Sunday, September 25, 2022
CEM REPORT | David Umahi the executive governor of Ebonyi State has built a N1.2 billion governor’s lodge in Abuja. The governor claims that the lodge is the best in the country noting that the existing one in Maitama, Abuja, was not fit enough for him to discharge his duties. Umahi...
CEM REPORT, EDUCATION | The suit filed against the Academic Staff Union of Universities (ASUU) at the National Industrial Court has been adjourned again till Monday, September 19 for a hearing of the interlocutory application of the Federal Government. During the argument, Femi Falana, counsel to ASUU argued that the...
CEM REPORT, HUMANITARIAN | The US African Development Foundation (USADF) has announced the opening for proposals for the Accelerate Africa Entrepreneurship Challenge 2022 The challenge which is geared towards economically empowering youths and women, and improve job creation across the Africa continent offers a grant worth between $50,000 to $250,000...
CEM REPORT, EDUCATION | In its effort to curtail examination malpractices the Joint Admissions and Matriculation Board (JAMB) has said it will no longer conduct mop-up examinations for candidates of Unified Tertiary Matriculation Examination (UTME) who are not bio-metrically verified. This is according to JAMB’s Weekly Bulletin from the office...
CEM REPORT, BUDGET | The Executive Vice Chairman, Federal Competition and Consumer Protection Commission (FCCPC), has announced a target revenue of N14.3 billion for 2023. Babatunde Irukera disclosed to the House of Representatives Committee on Finance during the hearing on the 2023-2025 Medium Term Expenditure Framework/Fiscal Strategy Paper (MTEF/FSP) in...
CEM REPORT, OIL & GAS | According to the Nigeria Extractive Industries Transparency Initiative (NEITI) a total of  N13.7 trillion ($74.386 billion) was spent on fuel subsidy between 2005 and 2020. Ogbonnaya Orji, the Executive Secretary of NEITI, disclosed this in a report presented to the House of Representatives ad-hoc...
CEM REPORT, FINANCE | In the first quarter of the year (Q1’22), $4.86 billion worth of foreign exchange was sold to authorized dealers by the Central Bank of Nigeria (CBN). The recorded figure is a 5.8% decrease from what was recorded in the previous quarter. This is according to the Central...
CEM REPORT, SECURITY | The Executive Governor of Lagos State, Babajide Sanwo-Olu has signed an Executive Order that mandates the removal of abandoned vehicles and other environmental abuse under bridges across the state. Owners of vehicles and motorists have been issued a seven-day ultimatum to vacant under bridges or risk...
CEM REPORT, ELECTION | The Independent National Electoral Commission (INEC) has commenced the cleaning up of its voter register using the Automated Biometric Identification System (ABIS) since the suspension of the Continuous Voter Registration (CVR) on 31st July 2022. The commission revealed that a total of 1,126,359 have been deregistered...
CEM REPORT | Nigeria’s crude oil production for August declined to 972 thousand barrels per day (t/bpd) according to the Organization of Petroleum Exporting Countries (OPEC) monthly oil market report. While the total crude oil production from OPEC members averaged 29.65 million barrels per day in August 2022, indicative of...