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Economy
NNPCL has enough fuel to last beyond yuletide – Kyari
The Nigerian National Petroleum Company Limited has expressed its capacity to supply petroleum products to last beyond this year months and the New Year. The NNPCL said the supply of petroleum products, especially the Premium Motor Spirit, known as petrol, would last beyond the Yuletide and New Year. The Group Chief Executive Officer, NNPCL, Mallam Mele Kyari, said this when…
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Economy
Alake tours agencies, urges innovation in operations, internally generated revenue
The Minister of Solid Minerals Development, Dr. Dele Alake has paid a maiden visit to agencies under the ministry, canvassing reforms and adherence to due process in line with the Renewed Hope agenda of the Tinubu administration. Speaking at his first port of call, the Mining Cadastral Office (MCO), the Minister lauded efforts of the agency as the custodian of…
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National News
Simon Ekpa, threat to Nigeria, says CDS
The chief of defence staff, Christopher Musa, has described Simon Ekpa, a factional leader of the outlawed Indigenous People Of Biafra (IPOB), as a threat to Nigeria’s security and stability. Musa made this remark on Tuesday at the house of representatives, where he and other service chiefs gave an update on the security situation in the country. Ekpa, who claims…
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Politics
VIDEO: ‘Are we your slaves,’ Tony Nwoye lambasts Akpabio over Senate minority leadership
Labour Party Senator representing Anambra North, Tony Nwoye has accused Senate President Godswill Akpabio of treating the Senate’s minority caucus as “slaves” by picking leaders for them. Nwoye said this during plenary on Tuesday following the uproar that greeted the announcement of senators Abba Moro and Osita Ngwu as Minority Leader and Minority Whip, respectively. Nwoye said it was unfair…
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Homeland News
Adeleke tasks Osun cabinet members on budget defence, lists three urgent executive bills
Osun State Governor, Ademola Adeleke, has directed members of the State Executive Council to be prepared for detailed budget defense at the state assembly and ensure draft executive bills are forwarded to the legislature as quickly as possible. Speaking on Tuesday evening at a review session on the 2024 budgetary plans, Governor Adeleke reminded the cabinet members that full cooperation…
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Development
Humanitarian minister holds first coordination meeting with UN agencies, development partners
Minister for Humanitarian Affairs and Poverty Alleviation, Betta Edu, hosted a historic meeting with Ambassadors, UN agencies, Development Partners, INGOs and NGOs at the United Nations House, Abuja on Tuesday. The meeting aimed to foster a more effective and coordinated response to the humanitarian crises in Nigeria. The participants agreed on several resolutions, including: • Raising $5 billion annually for…
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Homeland News
I disagree with ‘son’ Tinubu on national, political issues – Adebanjo
Pa Ayo Adebanjo, a leader of the Yoruba socio-cultural group Afenifere has declared that President Bola Ahmed Tinubu is his son and not his enemy, stating that their only disagreement is on political matters. He also praised the president as a kind young man who has always granted him any favour he has requested from him, and said that the…
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News from States
Eno presents N845.632bn 2024 Akwa Ibom budget
Akwa Ibom State Governor, Umo Eno, on Tuesday, presented the 2024 budget proposal of N845.632 billion to the State House of Assembly. The budget, which is christened “ARISE Budget for Growth and Expansion”, is based on an oil benchmark of 73.96 per barrel at a production rate of 1.78 million barrels per day with an estimated exchange rate of ₦700/US.…
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National News
Shettima promises more inclusive, prosperous future for creative economy
Vice President Kashim Shettima on Tuesday restated the resolve of the Tinubu administration to ensure a more inclusive and prosperous future for the country’s creative economy. According to him, the President Bola Ahmed Tinubu-led government is poised to increase the voices of Nigeria’s creative minds, empower the nation’s best talents, and harness the unconstrained potential within the country’s ” diverse…
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Economy
Tinubu leads Nigeria to secure $500m renewable energy investment from Germany
The burgeoning economic partnership between the Federal Republic of Nigeria and the Federal Republic of Germany witnessed further expansion and strengthening as two important agreements were signed between Nigerian and German businesses on Tuesday. Speaking in Berlin, Germany, at the 10th German-Nigerian Business Forum, President Bola Tinubu said that with a resilient democracy, Nigeria is well primed to attract foreign…
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