University Press reports 378.9% jump in yearly profit on rising school book sales and other income
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How Nigerians can enjoy cheaper PMS – Kalu Aja
A financial expert and educator, Kalu Aja, has suggested the condition that would make Nigerians enjoy cheaper Petroleum Motor Spirit, PMS, also known as petrol. Aja in a post on X noted that the average PMS price is N1027.75, saying it reflects the dollar exchange rate. The financial educator claimed that if PMS is refined
How Nigerians can enjoy cheaper PMS – Kalu Aja
A financial expert and educator, Kalu Aja, has suggested the condition that would make Nigerians enjoy cheaper Petroleum Motor Spirit, PMS, also known as petrol.
Aja in a post on X noted that the average PMS price is N1027.75, saying it reflects the dollar exchange rate.
The financial educator claimed that if PMS is refined locally it will still be high because crude oil is priced in dollars.
According to him, Nigerians should pray for peace in the Middle East and as well for the US Federal Reserve to reduce interest rates.
He said: “The average PMS price is N1027.75
“This reflects the $ exchange rate. If all the PMS is refined locally, PMS will still be high because PMS (crude oil) is priced in $
“Nigeria has eliminated the inefficient subsidy of NNPC importing PMS whilst owning nonfunctional refineries. Now the mighty dollar stands in our way
“Want cheaper PMS? Pray the US Federal Reserve reduces interest rates, causing $ to fall perhaps. Also, pray for peace in the Middle East
“However, if oil prices fall, Nigeria’s budget deficit will rise. So heads you lose, tails you don’t win
“Solution? Export more byproducts of Oil. This increases the return per barrel, and hopefully, this revenue stream can go to a strategic manufacturing subsidy to reduce the cost of doing business.
“Economics does not give answers; it provides options.”
How Nigerians can enjoy cheaper PMS – Kalu Aja
Kano: Suspected thugs kill three in 24 hour violence
Violence has broken out in Kano and lasted for 24 hours at Kurna Kan Mayanka, leading to the death of three people. Reports indicate that the crises started at about 11:00a.m on Sunday after a wedding ceremony. DAILY POST gathered that a group of thugs attacked the some young men without warning just after the
Kano: Suspected thugs kill three in 24 hour violence
Violence has broken out in Kano and lasted for 24 hours at Kurna Kan Mayanka, leading to the death of three people.
Reports indicate that the crises started at about 11:00a.m on Sunday after a wedding ceremony.
DAILY POST gathered that a group of thugs attacked the some young men without warning just after the wedding.
Sani Dambazau, a resident close to the area confirmed this to DAILY POST, adding that among the dead is one Umar Umar Na-mani, and there are fears the number of deaths could rise.
Abubakar Umar, brother to one of the deceased said, “he was in his shop, the thugs came and took his goods, he tried to stop them, they stabbed him and took all his properties.”
He prayed to Allah SWT to avenge them soonest.
Residents are still living in fear of reprisal attacks, while some have already abandoned their homes to safety.
The Kano police command is yet to make a public announcement, as efforts to reach the DSP Hussaini Abdullahi, Deputy Police Public Relations Officer proved abortive.
Kano: Suspected thugs kill three in 24 hour violence
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The CBN Governor’s lawyer, Yusuf Ali SAN, disclosed the development to Justice Mohammed Umar during Monday’s proceedings. The post Supreme Court Judgment: CBN Governor agrees to settle with Consultant over…
E-visa: FG Processes 14,000 Applications in Six Weeks, Says Tunji-Ojo
E-visa: FG Processes 14,000 Applications in Six Weeks, Says Tunji-Ojo
The Minister of Interior, Dr Olubunmi Tunji-Ojo, has said the recent inauguration of electronic visa (e-visa) has achieved significant success, processing over 14,000 applications within its first six weeks.
Tunji-Ojo said this at a stakeholder’s sensitisation workshop on major Nigeria Immigration Service (NIS) innovations on Monday in Abuja.
The electronic visa regime inaugurated by the Federal Government took off on May 1, 2025.
He also revealed that the electronic Combined Expatriate Residence Permit and Aliens Card (e-CERPAC) and the electronic Temporary Work Permit (TWP) were set to go live within next week.
He, however, highlighted the efficiency of the new system, saying: “I can tell you within the first six weeks of the e-visa, we were able to process over 14,000 visa applications.
“This happened within six weeks. So, by any standard in the world, is a pass mark.
“It is a huge one and of course, those little hitches, I tell you, within the next one to two weeks, will be history. We will correct them and we are already working on it,’’ he said.
The Interior Minister said that the e-visa system was introduced not only for migration management but also as a catalyst for economic growth.
“To me, when somebody needs a visa to Nigeria, and all he is looking for is who knows the minister, who knows the CG Immigration, who knows the Permanent Secretary, that is not how to grow a country.
“We must make visa issues easy while not compromising national security. There must be that strategy.
“So for the e-visa, I want to assure you that it is here, and by the grace of God, is here to stay,” he maintained.
Tunji-Ojo, however, noted that the e-border solution had significantly bolstered Nigeria’s border security framework.
According to him, we are not yet where we want to be, but we are not where we were before.
“There has been progress, and the simple truth is, we will continue to invest in our e-border governance.
“We will put more boots on the ground to make sure that every inch of the Nigerian border space is well protected,” he said.
Speaking on the upcoming e-CERPAC and TWP, the minister declared an end to the misuse of the TWP system.
He said that the era when people will come on TWP almost for free, keep renewing over and over, just to evade the law, is gone.
“So, for us, TWP is automated just like CERPAC is already automated,” he emphasised.
The minister added that discontinuing manual archiving in passport application processes had resulted in an annual saving of approximately N1 billion as the relevant contract had been terminated.
Earlier, the Comptroller General of Nigeria Immigration Service, Mrs Kemi Nandap, elaborated on the recent digital innovations by the Service.
Nandap said that the new visa regime introduced several innovative services, including the e-Visa Application Channel, e-CERPAC, Landing and Exit Cards, and Temporary Work Permit.
“The already installed e-Gates at our major airports and commissioned command and Control Centre is positioned to house and harness these technologies.
“These digital solutions leverage technology to streamline processes, enhance security, and improve the overall experience for travellers and stakeholders,” she said.
Nandap said that the e-Visa system allowed for seamless online applications, eliminating the need for physical visits to immigration offices.
She added that the e-CERPAC integrated residence permits into a digital document, simplifying processes for foreign nationals residing in Nigeria.
“Our temporary work permit has also been digitised, reducing processing times and increasing efficiency,” she said. (NAN)
The Minister of Interior, Dr Olubunmi Tunji-Ojo, has said the recent inauguration of electronic visa (e-visa) has achieved significant success, processing over 14,000 applications within its first six weeks. Tunji-Ojo
Senate President, Akpabio seeks adequate funding for Nigeria’s higher institutions
The President of the Senate, Godswill Akpabio, has charged stakeholders in the education sector to ensure that higher institutions being established in the country are not only sustained but adequately funded and effectively governed. Akpabio spoke on Monday while declaring open a public hearing organized by the Senate Committee on Tertiary Institutions and TETFund on
Senate President, Akpabio seeks adequate funding for Nigeria’s higher institutions
The President of the Senate, Godswill Akpabio, has charged stakeholders in the education sector to ensure that higher institutions being established in the country are not only sustained but adequately funded and effectively governed.
Akpabio spoke on Monday while declaring open a public hearing organized by the Senate Committee on Tertiary Institutions and TETFund on a number of critical bills aimed at expanding and strengthening the landscape of tertiary education in Nigeria.
The pieces of legislation include the Federal University of Education (Special), Oyo, Oyo State (Establishment) Bill, Federal University of Health Sciences, Funtua, Katsina State (Establishment) Bill, Federal University of Technology, Ikot Abasi, Akwa Ibom State (Establishment) Bill, Federal University of Geomatics, Oyo, Oyo State (Establishment) Bill, Federal University of Technology and Vocational Studies, Yaba, Lagos State (Establishment) Bill, Federal University of Technology, Omoku, Rivers State (Amendment) Bill, respectively.
The Senate President, who was represented by his Deputy, Senator Jibrin Barau, said “the bills under consideration are not only timely, but strategic in the collective drive to ensure inclusive, accessible, and relevant education for all Nigerians.”
“These bills reflect our recognition of the critical need to address gaps in specialized education, create opportunities for innovation and skills development, and promote regional balance in access to quality tertiary education.
“Nigeria is at a pivotal point in its development journey. Our population continues to grow, and so must our investments in human capital. Universities of technology, health sciences, education, and vocational studies are instrumental in preparing a workforce that is capable of driving innovation, delivering essential services, and transforming the nation’s economic fortunes.
“The inclusion of specialized institutions like the proposed University of Education (Special), Oyo and the University of Geomatics highlights our intention to cater to specific educational and developmental needs.
“In a similar vein, the establishment of these universities reflects our acknowledgment that a prosperous Nigeria must be powered by a generation skilled in both theoretical knowledge and practical application,” Akpabio stressed..
He added: “These initiatives are not just about constructing new campuses or expanding infrastructure. They are about empowering minds, igniting innovation, and nurturing national unity through equitable access to educational opportunities.”
The Senate President commended chairman of the committee, Senator Muntari Dandutse for the foresight and diligence in organizing the public hearing, pointing out that public participation in lawmaking is a constitutional imperative and a democratic best practice.
This, he explained “ensures that all stakeholders, from the academic community to civil society and the private sector contribute meaningfully to shaping legislation that will define our nation’s future.”
Senate President, Akpabio seeks adequate funding for Nigeria’s higher institutions