Author: Ifetayo Adeniyi

Nigeria’s president announces measures to boost economy   President Bola Ahmed Tinubu [Presidency] Suspension of excise taxes on telecom services and locally produced goods Scrapping of fuel subsidy that cost the state $10 billion last year Overhaul of Nigeria’s inadequate power industry and promise of a business-friendly environment. Nigeria’s President Bola Tinubu has recently announced a series of changes aimed at boosting the country’s economy. One of these changes involved the suspension of excise taxes on telecommunications services and locally produced goods that were introduced just two months ago. The move was made to address “business unfriendly fiscal policy measures…

Top 6 Billionaires Who Own And Manage Airlines In Nigeria The aviation industry is surely a viable venture. Here is a list of top billionaires who own and manage airlines in Nigeria. Air Peace Limited – Allen Onyema: Founded in 2013, Air Peace is the largest airline in Nigeria and West Africa. Allen Onyema started the airline with the aim of providing economic opportunities to Nigerian youth. The aviation industry is surely a viable venture. Here is a list of top billionaires who own and manage airlines in Nigeria. Air Peace Limited – Allen Onyema: Founded in 2013, Air Peace…

Here comes Akpabio, the Uncommon Nationalist In his native Annang land in Akwa Ibom State, there is a philosophical idiom which best fits the ascendance of Godwsill Obot Akpabio, former governor, former Minority leader of the Senate and former Minister, to the position of Senate President. It is ‘mkpo ama odot owo eyak eno’. The translation is deeper than the literal meaning of ‘when a man deserves a position, give it to him’. It also means ‘any position should be given to the man who merits it and will make good use of it’. This trumps the English equivalent of…

Threads: Twitter rival records 10 million users within hours of launch More than 10 million people have signed up for Threads, Meta’s rival to Twitter, within the first few hours of its launch, the company’s CEO Mark Zuckerberg said on Thursday. The app went live on Apple and Android app stores in 100 countries at 2300 GMT on Wednesday and will run with no ads for now, but its release in Europe has been delayed over data privacy concerns. Threads is the biggest challenger yet to Elon Musk-owned Twitter, which has seen a series of potential competitors emerge but not…

Edo, Gates Foundation train 500 youths in digital skills for workplace The Edo State Government in conjunction with the Bill and Melinda Gates Foundation have trained 500 youths in the state to build their skills for the future workplace.The one-day programme tagged, ‘Digi Link’ which took place at the University of Benin, was organised in partnership with ACIOE Associates and Public Digital to help the state government improve its digital capabilities. Speaking to journalists at the one-day workshop, the Focal Person, Edo State Social Investment Programme, Ms Osayueamem Aladeselu, said the programme would prepare the youths for the future world…

Five things to know about Zuckerberg’s Twitter-like app, Threads Mark Zuckerberg launched his Instagram Threads on Thursday, an app that is set to rival Twitter. According to screenshots from the App Store listing, Threads will function like Twitter with text-based posts that can be liked, shared and commented on. The app is currently topping the chat as the most downloaded social networking app with over 100 million downloads within 24 hours as announced by Zuckerberg. The developer of the Instagram text-based conversation app describes it as an app “where communities come together to discuss everything from the topics you care…

Tinubu signs executive orders, suspends 5% excise tax on telecoms, others President Bola Tinubu has signed four Executive Orders one of which is the suspension of the five per cent Excise Tax on telecommunication services and the Excise Duties escalation on locally manufactured products. Among them is the The Finance Act (Effective Date Variation) Order, 2023, which defers the commencement date of the changes contained in the Act from May 23, 2023, to September 1, 2023. Special Adviser to the president on Special Duties, Communications and Strategy Dele Alake, annouced this on Thursday while briefing State House Correspondents at…

Sanwo-Olu’s wife advocates unity, peace among Christians The wife of Lagos State Governor, Dr Ibijoke Sanwo-Olu, on Thursday, admonished Christians from all denominations to embrace peace and unity for the progress of Nigeria. The governor’s wife who gave the charge at the 2023 Lagos Praise 3.0 themed, ‘Casting Crowns’, said, “Beyond this service, I admonish us in the light of Hebrews 12:14 that we should follow peace with all men and holiness, without which no man shall see the Lord. “Let’s embrace peace and be pure in our relationship with people.” She added that the theme was chosen to signify…

Oba of Benin Upholds Court Judgement on Inheritance His Royal Majesty, Oba Ewuare II, the Oba of Benin, has upheld the judgement of an Edo State High court in Benin-city, which ordered Madam Enoghayin and Miss Otasowie Ogiemwonyi to take legal and physical possession of late Mr. Washington Osaretin Ogiemwonyi’s property at 7A, Upper Sokponba Road in Benin-city after granting approval for his burial rites in accordance with Benin customs and tradition. Justice H. A. Courage-Ogbebor had on July 29, 2022, delivered a judgement in a suit No: B/421/2021, between the claimants, Thomas Ogbomo Ogiemwonyi and Mrs. Odion Ogbomo (who…

I Wish Tambuwal Took My Position – New Minority Leader The new Senate Minority Leader, Simon Davou Mwadkwon, has said he wished the immediate past Governor of Sokoto State, Aminu Waziri Tambuwal emerged as the… The new Senate Minority Leader, Simon Davou Mwadkwon, has said he wished the immediate past Governor of Sokoto State, Aminu Waziri Tambuwal emerged as the minority leader instead of him. Mwadkwon stated this during a chat with ARISE TV on Thursday on issues regarding his emergence, adding that he respected the former House of Representatives Speaker. He said he regarded Tambuwal as his political godfather,…