News

Just in: Senate receives report on local and foreign debts

Published

3 weeks ago

October 29, 2024

Kayode Sanni-Arewa

By Kayode Sanni-Arewa

The Senate has received the committee report on local and Foreign debts.

Presenting the report, the deputy chairman of the committee, Senator Haruna Manu (PDP Taraba central), noted that programme for the refund to Kebbi and Nasarawa state government on the newly constructed airports projects executed on behalf of the Federal government of Nigeria.

Haruna called on his colleagues to support the report and urged Federal government to refund the states.

Details shortly…

News

Filling stations set to adjust pump price as petrol crashes by over N300

Published

2 minutes ago

November 22, 2024

Naijablitznews

Nigerians to enjoy slightly lower prices for petrol following a crash in the landing cost of petroleum products.

From all indications based on the data from major marketers, including the Nigerian National Petroleum Company Limited (NNPCL) that landing cost crashed to ₦935.94 per litre from its last reported price of ₦977.

By implication, filling stations across the country are also expected to reduce the price per litre of petrol for sale to members of the public.

MEMAN in its report published on Tuesday, gave the ex-depot price for Lagos at ₦1,029 per litre for petrol, ₦1,120 per litre for diesel, ₦1,040 per litre for aviation fuel and ₦1,125 per litre for LPG.

The report put the price for Compressed Natural Gas (CNG) at between ₦230 per scm and ₦450.

Recent exchange rate stability is said to be responsible for the slight crash recorded in landing costs of petroleum products in Nigeria.

News

Bill On 6 Years Single Term, Rotational Presidency/Governorship To Be Introduced – Rep Ugochinyere

Published

2 hours ago

November 22, 2024

Gloria Ikibah

By Gloria Ikibah

Leader of the opposition coalition Rep. Ikenga Ugochinyere and 33 other members of the House of Representatives who sponsored the bill seeking to amend the 1999 constitution to provide for a single term of six years for the Offices of the President, State Governors and Local Government Areas Chairmen, have said the bill will be reintroduced again on the floor of the House.

In a statement issued by the lead sponsor and member representing Ideato North South Federal Constituency in the House of Representatives on Thursday in Abuja, Rep. Ugochinyere said all hope is not lost as more consultation will be done on the bill and represented at a later time.

Naijablitznews.com recalled that the bill which also seeks zonal rotation of presidential and governorship seats, as well as holding of the elections in one day was rejected at the plenary on Thursday 21 November, 2024.

Rep. Ugochinyere said, “the decision on the floor of the House today does not put an end to agitation and hope as they will realize this objective.

“The struggle to reform our constitutional democracy to be all inclusive and provide Avenue for justice, equity and fairness has not been lost. The decision on the floor of the House today not to allow the bill for 6 year single tenure for presidency/governorship and for power to rotate between north and south, all elections to hold in one day, not to scale 2nd reading does not put an end to agitation and hope that we will realize this objective.

“This is a temporary set back which does not affect the campaign for all inclusive democratic process. We are going to review these decision and find possible ways of reintroducing it after following due legislative procedures. All I can tell Nigerians is that we will continue the advocacy and convince our colleagues to see reason with us. If elections are held in one day, it will reduce cost, reduce rigging. If power rotates, it will help de-escalate. political tensions and six year single term will go a long way in helping elective leaders focus on delivering their democratic mandate. All hope is not lost, we will continue the advocacy and we hope that when reintroduced our colleagues will support it.”

News

Trump Announces Pam Bondi For Attorney General after Rep Gaetz Withdrawal

Published

3 hours ago

November 22, 2024

Naijablitznews

After Republican Rep. Matt Gaetz of Florida abandoned his quest for U.S. attorney general, President-elect Donald Trump wasted no time in choosing another candidate for the position.

On Thursday evening, Trump announced his decision on social media.

“I am proud to announce former Attorney General of the Great State of Florida, Pam Bondi, as our next Attorney General of the United States,” he posted on Twitter. “Pam was a prosecutor for nearly 20 years, where she was very tough on Violent Criminals, and made the streets safe for Florida Families,” according to him.

“Then, as Florida’s first female Attorney General, she worked to stop the trafficking of deadly drugs and reduce the tragedy of Fentanyl overdose deaths.”