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BUA increases price of cement

BUA Cement Plc has increased the ex-factory price of its cement product by N200 per bag. The cement manufacturer, it was reliably gathered, unveiled its new price increase from N2,800 to N3,000 per bag over the weekend. The price increase by BUA is contrary to what he has repeatedly asserted that his company does not have any justification to increase the price of cement as it is currently making enough returns. It would be recalled that BUA Cement, in various statements issued between April 24 and June 18 this year, had refuted any claims of increase in the ex-factory price of its cement products by N300 per bag, stating that, “the company had no plans to increase prices of its cement now or in the near future.” According to a statement issued on April 24, 2021, the company stated that, “...

Coronavirus: Kwara governor urges resident to remain vigilant

The Kwara State Government has urged citizens of the state to remain vigilant and protect themselves against Covid-19 infection despite the government’s success in containing the disease. The Kwara State Governor, AbdulRahman AbdulRazaq, expressed this yesterday while receiving the Nigeria Covid-19 Action Recovery and Economic Stimulus Committee. Represented by his Deputy, Mr Kayode Alabi, the Governor said Covid – 19 has wreaked havoc in the world but had been contained by State Government’s proactive intervention and public support. AbdulRazaq applauded the Federal Government’s NG CARES Initiative for prioritising the vulnerable and cushioning the effect of Covid – 19 by supporting each state with 20 Million Dollars in World Bank Group grants. The Governor assured Kwarans of proper use o...

Nigerian governors to meet Wednesday over financial autonomy for state legislature, judiciary

Governors of the 36 states are scheduled to hold a teleconference on Wednesday to deliberate on the executive order 10 which grants financial autonomy to the state legislature and judiciary. In a statement issued on Monday and signed by Abdulrazaque Bello-Barkindo, head of media and public affairs of the Nigeria Governors’ Forum (NGF), there will also be discussions on measures to prevent a third wave of COVID-19 infections in the country. Bello-Barkindo said the forum will take updates on the State Fiscal Transparency, Accountability And Sustainability (SFTAS), among other issues. “The meeting, which is the 30th of its kind by the Nigeria Governors’ Forum, commences at 2pm prompt but Governors are expected to start logging-in from 1pm,” he said. “The meeting will cover lessons for States ...

Cross River agency chief calls for legislation to back labour migration

The director-general, Cross River Migration Control Agency, Prince Michael Nku Abuo, has called for enactment of a legislation to back labour migration in order to engender national development. Abuo made the call at the Cross River State Migration Summit held in Calabar, the state capital on Saturday. The DG, who also represented the state governor, Prof. Ben Ayade, at the summit, pointed out that several solutions by both federal and state governments have been given to address the issue of unemployment in order to curb the challenge, but the way forward is to tackle the menace was through labour migration. According to him, Cross River Migration Control Agency was exploring and advancing for opportunities for citizens of the State who are at home and in the Diaspora under a work study p...

Lagos: Police arrest protesting Uber, Bolt drivers

The police in Lagos have arrested some members of the Professional E-hailing Drivers and Private Owners Association (PEDPA), the umbrella body of e-hailing ride companies including Uber and Bolt, who had embarked on an industrial action over the services rendered by the platforms. Five drivers, including the president of PEDPA, Idris Shonuga, were arrested on Tuesday. Speaking on the arrest, Kolawole Aina, the Regional Vice President PEDPA, South-west, said the drivers were picked up by the police at the National Stadium in Surulere while they were gathering for a peaceful march to Alausa. Newsmen reported that Bolt and Uber drivers commenced strike on Monday to express their displeasure over the “unfavourable pricing” of the companies and its impact on their business. Shonuga, who listed ...

Lagos agency pledges orderly, liveable communities

The Lagos State Physical Planning Permit Authority (LASPPPA), has put in motion plans to create orderly and livable communities in the state. To achieve this and also in concert with the new developmental realities in the state, the agency evolved a new mission statement “Making Lagos an heritage for orderly, spatial planning and development for economic and livable community” In a chat in his office at Ikeja, LASPPPA, General Manager, Funmi Osifuye, said the new mission statement is as a result of the new resolve of LASPPPA to conform with present realities of Lagos as a smart city. He said henceforth, the Monitoring and Compliance Unit of the Agency will be zoned into 5 operational and enforcement locations according to the five Divisions of the State. While noting the need to focus on t...

NSA, Northwest governors to meet in Kaduna over rising insecurity

The National Security Adviser, Maj. Gen. Babagana Monguno (Retd) and all the seven governors from the North-West region of the country have scheduled a town-hall meeting for Monday in order to address growing insecurity in the region. It was gathered that the meeting, which will hold in Kaduna, was convened on the heels of recent disagreements among some of the governors which border on whether to give amnesty to bandits or not. Newsmen report that Kaduna State Governor, Nasir El-Rufai said that his administration was at war with bandits and so cannot negotiate with them. The governor, in an interview with BBC Hausa radio as monitored on Monday, also ruled out the issue of forgiveness and compensation for bandits being advocated by the state based Islamic Scholar, Dr Ahmad Gumi. But Kano S...

Insecurity: Nigerian governemtn to hold nationwide town hall meetings

In view of the security challenges confronting the nation, the Federal Government is set to convene town hall meetings in the six geo-political zones. Government is expected to confer with state chief executives, religious leaders, women and youth groups in a bid to find lasting solutions to the spiralling, multiple security threats in the country. A statement issued by the Office of the National Security Adviser (ONSA) said the move was in furtherance of Federal Government’s commitment to address multiple security threats facing Nigeria. It said the National Security Adviser (NSA), Major General Babagana Monguno (rtd) convened a meeting of the General Security Appraisal Committee (GSAC) on 11th February, 2021. The meeting, which was attended by the service chiefs and heads of law enforcem...

Nigerian Airforce jets kill more bandits in Kaduna forests

Several armed bandits were neutralized as air platforms carried out armed reconnaissance missions over locations in Kaduna state. The Air Force jets hit at bandits in Rahama, Tami, Sabon Birni, Galadimawa, Ungwan Farinbatu, Sabuwa, Kutemeshi, Gajere, Sabon Kuyello, Dogon Dawa, Ngade Allah, Kidandan, and adjoining settlements in Birnin Gwari and Giwa local government areas. Samuel Aruwan, Commissioner, Ministry of Internal Security and Home Affairs, Kaduna State, said on Wednesday, that operational feedback to the Kaduna State Government revealed that although thorough scans were conducted over the general area, no suspicious activities were observed. The forest west of Gajere was nonetheless strafed with probing shots. The crew conducted further missions over Sabon Madada, Babban Doka, Gwa...

Facebook to test cutting back on political posts in the News Feed

Facebook plans to test how people respond to seeing fewer posts about politics in the News Feed. Starting this week, Facebook will “temporarily reduce” political posts for a “small percentage” of people in Canada, Brazil, and Indonesia, with a test in the US following some weeks later. The tests will continue for the next few months. The experiment comes in response to feedback Facebook has (somehow just now) heard that “people don’t want political content to take over their News Feed,” Aastha Gupta, product management director at Facebook, wrote in a blog post this morning. The goal is to improve the News Feed by “finding a new balance of the content people want to see.” Gupta says that political content only makes up about 6 percent of the typical News Feed right now in the US. Nonethele...

DPR to upgrade downstream petroleum sector operations

File Photo The Department of Petroleum Resources, DPR, Tuesday, disclosed that it plans to upgrade operations in the downstream petroleum industry, leveraging on its ongoing automation process. In a statement in Abuja, Director/Chief Executive Officer of the DPR, Engineer Sarki Auwalu, stated that the upgrade would be to global standards and would be driven by its deployment of improved technology. Auwalu, who was speaking at a virtual meeting with members of the Major Oil Marketers Association of Nigeria, MOMAN, in Abuja, noted that the DPR was currently deploying appropriate technology to enhance value for operators and investors alike in the downstream sector . Specifically, Auwalu explained that the DPR had concluded plans to launch the Downstream Remote Monitoring Systems, DRMS, an in...

Report: Jack Ma’s Ant Group considers overhaul due to regulatory pressure

Chinese financial technology giant Ant Group plans reorganisation that would allow it to be regulated more like a bank, Bloomberg reports. Jack Ma’s besieged Ant Group Co. is planning to fold its financial operations into a holding company that could be regulated more like a bank, according to people familiar with the situation, potentially crippling the growth of its most-profitable units. The fintech giant is planning to move any unit that would require a financial license into the holding company, pending regulatory approval, said the people, who asked not be named because the matter is private. The plans are still under discussion and subject to change, the people said. Ant declined to comment. The operations that Ant is looking to fold into the holding company include wealth managemen...

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