Month: February 2024

Lagos police arrest eight suspected robbers on wanted list

Operatives of the Lagos State Police Command have arrested eight suspected armed robbers on its wanted list. The spokesperson for the command, SP Benjamin Hundeyin, disclosed this in a statement on Saturday. Hundeyin stated that the suspects, who belonged to two syndicates, were arrested after weeks of discreet and intense investigation. The police spokesman alleged […]

Traders in massive food diversion to Niger Republic, Cameroon, others

Amid the free fall of the naira to the United States dollar, traders who deal in grains have devised a way to sell their wares to neighbouring countries for higher profits, Sunday PUNCH has learnt. Many of them, who spoke to our correspondents, claimed that they preferred to sell their wares to the countries because they […]

How cement price may worsen housing deficit

The rising cost of building materials is triggering abandoned projects, posing significant threats to the construction sector, and exacerbating the existing housing deficit gap, JOSEPHINE OGUNDEJI writes The recent surge in cement prices has reverberated throughout the real estate market, sparking an unexpected increase in property abandonment. Cement, as a fundamental building material, has seen its prices skyrocket […]

Labour mum as FG says planned protest violation of court order

The Attorney-General and Minister of Justice,  Lateef Fagbemi, (SAN) has urged the Nigeria Labour Congress to shelve their proposed nationwide protest. On February 16, the NLC announced a nationwide protest scheduled for February 27 and 28, in response to the economic challenges facing the country. This decision followed the conclusion of a 14-day ultimatum issued to […]

‘Transport fare terrible, garri no longer snacks’- Nigerians weep, lament economic hardship

…employ different coping strategies As the nation’s economy bits unrelentingly, Nigerians are devising different ‘structural adjustment strategies’ to keep body and soul together, the News Agency of Nigeria reports. A cross-section of respondents, who spoke with NAN in Ibadan on Friday, said they had resorted to rationing their meagre resources amidst other coping mechanisms. A […]

Energy crisis: Petrol queues get longer in Lagos, environs

Despite the efforts of NNPC Ltd to flood the domestic market with petrol, long queues remained at many filling stations in Lagos and environs, yesterday. The company had attributed the emergence of queues to distribution hitches, which were further worsened by the demand of Nigerian Association of Road Transport Owners, NARTO for settlement of freight […]

Subsidising religious pilgrimage, irresponsible

AMIDST the escalating cost-of-living crisis that has made basic food items unaffordable to millions of Nigerians, it is economic irresponsibility for lawmakers to demand that the Nigerian government spend state funds to subsidise religious pilgrimages. With the naira depreciating daily and is near the N2,000 per $1 point, the national debt stock at N87.9 trillion […]

Love turned sour: How jilted lovers take fatal risks, commit suicide

Amarachi Okeh writes about how broken relationships have left many lovers devastated and some with fatal consequences Cupid’s arrow struck Tamunotonye Pere and Joy, 13 years after their innocent friendship that began on a mobile social network, 2go, blossomed into a beautiful love story in late 2022. “It was not like anybody asked anyone out. It […]

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