the country, there was … Read more
The Edo State Governor, Godwin Obaseki, had raised an alarm over Nigeria’s financial woes, alleging ₦60bn Was Printed To augment FAAC allocation to state governments for the month of March The National Economic Council (NEC) has affirmed that there was no printing of ₦60 billion or any other amount whatsoever to shore up allocation for … Read more
The Nigerian National Petroleum Corporation (NNPC), says it is taking measures to address the menace of pipeline vandalism and crude oil theft in the nation’s Oil and Gas industry. The Group Managing. Director, Malam Mele Kyari disclosed this at the inaugural Nigeria Extractive Industries Transparency Initiative (NEITI) Policy Dialogue in Abuja on Tuesday. He said … Read more