Laymakers loyal to Nyesom Wike, the former governor of Rivers State have given the incumbent Governor Siminalayi Fubara a seven-day ultimatum to re-present the 2024 budget. According to reports the decision was reached at the first sitting of the pro-Wike lawmakers, led by Martin Amaehwule, months after they were sacked by a court. They gave…
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun has confirmed that the federal government is current on its debt payments, having serviced $700 million for 420 national development agencies. While addressing the Senate Committee on Appropriation, the minister presented this update while discussing the budget’s performance. “We have paid $700 million…
The Nigeria Meteorological Agency (NiMet) has predicted thunderstorm and rains from Wednesday to Friday across the country. NiMet`s weather outlook released on Tuesday in Abuja predicted morning thunderstorms on Wednesday over parts of Jigawa, Kano, Katsina, Sokoto, Kebbi, Zamfara, Taraba and Adamawa states. “While afternoon/evening thunderstorms are expected over parts of Adamawa, Taraba, Jigawa, Kaduna,…
The Nigerian Education Loan Fund (NELFUND) has published a list of institutions that have submitted their complete student data for the student verification system (SVS) portal. In a statement on Sunday, NELFUND also revealed that students enrolled in the 36 state-owned tertiary institutions can now apply for student loans effective July 7, 2024. It also…
The Lagos State Government has issued a 48-hour vacation notice to squatters and owners of illegal structures along the Gbagada-Bariga drainage channel. The announcement was made by the Commissioner for the Environment and Water Resources, Tokunbo Wahab, via a post on social media platform, X on Sunday. Wahab explained that the drainage channel, which serves…
President Tinubu has been re-elected for another one-year tenure as chairman of the ECOWAS Authority of Heads of States and Government. Tinubu’s first tenure is to end on Tuesday, July 9, 2024. The President was re-elected at the 65th Ordinary Session of the Authority of Heads of States and Government at the Presidential Villa, Abuja,…
The raging political crisis in Rivers statetook another interesting twist. The judgment of the Appeal Court in Abuja gave some degree of reprieve to Martins Amaewhule and his group of 26 Assembly.members. The judgment sparked a wild jubilation in the camp of the former Governor and serving minister of the FCT, Nyesom Wike. It gave…
The Nigerian National Petroleum Company Ltd (NNPCL), on Thursday commissioned 12 compressed natural gas (CNG) stations to reduce transportation cost in the country. President had on May 29, last year announced the removal of subsidy on petrol, a development that made the price rise from N197 per liter to N690 per liter. The newly built…
President Bola Tinubu expressed disappointment that Nigeria, despite its size, still generates only 4.5GW of electricity. He emphasized the need for innovative solutions and public-private partnerships to drive economic reforms. To address energy security, the President announced measures to increase oil production to 2 million barrels per day and electricity generation to 6 gigawatts in…
Lagos State has received an additional 13 Band A feeders following approval from the Nigerian Electricity Regulatory Commission (NERC) NERC on Wednesday approved the upgrade of 13 more feeders from Band B to Band A for Ikeja Electricity Distribution Company (IKDC), Lagos, confirmed the development in a statement on its X handle. Premised on our…
