The Independent Media and Policy Initiative (IMPI) has welcomed the decision of the Central Bank of Nigeria (CBN) to reduce the Monetary Policy Rate (MPR) to 27 per cent. Dr Omoniyi Akinsiju, IMPI Chairman, said this in a statement on Wednesday in Abuja. Akinsiju said that the decision aligned with the position IMPI’s analysts had…
The Speaker of the House of Representatives, Rep. Tajudeen Abbas, on Wednesday inaugurated an ad hoc committee to oversee the implementation of the Federal Government’s Naira-for-Crude Oil policy. Abbas said the move was a critical step toward ensuring transparency, accountability, and efficiency in one of Nigeria’s most significant energy sector initiatives. He charged the committee…
The Federal Government has unveiled a new National Marine and Blue Economy Policy aimed at reducing logistics costs, boosting trade competitiveness, and attracting private sector investment into the maritime and transport sectors. Minister of Marine and Blue Economy, Adegboyega Oyetola, disclosed this on Wednesday at the 2025 Transportation Correspondents Association of Nigeria (TCAN) Annual Summit…
The Katsina State Government has begun the process of domesticating the National Policy on Safety, Security and Violence-Free Schools (NPSSVFS), aimed at protecting children and teachers from attacks. Commissioner for Basic and Secondary Education, Hajiya Zainab Musa-Musawa, confirmed the move on Monday in Katsina while receiving the policy document. The announcement coincided with preparations for…
The United States has tightened its non-immigrant visa process, mandating applicants to attend interviews only in their country of nationality or residence. The policy, announced on September 6 by the U.S. State Department, seeks to streamline security checks while reducing application backlogs. It also cancels the previous option of applying in third countries when local…
Nigeria’s Shippers Council chief has praised President Bola Tinubu’s economic reforms, particularly the removal of the petrol subsidy on his first day in office, calling it a rare example of a campaign promise kept. Pius Akutah, the council’s Executive Secretary, said the move — announced on 29 May 2023 — had been pledged by all…
The House of Representatives Ad hoc Committee on the Implementation of Compressed Natural Gas (CNG) Policy, says it will begin investigation into the implementation of the policy on Thursday, July 31. In a statement on Tuesday by the Chairman of the Committee, Rep. Usman Jaha (APC-Borno) the committee called for submission of memoranda from all…
The Ijaw National Congress (INC) Worldwide has stressed the need for promoting coastal resilience, policy and good governance in managing coastal resources in Nigeria. Prof. Benjamin Okaba, Global President INC, said this on the occasion of the Ocean Rise and Coastal Resilience Summit, which was held at Nice, France on Saturday. In a statement made…
Rep Jaafaru Yakubu, Chairman of the House of Representatives Committee on China-Nigeria Parliamentary Relations, has reaffirmed Nigeria’s unwavering commitment to the One-China Policy. The Committee Chairman made this statement in Abuja on Tuesday, responding to remarks attributed to Andy Yih-Ping Liu, Head of Taiwan’s Trade Mission in Nigeria. Yakubu emphasised that Nigeria recognized Taiwan as…
Some financial experts have said the 14 per cent trade tariff imposed by the United States Government on Nigeria threatens the African Growth and Opportunity Act (AGOA). In separate interviews with the News Agency of Nigeria (NAN) in Ibadan on Monday, the experts added that the tariff would also affect the duty-free provision. Dr Olumuyiwa…
