Poor
NLC urges National Assembly to transform NNPC to public liability company
The Nigeria Labour Congress has cautioned the National Assembly to handle with utmost care what it described as the very sensitive issue of the unbundling of the Nigeria National Petroleum Corporation. It urged the lawmakers to transform the NNPC to a public liability company as part of the reforms of the oil and gas sector captured in the Petroleum Industry Bill. The NLC President, Ayuba Wabba, said this on Tuesday, in a statement lauding the passage of the PIB titled, ‘Congress commends the national assembly for passing the petroleum industry bill – demands that the NNPC be transformed into a public liability company.’ It stated, “We know that the process of making the PIB a law has not been completely consummated as the passed bill would still need to be harmonized by a conference of th...
Nigerian government’s special cash grant for rural women launched in Yobe
Federal government has on Friday Flag-off Special Cash Grant for Rural Women in Damaturu, Yobe State capital. Launching the programme, the Minister of Disaster Management and Social Development, Sadiya Umar Farouq said that “we gather to provide support to citizens of our beloved country. I am delighted to have you all converge on this venue for purpose of flagging off the Federal Government’s cash grant for rural women, which is a significant social protection programme of President Muhammadu Buhari’s government, aimed at uplifting the most vulnerable groups out of poverty”. According to her, since the inception of President Muhammadu Buhari’s Administration in 2015, Government has paid more attention to protecting and promoting the plight of the poor and vulnerable in the country. This s...
Archbishop Sam Zuga: CBN lacks power to stop cryptocurrency
Archbishop Sam Zuga has reacted to the Central Bank of Nigeria’s (CBN) new order on Cryptocurrency. The Apex bank had directed Deposit Money Banks (DMBs) and other financial institutions to close accounts of persons who are using their systems for cryptocurrency trading. Reacting to the shocking news, Archbishop Sam Zuga, the CEO of one of Africa’s fastest growing currency, Zugacoin expressed his disappointments at the CBN’s decision, while allaying the fears of Zugacoin investors and intending buyers. According to the Cleric’s message obtained from his social media page, “Cryptocurrency doesn’t need bank account to operate or exist.” He wrote, ”RICH PEOPLE WANT THE POOR TO REMAIN POOR. NOT AGAIN! This is is not news. It has been like this since the beginning of Cryptocurrency. But right n...
