Subsidy removal will discourage cross-border smuggling – Kyari

Subsidy removal will discourage cross-border smuggling – Kyari

The removal of petrol subsidy in Nigeria has effectively eliminated the incentives enjoyed by smugglers, Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPC Ltd), Mele Kyari, has said. Mr Kyari, who spoke in an interview with Channels TV on Sunday, explained that the subsidy created a price disparity between Nigeria and its … Read more

Shoprite closes store at Wuse Central Mall

Shoprite closes store at Wuse Central Mall

The Retail Supermarket Nigeria Limited (RSNL), owner of Shoprite, has announced that it would cease operations at its Wuse store located in Novare Wuse Central Mall, Abuja from 30 June. The company’s Chief Executive Officer, Folakemi Fadahunsi, said in a circular titled ‘Notification of Novare Wuse Central Mall, closure’ dated 21 June that the decision … Read more

Over 1.5 million households get N20,000 each from Nigerian govt

Over 1.5 million households get N20,000 each from Nigerian govt

The National Social Investment Programmes (NSIP) says over 1.5 million households in the country have benefited from the Conditional Cash Transfer programme of the federal government. The National Coordinator of NSIP, Halima Shehu, disclosed this on Saturday at a press briefing in Abuja. Mrs Shehu said the beneficiary households received N20,000 each as part of … Read more