December 2024 – Page 154

Tinubu Hails Shell’s $5 Billion Bonga North Deepwater Investment

16.12.2024

President Bola Ahmed Tinubu has commended Shell and its partners for their $5 billion Final Investment Decision (FID) on the Bonga North Deep Offshore Field, marking Nigeria’s first deepwater oil project in over a decade. The investment reflects President Tinubu’s successful reforms to attract foreign investment in the oil and gas sector. Located 130 kilometres...

APC Downplays Kwankwaso, Duke, Obasanjo’s Meeting

16.12.2024

Following the meeting between Senator Rabiu Kwankwaso, former Governor of Cross River State, Donald Duke and President Olusegun Obasanjo over the weekend, the All Progressives Congress (APC) has described the meeting as inconsequential to the party’s dominance ahead of the 2027 general elections. New Telegraph had earlier reported that Kwankwaso, a former presidential candidate of the...

Obaseki Seeks Investment In Emerging Technology, Wins ‘Digital Governor’ Award

16.12.2024

Immediate past Governor of Edo State, Godwin Obaseki, has counselled state governors to prioritise investments in emerging technologies such as Artificial Intelligence and the Internet of Things (IoT) to boost digital transformation and accelerate socio-economic development in their states. Obaseki made this appeal at the 31st anniversary dinner of the Association of Telecoms Companies of...

Anambra APC Guber Aspirant Carpets Tinubu’s Critics

16.12.2024

A gubernatorial aspirant of the All Progressives Congress (APC), Sir Paul Chukwuma, has dismissed critics against the appointment of members of All Progressives Grand Alliance APGA into President Tinubu’s cabinet. Chukwuma who spoke to reporters at his country home in Umuleri in Anambra East Local Government Area of Anambra state contended that it is the...

NRC To Expand LNG, Diesel Locomotive Tech Beyond Abuja –Kaduna

16.12.2024

The Nigeria Railway Corporation (NRC) has said it will expand its Liquefied Natural Gas (LNG)-diesel locomotive technology beyond the Abuja-Kaduna rail corridor to other regions of the country. The Acting Managing Director, Engr. Ben Iloanusi, stated this during a visit by the California State Transport Agency delegation to the Minister of Transportation, Saidu Alkali, in...

Q3’24: 37 Firms Invest N286bn Across Nigeria’s Economic Sectors

16.12.2024

Thirty seven firms made investments worth N286 billion across various sectors of the country’s economy in the third quarter of 2024. The Head of Incentive Administration Department, Nigerian Investment Promotion Commission (NIPC), Lovina Kayode, confirmed the figure over the weekend in Abuja. During the same period, NIPC generated 5,559 jobs from pioneer status incentives. The...

Group Backs Afe Babalola Over Dele Farotimi

16.12.2024

The Justice for Afe Babalola Legacy (JABL) has praised elder statesman and founder of Afe Babalola University (ABUAD) Aare Afe Babalola for his move to protect his reputation. According to the group, Babalola was right to have reported Dele Farotimi to the police. Addressing a press conference in Ado Ekiti at the weekend, spokesman Rotimi...

Tax Relief, Property Levy Crucial For Affordable Housing Delivery —Stakeholders

16.12.2024

Stakeholders in the housing sector have called for reforms like property tax to address the growing issue of unoccupied houses, and tax relief to encourage developers to build more houses. The stakeholders said this at the 6th Edition of the African Housing Awards organised by the Housing Development Advocacy Network (HDAN) in Abuja. They said...

DigiGap Programme: Foundation Equips Young Nigerians With Digital Skills

16.12.2024

NerdzFactory Foundation, in partnership with Access corporation, has successfully concluded the 6th edition of its transformative DIGIGAP Program. This impactful initiative ran for four weeks, empowering young Nigerians with the essential skills in Digital Marketing and Product Design to thrive in today’s dynamic digital economy. The DIGIGAP Program 6.0 brought together an enthusiastic cohort of...

Alia Repositioning LG Service Commission Hijacked By Stakeholders — Ivever

16.12.2024

Chairman of the the Benue State Local Government Civil Service Commission (LGCSC), James Ivever, has said Governor Hyacinth Alia is turning around the commission which in the last administration was hijacked by stakeholders. Ivever, who disclosed this to journalists at Katsina-Ala Local Government Area, commended the governor for restoring the Commission’s mandate to its original...