The Nigerian Parliament Demand To Establish A Price Control Board To Stabilize Commodities Prices.

-


The House of Representatives has called on the Tinubu administration to consider reintroducing a price control board in Nigeria to regulate and monitor the prices of essential goods and services. 

This move is aimed at preventing the hoarding of goods and ensuring that customers are protected from exorbitant prices. 

The absence of a price control board could lead to inflation and disrupt the economic equilibrium of the nation, particularly affecting the prices of petroleum products and transportation costs. 

The House also urged the federal government to impose zero duty on agricultural products for five years to encourage agricultural production. 

The Committee on Commerce has been tasked with ensuring compliance and reporting back within four days for further legislative action.

Comments

Post a Comment

Popular posts from this blog

Imo-Born Zeta-Web Nigeria MD, Chris Anaelechi Obasi, Allegedly Abducted in Lagos**

-
Image
The Managing Director of Zeta-Web Nigeria and prominent figure in the ongoing Ezeship dispute in Eziama Ikeduru Autonomous Community, Imo State, Mr. Chris Anaelechi Obasi, has been reportedly abducted from his Lagos residence. The incident, which occurred at approximately 8 PM on Wednesday, May 14, 2025, has thrown his family and associates into turmoil.  Mr. Obasi was allegedly taken to an unknown location by unidentified persons from his home in Ajah, Lagos State. According to a statement issued by the family, the timing of the abduction is suspicious, as it comes just two days before the scheduled court hearing of the protracted Kingship case involving Eziama Ikeduru, set for Friday, May 16, 2025. Family members who spoke  on the condition of anonymity suspect foul play linked to the Kingship tussle.  They claim that certain opponents, who have persistently opposed the Imo State Government’s recognition of Mr. Obasi as the rightful Eze of the community, may have orches...
Read more

Nkwerre Aborigines Union America Holds 2025 Convention, Preaches Love, Unity Of Purpose

-
Image
  "We must continue making our father land proud" -- National President Nkwerre Aborigines Union America (NAU-America) has held its 2025 Convention in glitz and glamour. The event which lasted for 3 days recorded a tremendous impact on members and guests who fully participated in it. The mind-blowing occasion took place at Newark, New Jersey, USA. In his address, the National President of the Union, Nze Sir Ike Okanu, hailed all sector members for their unflinching support to his leadership since his emergence as the National President, urging them not to relent as faith, confidence, unity and courage are the essentials of success as they implement their plans for the betterment of Nkwerre. Okanu added that the Union would continue with its previous program of Education and Empowerment of the Youth, as well as render financial assistance to the less- privileged students in Nkwerre Secondary Schools.  He disclosed that all the proceeds from the National Convention had been ear...
Read more

Multinet Group Congratulates CEO, Dr Uzoma Obiyo On First Daughter's Graduation From Pretigious US University (PHOTOS)

-
Image
Princess Miriam Chinenyenwa Uzoma*, the first daughter of business mogul Dr. Uzoma Obiyo, has graduated from the Prestigious University of Washington in Seattle, USA, with honors in Bsc Economics.  Dr. Obiyo, his wife, and other family members attended the graduation ceremony in the United States to celebrate with Princess Miriam. The management of Multinet Group Nigeria Ltd. congratulated their Chief Executive Officer CEO, Dr. Uzoma Obiyo, on his daughter's success. In a congratulatory message signed by the management of Multinet, they expressed their joy and pride in Princess Miriam's achievement. The statement read: "With a heart full of joy, the management and staff of Multinet Group Nigeria Ltd. rejoice with our CEO, Dr. Uzoma Obiyo, on the graduation of his daughter, Princess Miriam Chinenyenwa Uzoma, from the University of Washington with honors in Bsc Economics." "The father, Dr. Uzoma Obiyo, and wife, with their children, were present as Princess Mirian ...
Read more

Alleged Homosexuality:"Fr Mario Remanded In Correctional Center.

-
Image
  An Owerri magestarate court, last week, Friday, remanded "Fr. Mario Justus Chinonso Alozie" in  custody over allegations of homosexuality, but the case was adjourned to Wednesday, February 5,2025 , for consideration of his bail. "Fr.Mario"was arraigned before the magistrate presided by His Worship Doris Chukwuezi Ahanonu, on charges of -unnatural offence, contrary to section 214 of the Criminal Code; indecent treatment of boys under fourteen, contrary to section 216 of the Criminal Code and unlawful sexual interaction with a child, contrary to section 31, Child Rights Act,all related to homosexuality. However, the court ruled that  it lacked jurisdiction to hear the case and ordered that the defendant be remanded in custody until the issue of considering his bail is resolved. The court haven admitted the casefile  in evidence  and the submissions of both the appellant and defense counsel , subsequently adjourned the matter to Wednesday, February 5, for conside...
Read more

Community Development: CDB Williams Attracts NDDC Solar Powered Streetlights To Umuihugba, Umuodu

-
Image
  Indigenes of Umuihugba/Umuodu in Owerri Municipal Local Government Area of Imo State have formerly handed over a Site Project to the Niger Delta Development Commission, NDDC, for the installation of 229 Solar Powered Streetlights in the community. The Solar Powered Streetlights project was attracted by the APC candidate for Owerri Federal Constituency in the 2023 election, Hon. CDB Williams.  The contracting firm handling the project is Cascade Engineering Systems Limited based in Port-Harcourt, the capital of Rivers State. The Site Handover ceremony was held at the residence of Hon. CDB Williams, No. 68 Ihugba Street, Owerri Municipal, on Tuesday. The people who handed over the Site for the Project to NDDC through the Eze- elect  of Umuihugba/Umuodu autonomous community, Analyn Nwaneri, thanked the Commission for the project which they said is worthwhile and promised that they will support its completion and sustenance. Handing over the project to the Contractor, the I...
Read more

Vandals Damaged Tottenham's $1.2 Billion Stadium.

-
Image
  In an unexpected turn of events, the iconic Tottenham Hotspur Stadium, valued at a staggering £1.2 billion, recently bore witness to a shocking act of vandalism during the international break.  Our sources have uncovered the distressing details of this incident, where various parts of the stadium sustained significant damage. Fortunately, authorities swiftly apprehended an individual responsible for this audacious act on Monday night.  What's intriguing is that this act of vandalism, while undeniably concerning, does not seem to be linked to the ongoing Israeli/Palestine conflict, an important aspect to note, considering Tottenham's deep-rooted connection with the Jewish community. Initial estimates indicate that the cost of repairing the damage will soar into six figures.  A statement from Tottenham regarding the incident reaffirms that an arrest has been made in connection with the criminal damage.  Moreover, it emphasizes that there's no indication of this ...
Read more

Imo 2027: The Contenders And The Battle for Douglas House

-
Image
  BY RALPH EJIMKONYE As the political temperature gradually rises in Imo State, attention is already shifting towards the high-stakes battle for the 2027 governorship election. Though Governor Hope Uzodinma’s tenure is expected to lapse by January 15, 2028, behind-the-scenes maneuverings and subtle campaigns have begun in earnest, setting the stage for one of the most contested races in the state’s democratic history. In typical Nigerian fashion, while a few major contenders have publicly shown signs of interest in the coveted seat,.others are still mum, but maintaining a studious interest on unfolding developments. Evidently, defections and realignments, subterranean meetings, increased media visibility, and subtle endorsements, paint a clear picture of ambitious gladiators plotting their way to Douglas House. *The Power of Incumbency: How Far Will Uzodinma’s Succession Plan Go?* One of the most important questions going into the 2027 race is: Will Governor Hope Uzodinma anoint a ...
Read more

Imo 21st September 2024 LGA Elections: Why Should Oru West LGA SOLAD Keep His Aspiration And Ambition Top Secret?

-
Image
  The last might not have been heard about the drama and dramatics that are unfolding in phases and the intention of some Chairmanship Aspirants and their aspirations in the forthcoming Local Government Council elections in Imo State . Like the man who authored the novel Behind the war front, the told and the untold stories surrounding purchase of Nomination and Expression of interest Forms of APC are intriguing, and more are yet to be heard and unfold from Orlu Zone. What happened in one of the Local Government Headquarters in Orlu Zone today is akin to that of a woman who told her Child not to tell her debtor that she was at home, only for the Child to say to the debtor that my mum said that I should tell you that she is not at home. As Aspirants from other Local Government Areas in Imo State are fighting boldly, openly and courageously, others lack the courage to even disclose that they have secured and purchased their Nomination Form(s). Confirmed reports and Information from t...
Read more

Onuimo State Constituency: Esile Exemplifying Quality Representation

-
Image
  By Ikenna Orioha Fair Democracy is really at play in Onuimo State Constituency. This is because the person representing the locality in the Imo State House of Assembly, Hon. Uba James Esile, is a pure democrat, a political colossus, who is good, development oriented, godly, visionary and a humanitarian. Many persons especially youths of Onuimo origin are being economically lifted given to the magnanimity and democratic spirit of Esile who sees politics as an avenue to serve people creditably, wholly and affectionately. Practically, in less than one year in office, Esile, who won his election overwhelmingly, given to the enormous love of Onuimo people towards him,, had legislatively, wisely and diplomatically Sponsored and Co- sponsored human oriented Bills and Motions which are largely beneficial to the people. Among the Motions and Bills Esile raised at the Floor of the House of Assembly is drawing the attention of Imo State Government to bad state of roads in Onuimo for quick i...
Read more

PDP Is Coming Back To Make Imo Safe Again - Samdaddy

-
Image
The National Secretary of People's Democratic Party (PDP) and governorship candidate of the party in Imo State, Senator Samuel Anyanwu (Samdaddy), has assured Imo people of making Imo safe again if he is elected governor. Anyanwu who gave the assurance on Saturday while having audience with newsmen in Owerri, frowned  that insecurity has torn the state apart with residents living in apprehension. Anyanwu said the security challenge has become everyone's nightmare, an ugly experience he said has left virtually everyone in the state in deep fear, agony and poverty, harping that there is need for residents to get it right this time in the forthcoming governorship election by, stating that if nothing is done to drastically change the narratives the state would a total disaster. According to him,"we want to let the whole world know that PDP is coming back to make Imo safe again, so that our brothers and sisters who because of the insecurity have decided not to come back to the...
Read more