The Federal Government has paid $120m out of the $1.3bn indebtedness to gas companies for the supply of gas to run gas-fired power plants across the country. Nigeria is currently suffering from low power supply because many gas suppliers have reduced, while others stopped supplying the commodity to power-generating companies due to the indebtedness of…
The Lagos Rail Mass Transit System is a significant development in Lagos State, Nigeria, with both the Blue Line (already operational) and the upcoming Red Line Rail, to be launched by President Bola Ahmed Tinubu. Let’s explore how these rail projects contribute productively to the environment. The Lagos Rail projects will no doubt help in…
President Bola Ahmed Tinubu on Wednesday visited Ondo State where he paid a condolence visit to the home of late former governor of the state, Arakunrin Oluwarotimi Akeredolu in Owo Town, the palace of the Olowo of Owo and the home of Afenifere leader, Pa Reuben Fasoranti in Akure… See images here as compiled from online sources by Olufemi…
The Minister of Information and National Orientation, Mohammed Idris, on Wednesday, allayed fear of job losses after the implementation of the Oronsaye Report, recommending the merger of the Federal Government’s ministries and departments. This was as the 2023 presidential candidate of the Labour Party, Peter Obi, on Wednesday, threw his weight behind President Bola Tinubu…
President Bola Tinubu, on Wednesday, appealed for patience from Nigerians over the current economic hardship in the country, giving the assurance that there was light at the end of the tunnel. The President said he was fully aware and took responsibility for the difficulties Nigerians had been subjected to on account of government policies. He…
President Bola Tinubu will, tomorrow, inaugurate the second metro line system in Lagos, making the state the first sub-national government to have two intra-city train systems. When he performed the groundbreaking of the Red Line Train on April 15, 2021 (after the COVID-19 pandemic), Governor Babajide Olusola Sanwo-Olu never had a clue how he was being positioned…
The Coordinating Minister of Health and Social Welfare, Prof Muhammad Pate, on Wednesday, disclosed that the Federal Government had enrolled about 750,000 Nigerians into the National Health Insurance Scheme. Pate stated this at the third edition of the ministerial press briefing series initiated by the Ministry of Information in Abuja, noting that the President Bola…
President Bola Tinubu is expected to arrive in Ondo State soon for a condolence visit to the family of the late governor, Rotimi Akeredolu, in Owo. It was also learnt that the President would visit the Olowo of Owo Kingdom, Oba Ajibade Ogunoye, after which he will visit the national leader of the pan-Yoruba socio-political…
The African Export-Import Bank on Wednesday, disclosed that it has become the largest financier of oil and gas projects in Africa. The bank disclosed investing $30bn in industry projects, with Nigeria receiving 60 per cent despite reduced global funding for hydrocarbon ventures in Africa President, Afreximbank, Prof Benedict Oramah, said Africa has to find innovative…
Members of the Nigeria Labour Congress have stormed the streets of Lagos State to express their grievances over the current economic hardship. They are also protesting the government’s alleged failure to implement agreements reached between both parties on October 2, 2023, following the removal of the fuel subsidy. The decision followed the conclusion of a…
