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Showing posts with the label nigerian

Ashmusy gets N5m to N65m every month; how did she get that wealthy?

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  Ashmusy, a Nigerian comedian, is very rich. She has a large number of Instagram followers and YouTube subscribers. She said that she earns between N5 million to N65 million per month, which is a huge sum of money. She became rich as a result of her funny YouTube videos and her work with brands on Instagram. In Nigeria, she is known as one of the best female comedians. She even said she hopes to become a billionaire by the age of 30. Amarachi Amusi, the skitmaker, confessed her desire to become a billionaire before the age of 30 in an interview with Topnotch's Richard Igwe. She further said that she would love to marry a man who earns the same as she does. She expects that a potential partner will spend between N5 million and N20 million on her each month since she want a partner who is financially successful like her. Amarachi said that being wealthy can make it difficult for women to find love since successful women can scare some guys. She believes that males should be the prim...

Nigerian Presidency Believes ‘Fuel Subsidy Removal’ Led People To Poverty

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  The Nigerian Presidency has expressed concern over the removal of  fuel subsidy , stating that it has led to increased poverty among Nigerians and a loss of support for the government.  President Bola Tinubu announced the removal of subsidy on petrol in May, citing the inability to continue subsidizing petrol for neighboring countries. However, the government is now worried about the negative impact of this decision on the citizens. A close aide of the President, speaking anonymously, revealed that the government is aware of the growing discontent among the people and the possibility of civil unrest.  There are indications that organized labor, civil society, and the opposition are planning protests that could threaten the stability of the government.  The aide also mentioned the ongoing challenge to the legitimacy of President Tinubu’s election, which adds to the potential for unrest. The aide further explained that the Nigerian National Petroleum Company Lim...

Petrol Reaches N617 Per Liter As NNPC Increases Pump Price

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  The Nigerian National Petroleum Company Limited (NNPCL) has increased the pump price of petrol, from N537 to N617 per liter. The pump price of petrol is also known as Premium Motor Spirit (PMS). This adjustment was observed at some filling stations in Abuja and is expected to be implemented nationwide. The decision by NNPCL indicates an increase in the pump price of petrol. According to Mike Osatuyi, the National Operations Controller of the Independent Petroleum Marketers Association of Nigeria (IPMAN), the price increase was inevitable due to the rise in the ex-depot price.  The ex-depot price is the price at which marketers purchase petroleum products from depots, and it influences the selling price to consumers. Osatuyi explained that the increase in ex-depot price necessitated the upward adjustment in the pump price. Osatuyi also mentioned three factors contributing to the fuel price increase.  Firstly, there has been a recent increase in crude oil...

Nigeria: Elected politicians and judges set to get 114% salary raise

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  Muhammad Shehu, the chairman of the Revenue Mobilisation, Allocation, and Fiscal Commission (RMAFC), an agency of Nigeria, has said that the salaries of elected Nigerian politicians, judges, and public office holders will be increased by 114 per cent. Muhammad Shehu presented the reports of the reviewed salaries package to Nasir Idris, governor of Kebbi, a state in northwestern Nigeria. Muhammadu Shehu, represented by the Federal Commissioner, Rakiya Tanko-Ayuba, presented the remuneration report to Nasir Idris during a visit at the Government House, Birnin Kebbi. According to the News Agency of Nigeria (NAN), the State Houses of Assembly in Nigeria will allow the implementation of the reviewed remuneration packages for political, public, and judicial officers in the country. The RMAFC chairman asked the National Assembly of the Federal Republic of Nigeria to amend relevant laws to pave the way for a 114 per cent salary rise for elected politicians and judges in Nigeria....

Former Nigerian President Jonathan tasks African leaders on AfCFTA

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  Goodluck Ebele Azikiwe Jonathan, who served as the president of Nigeria from 2010 to 2015, has charged African leaders with the full implementation of the African Continental Free Trade Area (AfCFTA), a free trade area surrounding most of Africa.  While attending the second Kenneth Kaunda Memorial Public Lecture on Saturday in Pretoria, South Africa, he called on African leaders to unite. He made the call in a speech at the lecture titled  ‘Kenneth Kaunda’s Lessons For Humanity’. According to the News Agency of Nigeria (NAN), Goodluck Jonathan said that AfCFTA was an economic blueprint for Africa’s economic self-sufficiency. Jonathan reportedly said,  “We need to demonstrate solidarity to address our shared problems of insecurity, poverty, and unity among our people. It is time to forge partnerships across the African continent that will guarantee unity and enhance its developmental prospects. It is within this context that the advocacy for the full implementation ...

Deadly Boat Capsizing in Nigeria: Women and Children Among the Victims

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  The majority of those who perished when a boat capsized in Nigeria’s north-central region were women and their children, survivors and local authorities told the Associated Press on Thursday as search efforts came to a conclusion. A total of 108 people were reported missing after the incident. According to survivors, the wooden boat was carrying more than 250 people when it collided with a tree trunk and shattered early Monday morning on the River Niger in the state of Kwara. The passengers had just returned home from a wedding that had taken place late into the night. Ibrahim Mohammed, one of the survivors, revealed that they had transported children to shore,  “but some of the women didn’t want to leave their children behind, and they drowned.”  According to Mr. Mohammed,  “the majority of the women on the boat were pregnant or had young children, and the majority of those who perished were women and young children.”  He stated that he was able to save three...

Nigerian president urges patience after fuel subsidy upheaval

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  Bola Tinubu, the current president of Nigeria, has urged Nigerians to be patient after his decision to remove a popular petrol subsidy that increased petrol, transport, and food prices. On June 12, the Nigerian President said in a broadcast to mark Democracy Day,  “I admit that the decision will impose an extra burden on the masses of our people. I feel your pain. The government will repay you through massive investment.” The popular gasoline subsidy in Nigeria helped keep consumer prices for gasoline low. Reportedly, the subsidy led to wider budget deficits and drove up public debt.  Nigerian President Bola Tinubu  decided to stop fuel subsidies at the end of June. He urged Nigerians to sacrifice a little more for the survival of Nigeria. On his first day in office in May, he called for an end to the subsidy. Subsequently, petrol prices increased from 190 nairas ($0.41) per litre to about 540 nairas per litre. Nigeria started experiencing fuel shortages and long q...

The US imposes a visa ban on Nigerian general election disruptors

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The United States of America has stated that it has initiated the process necessary to deny visas to individuals who were responsible for disrupting the most recent  general elections in Nigeria. Secretary of State Antony Binken issued a statement that was posted on the website of the United States Department of State, stating that  “the United States is committed to supporting and advancing democracy in Nigeria and around the world.”  Blinken made it clear that the visa ban does not apply to the Nigerian people as a whole or the Nigerian government in its entirety. Rather, the ban is only applicable to a select few individuals. According to the statement, these persons will be subject to limits on visas to enter the United States under the US Immigration and Nationality Act. This policy covers those who are thought to be responsible for or complicit in undermining democracy.  “These individuals have been involved in the intimidation of voters through threats a...