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FG approves N5bn subsidy palliative, 5 trucks of rice for each state

The National Economic Council, NEC, on Thursday said that the Federal Government has approved N5 billion grant to be given to each of the 36 states of the federation for the procurement of grains as well as five trucks of rice to each state as palliatives to cushion the effect of fuel subsidy removal. The …

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Court strikes out illegal arms charges against Emefiele

A Federal High Court in Lagos, on Thursday, struck out charges of illegal possession of firearm and ammunition preferred against suspended Governor of Central Bank of Nigeria, CBN, Godwin Emefiele. Meanwhile, the scheduled arraignment of Emefiele on a fresh 20-count charge was, also on Thursday, stalled at the Federal Capital Territory, FCT, High Court sitting …

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