December 2024 – Page 174

Pension fund assets hit N21.92tn in October – PenCom

14.12.2024

The National Pension Commission has disclosed that the total pension fund assets under the Contributory Pension Scheme have risen to N21.92tn as of October 2024, with contributions from 10.53 million registered participants. The commission further anticipates that the assets will surpass N22tn by the end of the year. The disclosure was made by the Director-General...

Firm unveils calcium carbonate plant

14.12.2024

Manufacturing firm, Izedon Carbonates, has inaugurated its production plant in Lampese, Edo State, in a bid to bolster Nigeria’s non-oil revenue and reduce the importation of calcium carbonates. In a statement, Izedon Carbonates, trading as IzeCarb, said it put up a state-of-the-art facility, equipped with advanced automated machinery, the first of its kind in the country,...

Benue Assembly Uncovers Multibillion Naira Fraud in LG Councils Operations

14.12.2024

The Benue State House of Assembly has reportedly stumbled over a multi-billion fraud that has rocked the 23 local government areas in the state over which the Bureau for Local Government and Chieftaincy Affairs and the State Universal Basic Education Board are alleged to be actively embroiled. The 10-man ad-hoc committee of the Assembly, led...

Stop Wasting National Honours on Corrupt Leaders, Imansuangbon Tells Tinubu

14.12.2024

A former governorship aspirant under the Labour Party in Edo State and a philanthropist, Barrister Ken Imansuangbon, has called on the federal government to pay more attention to humanitarian workers providing relief and support to vulnerable Nigerians displaced by war, disaster and conflicts for national honours and recognition instead of wasting them on alleged corrupt...

Yusuf Demotes Sacked Chief of Staff

14.12.2024

Governor Abba Kabir Yusuf of Kano State has demoted his sacked Chief of Staff, Shehu Sagagi, to the position of the Secretary and Head of Secretariat of the Kano State Shura Council, a 46-member advisory body designed to promote inclusive governance and enhance policy formulation through community engagement. The announcement of the council on Friday,...

2027: Tinubu’s second term ambition premature, unrealistic, say Atiku, CUPP

14.12.2024

The Coalition of United Political Parties (CUPP) and a former Vice President of the country, Alhaji Atiku Abubakar have reacted to a statement credited to one of the spokesmen to President Bola Tinubu, Daniel Bwala boasting that his principal will win the 2027 Presidential Election. In separate reactions to Bwala’s outburst, CUPP and Abubakar, who...

Manufacturers, businesses lose N40.04trn to 12 nat’l grid collapses in 12 months

14.12.2024

The persistent collapse of the national grid is causing the nation a huge loss, the Saturday Telegraph has gathered authoritatively from the Manufacturers Association of Nigeria (MAN). Investigations revealed that an estimated N40.04trn ($26bn) was lost to the frequent collapse of the nation’s national grid in 2024. The figure was arrived at using the closing...

Bauchi’s SSG Kashim Resigns

14.12.2024

The Secretary to Bauchi State Government (SSG), Ibrahim Kashim, on Friday, announced his resignation from his position with immediate effect. Governor Bala Mohammed’s Spokesperson, Mukhtar Gidado announced the development in a statement made available to journalists in Bauchi on Friday. While there was no clear reason for his resignation, he is being touted to run...

Transportation Ministry Moves To Collaborate With U.S Agency

14.12.2024

The Minister of Transportation, Senator Said Alkali, has promised to immediately set up a technical committee to work with the California State (of the United States) Transport Agency. According to a statement signed by Olujimi Oyetomi, Director, Press & Public Relations, the arrangement is to foster collaboration and knowledge sharing between Nigeria and USA on...

Fubara donates Six Gunboats To the Navy To Secure Oil Installations

14.12.2024

Rivers State Governor, Sir Siminalayi Fubara, handed over six security surveillance 400 horse-powered gunboats and three separate units of bungalows for Senior Officers’ Quarters and rating Bofors’ accommodation donated by his administration to the Nigerian Navy on Friday. He also urged the Nigerian Navy to effectively deploy the gunboats provided by his administration to secure...

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I apologise for saying no heaven without tithe – Adeboye

04.10.2024

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

04.10.2024

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

04.10.2024

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...

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Pension fund assets hit N21.92tn in October – PenCom

Firm unveils calcium carbonate plant

Benue Assembly Uncovers Multibillion Naira Fraud in LG Councils Operations

Stop Wasting National Honours on Corrupt Leaders, Imansuangbon Tells Tinubu

Yusuf Demotes Sacked Chief of Staff

2027: Tinubu’s second term ambition premature, unrealistic, say Atiku, CUPP

Manufacturers, businesses lose N40.04trn to 12 nat’l grid collapses in 12 months

Bauchi’s SSG Kashim Resigns

Transportation Ministry Moves To Collaborate With U.S Agency

Fubara donates Six Gunboats To the Navy To Secure Oil Installations

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