The Economic and Financial Crimes Commission (EFCC) has raised a team of operatives to probe alleged mismanagement of N423 billion by former Kaduna State Governor Nasir El-Rufai and some key members of his government. It was learnt that the former governor will soon be invited for questioning. Others slated for […]
Business
Democracy Day: FG Declares Wednesday Public Holiday
The Federal Government has declared Wednesday, June 12 as public holiday to commemorate this year’s Democracy Day. The Minister of Interior, Olubunmi Tunji-Ojo in a statement on Tuesday by the Permanent Secretary of the ministry, Dr Aishetu Ndayako, congratulated Nigerians on the celebration. The statement partly read, “As we mark another […]
Anxiety as plane carrying Malawi vice president goes missing
An aircraft carrying Saulos Klaus Chilima, Malawi’s Vice President and nine others has gone missing, Malawi’s presidency said on Monday. “All efforts by aviation authorities to make contact with the Aircraft since it went off the radar have failed thus far,” Malawi’s Office of the President and Cabinet said in […]
Akpabio: Dangote Shamed Nigerian Government By Completing 650,000bpd Refinery
The President of the Senate, Senator Godswill Akpabio yesterday declared that the Chairman of Dangote Group, Alhaji Aliko Dangote shamed successive Nigerian governments by completing the 650,000 barrels per day (bpd) Dangote Petroleum Refinery, describing the facility as the ninth wonder of the world. Commending Dangote for completing the largest single […]
Dangote Opens Truck Assembling Plant In Lagos
Today, I joined the President of the Senate, Hon. Godswill Akpabio for the commissioning of the CKD plant at Dangote Sinotruk West Africa Limited in Ikeja. With the capacity to assemble and produce 10,000 trucks annually, Dangote Sinotruk West Africa is set to create about 3,000 jobs across Nigeria. Congrats […]
Economy: Senate Tours Dangote Refinery And Key Projects In Lagos
Nigerian Senate Leadership Visits Dangote Refinery, Fertilizer Plant, Truck Assembling Plant and Ports In Lagos “The impending availability of locally refined petroleum products remains the key to unlocking Nigeria’s economic growth” , Senator Dr. Ifeanyi Ubah, CON. Lagos, Nigeria – June 7- 9, 2024: The Nigerian Senate leadership, led by […]
Labour May Resume Strike Tuesday After Rejecting ₦62,000, Insists On ₦250,000
The Organised Labour has said it will not accept any N62,000 or N100,000 “starvation wage” as the minimum wage for Nigerian workers. It insisted on N250,000, being its latest demand at the last meeting of the Tripartite Committee on Minimum Wage on Friday, as the living wage for an average […]
Napoli President Flies To France To Convince PSG To Buy Osimhen
Aurelio de Laurentiis has reportedly flown to France to convince PSG to trigger Osimhen’s release clause. Napoli president Aurelio de Laurentiis reportedly took a trip to France to convince the Paris Saint-Germain leadership to trigger Victor Osimhen’s release clause. The 24-year-old expressed his desire to test new waters last year, […]
Forensic Audit Uncovers N3.3 Trillion Inflated Figure In Fuel Subsidy Claims
A forensic audit conducted by KPMG, a global accounting firm, has revealed a N3.3 trillion discrepancy in the fuel subsidy claims made by the Nigerian National Petroleum Company Limited (NNPCL) during the administration of former president Muhammadu Buhari. The audit found that NNPCL inflated its fuel subsidy claims, initially reporting […]
States Work On Total Electricity Subsidy Removal, New Tariff
State governments are getting set to eliminate electricity subsidies in their territories as more states gear up to join others in running their different power markets under their own laws. In a document put together by the Nigeria Governors’ Forum, titled, ‘Development of the National Integrated Electricity Policy and Strategic […]