News
Federal Government Increases NYSC Monthly Allowance to N77,000
The Federal Government has approved an increase in the monthly stipend for members of the National Youth Service Corps (NYSC), raising it to N77,000, effective from July 2024.
This decision follows the enactment of the National Minimum Wage (Amendment) Act 2024.
Caroline Embu, the acting Director of Information and Public Relations for NYSC, confirmed the development in an official statement.
The new allowance is based on a directive from the National Salaries, Incomes, and Wages Commission.
The commission communicated the change in a letter dated September 25, 2024, signed by its chairman, Ekpo Nta.
Prior to this announcement, Brigadier General Y.D. Ahmed, the Director General of NYSC, had advocated for an improved welfare package for corps members.
During a visit to the chairman of the National Salaries, Incomes, and Wages Commission, Ahmed highlighted the need for better financial support for NYSC participants.
He expressed gratitude to the Federal Government for responding positively to this request.
The NYSC leader believes this increase will significantly benefit corps members, providing them with much-needed financial relief and enhancing their motivation to serve the nation more diligently.
He is optimistic that the improved stipend will encourage corps members to take on their responsibilities with renewed enthusiasm.
Before this adjustment, the monthly allowance for NYSC members was N33,000.
The new increment, therefore, marks a substantial improvement and reflects the government’s recognition of the crucial role that these young individuals play in national development.
News
Andrew and Tristan Tate Lose Over £2 Million in Seized Funds Amid Tax Evasion Allegations
Westminster Magistrates Court has ruled against Andrew Tate and his brother Tristan, leading to the seizure of over £2 million from their accounts due to unpaid taxes linked to their online businesses.
The funds, held in seven frozen bank accounts, were traced to the Tates and a woman identified as J. Authorities allege the brothers funneled substantial sums, including cryptocurrency, through accounts in J’s name, despite her lack of involvement in their ventures.
Chief Magistrate Paul Goldspring described the scheme as a “straightforward cheat of the revenue,” uncovering years of alleged tax evasion and money laundering. Devon and Cornwall Police revealed the brothers accrued millions between 2014 and 2022 without paying taxes or VAT.
Andrew Tate, however, criticized the ruling, claiming it is part of a “coordinated attack” to silence dissent. “This is not justice; it’s theft disguised as legal action,” Tate said in a statement.
The brothers are also facing separate criminal charges in Romania, including allegations of human trafficking and rape, and are set to be extradited to the UK.
News
Akpabio Defends Tinubu’s Tax Reforms, Urges Critics to Engage Thoughtfully
Senate President Godswill Akpabio has defended President Bola Tinubu’s tax reforms, calling on critics to engage with the initiatives more thoughtfully.
Speaking during Tinubu’s presentation of the 2025 budget, Akpabio praised the four tax reform bills as a monumental step toward revitalizing Nigeria’s economy.
He described the reforms as the first comprehensive tax overhaul since independence, aimed at boosting revenue, supporting small businesses, and fostering sustainable development.
Akpabio criticized detractors for dismissing the reforms without understanding their potential impact and urged all Nigerians to embrace this transformative opportunity.
News
17-Year-Old OOU Student Arrested for Allegedly Stealing and Attempting to Sell Phones
17-Year-Old OOU Student Arrested for Allegedly Stealing and Attempting to Sell Phones
A 17-year-old student of Olabisi Onabanjo University (OOU), Sobando Semilore, has been arrested by the Ago-Iwoye police for allegedly stealing two high-end smartphones and attempting to sell them.
According to a statement released by the Ago-Iwoye police division, Semilore, a first-year Political Science student residing in Danmark Hall, was caught on December 17, 2024. He was allegedly in possession of a Samsung S21 valued at ₦350,000 and an iPhone 14 Pro Max worth ₦650,000, both belonging to Muktapha Adenugba.
The statement revealed that the suspect was apprehended around 5:00 PM while trying to sell the stolen phones at Pepsi Junction in Ago-Iwoye. During interrogation, he reportedly admitted to stealing the devices from a poolside at Gardeen, a well-known relaxation spot.
The police confirmed that the stolen phones have been recovered and returned to their rightful owner. Investigations into the case are ongoing, with further updates expected.
This incident has sparked conversations about crime among students, with many emphasizing the need for vigilance and better security measures in social spaces.
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