House of Representatives has passed through second reading, a bill seeking to establish the Nigerian Mining Development Bank to promote and enhance investment in the sector of the economy. The proposed law titled “A bill for an act to establish the Nigerian Mining Development Bank, was sponsored by a member representing Idemili North/Idemili South Federal…
The Federal Government has issued a marching order, asking the Nigerian Electricity Regulatory Commission, NERC, to withdraw licenses of non-performing electricity distribution companies, DISCOs. This is even as power generation dropped year-on-year, YoY, by 21 per cent to 3,475MW in March 2024, from 4,404MW in the corresponding period of 2023, due to many problems, especially…
Petroleum Company Limited (NNPC Ltd.) has reached out to the Economic and Financial Crimes Commission (EFCC) to forge a partnership aimed at tackling the persistent issue of crude oil theft within the country. During a compelling interactive session held at the NNPC Towers in Abuja, Mele Kyari, the Group Chief Executive Officer of NNPC Ltd.,…
President Bola Tinubu on Tuesday evening held a meeting with some representatives of the Senate led by the Senate President Godswill Akpabio, at the State House. The meeting came shortly after the suspension of Senator Abdul Ningi of Bauchi Central (PDP) for three months over his allegation that the 2024 Budget was padded to the…
Conference Of Nigeria Political Parties (CNPP) and over 75 allied civil society organisations under the umbrella of the National Civil Society Organisations Against Inept Leaders, have insisted on thorough and independent investigation of the alleged 2024 budget padding by Senator Abdul Ningi despite the suspension of the Senator for three months, saying that their 14-day…
Governor Lucky Aiyedatiwa of Ondo State has officially announced his candidacy for the upcoming 2024 Ondo Governorship Election.Aiyedatiwa at a rally in the state capital, Akure, explained that he is seeking “another term in office to continue my contributions to the development and progress of Ondo State.” He expressed commitment to bringing about positive change…
Osun State Governor, Ademola Adeleke, on Tuesday, said his administration has uncovered plans by criminals to attack schools and farm settlements in rural communities in the state. The governor, who raised the alarm in a statement signed by his spokesperson, Olawale Rasheed, said those behind the plot plan to disrupt the implementation of the infrastructure…
Reactions have trailed the announcement by the United Kingdom (UK) government to ban foreign health workers and caregivers from bringing their families. The UK revealed that a disproportionate 120,000 dependents accompanied 100,000 workers to the country in 2023. British Prime Minister Rishi Sunak-led government, on Monday, announced that Nigerians and other immigrants, who want to…
President Bola Tinubu on Monday visited former Military President, General Ibrahim Badamasi Babangida, at his hilltop residence in Minna, Niger State where the duo had a meeting. At the meeting which was held behind closed doors, the leaders discussed the state of the nation. At the meeting which was held behind closed doors, the leaders…
A Lagos Federal High Court has ordered final forfeiture of 36 exotic cars, ‘allegedly stolen’ from Canada to Nigeria. Justice Deinde Isaac Dipeolu, who presided over the court, made the final forfeiture order while granting an application filed and argued by a lawyer to the Economic and Financial Crimes Commission (EFCC), Mr. A. B. Abdul…
