Exchange Rate: Marketers Deny Downward Adjustment In Petrol Pump Price

Petroleum product marketers and other operators in the downstream sector, have denied speculations that pump price of petrol at depot facilities have been adjusted downwards. Also, LEADERSHIP reports that petroleum outlets are still selling at prevailing market prices. Our Correspondent’s check at major depot’s in Lagos indicate that prices have not changed either. A source […]

Man bags life imprisonment after defiling neighbour’s 5-yr-old daughter

An Ikeja Sexual Offences and Domestic Violence Court has sentenced a man, Ugochukwu Onuoha, to life imprisonment for defiling a five-year-old minor, his neighbour’s daughter. Justice Rahman Oshodi, in his judgment, held that the prosecution had established beyond reasonable doubt, the charge of defilement against Onuoha. Oshodi said the prosecutrix (survivor) was a child at […]

Eko DisCo Removes Tinuade Sanda As MD

The managing director of the Eko Electricity Distribution Company (EKEDC), Tinuade Sanda, has been relieved of her appointment with immediate effect. This is according to a letter signed by  the chairman of the DisCo, Dere Otubu. In the letter dated March 21, 2024, titled Implementation of NERC directive on seconded staff, addressed to Sanda, it […]

NCC insists on SIM-NIN deadline, telcos bar lines Friday

Telecommunication companies will disconnect more Subscriber Identity Module (SIM) numbers not linked to National Identification Numbers (NIN) on Friday, March 29, 2024, the Nigeria Communications Commission has said. The Director of Public Publicity at the NCC, Reuben Mouka, told The PUNCH on a telephone call that that there would be no changes to the deadline […]

Lagos to experience abnormal rainfall in 2024 – Commissioner

Tokunbo Wahab, Commissioner for Environment and Water Resources, Lagos State, says the state is expected to experience abnormal rainfall in 2024 with a total of 1936.2 mm predicted rainfall. Wahab said this at a news conference on 2024 Seasonal Climate Predictions (SCP) and socio-economic implications for Lagos State on Tuesday. Wahab said the average annual rainfall predicted […]

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 […]

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