Some civil servants welcomed the reintroduction of gratuity in the federal civil service, describing it as a major relief that will ease financial burdens after retirement.
Governor Abba Kabir-Yusuf described the initiative as a defining moment in the state’s efforts to build a more inclusive and prosperous society.
For countries far removed from the battlefield, including Nigeria and much of Africa, the consequences would still be profound.
Projecting future trends, Mr Gillis-Harry warned that petrol could rise to close to N2,000 per litre, while diesel could approach N3,000 per litre if the situation persists.
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“We have saved Nigeria from bankruptcy. It was very daunting and challenging when we took over. But today I can say with pride and joy that we have survived,” stated the president.
The group CEO of Guaranty Trust Holding Company, Segun Agbaje, has been named the winner of the ‘2025 Banking Pioneer Award’.
A presidential aide says that STEM-driven startups hold the key and possess the capacity to solve Africa’s challenges.
In the United States, the average cost of gasoline (petrol) surged to $3.45 per gallon on Sunday, indicating about a 47 per cent increase.
Mr Oni noted that improved local refining capacity would ultimately help stabilise fuel supply and moderate prices over time.
The latest increment notice was sent to petroleum marketers and depot operators nationwide on Monday.
