Latest news

Latest News

FG slams past administrations for power woes

The Federal Government through the Minister of Power, Adebayo Adelabu, has blamed past administrations for the power challenges facing the country. Adelabu said former Nigerian Presidents and military rulers failed to do things differently, but were expecting different results. A statement by the minister’s media aide, Bolaji Tunji, on Wednesday, said Adelabu made the comments...
Read more

Tinubu flags off construction of Ebonyi-Calabar superhighway

President Bola Tinubu has flagged off the construction of the 465-kilometre Calabar-Ebonyi-Benue-Nasarawa-Abuja Superhighway. The flag-off ceremony for the legacy project took place at Amuro Primary School in the Afikpo Local Government Area of Ebonyi State on Wednesday. Represented by the Ebonyi State Governor, Francis Nwifuru, Tinubu thanked the people of the South-East for their continued...
Read more

FIRS blames revenue loss on poor data

The Executive Chairman of the Federal Inland Revenue Service, Zacch Adedeji, on Tuesday, revealed that revenue lost to tax expenditure remains difficult to quantify due to poor data availability across relevant government agencies. He said this is because tax incentives are not properly weighed against their real economic benefits, which makes it hard to know...
Read more

FG to establish Renewable Energy University

The Federal Government says plans are at an advanced stage to establish the first Renewable Energy University in Nigeria. The university is to be established in partnership with some development partners. The Managing Director/Chief Executive Officer of the Rural Electrification Agency, Abba Aliyu, stated this yesterday day at a Roundtable held in Victoria Island between...
Read more

Customs delivers nine containers of expired drugs to NAFDAC

The Nigeria Customs Service, Kirikiri Lighter Terminal Command, said it handed over nine containers of expired pharmaceuticals to the National Agency for Food and Drug Administration and Control. The Customs Area Controller in charge of the command, Joy Edelduok, disclosed this while addressing journalists at the command in Lagos on Tuesday. She said that the...
Read more

Local airlines battle flight delays amid operational challenges

The rise in flight delays and cancellations in Nigeria’s aviation sector has raised concerns among stakeholders, writes FELIX OLOYEDE The Nigerian airline industry has faced a consistent wave of operational turmoil, with a staggering 15,000 flight delays and a significant number of cancellations in 2024. This highlights the ongoing challenges plaguing airlines and airports in...
Read more

Analysts forecast easing inflation in April

Analysts have projected that inflationary pressure in Nigeria may ease in April, but warned that manufacturers are likely to experience a slowdown due to ongoing macroeconomic conditions. An economic and financial analyst, Rotimi Fakayejo, while speaking on recent economic developments, explained that although fuel prices increased slightly after the fasting period, the overall impact was...
Read more

HMO unveils diaspora health insurance

Health insurance organisation Ultimate Health has introduced a diaspora health insurance product aimed at expanding access to health in the country. In a statement on Sunday, the Managing Director/Chief Executive Officer of the firm, Lekan Ewenla, said the product enables Nigerians in the diaspora to provide health care for their dependants back home. Health insurance...
Read more

Katsina govt signs $500m investment deal with GENESIS Energy – Punch Newspapers

GENESIS Energy Holding, a UK-based Pan-African clean energy infrastructure development and asset management company, has announced signing a memorandum of understanding with the Katsina State Government for a $500m investment. According to a statement, this investment will enable the development, financing and execution of a series of major energy infrastructure projects across the state.  “The...
Read more

Lagosians spend N14tn to fuel generators yearly — LASG

Lagos State Commissioner for Energy and Mineral Resources, Biodun Ogunleye, says residents of Lagos State have spent an estimated N14tn to buy fuel for their power generators annually. Ogunleye said there are about 4.5 million power generators in Lagos homes and offices, and these generators consume about 16 billion litres of fuel annually. The commissioner...
Read more
1 468 469 470 471 472 829

Must Read

Popular Posts

I apologise for saying no heaven without tithe – Adeboye

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

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

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...