Author: bibncollar

The Minister of Power, Adebayo Adelabu, says that Nigerians have ‘stopped’ complaining about the hike in petrol price because they no longer need it to run their generators due to constant electricity supply. The minister stated this while speaking in Abuja on Tuesday, October 15. Last week, the NNPCL increased the pump price of petrol at its retail outlets from N868 per litre to N968 per litre in Lagos and above N1000 in some other regions. The astronomical rise in the price of petrol led to the sharp increase in the cost of transportation, food items and other essential household…

In a bid to enhance the accessibility and comprehension of Lagos State laws, the Lagos State Government has announced its readiness to translate existing state laws from English into Yoruba. This was disclosed on Wednesday during a One-Day Stakeholders’ Meeting on the People’s Perception Survey regarding the Translation of Lagos State Laws into Yoruba, organised by the Law Reform Commission in conjunction with the Lagos Bureau of Statistics, Ministry of Economic Planning and Budget. The event took place at the Debt Management Office, STO Resources Centre, Assbifi Road, Ikeja. The initiative, which will utilise OpenAI’s GPT-4 technology for the translation…

Bib&Collar has gathered from the Publicity Desk of the NBA that the Chief Registrar of the Supreme Court of Nigeria has directed all Notaries Public to urgently log into the official notary platform at https://notary.gov.ng and update their details. Therefore, all Notaries Public are requested to provide the following information on that platform: 1. File Number 2. SCN Number 3. First Name 4. Middle Name 5. Surname 6. State of Practice or Current State 7. Office Address 8. Date Sworn in 9. Phone Number 10. Legal mail This is necessary in a bid to facilitate the creation of an electronic…

I’ve been so restless and I always wonder if the values, actions attitudes etc of our forefathers towards one another are the same as what we practice today, they referred their brothers whenever the opportunity called, they ate from the same pot, they contributed to provide shelter, food and other necessary assistance to one another, oh loud NO I guessed because what we have today is directly opposite of what they practised. In Igbo land, the concept of Obinwanne has long been a significant part of the community’s culture, symbolizing the deep bond that exists between siblings and extended family.…

A coalition of 40 civil society organisations, CSOs, yesterday berated 16 governors seeking to declare the Economic and Financial Crimes Commission, EFCC, and Nigerian Financial Intelligence Unit, NFIU, illegal at the Supreme Court. The groups, which stated their position at a briefing in Abuja, yesterday, described the action of the governors as a dangerous signal that accountability and transparency could be subverted for political expediency. The coalition called on the Supreme Court to reaffirm the legitimacy of the EFCC and uphold the autonomy of local governments as enshrined in the constitution, and asked Nigerians to stand in solidarity against…

Rich Nigerians making N100 million or more per month will pay a 25% personal income tax rate if a new tax law is approved by the National Assembly, according to Taiwo Oyedele, the chairman of the Presidential Fiscal Policy and Tax Reforms Committee. In support of a more efficient and just tax system for the nation, he claimed that 90% of the existing taxpayers are individuals who shouldn’t be subject to taxes. The Nigerian Economic Summit Group and the Ministry of Budget and National Planning organized the ongoing 30th Nigeria Economic Summit, which took place in Abuja on Monday. During…

Ekiti State Governor, Mr Biodun Oyebanji on Wednesday signed three critical bills including Ekiti state property protection (Anti land grabbing, second amendment law, 2024) passed by the state House of Assembly into law with, stressing the need to regulate and sanitize land acquisition processes in the state. The law, when fully operational will prohibit forceful entry, illegal occupation of landed properties, fraudulent and violent conducts pertaining to landed properties in the state. Other bills that were signed into law included High Court Law (first amendment, 2014) and Ekiti state legislative House (Powers and Privileges) Law, 2024. The Speaker of the…

Africa-focused e-commerce retailer Jumia Technologies will shut down its South African online fashion retailer Zando and its Tunisian operations by the end of the year. CEO Francis Dufay revealed that the move is part of a strategic refocus on more profitable markets such as Nigeria. To achieve profitability, Jumia is implementing aggressive cost-cutting measures, which include reducing its workforce, exiting the everyday grocery and food delivery sectors, and scaling back delivery services unrelated to its core e-commerce business. “The trajectory of the countries did not align with the strategy of the group,” Dufay explained, citing complex macroeconomic conditions, a competitive…

The Nigerian Super Eagles players declined to play their game with the Mediterranean Knights of Libya over the unpleasant attitude of Libyan authorities by rescinding their approved landing in Benghazi with no official reason. The Nigeria national team players were locked in Al Abraq airport without a phone connection, food, or drink for hours. Sport is an extension of diplomacy, Ordinarily, international games such as the Africa Nations Cup qualifying games are instruments to promote political, economic, and cultural relations among nations. it should be an instrument of peace. However, it has become counter-productive in the light of the present…

Chief Justice of Nigeria (CJN), Kudirat Kekere-Ekun, has cautioned that the Nigerian public will lose confidence in the judiciary if judges continue to delay case execution. She made this statement during the third annual National Judicial Council (NJC) conference on judges’ performance evaluation in Abuja on Tuesday. Expressing concern over the rising number of pending cases and the slow rate at which judges are resolving them, the CJN highlighted alarming statistics. “As of the first quarter of 2024, we had a total of 243,253 cases pending in our superior courts of record, exclusive of the Supreme Court,” Kekere-Ekun said.…