The Nigerian National Petroleum Company Limited has reduced its premium motor spirit price, DAILY POST reports. DAILY POST correspondent observed on Saturday that the petrol price at NNPCL filling stations in the Federal Capital Territory, Abuja, has been reviewed downwards to N935 per litre from N950. Some motorists in Abuja […]
News
10-Day Power Outage Cripples Socio-economic Activities In Kano
The prolonged power outage experienced in Kano over the past 10 days has disrupted socio-economic activities across the metropolis. Some Kano residents who spoke to journalists on Sunday lamented that the situation — compounded by recurrent national grid failures — had left many communities in darkness, affecting businesses and households. […]
China Turns To Nigeria, Other Emerging Economies As US Markets Freeze
Product manufacturers in China have turned their attention to Nigeria and other emerging markets following the imposition of trade tariffs on their products by the US President, Donald Trump. Trump, on April 2, slapped a 46% tariff on Vietnam and a 17% levy on the Philippines before paring those back […]
IMF: Nigeria Will Navigate Global Shocks Due To Tinubu’s Reforms
The International Monetary Fund (IMF) says Nigeria will navigate global shocks due to the reforms implemented by President Bola Tinubu. Axel Schimmelpfennig, IMF mission chief for Nigeria, spoke during a visit to Lagos and Abuja from April 2 to 15, where he led a delegation to hold discussions for the […]
Epileptic Electricity: FG To Inject 1,900MW Solar Power Into Grid
The Federal Government has revealed plans to construct modular solar power plants with a combined capacity of 1,900 megawatts for the 19 northern states, as part of efforts to boost renewable energy adoption and expand the national grid. It also disclosed its target to generate and distribute about 8,000MW of electricity before […]
“Past Administrations To Blame For Power Sector Rot” Adelabu To World Bank
Adebayo Adelabu, minister of power, has blamed the rot in the sector on the neglect of past administrations. In a statement on Wednesday, Bolaji Tunji, special adviser on strategic communications and media relations, said Adelabu made the comments while hosting the World Bank delegation in his office in Abuja. The […]
Nepotism Under Buhari Worse Than Tinubu’s Government — Shehu Sani –
Amid the accusation of nepotism against President Bola Tinubu’s administration, former federal lawmaker Senator Shehu Sani said that former President Muhammadu Buhari’s government committed worse nepotism. President Tinubu’s administration has been heavily criticised lately, particularly by northern politicians, who strongly believe his appointments are largely skewed in favour of his […]
Nigeria Set To Host 68th Meeting Of UN Tourism Commission For Africa
The Federal Government of Nigeria has confirmed its readiness to host the 68th meeting of the UN Tourism Commission for Africa (CAF) in Abuja. Art, Culture, Tourism and Creative Economy Minister, Barr Hannatu Musa Musawa, gave the assurance when a two-man team from the United Nations Tourism Commission for Africa, […]
Nigeria, South Africa Sign Mining Deal To Boost Industrialization, Job Growth
Nigeria and South Africa have signed a strategic Memorandum of Understanding (MoU) to deepen collaboration in mining development, a key pillar of President Bola Ahmed Tinubu’s economic diversification agenda. The MoU, formalized by Nigeria’s Minister of Solid Minerals Development, Dr. Dele Alake, and South Africa’s Minister of Mineral Resources and […]
Falana Seeks Immediate Sack Of Ibok-Ete Ibas Over Breach Of Presidential Order
Human rights lawyer and Senior Advocate of Nigeria (SAN), Femi Falana, has called on the Federal Government to immediately remove the Rivers State Sole Administrator, Retired Vice Admiral Ibok-Ete Ibas, citing a breach of constitutional procedure and defiance of President Bola Tinubu’s directives, News360 Nigeria reports. In a statement provided to Vanguard […]