News - OHAFIATV

Feb

13

2024

INEC Ready for Enugu South Rerun Election

NewsEnugu State, Politics

The Independent National Electoral Commission (INEC) has announced its readiness for the rescheduled Enugu South Urban State Constituency rerun election slated for Wednesday, February 14. Rex Achumie, INEC's head of voter education and publicity department, assured journalists in Enugu of adequate preparations for the exercise. Achumie disclosed that the commission would receive sensitive materials from the Central Bank of Nigeria (CBN) in the presence of political parties and electoral stakeholders by 3:00 p.m. on Tuesday. These materials will be stored at the state INEC Headquarters in Enugu and distributed before 8:00 a.m. on polling day. He addressed concerns raised from…

Feb

13

2024

By David Okoye

FG Plans National Commodity Board to Tackle Food Inflation

NewsNext Level

The federal government is set to establish a National Commodity Board aimed at addressing the rising food inflation crisis in Nigeria. Vice President Kashim Shettima announced this during a two-day high-level strategic meeting on climate change, food systems, and resource mobilization in Abuja. Mr. Shettima outlined the board's mandate to assess and regulate food prices while maintaining a strategic food reserve to stabilize crucial grains and other food items' prices. This initiative aligns with President Bola Tinubu's Renewed Hope Agenda, where food security is identified as a priority area, leading to the declaration of a state of emergency on food…

Feb

13

2024

By David Okoye

Minister Receives Report on Port Community System Implementation

NewsMetro

The Minister of Marine and Blue Economy, Adegboyega Oyetola, received the implementation report of the Port Community System (PCS) from the Nigerian Ports Authority (NPA) and the International Port Community Systems Association (IPCSA) in Abuja. Mr. Oyetola highlighted that the PCS aligns with the Convention on Facilitation of International Maritime Traffic (FAL) of the International Maritime Organisation (IMO), aiming to prevent unnecessary delays in maritime traffic and enhance cooperation between governments. He emphasized the importance of electronic FAL declarations, mandated by the FAL convention of April 2019, as a preparatory step for enforcing the single window approach in 2024. Expressing…

Feb

13

2024

By David Okoye

Tinubu Requests Senate Confirmation of CBN Directors, NPC Commissioner

NewsPolitics

President Bola Tinubu has submitted the names of five directors for confirmation to the Central Bank of Nigeria (CBN) board and one commissioner for the National Population Commission (NPC) to the Senate. Tinubu's request, conveyed in a letter to Senate President Godswill Akpiabio, highlighted the nominees: Robert Agbide, Ado Wanga, Muritala Sagaley, Urom Eke, and Olayinka Aliyu for the CBN board. The appointment process aligns with the Central Bank of Nigeria Establishment Act 2007, according to Tinubu, citing specific sections. Upon receipt, Senate President Akpiabio referred the matter to the Senate Committee on Banking, Insurance, and Other Financial Institutions for…

Feb

13

2024

By David Okoye

Nigerian Breweries Announces Price Hike Amidst Rising Costs

NewsMetro

Nigerian Breweries PLC has informed its customers of an upcoming price increase for several of its products, set to take effect on Monday, February 19, 2024. Lekan Awosanya, the company's zonal business manager for the West, conveyed this decision in a price review notification issued on Monday, February 12. The price adjustment is deemed necessary to offset the impact of escalating production costs, as stated by Mr. Awosanya. He emphasized the company's commitment to delivering open orders at current prices for those fully funded and entered into the system before midnight on Monday, February 19, 2024. However, orders exceeding a…