News
MC Oluomo Elected New National President of NURTW, Calls for Unity Among Members
Musiliu Akinsanya, known as MC Oluomo, has been elected as the National President of the National Union of Road Transport Workers (NURTW) during the Union’s Quadrennial Delegate Conference on Saturday at the Zonal Secretariat in Osogbo.
Delegates from Lagos, Ogun, Ondo, and Ekiti states participated in the election, where Akinsanya ran unopposed.
The acting National President, Aliyu Issa-Ore, confirmed that the election complied with the Union’s Constitution, which designates the Southwest zone to nominate the national president.
Following his oath of office, Akinsanya called for unity among members and pledged to protect the Union’s interests, stating, “This is our union, and we must be committed to preservig it.”
News
Nigeria’s Foreign Debt Servicing Costs Jump 39.7% to $3.57 Billion in 2024
In the first nine months of 2024, Nigeria spent $3.57 billion on foreign debt servicing—a 39.7% increase from the $2.56 billion spent during the same period in 2023, according to a Central Bank of Nigeria (CBN) report.
The highest monthly payment in 2024 was recorded in May, at $854.36 million, surpassing 2023’s peak of $641.69 million in July.
January saw a 389% increase compared to the previous year, while May’s payments rose by 286.52%. Although slight decreases occurred in June and July, September’s servicing costs were 17.49% higher than in 2023.
Amid rising debt payments, Nigeria’s total public debt reached N134 trillion in Q2 2024, up 10% from Q1.
News
NYSC Confirms Registration Date for Batch C, Stream 1, 2024
The National Youth Service Corps (NYSC), releases confirmed date for the registration of Batch C Stream I, 2024. The registration will commence from the 14th of November, 2024. Although the duration of days or how long the portal will be opened have not yet been stated.
Here is the photo released on their official social media page on Instagram:
News
Edo State Government Approves Removal of Executive Boards, Agencies, and Parastatals
The Edo State Government approves of the removal of Executive boards, agencies and parastatals in the state’s public service. This information was confirmed on Wednesday and released in the Chief Press Secretary, Fred Itua, statement.
Itua shared that the state governor has ordered the appointees to turn over their government properties to the public officer.
“It is hereby announced for the information of the general public that the Governor of Edo State, Senator Monday Okpebholo, has approved the dissolution of the executives of all boards, agencies, and parastatals in the Edo State Public Service, with immediate effect.””
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