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August 30, 2024 FG Gives Deadline To Traders Hiking Prices of Goods in the Country
IFMUYONEWS

FG Gives Deadline To Traders Hiking Prices of Goods in the Country

The Federal government has given a one-month deadline to traders and other market stakeholders involved in exploitative pricing to crash the prices of goods.

 

 

Speaking at a one-day stakeholders engagement on exploitative pricing on Thursday in Abuja, the newly appointed Executive Vice Chairman of the Federal Competition and Consumer Protection Commission (FCCPC), Mr. TUNJI BELLO, said the commission will begin enforcement after the one month deadline.

 

 

He said that the meeting was to address the growing trend of unreasonable pricing of consumer goods and services and the unwholesome practice of market associations.

August 30, 2024 Governor Umo Eno Mourns CP Waheed Ayilara
IFMUYONEWS

Governor Umo Eno Mourns CP Waheed Ayilara

Akwa Ibom State Governor, Pastor Umo Eno, has expressed the condolences of the government and the people of Akwa Ibom State on the painful and sudden passing of the Commissioner of Police in the state, late Waheed Ayilara.

In a message of condolence released by his Chief Press Secretary, Ekerete Udoh, Governor Eno eulogized the late Commissioner of Police as “one of the finest operational officers, a genial and fine gentleman who epitomized the finest ideals of the Nigerian Police Force.

The Governor noted that the late Commissioner of Police was deeply involved with the fabric of the state, having served his mandatory National Youth Service in Akwa Ibom years ago, and later came back as the Unit Commander of Police Mobile Unit 26.

The Governor extended deepest condolences to his family, the Inspector General of Police, IGP Kayode Egbetokun, NPM, the Akwa Ibom State Police Command, and indeed the entire members of the Akwa Ibom State security community.

August 29, 2024 MAN Appeals to Central Bank of Nigeria to Reduce Interest Rates
IFMUYONEWS

MAN Appeals to Central Bank of Nigeria to Reduce Interest Rates

The Manufacturers Association of Nigeria (MAN) has appealed to the Central Bank of Nigeria – CBN to reduce interest rates to save the country’s manufacturing sector.

The outgoing Chairperson of MAN in Kwara/Kogi States, BIOKU RAHMAN, made the appeal at the association’s 10th Annual General Meeting (AGM) in Ilorin, the Kwara State capital.

Mr RAHMAN said the CBN needs to direct commercial banks to reduce interest rates on industrial loans. He also urged the Bank of Industry (BOI) to roll out further reductions in its lending rates to industries.

The outgoing MAN Boss urged the CBN to widen the window of foreign exchange to local industries while urging the federal government to harmonise taxes and levies at the federal, state and local government levels.

August 29, 2024 President Tinubu Appeals for Concerted Efforts to Address Enviromental Issues as Floods Ravage Parts of the North
IFMUYONEWS

President Tinubu Appeals for Concerted Efforts to Address Enviromental Issues as Floods Ravage Parts of the North

, President BOLA TINUBU said he has received the news of the devastation wreaked by floods on communities and farmlands across the country with profound grief.

Recent data by the National Emergency Management Agency (NEMA) indicate that lives have been lost — with thousands of hectares of farmlands damaged and thousands of people displaced by floods across the country.

Responding to the development, President TINUBU sympathized with all the victims, especially bereaved families, farmers, displaced communities, and those who have lost property.

According to a statement by the Special Adviser to the President on Media & Publicity, Chief AJURI NGELALE, President TINUBU e-emphasized the need for concerted effort to address existential environmental concerns and build more climate resilient and adaptive society

He prayed for the repose of the souls of the deceased, while assuring Nigerians that his administration, through the relevant agencies, will continue to provide the needed support for victims, as well as timely warnings to mitigate the impact of environmental mishaps.

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