Day: March 26, 2024

FG deducts N415bn state allocations for debt servicing

The Federal Government has deducted over N415bn from state government allocations to service their external loans, according to findings by The PUNCH. This was according to data from the Federation Account Allocation Committee Disbursement reports published by the National Bureau of Statistics. The deductions were made between 2019 and 2023 from the allocations given to state […]

Why cooking gas price is on the rise

THE President, Nigerian Association of Liquefied Petroleum Gas Marketers, Mr. Oladapo Olatunbosun, said the prices of cooking gas would continue to leap as the domestic market continues to be impacted by foreign exchange crisis. This is even as the report of the Nigerian Bureau of Statistics, NBS, Liquefied Petroleum Gas Price watch for February 2024 showed […]

Lagos govt docks 2 doctors over death of patient

Two medical doctors identified as Michael Atiba and Michael Ugbeye were docked by Lagos State Government before an Ikeja High Court for causing the death of one Ejiro Ugorobi over negligence. Atiba, a doctor at the Gbagada General Hospital and Ugbeye, a consultant with a national orthopedic hospital, are facing a count charge of involuntary […]

‘Ounje Eko’: Lagos residents laud Sanwo-Olu for reducing prices of food items

Some residents of Coker-Aguda Local Council Development Area, Lagos State, have lauded Governor Babajide Sanwo-Olu for reducing the prices of food items at “Ounje Eko” Lagos discounted food markets. Some of the residents at Aguda Senior Grammar School, Coker-Aguda LCDA discounted food market, said prices of seven out of nine items were reviewed downward following […]

Hardship: Rent Defaults Soar As Landlords, Tenants Clash

The inability of most tenants to pay rent, as a result of the current economic hardship, has caused strained relationships between landlords and tenants. There are escalating court cases over issues of rent defaults, LEADERSHIP can authoritatively. Residential tenants are significantly impaired by rent defaults which piled up as a result of setbacks to their […]

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