Analysts Advise FG to Expend Banks’ Windfall Tax on Real Sector, Support Vulnerable Persons Demand transparency in utilisation Nume Ekeghe Some economists and financial
market analysts have advised the federal government to ensure that revenue from windfall tax on banks
from foreign exchange gains should be deployed to support activities in the real sector of the economy to
stimulate economic activities as well as to support vulnerable persons in the society.
They also urged the federal government to ensure transparency in the allocation of the anticipated income,
stressing the importance of directing Continued on page 5
WAEC, NECO: FG Makes U-turn on Candidates’ Age Limit...
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Saturday September 7, 2024 Vol 29. No 10741
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Tinubu: Raising Fuel Price Tough Decision, Inevitable Assures diaspora Nigerians of quality infrastructure Rates his trip to China success Deji Elumoye in Beijing, China President Bola Tinubu rounded off his official engagements in the People's
Republic of China yesterday, with a meeting with Nigerians living in Beijing, where he spoke on the recent hike in the price of petrol, explaining that the
move was a hard decision taken by his administration towards reforming the country. He also assured Nigerians living in
China that his administration would replicate the quality infrastructure available in the East Asian country before the end of his administration.
Addressing members of Nigerians in the Diaspora Organization in China (NIDO China) and the Nigerian community at the China World
Hotel, the President, to the applause of the audience, stressed that one key Continued on page 5
Petrol Price Hike Raises Cost of Living for Businesses, Families Nigerians are hungry, Kukah, AYC tell President, APC Ooni of Ife appeals for calm Dike Onwuamaeze, Sunday Ehigiator, Omolabake Fasogbon, Agnes Ekebuike in Lagos, Adedayo Akinwale in Abuja, and John Shiklam in Kaduna Families and operators of businesses in the country have continued to decry the recent hike in petrol prices as they grapple with the escalating cost of living amid widespread discontent in the country. The 50 percent increase in petrol price has rippled through the economy, driving up prices of essential goods and services, and exacerbating financial hardships for many. The price hike, which came into effect early this week, has seen petrol prices soar to record highs of between N850/litre and N1,400 per litre depending on the area, adding to the already mounting pressure on household budgets. Owing to the hardship being experienced by the citizens, the Catholic Bishop of Sokoto Dioceses, Archbishop Matthew Kukah, yesterday, called on President Bola Tinubu and the leaders Continued on page 5
STRENGTHENING INTERNATIONAL COLLABORATION… L-R: Minister of Interior, Dr. Olubunmi Tunji-Ojo; ICAO Secretary General, Juan Carlos Salazar, and Comptroller General of the Nigeria Immigration Service (NIS), Kemi Nanna, at the Country Signing Certificate Authority ceremony held in Montreal, Canada…recently
Again, A’Court Refuses to Disqualify Ighodalo in Edo Guber Poll...
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