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The Minister of Power, Adebayo Adelabu, says Nigeria cannot continue to subsidise electricity, adding that the nation mu...
14/02/2024

The Minister of Power, Adebayo Adelabu, says Nigeria cannot continue to subsidise electricity, adding that the nation must begin to move towards a cost-effective tariff model, as the country is currently indebted to the tune of 1.3 trillion naira to generating companies (GenCos) and 1.3 billion dollars owed gas companies Adelabu, addressed a press conference in Abuja on Wednesday, said only 450 billion naira was budgeted for subsidy this year but the ministry needs over 2 trillion naira for subsidy....

The Minister of Power, Adebayo Adelabu, says Nigeria cannot continue to subsidise electricity, adding that the nation must begin to move towards a cost-effective tariff model, as the country is …

The Labour Party (LP) has suspended its National Treasurer, Oluchi Opara, for six months. The party’s spokesman, Obiora...
14/02/2024

The Labour Party (LP) has suspended its National Treasurer, Oluchi Opara, for six months. The party’s spokesman, Obiora Ifoh, announced this at a conference at the LP national headquarters in Abuja on Wednesday. According to him, the suspension is with immediate effect. Ifoh said contrary to allegations of abuse levelled against the leadership of the party by Opara, the party only realised N1.2 billion from donation from members and sales of forms to some aspirants in the 2023 polls....

The Labour Party (LP) has suspended its National Treasurer, Oluchi Opara, for six months. The party’s spokesman, Obiora Ifoh, announced this at a conference at the LP national headquarters in …

The President of the Senate, Godswill Akpabio, has announced an over 45-member constitution review committee on the 1999...
14/02/2024

The President of the Senate, Godswill Akpabio, has announced an over 45-member constitution review committee on the 1999 constitution to be chaired by the Deputy Senate President, Barau Jibrin. The committee would also comprise six lawmakers from each geopolitical zone and the Federal Capital Territory (FCT), Abuja. The committee, in particular, will review the laws in the area of artificial intelligence, state police, among others....

The President of the Senate, Godswill Akpabio, has announced an over 45-member constitution review committee on the 1999 constitution to be chaired by the Deputy Senate President, Barau Jibrin. The …

Bayelsa State Governor, Duoye Diri, on Wednesday, assured the people of the state of his administration’s determination ...
14/02/2024

Bayelsa State Governor, Duoye Diri, on Wednesday, assured the people of the state of his administration’s determination to deliver more projects to them. Diri, who stated this during his swearing in for a second term in office, admitted that he worked during the first tenure. He, however, admitted that more needs to be done, promising not to let the people down....

Bayelsa State Governor, Duoye Diri, on Wednesday, assured the people of the state of his administration’s determination to deliver more projects to them. Diri, who stated this during his swearing …

Imo State Governor, Hope Uzodimma, has been appointed as the Chairman of a seven-member team that will elect the All Pro...
14/02/2024

Imo State Governor, Hope Uzodimma, has been appointed as the Chairman of a seven-member team that will elect the All Progressives Congress (APC) governorship flagbearer in Edo State. The Independent National Electoral Commission (INEC) fixed September 21 for the conduct of the governorship election. According to a statement by the APC National Organising Secretary, Sulaiman Argungu, Cross River State Governor, Bassey Otu of Cross River will serve as Deputy Chairman of the committee while Rabiu Suleiman would serve as the committee‘s secretary....

Imo State Governor, Hope Uzodimma, has been appointed as the Chairman of a seven-member team that will elect the All Progressives Congress (APC) governorship flagbearer in Edo State. The Independent …

The Central Bank of Nigeria (CBN), fulfilling its pledge to clear the backlog of foreign exchange owed foreign airlines ...
30/01/2024

The Central Bank of Nigeria (CBN), fulfilling its pledge to clear the backlog of foreign exchange owed foreign airlines in the country, has concluded the payment of all verified claims by airlines with an additional $64.44 million to the concerned airlines. Confirming the figures on Tuesday, January 30, 2024, the Acting Director of Corporate Communications at the CBN, Mrs. Hakama Sidi Ali, noted that the latest amount paid to the airlines brought the total verified amount paid to that sector to $136.73 million....

The Central Bank of Nigeria (CBN), fulfilling its pledge to clear the backlog of foreign exchange owed foreign airlines in the country, has concluded the payment of all verified claims …

.…to continue settlement of verified FX backlog Abuja The Central Bank of Nigeria (CBN), in its bid to clear the backlog...
18/01/2024

.…to continue settlement of verified FX backlog Abuja The Central Bank of Nigeria (CBN), in its bid to clear the backlog of outstanding foreign exchange liabilities, has paid approximately USD 2.0 billion across various sectors, including manufacturing, aviation, and petroleum. The Bank has also cleared up the entire liability of 14 banks and started settlements with foreign airlines. The CBN Acting Director, Corporate Communications Department, Mrs....

.…to continue settlement of verified FX backlog Abuja The Central Bank of Nigeria (CBN), in its bid to clear the backlog of outstanding foreign exchange liabilities, has paid approximately USD …

President Bola Tinubu has signed the N28.7 trillion 2024 appropriation bill into law. He assented to the 2024 appropriat...
02/01/2024

President Bola Tinubu has signed the N28.7 trillion 2024 appropriation bill into law. He assented to the 2024 appropriation bill at a brief ceremony at the Presidential Villa in Abuja on Monday. Among those with the President while he signed were the President of the Senate, Senator Godswill Akpabio, and the Speaker of the House of Representatives, Hon Tajudeen Abbas....

President Bola Tinubu has signed the N28.7 trillion 2024 appropriation bill into law. He assented to the 2024 appropriation bill at a brief ceremony at the Presidential Villa in Abuja …

Coach Jose Peseiro has backed Nigeria to win a fourth Africa Cup of Nations, but conceded that it would be a real challe...
02/01/2024

Coach Jose Peseiro has backed Nigeria to win a fourth Africa Cup of Nations, but conceded that it would be a real challenge when action gets under way in Ivory Coast later this month. The last of Nigeria’s three continental titles came 10 years ago in South Africa. “We will fight to win the Africa Cup even though it won’t be easy,” Peseiro said in an interview with NFF TV....

Coach Jose Peseiro has backed Nigeria to win a fourth Africa Cup of Nations, but conceded that it would be a real challenge when action gets under way in Ivory …

The Minister of Interior, Olubunmi Tunji-Ojo, says automation of passport application process will begin from January 8,...
02/01/2024

The Minister of Interior, Olubunmi Tunji-Ojo, says automation of passport application process will begin from January 8, 2024, and Nigerians will be able to apply and complete their passport application process online without human contact. “We are good to go live,” Tunji-Ojo said Monday in Abuja during an inspection of facilities of the Nigeria Immigration Service (NIS) alongside the Comptroller General (CG) of the Service, Wura-Ola Adepoju....

The Minister of Interior, Olubunmi Tunji-Ojo, says automation of passport application process will begin from January 8, 2024, and Nigerians will be able to apply and complete their passport application …

Governor Siminalayi Fubara has taunted his political rivals in Rivers State, saying that they failed in their plot to im...
02/01/2024

Governor Siminalayi Fubara has taunted his political rivals in Rivers State, saying that they failed in their plot to impeach him as he remained the governor of the oil-rich South-South state. “I want to urge everyone here. Don’t be frightened,” the governor said on Sunday at a crossover church service at St Paul’s Archdeaconry Parish in the Opobo/Nkoro Local Government Area of the state....

Governor Siminalayi Fubara has taunted his political rivals in Rivers State, saying that they failed in their plot to impeach him as he remained the governor of the oil-rich South-South …

The 2023 governorship candidate of the Social Democratic Party (SDP) in Rivers State, Magnus Abe, says he will dump the ...
02/01/2024

The 2023 governorship candidate of the Social Democratic Party (SDP) in Rivers State, Magnus Abe, says he will dump the party for the ruling All Progressives Congress (APC). “Politically, I am heading back for the APC,” Abe said on Channels Television’s Politics Today programme on Monday. Abe, an ally of President Bola Tinubu, ran for governorship in the oil-rich state on March 18 but lost to Siminalayi Fubara of the Peoples Democratic Party (PDP)....

The 2023 governorship candidate of the Social Democratic Party (SDP) in Rivers State, Magnus Abe, says he will dump the party for the ruling All Progressives Congress (APC). “Politically, I …

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