Nigeria’s Debt Profile Hits N32.92trn
The National Bureau of Statistics (NBS),says public debt portfolio as at Dec. 31, 2020, stood at N32.92 trillion, the National Bureau of Statistics (NBS) reveals. The current debt profile was for the
Suggestions
Kebbi: Hisbah Raids Argungu Hotel, Detains 25 Suspects
Operatives of the Kebbi State Hisbah Board have arrested 25 youths in Argungu town over alleged involvement in immoral acts. The Director of Shariah, Sirajo Kamba, confirmed the arrests in a statement
Private Investment, Not Subsidies, Will Fix Power – REA Boss
The real transformation of Nigeria’s power sector will come from moving public funds away from subsidizing inefficiencies and channeling them into private investment, the Managing Director of the Rural Electrification Agency, REA,
REA, UNDP Unveil 23 Solar Mini-Grids To Boost Agric Clusters
Twenty-three newly deployed solar-powered mini-grids are already improving Nigeria’s food security, the Minister of Power, Chief Joseph Tegbe and the Rural Electrification Agency, REA, have said. At the media launch of the
AGGSOGA Re-elects Ajibola As Global President, Sets Growth Agenda
The Abeokuta Girls Grammar School Old Students’ Association, AGGSOGA, has re-elected Mrs. Elizabeth Olusolape Ajibola as Global President for a second four-year term. The new Global Executives were inaugurated yesterday at a
FG Demands Explanation Over Nigerian’s Death In Ivorian Prison
The Federal Government has summoned the Ivorian Ambassador to Nigeria over the death of a Nigerian citizen, Usama Murtala, after long detention in Côte d’Ivoire. Minister of Foreign Affairs, Ambassador Bianca Odumegwu-Ojukwu,
REA Inks 7MW MoU, Says Electricity Key To Driving Industrialization
The Rural Electrification Agency (REA) has signed a landmark Memorandum of Understanding (MoU) to deliver 7MW of power to seven agro-industrial clusters across Nigeria. The deal was signed at the Jigawa Investment
Dangote Slashes Petrol Price To N1,075/Litre
Dangote Petroleum Refinery has announced another N50 per litre cut in the ex-depot price of Premium Motor Spirit (PMS), its fourth reduction in a month. The current reduction brings the total PMS
Xenophobic Attacks: 271 Nigerians To Return From South Africa Friday
The Federal Government says 271 Nigerians will return from South Africa on Friday, July 3, due to recent xenophobic protests. According to the Ministry of Foreign Affairs, the evacuees will arrive at
N33.8bn Looting: FG Takes Over Ex- Power Minister Mamman’s Assets
A Federal High Court in Abuja on Thursday ordered the forfeiture of five properties linked to convicted former Minister of Power, Saleh Mamman, to the Federal Government. Justice James Omotosho gave the
Shell, Nine Banks Unveil $3 bn Contractor Support Fund
Shell Nigeria Exploration and Production Company Ltd (SNEPCo) has launched a $3 billion Contract Finance Facility to support Nigerian contractors working on its operations. The fund was unveiled in partnership with nine
