National News
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UK Baroness lauds Olukoyede for repositioning EFCC
Baroness Verma Sandy of Leicester, Member of United Kingdom, UK’s House of Lords on Friday, May 17, 2024 lauded the Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr Ola Olukoyede for repositioning the Commission on the paths of professionalism and effectiveness. She expressed confidence that the EFCC will help change the global perception of Africa and build…
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NorthEast governors demand critical infrastructure projects
The North-East Governors’ Forum has expressed concern over the neglect of the North-East in the allocation of federal government capital projects, particularly the poor state of road and railway infrastructure along the economic corridors that link the zone to the rest of the country. The forum called on the federal government to prioritize the reconstruction of these critical infrastructure projects.…
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Tinubu receives letter of credence from ambassadors, calls for synergy, coordinated development
Kunle Sanni President Bola Tinubu has called for synergy and stronger coordinated action to address economic frailties within African nations. President Tinubu made the call at the State House on Friday during the presentation of Letters of Credence by newly-appointed ambassadors to Nigeria. The ambassadors who presented their credentials were Ambassador Edouard Nduwimana, Burundi Ambassador to Nigeria; Ambassador Mersole Mellejor,…
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Student loan doesn’t solve our tertiary institutions, says Group
Kunle Sanni The Federal Government should enhance funding for public tertiary institutions while enforcing the student loan policy, according to policy think-tank Agora’s recommendations. In June 2023, President Bola Tinubu signed into law the first iteration of the student loan programme, which allowed students to take out interest-free loans. The programme was supposed to start in October 2023, but it…
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Your investments are secured, says Tinubu to Chinese executives
Kunle Sanni President Bola Tinubu has said Nigeria is a safe hub for investments and that his administration will always provide the needed support to ensure that businesses thrive. Speaking when he received a delegation led by the Chairman of the China Railway Construction Corporation (CRCC), Dai Hegen, at the State House on Friday, President Tinubu assured the Chinese business…
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Shettima tasks NEC Human Capital Committee to deliver tangible results
Vice President Kashim Shettima on Friday inaugurated the revamped National Economic Council (NEC) Human Capital Development (HCD) Steering Committee with a charge to the new committee to solemnly deliver tangible results in the three core pillars of health and nutrition, education, and labour force participation. According to the vice president, the federal government reconstituted the committee to reflect the new…
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Our renewed hope agenda repositioning Nigeria as global investment hub, says VP Shettima
Vice President Kashim Shettima has said the Renewed Hope Agenda of the President Bola Tinubu’s administration is a transformative policy thrust aimed at repositioning Nigeria as a prime global investment destination. He said with the agenda hinged on the core pillars of democracy, development, demographics, and diaspora engagement, the present moment serves as the opportune time to remind both Nigerians…
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NJC bars 3 judges from elevation
The National Judicial Council under the Chairmanship of the Chief Justice of Nigeria, Justice Olukayode Ariwoola, at its plenary of the 105th Meeting held on 15 and 16 May 2024, resolved to issue warning letters to Justice Inyang Ekwo of the Federal High Court and Justice GB Brikins-Okolosi of Delta State High Court. A statement by the NJC Director of…
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Only those not paying electricity bills grumbling on new tariff, says Minister of Power
Minister of Power, Adebayo Adelabu, has said the hues and cries on the electricity tariff increase for Bnd A customers is from those who were not paying electricity bills in the past. Adelabu, who spoke at the 8th Africa Energy Marketplace forum on Thursday in Abuja, said the new tariff has led to reduction in energy cost for consumers in…
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Tinubu approves N3.3trn for payment of power sector debts
As part of the measures to tackle incessant power outages in the country, President Bola Tinubu has approved the gradual payments of power sector debts estimated at over N3.3 trillion. Consequently, about N1.3trillion owed power generating companies by the Federal Government will be paid via cash injections and promissory notes, while about $1.3billion or N1.994trillion using the current official closing…
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