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
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Churches, Hotels Blocking Power Projects Risk Demolition – Reps
The House of Representatives Committee on Public Assets has said that churches, hotels, private residences and state government buildings erected along Federal Government transmission routes are blocking the completion of power projects
ICPC Says Fake Agency Boss Forged Gbajabiamila’s Signature To Obtain N30.8bn
The self-acclaimed Director-General of the fake Presidential Foreign Intervention Promotion Council (PFIPC), Prince Matthew Adeniyi Adeyemi, allegedly forged a letter purportedly signed by the Chief of Staff to the President, Femi Gbajabiamila,
NBA Seeks Removal Of CJN As NJC Chairman
The Nigerian Bar Association (NBA) has proposed reforms to remove the Chief Justice of Nigeria (CJN) as the statutory Chairman of the National Judicial Council (NJC). It faulted the current composition of
Court Stops Uzodinma From Claiming APC Imo West Senatorial Ticket
A Federal High Court in Abuja has ordered Imo State Governor, Hope Uzodinma, to immediately stop presenting himself as the candidate of the All Progressives Congress (APC) for the Imo West Senatorial
NESG Unveils Accountability Index To Drive Real Reform For Nigerians
The Nigerian Economic Summit Group (NESG) has pledged five concrete commitments aimed at ensuring economic reforms translate into tangible benefits for Nigerians. The Chairman-designate of NESG, Mr. Boyede Olusanya, announced the commitments
Why Nigeria’s Energy Sector Is Struggling To Attract Lenders- Falade
Nigeria Liquefied Natural Gas Managing Director and Chief Executive Officer, Adeleye Falade, has said Nigeria’s failure to convert its vast oil and gas endowments into financed, producing assets is at the heart
N3.3Trn Debt, Weak Grid, Gas Shortages Crippling Nigeria’s Power Supply- Tegbe
The Minister of Power, Mr. Joseph Tegbe, has lamented that gas supply constraints, overstretched transmission infrastructure, distribution losses and N3.3 trillion legacy debts are crippling improved power supply to Nigerians. Tegbe said
Ex-Banker Jailed 39 Years Over N2.7bn Theft From NNPC, Lagos Rail, Kano Power Projects
A former banker, Christopher Jackson Edeh, has been jailed 39 years for stealing N2.7 billion belonging to NNPC Trading Limited, Kano State Government Power Intervention Fund and Lagos State Government Blue Line.
Niger Miners’ Deaths: Panel Indicts State NSCDC Commandant
An independent investigation panel has indicted the Niger State Commandant of the Nigeria Security and Civil Defence Corps (NSCDC), C.C. Zuberu Ali Ziyaka, over the deaths of 33 detainees, including 14 minors,
FG Reforms Yield Early Economic Gains- Bagudu
Nigeria’s economy is showing early signs of stability as reforms begin to take hold, the Federal Government has said. Minister of Budget and Economic Planning, Senator Abubakar Bagudu, who spoke at the
