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Press Release

April, 2024

  • 11 April

    FG promises to install 2.5 million meters annually for 5 years

    The Federal Government has stated that about 2.5 million meters would be installed this year. It is in a bid to bridge the metering gap across the country and ensure consumers pay the right amount for electricity. On April 2, 2024, the Special Adviser to the President on Information and Strategy, Bayo Onanuga, stated that the move by government to ...

  • 11 April

    Raised Electricity tariffs earn FG N1.5tn

    The recent tariff adjustments in electricity tariff for Band A customers to has earned Federal government more money. Onanuga had said the President Bola Tinubu-led administration was poised to allow the price hike in electricity given its N450bn budget for energy subsidies in 2024. But in a document on issues around the tariff hike, from the Federal Ministry of Power ...

  • 11 April

    LT Bus Plunges Into Lagos Lagoon, victims’ bodies missing

    Rescuers are currently combing the murky waters of the Lagos lagoon looking for the bodies of two passengers of a bus who were flung into the lagoon from the top of Third Mainland Bridge on Wednesday morning. LT 18-seater bus with registration number FKJ 872 YA. The victims were among passengers onboard an LT 18-seater bus involved in an accident ...

  • 8 April

    Wife reveals reasons she left, as Comedian AY confirms marriage crash

    Mabel Makun, an interior decor expert and the wife of a popular Nigerian comedian Ayo Makun, aka AY, has responded to the rumours of her marriage breakup. Ayo and Mabel got married in November 2008, and they are blessed with two children. The mother of two posted a video on her Instagram page noting that distance is her response to ...

  • 8 April

    Ex-CNN anchor, Don Lemon marries gay partner, Tim Malone in New York City

    Don Lemon, the former CNN anchor, and his longtime partner, Tim Malone, 38, officially became husband and husband(wife) on Saturday, April 6, in New York City. The couple, who announced their engagement in 2019, exchanged vows in a private ceremony surrounded by their loved ones. Lemon, who is 58, and Malone, who is a real estate agent, have been together ...

  • 8 April

    Citizens kick as Tinubu introduces 3 digital national IDs

    There are indications that Nigerians of hues and cry are seeing the the planned initiative as a duplication of efforts and a waste of resources. YOUNEWS has it on good authority that the Federal Government is to launch three new national identity cards in May this year and has a target of providing them for about 104 million citizens across ...

  • 8 April

    Bureaux De Change Operators jittery, beg CBN to lower rate

    It’s as if the hand of the clock is turning, as the naira’s speedy recovery is making CBN’s selling rate to BDCs very expensive and difficult to offload to retail end buyers who were going to the undocumented forex operators for cheaper rates. Already, many BDCs, who funded their accounts for dollar allocations, are yet to receive their allocation of ...

  • 8 April

    Three national ID cards for 104m Nigerians by June, Tinubu yet to approve

    The Federal Government is to launch three new national identity cards in May this year and has a target of providing them for about 104 million citizens across the country. The three new national identity cards planned by the National Identity Management Commission include a bank-enabled National ID card, a social intervention card, and an optional ECOWAS National Biometric Identity ...

  • 8 April

    Eid-el-Fitr: FG declares Tuesday, Wednesday public holiday

    The e Federal Government has declared Tuesday and Wednesday, April 9 and 10, 2024, as public holidays to mark the Eid-el-Fitr celebration. The Minister of Interior, Olubunmi Tunji-Ojo, disclosed this in a statement on Sunday by the ministry’s permanent secretary, Aishetu Ndayako. The minister congratulated all Muslims for the successful completion of the fasting in the holy month of Ramadan. ...

March, 2024

  • 30 March

    FG Subsidises Hajj Fares With N90bn

    The federal governmenty has released a sum of N90 billion to subsidise the 2024 pilgrimage to the Kingdom of Saudi Arabia. The National Hajj Commission of Nigeria (NAHCON) revealed. YOUNEWS learnt that without this intervention, each of the intending pilgrims would have been requested to add at least N3.5 million to the initial fare which was pegged at N4.9 million. ...