Nigeria Clears 120M Of Gas Debt Amid Worsening Power Blackouts

Nigeria Clears $120m of Gas Debt Amid Worsening Power Blackouts

To mitigate the widespread power outages plaguing the country, the Nigerian Federal Government has made a significant dent in its outstanding gas debts, paying $120 million of the $1.3 billion owed to gas companies. This payment is a crucial step towards resuming regular gas supply to the nation’s gas-fired power plants, which have been severely […]

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Binance Threatens Nigerian Economy Says Presidential Aide1

Binance Threatens Nigerian Economy, Says Presidential Aide

Presidential spokesman Bayo Onanuga has raised alarms about the potential economic destruction Nigeria faces if the cryptocurrency trading platform Binance is not regulated. Onanuga, appearing on Channels Television’s Politics Today, emphasized that Binance’s unilateral setting of the foreign exchange rate could lead to economic chaos. “We must take action against Binance to prevent them from

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Asuu Appeals To Taraba Governor For N1.7 Billion In Unpaid Allowances

ASUU Appeals to Taraba Governor for N1.7 Billion in Unpaid Allowances

The Taraba State University chapter of the Academic Staff Union of Universities (ASUU) has appealed to Governor Agbu Kefas, urging the settlement of N1.7 billion in accumulated academic and promotional allowances owed since 2014. The union voiced its concerns over the prolonged delay in resolving its financial grievances, which has significantly impacted the livelihoods of

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Tinubu Launches Lagoss 37Km Red Line Rail To Boost City Transport1

Tinubu Launches Lagos’s 37km Red Line Rail to Boost City Transport

On February 29, 2024, President Bola Tinubu officially inaugurated the Red Line Rail Project in Lagos, marking a significant leap in the state’s transportation infrastructure. This 37-kilometre intra-state rail service is designed to enhance mobility within the bustling metropolis.     President Tinubu reaffirmed his administration’s dedication to infrastructural development during the inauguration. He stated

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Tinubu Criticises Labour Unions Not The Sole Voice Of Nigerians1

Tinubu Criticises Labour Unions: “Not the Sole Voice of Nigerians”

President Bola Tinubu, in a recent public appearance, criticised labour unions for their approach, urging them to foster peace instead. This rebuke came during the launch of Lagos’s Red Line Rail service, following a nationwide protest by the Nigeria Labour Congress (NLC) against economic difficulties faced by citizens. Addressing attendees, Tinubu highlighted the importance of

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South East Cbn Board Nominee Declines President Tinubus Offer1

South-East CBN Board Nominee Declines President Tinubu’s Offer

Urum Kalu Eke, nominated for the Central Bank of Nigeria (CBN) Board of Directors, has declined President Bola Tinubu’s appointment, citing his current engagement with the World Bank. The revelation came during the Senate’s Thursday plenary session, which was set to confirm the President’s nominees for the CBN board. On February 13, President Tinubu submitted

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Minister Umahi Urges Bua Cement For Further Price Reductions1

Minister Umahi Urges BUA Cement for Further Price Reductions

Senator David Umahi, the Minister for Works, has called on BUA Cement to take additional steps to lower cement prices in the market. During a visit to the company’s headquarters in Sokoto with his management team, Umahi highlighted the need for price adjustments despite a previous agreement with cement manufacturers to set prices between N7,000

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Peter Obi Endorses Oronsaye Report Implementation

Peter Obi Endorses Oronsaye Report Implementation

Peter Obi, the Labour Party’s presidential candidate in the 2023 elections, expressed his support for implementing the Oronsaye Report, stating that had he been president, he would have also put the report into action. The Oronsaye Report, aimed at making governance more efficient, cost-effective, and productive, has been a topic of discussion following President Bola

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Frsc Chief Clamps Down On Corruption1

FRSC Chief Clamps Down on Corruption

Dauda Biu, the Corps Marshal of the Federal Road Safety Corps (FRSC), has warned all staff members against engaging in corrupt practices. During the first quarter Corps Marshal strategy session with commanding officers in Abuja, Biu emphasized the importance of maintaining the corps’ integrity and professionalism. He highlighted that any misconduct, especially bribery, would not

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Benue Police Nab 12 For Various Crimes Including Nysc Members Murder

Benue Police Nab 12 for Various Crimes Including NYSC Member’s Murder

The Benue State Police Command has apprehended 12 individuals implicated in a range of criminal activities, including kidnapping, robbery, and the illicit manufacturing of firearms. Highlighting the arrests, three suspects were identified for their involvement in the robbery and subsequent murder of a National Youth Service Corps (NYSC) member, Irene Chioma Emmanuel, who was killed

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