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Nairaland Pulse | News

🗣 Like in Harry Potter: In California, a space beneath the stairs is being rented for $250 a month

A 3 by 10-foot space under the stairs in a one-bedroom apartment in downtown San Jose is available for rent at $250 per month.

Along with the rent, the landlord requests that the tenant "do some house chores twice a week."

The ad specifies that the landlord is looking for "a good gamer-geek with no criminal record and no pets."

The average rent for an apartment in San Jose is $3,132, which is 53% higher than the average across the country.

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🗣NAAT Declares Nationwide Protest Over Withheld Salaries, Sets Two-Week Ultimatum

The National Association of Academic Technologists (NAAT) has announced a nationwide protest starting on November 6, 2024, over five months of withheld salaries and unmet agreements with Nigeria’s Federal Government. NAAT plans to picket the Ministry of Finance on November 14 to enforce President Bola Tinubu’s directive for salary payments.

The union has issued a two-week ultimatum, effective October 30, for the government to meet demands. NAAT President Ibeji Nwokoma warned that failure to act could lead to an indefinite strike starting November 13, potentially impacting academic calendars and critical research in universities, polytechnics, and colleges.

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🚕SERAP Condemns Abia Rep’s Alleged Assault on Bolt Driver, Calls for Investigation

The Socio-Economic Rights and Accountability Project (SERAP) has denounced Abia State Representative Alex Ikwechegh after a viral video allegedly shows him berating and threatening a Bolt driver in Abuja.

In the video, Ikwechegh reportedly refused to pay the driver, called him “very, very stupid,” and allegedly threatened, “I can make this man disappear in Nigeria.” SERAP urged the Nigerian Police and House Speaker to investigate, emphasizing that “impunity for violations of citizens’ rights must stop.”

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🗣 In a first for China’s space tourism efforts, Deep Blue Aerospace sold two tickets for a 2027 spaceflight, drawing 3 million viewers to a Taobao livestream.

These seats, each costing 1,000,000 yuan ($140,000), promise a 12-minute ride to the edge of space on the company’s reusable Nebula-1 rocket. Despite recent test issues, CEO Huo Liang assured the public that extensive testing over the next three years would ensure a reliable journey.

Additional seats are set to be available on November 23.

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🗣Nigerian Breweries Posts N703bn Revenue in Q3 2024

Nigerian Breweries Plc reported N703 billion in revenue for Q3 2024, a 75% increase from N402 billion in the same period last year. Gross profit rose by 36% to N207 billion, despite a 99% surge in production costs due to currency devaluation and rising input prices. Managing Director Hans Essaadi highlighted the company’s resilience amid challenging conditions, with revenue growth driven by strategic pricing and market recovery. The company also faced increased net losses due to foreign exchange losses and high borrowing costs.

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🗣 Binance: Gambaryan’s Wife Describes 8-Month Detention as ‘Living Nightmare’

Yuki Gambaryan, wife of Tigran Gambaryan, called her husband’s eight-month detention in Nigeria a “living nightmare” in a statement following his release. Tigran, an American citizen and Binance executive, was freed after an Abuja court dropped charges against him, which were brought by the EFCC. The charges were dismissed for diplomatic reasons and his role at Binance. Tigran, who suffered a health decline during his detention, is now receiving medical care. Yuki expressed relief and gratitude for the support they received throughout the ordeal.

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🗣Nigerian Prostitution Ring Busted in Cyprus

Cypriot authorities, in collaboration with the anti-trafficking unit, have arrested three women in Limassol, dismantling a Nigerian prostitution ring. The case began last year when a woman, initially reporting theft, was revealed to be a victim of sex trafficking. Police arrested a 44-year-old woman on October 9, followed by two more arrests on October 18 and 22. Authorities are still searching for two men linked to the case, with court proceedings expected soon.

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🗣Kebbi Governor Approves N75,000 Minimum Wage

Governor Nasir Idris of Kebbi State has approved a N75,000 minimum wage for the state’s lowest-paid civil servants. The law was signed in the presence of Nigeria Labour Congress officials, led by President Joe Ajaero. Governor Idris played a key role in pushing for the new wage, standing firm when other governors claimed they couldn’t afford it.

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🗣Obasanjo: Nigeria Has Failed Africa and the Black Race Due to Poor Leadership

Former President of Nigeria, Olusegun Obasanjo, has expressed disappointment in Nigeria’s role within Africa and the black race, citing poor leadership, regionalism, and internal disunity as key reasons for the country’s failure. Speaking at the African Biblical Leadership Initiative (ABLI) 2024 Conference in Abuja, Obasanjo highlighted that Nigeria had numerous opportunities to lead and inspire the continent but consistently missed them. He called for a leadership model based on biblical values such as justice, wisdom, and integrity, which could help steer both Nigeria and Africa towards a more unified and prosperous future.

The conference, themed “Value-based Leadership: Model for Africa,” brought together key figures from across the continent to discuss how leadership rooted in strong moral values could address Africa’s persistent challenges.

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🗣PDP Governors and Reconciliation Committee to Hold Crucial Meetings in Abuja

PDP Governors will meet on Tuesday, while the Reconciliation Committee will brief the National Working Committee (NWC) ahead of Thursday’s NEC meeting. The committee is expected to present findings and recommendations to address internal party issues and improve unity.

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🗣Police Suspect Cult Clash in Deadly Anambra Festival Attack

Anambra State Police have linked the recent deadly attack during the Onwa Asaa festival in Nibo to a suspected cult-related clash. Gunmen opened fire on attendees, leaving several dead. Police spokesperson SP Tochukwu Ikenga confirmed ongoing investigations and urged witnesses to provide information. Additional police forces have been deployed to restore order, with authorities focused on ensuring justice and community safety.

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🗣Niger State Labour Union Demands Immediate Minimum Wage Implementation

The Niger State Labour Union has insisted that workers must receive the new minimum wage in October. They are willing to delay October salary payments if it guarantees the wage will be implemented in following months. The union’s chairman, Comrade Idrees Abdulkareem Lafene, emphasized workers’ patience and urged the state government to adopt the Federal Government’s approved wage.

While the state has agreed in principle to pay N70,000, challenges remain with local government salaries, and a specific implementation date has not been set.

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🗣UK Deports 44 Nigerians and Ghanaians in Major Immigration Crackdown

The UK deported 44 Nigerians and Ghanaians on a single flight, marking a significant increase in immigration enforcement. Since July, over 3,600 people have been deported under the Labour government’s policies.
This action comes amid rising asylum seeker numbers, with 647 people crossing the English Channel just on Friday.

Deportation flights to Nigeria and Ghana have been rare, with only four recorded since 2020. Advocacy groups criticized the deportations, citing a lack of legal support, while the UK government defended the move as enforcing immigration laws.

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🗣 Nigerian Railway Corporation Appoints Ben Iloanusi as Acting MD

The Nigerian Railway Corporation (NRC) has appointed Ben Iloanusi as the acting Managing Director, succeeding Fidet Okhiria, who completed his term on October 18. Iloanusi, the most senior executive director, has been with the NRC since 2011 and previously served as Deputy Director of Procurement. He holds a degree from the University of Nigeria, Nsukka, and an MBA from South Bank University, London. In his farewell, Okhiria urged staff to support Iloanusi, who also called for cooperation during this transition period.

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🗣Flood Alert: Relocate from River Banks, FG Warns Nigerians

The Nigeria Hydrological Services Agency (NIHSA) has urged Nigerians living near the River Benue and River Niger to relocate as water levels rise due to heavy rainfall. The agency also warned that flood control efforts at Kainji and Jebba Dams are ongoing.

This warning follows recent floods that displaced thousands and caused fatalities in Borno State. NIHSA called for cooperation with emergency agencies to reduce the impact of flooding, which has already affected over a million people in 2024 alone.

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🗣UK Police Dismiss Nigerian-British Officer for ‘Biting’ Colleague

The UK’s Metropolitan Police Service dismissed officer Shola Balogun from Bromley Police Station for allegedly biting a colleague during a birthday party in April 2022. A misconduct panel found that Balogun’s actions, despite his positive character references, violated police standards and undermined public trust. The panel ruled that dismissal without notice was the only appropriate action, citing Balogun’s prior disciplinary record and the severity of the incident.

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🗣IFC to Invest $1 Billion in Nigeria for Local Currency Financing

The Central Bank of Nigeria (CBN) and the International Finance Corporation (IFC) have partnered to boost local currency financing in Nigeria through a $1 billion investment.

Announced in Washington, this initiative aims to expand funding for key sectors like agriculture, housing, and small businesses.

CBN Governor Yemi Cardoso hailed it as a breakthrough for economic growth and diversification, while IFC Managing Director Makhtar Diop emphasized the focus on supporting small businesses and managing currency risk.

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🗣Things Will Improve, Betta Edu Reaffirms Support for Tinubu

Despite her suspension earlier this year, former Minister Betta Edu has reiterated her support for President Tinubu, expressing faith in his leadership and optimism about Nigeria’s future.

Speaking at her 38th birthday in Abuja, Edu acknowledged Nigeria’s current struggles but emphasized her confidence that the country will emerge stronger.

She also praised Tinubu’s commitment, saying she believes he has the wisdom to lead Nigeria to a better future.

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🗣Kwara Group Criticizes N70,000 Minimum Wage

The Kwara Advocacy Network has criticized the state’s recent approval of a ₦70,000 minimum wage, arguing it does little to address income inequality. The group pointed out the small wage gap between lower and higher-level workers, urging Governor Abdulrazaq to review the salaries of senior staff on levels 15, 16, and 17.

They noted that workers in Kwara earn significantly less than their counterparts in neighboring states, and the new wage does not offset rising living costs and inflation. The group called for fairer wage adjustments to benefit all workers.

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🗣Nigeria Spends $1.5bn on Dairy Imports – Tinubu Laments

President Bola Tinubu expressed concern over Nigeria’s annual dairy imports of $1.2-1.5 billion, citing neglect of the livestock sector. Speaking at a workshop on livestock reforms, Tinubu highlighted the sector’s potential to boost GDP and create jobs.

He assured stakeholders of foreign investor interest and pledged government support to revitalize the industry. Governor AbdulRahman AbdulRazaq emphasized the importance of ranching reforms to improve dairy production and reduce conflicts, while former INEC Chairman, Prof. Jega, stressed the need for sustainable sector reforms to unlock its potential.

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🗣Mbah Approves N80,000 Minimum Wage for Enugu Workers Starting October 2024

Governor Peter Mbah of Enugu State has approved an N80,000 minimum wage for state and local government workers, effective October 2024. This move reflects his commitment to improving worker welfare, as promised during his campaign.

Labor leaders, including the NLC and TUC, praised the decision, highlighting its impact on salary disparities and motivation. This new wage surpasses the national minimum and is set to be implemented immediately by local government authorities.

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🗣Food Prices Soar Amid Fuel Price Hike

Rising fuel costs have driven up food prices across Nigeria, causing significant hardship. In Abuja, sellers and consumers report major price increases for staples like rice, beans, vegetables, and meat.

A market survey shows items like cucumber now cost ₦55,000 per bag, up from ₦25,000, while a carton of apples has doubled in price. Sellers attribute the hikes to higher transport costs due to the fuel price surge.

Many Nigerians are calling on the government to address the fuel issue, as it’s worsening the food inflation crisis.

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🗣Unstable Banks’ Networks Cause Losses, Customers Demand Compensation

Many bank customers are demanding compensation due to losses caused by unstable online services. In Abuja, customers complained of millions lost because they couldn’t complete transactions on time.

GTBank users reported service failures, with one customer, Mr. Gbenga Akintoye, sharing how his family was embarrassed when a transfer failed during a shopping trip. Another customer, Mrs. Happiness Itua, was fined ₦5,000 after delayed payment due to network issues, asking for compensation.

Other banks, including Zenith and Sterling, also faced similar complaints. The Central Bank of Nigeria (CBN) advised customers to report unresolved complaints after two weeks.

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🗣Obasanjo: Africa Needs Effective Leadership to Overcome Challenges

Former President Olusegun Obasanjo has highlighted a leadership deficit as one of the major issues facing Africa. Speaking at the 11th African Biblical Leadership Initiative Conference in Abuja, he emphasized the need for leaders with wisdom, compassion, and a mission, akin to biblical figures.
He called on African and Nigerian leaders to govern with the fear of God to address current challenges. Other speakers, including First Lady Oluremi Tinubu, echoed the importance of justice, integrity, and value-based leadership for the continent’s transformation.

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🗣 Tinubu’s Return Sparks Anxiety Over Cabinet Reshuffle

Ministers are reportedly anxious about an impending cabinet reshuffle, following hints from Presidential Adviser Bayo Onanuga.
Those underperforming in the Renewed Hope Agenda may face removal. Criticism has grown, with some suggesting that many ministers were appointed through political patronage rather than merit.
Hadiza Bala Usman, Tinubu’s Special Adviser on Policy Coordination, has compiled a report on ministerial performance, and her findings could shape upcoming changes.
A cabinet reshuffle is expected to be announced soon, possibly after Wednesday’s Federal Executive Council meeting.

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🗣Rising River Benue Displaces Residents in Makurdi

The surging water levels of River Benue have submerged houses and farmlands in Makurdi, displacing hundreds of families. Areas such as Wadata, Gyado Villa, and Agwan Jukun have been flooded, forcing residents to evacuate.
Many homes, businesses, and even the Airforce Quarters are under threat. Affected residents, like Mr. Sunny Ntenba, have relocated to temporary shelters, recalling past floods caused by the Lagdo Dam in Cameroon.
The Benue State Emergency Management Agency (SEMA) has urged those in flood-prone areas to evacuate immediately for safety.

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🗣Scores Killed in Attack During Anambra Festival

A brutal attack by masked gunmen during the Onwa Asaa festival in Nibo, Anambra State, left at least 10 people dead.
The assailants, arriving in a black SUV, opened fire at an eatery, causing chaos as festival-goers fled.
The motive for the attack remains unknown, and locals are calling for immediate government action to restore peace.
Authorities have deployed security forces, and police investigations are underway.

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🗣NIS Reform: Ending Passport Touts and Improving Nigeria’s Image

Under Minister Olubunmi Tunji-Ojo, the Nigerian Immigration Service (NIS) has made significant strides in simplifying passport processing and eliminating passport touts. Tunji-Ojo’s efforts, once met with skepticism, have streamlined the process, making it more accessible for Nigerians without relying on intermediaries.

The introduction of online applications and efficient biometric capture has drastically reduced waiting times and bribery, improving the experience for Nigerians both at home and abroad. Despite some internal resistance, the reforms are working, restoring trust and improving Nigeria’s international image.

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🗣Explosion at CNG Station Injures Three

Three individuals were injured and taken to the University of Benin Teaching Hospital following an explosion at a CNG station in Benin City. The blast occurred during a test run of a vehicle that had been illegally modified for CNG use.

The Presidential CNG Initiative (PCNGI) confirmed the incident and expressed sympathy for the injured, emphasizing the importance of safe handling of hydrocarbon materials. An examination revealed that the cylinder involved was improperly modified and not approved for CNG use.

Authorities, including the police and regulatory bodies, are investigating the incident. The PCNGI reiterated the need for compliance with safety standards and called for cooperation among stakeholders to ensure safe conversions and handling of CNG.

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🗣Naira Hits Record Low at N1,710/$, Worst Performing Currency

The Naira has continued its depreciation, dropping to N1,710/$ in the parallel market. Analysts blame the economic downturn, fiscal deficits, and excessive borrowing. The World Bank labeled the Naira one of the worst-performing currencies in 2024.

To stabilize the Naira, experts suggest boosting crude oil production and cutting imports. Despite CBN's policies to tighten liquidity, many believe fiscal reforms and enhanced local production are key to recovery.

Meanwhile, the Naira’s devaluation offers some export opportunities but increases costs for businesses reliant on imports.

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