NEWS:FG to sell Nigerian Communications Satellite,Electricity, gas prices push inflation to 8.2% and lots of other news reports….

FG to sell Nigerian Communications Satellite –BPE

The Federal Government says it has decided to sell the Nigerian Communications Satellite Limited in order to inject the entrepreneurial spirit into the running of the company, the Director-General of the Bureau of Public Enterprises, Mr. Benjamin Dikki, has said.

This was made known during a courtesy visit by Mr Dikki to the Director-General of the National Space Research and Development Agency, Prof. Seidu Mohammed. He said it was necessary to inject entrepreneurial spirit into NigComSat in order to make the company commercially viable.

He went further to explain that in privatizing NigComSat, the security of the nation would not be compromised.

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Electricity, gas prices push inflation to 8.2%

On Monday, the National Bureau of Statistics released the Consumer Price Index for January, stating that increase in the prices of non-food items such as electricity, gas and other fuels had pushed inflation up by 8.2 per cent.

According to the report, apart from increases recorded in electricity and gas prices, footwear, housing, water, furnishing, household equipment maintenance items as well as clothing as other major components that pushed up the inflation rate.

The report said, “In January, the Consumer Price Index, which measures inflation, rose by 8.2 per cent (year-on-year), 0.2 percentage points from 8.0 per cent recorded in December.

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INEC: Card Reader will Guarantee Credible Voting

The National Electoral Commissioner in charge of Lagos, Ondo and Osun States, Prof. Akinola Salawu, on Monday gave the assurance that the Independent National Commission (INEC) , will conduct a free and fair election with the use of the card reader machine.

He said this during the evaluation and confirmation tour in Akure, Ondo State.

Salawu, while speaking to journalists at the INEC headquarters in Akure, said the card reader would add value to the Nigeria’s electoral system because it would eliminate multiple voting and other fraud related to voting, he also said the card reader had has been tested and is found efficient.

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INEC to prosecute voters with fake PVCs

The Resident Electoral Commissioner of the Independent National Electorial Commission (INEC), Rufus Akeju in Oyo State, said that any voter caught with fake Permanent Voter Card during the general elections will be prosecuted.

He said mechanisms have been put in place by the commission to check rigging.

He vowed that INEC would not allow any form of rigging during the elections and he also said a total of 1,563,800 PVCs had been distributed by INEC in the state.

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