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Nigeria Grid Collapses: Manufacturers Seek Lasting Solutions

The Industrial Revolution Working Group is actively working on a lasting solution to Nigeria’s persistent energy instability, following three national grid collapses in less than 30 days, according to the Manufacturers Association of Nigeria. The President of the Manufacturers Association of Nigeria, Mr Francis Meshioye, told The PUNCH during a media luncheon held in Lagos...
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FG budgets N7bn for Aso Villa solar power project

The Federal Government has earmarked N7bn for the ongoing solarisation of the Presidential Villa, Abuja, in a bid to address Nigeria’s persistent power supply challenges, The PUNCH reports. The allocation is contained in the 2026 Appropriation Bill submitted to the National Assembly in December, a copy of which was obtained by our correspondent. According to...
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CBN seeks long-term capital for Nigeria’s financial reforms

The Governor of the Central Bank of Nigeria, Mr Olayemi Cardoso, has said Nigeria’s financial sector reforms depend largely on sustained access to long-term capital from development finance institutions. Cardoso stated this on Wednesday in Abuja while hosting a delegation from British International Investment, led by its Chair, Ms Diana Layfield, alongside the British High...
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Dangote Refinery Increases Petrol Price by N100 Per Litre

Petroleum marketers lifting Premium Motor Spirit (petrol) from the Dangote Petroleum Refinery are now required to pay an additional N100 per litre to pick up petrol for which payments had already been processed, following the sudden upward review of the refinery’s ex-depot price. Findings by The PUNCH showed that marketers who completed payment and processed...
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NUPRC Remits Record N8.5tn, Tops Revenue Agencies in 2025

The Nigerian Upstream Petroleum Regulatory Commission has remitted a record N8.503tn revenue to the Federation Account jointly run by the federal, state, and local governments, between January and December 2025, The PUNCH reports. The amount represented a 17 per cent increase over the N7.265tn remitted in 2024 and emerged as the highest contribution by any...
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Nigeria Opens 50 Oil Blocks for 2025 Licensing Round

The Nigerian Upstream Petroleum Regulatory Commission has opened 50 oil and gas blocks across five sedimentary basins for bidding and exploration in the 2025 licensing round, warning that only technically competent and financially strong firms will be allowed to scale through the process. The commission said the exercise is designed to eliminate speculative participation and...
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Kogi partners with telcos on telecom infrastructure

The Kogi State Government has taken decisive steps to address recurring disputes with telecommunication companies over the laying of fibre-optic cables and the protection of telecom infrastructure across the state. To resolve the issues and prevent future confrontations, the State Commissioner for Works, Mohammed Yusuf, who also chairs the Government’s Infrastructure Team, on Wednesday convened...
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PenCom pays N8.70bn in arrears to 2,116 NSITF retirees

The National Pension Commission has approved an upward review of pensions for 2,116 retirees under the Nigeria Social Insurance Trust Fund, increasing their total monthly pension payments from N12.56m to N159.95m. In a statement on Wednesday, PenCom said that the upward review translated to an unprecedented 1,173 per cent enhancement in the total monthly payout...
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NCC Reports Improved Telecom Network Quality in Q4 2025

The Nigerian Communications Commission on Wednesday said its Q4 2025 industry performance data shows measurable improvements in network quality and service delivery across the country, as the regulator deepened efforts to promote transparency and accountability in the telecommunications sector. At the virtual media engagement held to present the Q4 2025 Industry Performance Reports, the commission...
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Unions Reject Enugu Airport Concession, Threaten Strike

Aviation workers’ unions have rejected the Federal Government’s concession of the Enugu airport, describing the process as insensitive, opaque, and exclusionary, warning that industrial action may follow if the decision is not reversed. The unions—the Air Transport Services Senior Staff Association of Nigeria, the National Union of Air Transport Employees, and the Association of Nigeria...
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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...