Former Deputy Vice Chancellor of Osun State University, Prof Anthony Kola-Olusanya, in this interview with GRACE EDEMA, says the Student Loan Scheme should be extended to private school students as well. Excerpts: last year, the Federal Government introduced the student loan and, over the months, there have been debates and even a recent review. What’s
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Senegalese President Bassirou Diomaye Faye on Tuesday ordered his prime minister to draw up an urgent “action plan” to strengthen the country’s flagging economy and finances, his office said in a statement. The 44-year-old swept to victory in an election last month on a promise of radical reform, becoming the country’s youngest president despite never
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It is customary that a newly formed government comes along with its agenda, policies and programmes. As the most vital machinery of government, it is the responsibility of the civil service to drive the implementation of policies and programmes because a committed civil service is the best vehicle for carrying out and explaining to the
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Oil marketers have called for a downward review in the pump price of the Automotive Gas Oil, popularly called diesel, being produced by the Dangote Petroleum Refinery to between N700 and N850/litre, as operators plan to meet managers of the refinery next week. The largest downstream marketing association, the Independent Petroleum Marketers Association of Nigeria,
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WHILE the Lagos State Government rightly asserts that residents must use pedestrian bridges or face prosecution, it puts the cart before the horse by feigning ignorance of the ruthless insecurity that plagues the footbridges. Indeed, footbridges in Lagos are enclaves of vicious thieves and hoodlums, who attack law-abiding residents, thereby forcing them to choose the
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The online casino market in Nigeria may not be as big as the betting market, but it’s certainly growing. Our expert has written this detailed online casino guide to make your casino search as seamless as possible. We reviewed and ranked the leading casino sites in Nigeria using various parameters, including games, bonuses, payout speed,
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The Nigerian National Petroleum Company Limited, on Tuesday, declared that a tugboat conveying suspected illegally refined Automotive Gas Oil, popularly called diesel, has been by operatives of Tantita Security Services Limited. NNPCL said the tugboat was being escorted by a marine police boat in Rivers State before it was arrested by the security outfit, adding
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Some aggrieved Lagos traders and members of the Family Food Support Association, a cooperative society, who had accused one Mrs Chinyere Emeka-Atu of mismanaging their N600m worth of investment in 2022, have resolved to sheathe their swords after reaching a resolution. PUNCH Metro reported that Emeka-Atu was accused of defrauding members, largely market women, of
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PRESIDENT Bola Tinubu should walk his talk that the Nigerian economy can only grow when the private sector is in full control. Seeking the support of the organised private sector when he hosted the members to a Ramadan dinner in Abuja recently, the President acknowledged that he could not succeed without the OPS. From the
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The Monitoring, Enforcement and Compliance Department of the Lagos State Ministry of Environment has demolished a structure serving as a restaurant on a drainage setback along Ademola Tokunbo Street, Victoria Island. The state Commissioner for Environment and Water Resources, Tokunbo Wahab, in a Monday post on X, said while at the place, the officials observed
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The Minister of Works, David Umahi, on Tuesday, took a swipe at former Vice President Atiku Abubakar over his criticism of the President Bola Tinubu administration on the cost of the Lagos-Calabar coastal highway project. Atiku, who is the presidential candidate of the Peoples Democratic Party in the 2023 general elections, had alleged that the
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The Super Falcons qualified for the women’s football event of the 2024 Olympics in Paris after playing a goalless draw with South Africa at the Loftus Versfeld Stadium, Pretoria on Tuesday, The PUNCH reports. Taking a 1-0 lead into the encounter, from the first leg in Abuja on Friday, the Falcons, who have never lost
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The Lagos State Traffic Management Authority has felicitated with Muslims across the state as they join other faithful world over in celebrating the Eld El-Fitr, which marks the successful completion of the Ramadan fasting. In a statement issued by the Director, Public Affairs and Enlightenment Department of LASTMA, Adebayo Taofiq, he quoted the General Manager
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The lawmaker representing Surulere Constituency at the Lagos State House of Assembly, Desmond Elliot, has said that the House will deliberate into allegations of misappropriation of funds levelled against the chairman of Eti-Osa East Local Council Development Area, Mr John Ogundare. A statement from the Assembly noted that some residents of Eti-Osa LCDA had debunked
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A home appliances manufacturer, Bruhm, has unveiled its latest product, ‘Bruhm Black’. In a statement, the firm said that the product has set a new benchmark for luxury and performance in the industry. It added that the product promised to redefine the modern living experience. Bruhm is a household name in the home appliance industry,
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Stakeholders in the advertising industry will converge to chart the course for responsible advertising at the Advertising Standards Panel Forum. A statement signed by the Director of Regulations of the Advertising Regulatory Council of Nigeria, Martha Onyebuchi, said that the council would be organising the forum standards, which had become a critical issue in the
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The Chief Executive Officer of All On, Caroline Eboumbou, has won the Outstanding Woman in Renewable Energy award at the just-concluded 2024 edition of the Women in Maritime & Energy Award in Lagos. According to a statement, the 2024 WIME award tagged “InspireInclusion: Powering Partnerships for Progress” was the third edition of the event. It
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The Aig-Imoukhuede Foundation has announced the graduation of the AIG Public Leaders Programme Class of 2023, which involved the training of civil servants in the Federal Capital Territory in public leadership skills. The foundation said in a statement that was made available to our correspondent in Abuja that the graduation marked the culmination of six
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The Presidency on Tuesday said the concerted efforts of the Yemi Cardoso-led Central Bank of Nigeria aimed at stabilising the naira aligns with President Bola Tinubu’s “multi-faceted approach to ridding the nation’s foreign exchange market of malign actors and sharp practices.” It also vowed to continue its campaign against racketeers, urging Nigerians to expect a
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A power-generating company, Geregu Power Plc, has announced a 254.37 per cent year-on-year appreciation in its revenue to N50.42bn in the first quarter of 2024. In its interim financial statement filed with the Nigerian Exchange Limited on Tuesday, it revealed that the Q1 2023 revenue was N14.23bn. The result was released a day earlier than
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An out-of-home advertising company, Loatsad Promomedia Limited, has announced the appointment of Ms Sophie Ejegi as managing director. According to a statement made available to The PUNCH recently, Ejegi, who is the first female managing director since the inception of the firm, takes over from Mr Adenrele Olusoga, who recently completed his tenure in office.
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The Nigeria Association of Chambers of Commerce, Industry, Mines and Agriculture has demanded that the duties collected by the Nigeria Customs Service be charged in Naira rather than in foreign currency. NACCIMA President, Dele Oye, stated this in his response to the Central Bank of Nigeria’s directive on the use of foreign currency collateral for
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The National Institute of Credit Administration has urged creditors to ensure that all payments are made to suppliers and other stakeholders, including small and medium enterprises, they owe between sevenando 14 days. NICA, in a statement, said the move was part of its efforts to commence a campaign to encourage creditors to make timely repayments
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United Bank for Africa Plc grew profit after tax by 256.89 per cent to N607.69bn in 2023 from N170.27bn in the previous year. This was revealed in the audited financial results for the full year ended December 31, 2023, filed with the Nigerian Exchange Limited. In the year under review, UBA’s gross earnings improved by
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The Nigerian Railway Corporation has refuted reports claiming that there was no medical personnel onboard the Abuja–Kaduna passenger train where a policeman died on April 5. The NRC in a release by journalists on Tuesday stated that medical personnel attended to the late Police Inspector, Nambut Selbol, who was attached to a train conveying passengers
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