Five Ways To Survive The New Hike In Ruel Price

Published

12 months ago

May 31, 2023

Editor

Nigerians are worried about the removal of fuel subsidy as anxiety continues to increase on ways to survive with the new fuel prices.

The impacts are expected to cut across the board and are already being felt in transportation fares around cities in the country.

To ensure you get to save up on fuel and avoid spending more on transportation, here are five ways you could survive:

1. Use your engine wisely: This includes avoiding excessive idling, cruise control and overdrive-gears in order to save up on fuel.

Studies have shown that idling for more than 10 seconds actually uses more fuel and emits more CO2 than turning off and restarting an engine.

So, when taking short stops, it makes much more sense to turn the vehicle completely off and then back on when you are ready to continue your trip. This minimizes both fuel use and CO2 emissions!

2. Keep your car maintained and running smoothly: These are not the days to be carefree with the state of your car.

It is important you carry out routine checks such as cleaning air filters, getting your tires inflated and grading your oil properly among others to avoid spending more on fuel.

3. Pair with colleagues going down your route: Some colleagues drive to and fro work. You could pair with them when coming down to work or going back home to save transportation cost.

4. Telecommute: There could be an arrangement with your employer to have you telecommute on some days in order to save up on exorbitant transportation fare.

5. Move close to your workplace: This will ensure you avoid spending much on transportation as you could stroll down or have a short distance ride to your workplace.

Bauchi Commissioner Gifts 3 Students Cash For Prompt Resumption, Ability To Read

Published

6 hours ago

May 17, 2024

Editor

The Bauchi state Commissioner for Education, Dr Jamila Dahiru, on Thursday, gave a cash gift of N5,000 each to three Senior Secondary II students of Government Science Secondary School, Misau for their determination to succeed in Education.

Two of the students, Adamu Adamu, Mustapha and Haruna impressed the commissioner for their presence in school in the first day of resumption while Abdullahi Musa marvelled her for his reading ability and comprehension.

According to the commissioner, the gesture was to appreciate their determination to learn as well and motivate other students to emulate them.

While paying a courtesy visit to the Emir of Misau, Alh. Ahmed Sulaiman, the commissioner disclosed that the Bauchi State government was working with stakeholders from the Misau Emirate to fine-tune modalities of temporarily accommodating the students of Federal Science Technical College, Misau at its Science Secondary School Misau.

She said the college made the request in a letter to the ministry stating that the facility given to them could no longer accommodate their students population, hence the resolve to convene the stakeholders meeting to fine-tune ways of sharing the facility for the betterment of the state.

She disclosed that government science secondary school Misau, one of the best in the state in terms of befitting facilities has the capacity to accommodate up to five thousand students, but currently houses about three hundred students.

She appreciated the Emir for his continued support to programmes and policies of the government with more emphasis on the education sector.

Speaking on behalf of the Emir and other stakeholders, a retired Director with the Ministry, Muhammad Musa, expressed gratitude to the Commissioner for the honour and promised to assemble critical stakeholders from the emirate so as to arrive at an acceptable decision for the benefit of all and sundry.

News

NDIC Obtains Order To Wind Down 96 Microfinance, Mortgage Banks

Published

7 hours ago

May 17, 2024

Editor

The Nigeria Deposit Insurance Corporation has said that it has obtained Winding up Orders for 96 out of 183 microfinance and primary mortgage banks whose licenses were revoked by the Central Bank of Nigeria in May 2023.

The Managing Director, NDIC, Bello Hassa, revealed this at a sensitisation seminar for Judges of the Federal High Court in Lagos on Thursday organised by the NDIC, to enlighten the judiciary on the intricacies of the banking industry.

Hassan said, “As at date, the Corporation had obtained Winding up Orders for 96 out of 183 Micro Finance and Primary Mortgage Banks whose licenses were revoked by the CBN in May 2023, in less than one Year of revocation.”

He added that the NDIC was committed to fulfilling its mandate of protecting depositors through bank supervision, failure resolution and liquidation so as to boost confidence in the financial system.

Speaking on the role that the judiciary plays in the fulfillment of the mandate, Hassan said, “We recognise the judiciary as one of our critical stakeholders. With this, when cases are brought before them, they can receive accelerated hearing and proclamation of Justice.”

Citing some of the achievements from previous editions of the seminar, Hassan said that instances where liquidation-related litigations experienced delays were reduced.

News

JUST IN: 36 Speakers Back State Police

Published

8 hours ago

May 16, 2024

Editor

Speakers of the 36 Houses of Assembly in Nigeria on Thursday expressed support for the National Assembly’s ongoing efforts to alter the 1999 constitution to create state policing in the country.

The Speakers made their resolution known at the end of their meeting in Abuja.

The Senate and House of Representatives are currently working to amend various constitutional provisions, including those regarding state police, financial autonomy for local government, fiscal federalism, and mayoral status for the FCT.

Details shortly…