ALL THE RELEVANT NEWS: TUESDAY

ALL THE RELEVANT NEWS: TUESDAY

🌍President Buhari has promised to leave a legacy of free and fair elections not only in Nigeria but also in the West African sub-region at large.

🌍President Buhari gave this pledge on Monday at the 2022 second ordinary session of the ECOWAS parliament in Abuja

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🌍FG has approved a 14-working-day paternity leave for male civil servants.

 

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🌍Oil prices jumped by 3% on Tuesday on hopes for a relaxation of China’s strict COVID-19 controls after rare protests in Chinese cities over the weekend. Brent crude futures gained $2.50, or 3%, to $85.69 a barrel at 1119 GMT.
* As scarcity of Premium Motor Spirit, or petrol spread to several retail outlets in Lagos on Monday, black market operators sell the product for N350 a litre.

🌍There has been no winner who merited the Nigerian National Order of Merit (NNOM) award for 2022, Chairman of the Nigeria National Merit Award Prof Shekarau Yakubu said on Monday.

🌍Nigeria earned N2.049 trillion from its oil and gas sector in the first half of 2022, representing a 9.28 per cent increase compared with N1.875 trillion recorded in the same period in 2021, recent data released by the CBN.

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🌍Agric Minister, Mohammad Abubakar says FG has released funds for the construction of 10 large-scale integrated rice mills with 320 metric tonnes capacity per day.

🌍Finance Minister, Zainab Ahmed, has observed that global tax rules are uneven, especially for developing countries. She spoke on Monday at the 42nd Annual Technical Conference of the Commonwealth Association of Tax Administrators (CATA) in Abuja.

🌍The Nigeria Deposit Insurance Corporation (NDIC) has as of June 2022, cumulatively paid N11.83 billion to over 443,949 insured depositors and over N101.37 billion to uninsured depositors of all categories of banks in liquidation.

🌍Minister of Industry, Trade and Investment Niyi Adebayo, on Monday in Abuja inaugurated the Nigeria Trade Information Portal (NTIP) in fulfillment of the World Trade Organisation (WTO) trade facilitation agreement.

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Five months after Aero Contractors suspended its scheduled commercial flight operations, the airline announced its decision to resume flight services on December 5th, 2022. (11) 2023 Politics: APC’s Bola Tinubu takes campaign abroad, to speak at Chatham House

🌍Security Stories: Troops of Operation Forest Sanity have rescued nine kidnapped persons during fighting patrols aimed at suspected bandits’ hideouts in Kaso Village in Chikun Local Government Area of Kaduna State.
* The Oyo State chapter of the Southwest Security Network, codenamed Amotekun has uncovered four AK rifles, military camouflages and about sixty rounds of 7.62 mm ammunition, alleged to have been abandoned by kidnappers operating in an undisclosed forest in the state.

 

🌍Russia-Ukraine War: Ukraine’s national power supply company says it’s running at a 27% deficit. Russian strikes have wreaked havoc on the country’s energy grid ahead of winter.
* Russian-backed authorities have hit back against Ukrainian claims that Moscow is planning to leave the Zaporizhzhia nuclear power plant amid fears of a disaster.
* Shelling killed at least 16 people in the southern Kherson region in recent days, officials say. Residents continue to evacuate due to Russian attacks.

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