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...Nigeria’s Foreign Direct Investments exceed $30bn — Tinubu By Seun Ibiyemi President Bola Ahmed Tinubu has reaffirmed his administration’s commitment to supporting the Nigeria Customs Service (NCS) in its ongoing modernisation and reform efforts to enhance the nation’s economic growth. The President made this declaration on Wednesday while officially opening the 2024 Comptroller-General of Customs ...
...Gov promises to transform Ondo State as APC holds final campaign rally ...Two senior ministers, teaching hospital for Akure show President Tinubu’s commitment to Ondo’s development — VP Shettima ...Jimoh Ibrahim, other guber aspirants rally support for Aiyedatiwa Ahead of Saturday’s governorship election in Ondo State, the All Progressives Congress (APC) held its grand rally ...
The Federal Competition and Consumer Protection Commission (FCCPC) on Wednesday threatened to penalise Ikeja Electricity Distribution Company (IKEDC) and Eko Electricity Distribution Company (EKEDP) if they flout its directive to immediately halt the replacement of Unistar prepaid meters. This directive was issued due to the DisCos’ non-compliance with instructions from the Nigerian Electricity Regulatory Commission ...
By Ismail Azeez, Osogbo Osun state Governor, Ademola Adeleke on Wednesday presented a total budget of Three Hundred and Ninety Billion, Twenty Million, Two Hundred and Seventy Seven Thousand, Seven Hundred (N390,028,277,740.00) for 2025 fiscal year. Giving the breakdown of the budget tagged “Budget of Reconstruction and Recovery,” the Governor said the budget the expenditure ...
...As CBN unveils initiatives to boost inclusion among SMEs By Seun Ibiyemi Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso has identified increased financial inclusion as a factor that can foster the government’s target of a $1 trillion economy by 2030. Speaking at the second edition of the International Financial Inclusion Conference, ...
…As PDP insists on redeployment of REC over alleged APC ties …APC has engaged people with development projects, not manipulation — Party Chair The Opposition Peoples Democratic Party (PDP) and the ruling All Progressives Congress (APC) traded words on Tuesday over an alleged plan to compromise Saturday’s governorship election in the state. While PDP accused ...
...Demands urgent renegotiation of 2009 agreement as members face continued persecution By Sodiq Adelakun The Academic Staff Union of Universities (ASUU) on Tuesday raised alarms over what it called a coordinated plot by international organisations to destabilise Nigeria’s public university system. Speaking at the 2024 ASUU Heroes Day in Abuja, ASUU President, Prof. Emmanuel Osodeke, ...
Senator Monday Okpebholo, the newly inaugurated Governor of Edo State has unveiled his five point agenda while also pledging to improve the live of Edo people. The Governor who was sworn-in on Tuesday highlighted that his administration has set forth a five-point agenda focused on security, infrastructure, healthcare, food sufficiency, and education. Okpebholo’s infrastructure agenda ...
The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede has fingered contractors in Nigeria’s power factor as being responsible for the frequent power grid collapse. Accusing the contractors of supplying substandard materials, the EFCC Chair decried the level of corruption in the power sector. He said, “As we speak, we are ...
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has collaborated with Mastercard to launch a commemorative debit card in celebration of UBA’s 75th anniversary. This collaboration aims to honour UBA’s long-standing customer relationships and enhance their banking experience with a range of offers and discounts across multiple platforms. UBA’s Group Managing Director/Chief Executive Officer, ...
Nigerian firm, BFI Group, the core investor in Aluminum Smelter Company of Nigeria (ALSCON), has signed an agreement with China National Chemical Engineering International Corporation Ltd. (CNCEC International) to resuscitate the 135MMscfd Gas Processing plant in ALSCON Plant Ikot Abasi, Akwa Ibom State, with a total estimate investment of about US$1.2 billion. The landmark pact, ...
Oyo State governor, ‘Seyi Makinde, has explained that his administration continues to put the people of the state first in all its decisions because it believes in ethical leadership, which espouses responsibility towards the broader community, as the main import of leadership. The governor stated that there is the need for more ethical people to ...
…Warns of national chaos if Tinubu fails to tackle Nigeria’s economic, security crises By Sodiq Adelakun Former Vice President Atiku Abubakar has responded forcefully to the presidency’s recent claim that he is “jealous” of President Bola Tinubu. Atiku rejected the accusation, insisting that it is impossible for him to envy an administration whose economic policies, ...
...Recommends review of MoU for newly commissioned Stella Obasanjo hospital Senator Monday Okpebholo, the Gubernatorial candidate of the All Progressives Congress (APC) in the 2024 Edo State Gubernatorial elections is set to be sworn-in today. Edo state, which had previously been a party ruled by the opposition party Peoples Democratic Party (PDP) will now be ...
By Seun Ibiyemi The Independent Petroleum Marketers Association of Nigeria (IPMAN) has finalised an agreement with Dangote Refinery to directly source petroleum products, including petrol, diesel, and kerosene. This development, announced on Monday by IPMAN’s National President, Abubakar Garima, marks a significant step toward ensuring a stable and affordable supply of fuel across the country. ...
Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to “stop the minister of the Federal Capital Territory (FCT), Mr Nyesom Wike and Nigeria’s 36 governors from usurping the authority and responsibilities of the National Judicial Council (NJC) and heads of court through giving cars and houses to judges.” SERAP said, “Such practices ...
By Barth Ndubuwah, Port Harcourt Rivers State Governor, Sir Siminalayi Fubara, has said that God has allowed the antagonising political crisis in order to perfect His purpose in taking the State in a new direction of political emancipation, economic growth and development. The Governor emphasised that it is because God is wholly involved, what people ...
…Says Atiku’s focus is on distraction, not constructive solutions By Sodiq Adelakun The Presidency on Sunday launched a scathing attack on former Vice President Atiku Abubakar, accusing him of harbouring deep-seated envy toward President Bola Tinubu and of using persistent criticism to mask his own political failures. In a strongly-worded statement, presidential spokesman Bayo Onanuga ...
As part of efforts by the Nigeria Deposit Insurance Corporation (NDIC) to pay liquidation dividends to uninsured depositors of the failed Heritage Bank, the Corporation has announced that it will be auctioning landed properties and chattels of the defunct bank. This was disclosed in a statement issued yesterday by the NDIC Director, Communication and Public ...
The Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga has cited reasons why Nigeria won’t suffer the same fate as Malaysia in its move to transition to Compressed Natural Gas (CNG) as alternative fuel. His statement is in response to controversies that have trailed the Malaysian government’s plan to phase out ...
As he prepares to hands over the reins of Government next week to the All Progressives Congress (APC) Candidate, Senator Monday Okpebholo, outgoing Governor of Edo State, Godwin Obaseki, has expressed his readiness to answer to the invitation of the Economic and Financial Crimes Commission (EFCC) whenever his attention is required after leaving office. The ...
The Special Adviser to the President on Energy, Olu Verheijen has berated the over $82 billion investments made by IOCs in other African countries snubbing Nigeria. Speaking at the ongoing African Energy Week in Cape Town, South Africa, Verheijen urged investors to seize new opportunities in Nigeria’s energy sector, highlighting untapped potential and recent reforms ...
The Federal Government has approved free caesarean sections for Nigerian women. This was disclosed by the Coordinating Minister of Health and Social Welfare, Prof. Muhammad Pate on Thursday. Recall that Nigeria has one of the world’s highest maternal mortality rates and there have been various factors majorly cost that has hindered so e women from ...
