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News - Peoples Daily Nigeria

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The Federal High Court in Abuja has dismissed a lawsuit filed by MultiChoice Nigeria against the Federal Competition and Consumer Protection Commission (FCCPC) over a price hike in subscription fees. The court ruled that the FCCPC has the power to regulate and investigate unfair pricing practices by MultiChoice as the company holds a dominant position in the pay-TV market. MultiChoice had argued that the FCCPC lacked the jurisdiction to regulate its prices but the court rejected this argument and stated that the commission has the authority to protect consumers from monopolistic practices. This decision is seen as a victory for consumers and a step towards fairer pricing in the pay-TV industry.

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In a recent speech Speaker Abbas emphasized the need for a community-centric approach to addressing poverty and social inequality. He believes that traditional top-down strategies have not been effective in addressing these issues and that a more grassroots approach is necessary. This would involve working closely with local communities to understand their specific needs and challenges and developing solutions that are tailored to their unique circumstances. By involving community members in the decision-making process Abbas believes that more sustainable and effective solutions can be achieved. He also stressed the importance of addressing social inequality as it is closely linked to poverty and can only be addressed through a community-focused strategy.

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In a recent speech former Nigerian Vice President Atiku Abubakar urged political leader Bola Tinubu to adopt a "Nigeria first" policy and encourage citizens to prioritize home-grown goods over foreign luxuries. Atiku emphasized the need for Nigeria to become self-sufficient and reduce its dependence on imports which he believes will lead to economic growth and job creation. He also called for a shift in mindset among Nigerians to support and promote local businesses and products. Atikus message aligns with the governments efforts to boost the countrys economy and reduce its trade deficit. He hopes that Tinubu and other leaders will join in promoting a "Nigeria first" mentality for the betterment of the nation.

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In recent attacks by bandits 19 hunters were killed in Bauchi state and two vigilantes were killed in Niger state. The hunters were reportedly ambushed while on a mission to rescue victims of a previous attack by the bandits. The vigilantes were killed while on patrol in their community. These attacks highlight the ongoing security challenges in Nigeria particularly in the northern region. The government has been criticized for its inability to effectively address these issues and protect its citizens. The families of the victims are left devastated and communities are living in fear as banditry and other forms of violence continue to plague the country.

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The Nigerian Senate has announced that it will resume its legislative activities on Tuesday with the Tax Reform Bill and the reconciliation of stakeholders in the ongoing crisis in Rivers State as top items on the agenda. The Tax Reform Bill is aimed at improving the countrys tax system and increasing revenue generation. The Senate also plans to address the ongoing crisis in Rivers State which has resulted in violence and loss of lives. The reconciliation of stakeholders is seen as a crucial step in finding a peaceful resolution to the crisis and restoring stability in the state. The Senates resumption is eagerly anticipated by Nigerians who are hoping for positive developments in these important issues.

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A group has called on the Department of State Services (DSS) and the Nigerian Police Force to investigate the evidence provided by Sandra Duru against Senator Natasha Akpoti. Duru a former aide to Akpoti alleged that the Senator was involved in illegal activities including money laundering and drug trafficking. The group Concerned Kogi Indigenes stated that the allegations were damaging to the image of the Senator and the state as a whole. They urged the security agencies to thoroughly investigate the claims and take appropriate action if found to be true. The Senator has denied the allegations and called them baseless and politically motivated.

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The Nigerian Export-Import Bank (NEXIM) has called on states in the South-South and South-East regions to increase their participation in loan programs offered by the bank. The NEXIM Chairman Abba Bello stated that these regions have not been utilizing the banks loan facilities as much as other regions and urged them to take advantage of the opportunities available. He emphasized the importance of small and medium enterprises (SMEs) in the economic growth of these regions and encouraged them to access the banks loans for business expansion and development. The NEXIM bank aims to promote economic diversification and boost exports through its loan programs.