Dave Umahi Minister of Work has issued a stern ultimatum to construction companies tasked with the monumental project of rehabilitating the Abuja-Lokoja-Benin highway. Minister of Works, David Umahi, announced that a new contract worth N870 billion has been drafted to replace the expired one under the Nigerian National Petroleum Corporation (NNPCL) Tax Credit Scheme. The…
PetroChina, a Chinese state-owned energy enterprise, finds itself entangled in payment complexities, resulting in a month-long delay in unloading a shipment of U.S. crude oil at the Dangote refinery in Nigeria. This delay, highlighted by reports from four trading sources and shipping data, underscores the hurdles confronting the $20 billion Dangote refinery, supported by Africa’s…
Renowned economist Musa Audu Abubakar has sounded the alarm regarding alleged unlawful activities taking place at the Free Trade Zone of the Nigerian Export Processing Zone Authority (NEPZA) in Kano State. These activities, as claimed by Audu Abubakar, have led to significant revenue losses for the federal government, potentially amounting to billions of Naira. According…
Despite Dana Air’s suspension of operations in July 2022, concerns raised by the Nigeria Civil Aviation Authority (NCAA) remain unaddressed, casting doubt on the airline’s commitment to safety. The regulatory body had indefinitely suspended Dana Air’s Air Transport Licence and Air Operator Certificate following a comprehensive financial and economic health assessment, citing the airline’s failure…
In a recent address, Ondo State Governor Lucky Aiyedatiwa underscored the need for strong collaboration between the federal and state governments to drive economic growth nationwide. He emphasized that a unified effort is crucial for fostering an environment conducive to sustainable development across all sectors. The Governor Lucky Aiyedatiwa’s call resonates with the growing recognition…
118 inmates seized the opportunity to flee the Medium Security Custodial Centre in Suleja, Niger state, as heavy rainfall wreaked havoc on the prison’s infrastructure. The Nigeria Correctional Service (NCoS) confirmed the mass escape, highlighting the vulnerability of the facility’s aged walls, which succumbed to the force of the downpour. Adamu Duza, the spokesperson for…
In a groundbreaking move that celebrates excellence and inspiration, the Ogun State Government has appointed Tunde Onakoya, the National Master of Chess and the current Guinness World Record holder for the longest chess marathon, as the Sports Ambassador of the state. This prestigious recognition highlights Onakoya’s exceptional achievements in the world of chess and his…
In a bid to foster transparency and accountability in Nigeria’s mining sector, the federal government has taken a decisive step to revoke 924 inactive mining licenses spanning exploration, mining, small-scale mining, and quarrying. The announcement was made by Mr. Dele Alake, the Minister of Solid Minerals Development, during a press conference held on Wednesday, marking…
The Economic and Financial Crimes Commission (EFCC) handed over 14 properties initially forfeited to the Federal Government to the government and people of Enugu State. The transfer ceremony, conducted by the Executive Chairman of EFCC, Mr. Ola Olukoyede, took place at the commission’s corporate headquarters. Mr. Olukoyede, reflecting on the lengthy legal process dating back…
The Kaduna State Assembly set to scrutinise former Governor Nasir El-Rufai’s financial stewardship from 2015 to 2023 marks a crucial moment in the quest for governmental transparency and accountability. This investigative initiative reflects a growing trend across Nigerian states to hold public officials accountable for their actions and financial decisions. By delving into the financial…
