FG to settle outstanding debts owed to power plants from April

In a recent announcement on his official platform, Minister of Power, Adebayo Adelabu, reaffirmed the government’s commitment to addressing the challenges plaguing Nigeria’s power sector. During his visit to the Egbin Power Plant, Adelabu emphasized the urgent need to tackle infrastructure limitations and supply chain constraints affecting the sector. Starting from April, the government plansContinue reading “FG to settle outstanding debts owed to power plants from April”

We’ll Not Rest Until We Bring Succour To Nigerians – Tinubu

The President of Nigeria, Bola Tinubu has revealed that his administration will continue to put in place measures to bring succour to Nigerians, noting that he was ready to rub mind with stakeholders to find lasting solutions to the current situation in the country. Tinubu made this known at a meeting with governors and business people in Abuja,Continue reading “We’ll Not Rest Until We Bring Succour To Nigerians – Tinubu”

Tinubu Sends Message To Super Eagles 

President Bola Tinubu has praised the Super Eagles for their display in the 2023 Africa Cup of Nations final in Ivory Coast. Despite their loss to the host nation, Tinubu said the Eagles demonstrated resilience and talent at the tournament. This was contained in a statement signed by the Special Adviser to the President onContinue reading “Tinubu Sends Message To Super Eagles “

Court Orders FG To Pay N100m To Emefiele Over Unlawful Detention, Bans FG, AGF, DSS, EFCC From Re-Arresting And Detaining Him

A High Court of the Federal Capital Territory, FCT, sitting at Maitama, has ordered the Federal Government to pay the sum of N100million to the embattled former Governor of the Central Bank of Nigeria, CBN, Mr. Godwin Emefiele for violating his fundamental rights. The court, in a judgement that was delivered on Monday by JusticeContinue reading “Court Orders FG To Pay N100m To Emefiele Over Unlawful Detention, Bans FG, AGF, DSS, EFCC From Re-Arresting And Detaining Him”

Senate passes 2024 budget

The Senate increased the budget from N27.5 trillion presented by President Bola Tinubu in November to N28. 7 trillion. Senate passes 2024 budgetThe Senate increased the budget from N27.5 trillion presented by President Bola Tinubu in November to N28. 7 trillion.ByAbdulqudus Ogundapo December 30, 2023 Reading Time: 2 mins readThe Senate on Saturday passed theContinue reading “Senate passes 2024 budget”

Senate passes 2024 budget

The Senate increased the budget from N27.5 trillion presented by President Bola Tinubu in November to N28. 7 trillion. Senate passes 2024 budgetThe Senate increased the budget from N27.5 trillion presented by President Bola Tinubu in November to N28. 7 trillion.ByAbdulqudus Ogundapo December 30, 2023 Reading Time: 2 mins readThe Senate on Saturday passed theContinue reading “Senate passes 2024 budget”

CBN Warns POS Operators And Banks Against Cash Hoarding

The Central Bank of Nigeria has issued a warning against Deposit Money banks as well as Point of Sales (POS) merchants over the hoarding of cash in the country. This was contained in a circular signed by CBN’s acting director of Corporate Communications, Hakama Sidi-Ali, on Thursday. The apex bank said there is an allegedContinue reading “CBN Warns POS Operators And Banks Against Cash Hoarding”

Despite subsidy removal, fuel smuggling continues on Nigeria-Benin Republic border routes

Fuel smuggling across the Nigeria-Benin border corridor continues to thrive despite the Nigerian government removing fuel subsidies. The bustling illegal trade, often overlooked by security agencies, paints a picture of persistence and complexity within the border regions. In an investigative report conducted along the border by The Guardian, it was observed that smuggling operations remainContinue reading “Despite subsidy removal, fuel smuggling continues on Nigeria-Benin Republic border routes”

How Nigeria plans to import Fighter Jets from India

Nigeria, a nation grappling with severe security issues, is actively exploring a novel avenue to fortify its defense capabilities. Recent developments have seen Nigeria engaging in discussions with India’s prestigious aerospace manufacturer, Hindustan Aeronautics Ltd, to import advanced Tejas fighter jets. This prospective deal has the potential to reshape Nigeria’s defense strategy and equip itContinue reading “How Nigeria plans to import Fighter Jets from India”

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