January 2025 – Page 111

Committee On Appropriations Accuses NNPCL Of Withholding Revenue

17.01.2025

…Nigeria’s revenue may double above N49.7trn in 2026 The Chairman, Senate Committee on Appropriations, Senator Solomon Adeola, on Thursday, lamented that a lot of revenue has been held hostage by the Nigeria National Petroleum Company Limited (NNPCL). Adeola who spoke at the National Assembly during a stakeholder’s public hearing/ interactive session on the 2025 Appropriation...

Nigeria may sell equity in Cotonou-based sugar firm – Minister

17.01.2025

The Minister of State for Industry, Trade, and Investment, Senator John Enoh, has said the Federal Government may consider selling its equity in the Savé Sugar Company if efforts to find a suitable investor to revive the struggling facility do not materialise. Enoh made the statement in a press release on Wednesday following his visit...

Amaka Okeke Honoured With Nelson Mandela Leadership Award Of Excellence

17.01.2025

West Africa Youth Council inducted the Executive Director, Optiva Capital Partners; Amaka Diane Okeke as “West Africa Youth Ambassador ” and Recipient of the Nelson Mandela Leadership Award of Excellence and Integrity for her persistent hard work and resounding success in rapidly improving entrepreneurship and Youth Empowerment. The ceremony had in attendance representatives of the...

Court Issues Arrest Warrant For Mercy Chinwo’s Manager

17.01.2025

A Federal High Court, Ikoyi, Lagos has issued a warrant of arrest against Ezekiel Onyedikachukwu, the manager of renowned Nigerian gospel singer, Mercy Chinwo, over allegations of diverting $345,000 in royalties. Justice Alexander Owoeye granted the order following an ex-parte motion filed by the Economic and Financial Crimes Commission (EFCC). Representing the EFCC, Bilikisu Buhari,...

Rivers Congress: We’ll Obey Court Judgement

17.01.2025

The Peoples Democratic Party (PDP) said it has been served with the court judgement nullifying the conduct of last year’s ward, local government and state congresses in Rivers State and will abide by it. PDP National Publicity Secretary Debo Ologunagba, in a statement on Thursday, said in line with the judgement, which was delivered on...

Expert urges govt to embrace renewable energy

17.01.2025

An expert in sustainability and sustainable practices compliance, Victoria Agbakwuru, has stressed the need to embrace renewable energy as a gateway to achieving Sustainable Development Goals. Agbakwuru, in a paper titled “The Role of Renewable Energy in Achieving Sustainable Development Goals,” explored the critical role renewable energy plays in advancing the United Nations’ SDGs, with...

Kwara Commissioner Delivers Maiden Lecture At LAUTECH

17.01.2025

...Dedicates Award to Gov AbdulRazaq The Kwara State Commissioner for Solid Minerals Development, Dr Alabi Afeez Abolore, has delivered the maiden edition of a lecture series organised for students in the Department of Estate Management, Ladoke Akinola University of Technology, Ogbomoso, Oyo State, with the theme, “Estate Management between the Academics and Practitioners: the catalyst...

New Viathan CEO pledges reliable power solutions

17.01.2025

New Chief Executive Officer of Viathan Group, Lekan Adekeye, pledges reliable power solutions, adding that his focus will be on furthering the company’s mission of providing reliable energy solutions while exploring emerging opportunities in the energy sector. Adekeye made this pledge while speaking on his appointment as the CEO of Viathan Group, an integrated energy...

Abandon Plan To Restrict Education Loan To Specific Courses, CAPPA Tells NELFUND

17.01.2025

The Corporate Accountability and Public Participation Africa (CAPPA) has called on the Federal Government and Trustees of the Nigerian Education Loan Fund (NELFUND) to abandon plans to restrict access to education loans to specific courses deemed “High demand” and “Practical” to national development. The organisation described this potential direction of the policy as discriminatory, a...

‘Tinubu’s Economic Reform Designed To Eradicate Bad Governance’

17.01.2025

The pioneer National Chairman of the ruling All Progressives Congress (APC), Chief Adebisi Akande has described President Bola Ahmed Tinubu’s economic reforms as a child of necessity deliberately designed to eradicate bad governance and liberate Nigeria and Nigerians from the shackles of political brigandage, retrogression and bad leadership that characterized past administrations in the country....