MSME Loans – In line with President Tinubu’s commitment, the Office of the Vice President, in collaboration with BOI Nigeria, prepares for a groundbreaking initiative to disburse N75 billion in loans to MSMEs, fostering economic growth and job creation. The Federal Government and BOI Nigeria’s collaboration aims to provide accessible loans at a favorable 9…
The Islamic State of the West African Province (ISWAP) has once again inflicted damage on critical infrastructure, targeting a 330KVA high tension transmission line along the Maiduguri-Damaturu Highway. The recent incident, occurring at approximately 0700 hours on December 28, 2023, took place between Yanayakiri and Garin Kuturu in the Jakana general area. This assault has…
Riverside LNG Groundbreaking Gas Supply Deal with South Africa – A prominent energy player based in Nigeria, has announced groundbreaking talks to supply liquefied natural gas (LNG) to South Africa. This potential deal marks a historic collaboration between the two nations and comes on the heels of Riverside LNG’s earlier partnership agreement with Johannes Schuetze…
The Nigeria Governors Forum (NGF) Secretariat in Abuja finds itself embroiled in controversy as internal strife over alleged financial malpractice has come to the fore. This turmoil has erupted into a public spat between high-ranking officials within the NGF, casting a shadow over its operations and integrity. In a bold move, Abdulrazaque Bello-Barkindo, the NGF…
In a shocking revelation, former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, is under scrutiny for allegedly illegally depositing billions of naira in 593 bank accounts across the United States, United Kingdom, and China. These investments were reportedly made without the necessary approvals from the apex bank’s board of directors and the CBN Investment…
The House of Representatives has taken a significant step in investigating the suspended Nigeria Air project by summoning Hadi Sirika, the former Minister of Aviation. This move follows mounting controversies and allegations surrounding the ambitious aviation initiative. The lawmakers aim to gain a comprehensive understanding of the project’s status before Sirika left office and the…
The long-anticipated revival of the Port Harcourt Refinery in Rivers State has finally come to fruition, as it resumes operations with a combined capacity of 210,000 barrels per day. This achievement aligns with the Federal Government’s commitment, spearheaded by President Bola Tinubu, to bolster Nigeria’s energy independence and self-sufficiency in refined products. The announcement, made…
President Tinubu has unveiled a game-changing initiative to slash travel expenses for Nigerians throughout the festive Yuletide season. Commencing on December 21st, 2023, and extending until January 4th, 2024, citizens will benefit from an extraordinary 50% reduction in bus travel costs, ushering in an era of unparalleled affordability for holiday journeys. This visionary decision not…
Local airlines, united under the Airlines Operators of Nigeria (AON), and manufacturers represented by the Manufacturers Association of Nigeria (MAN), are strategically positioning themselves to secure priority supplies of diesel and JetA1 from the anticipated Dangote Petrochemical Refinery. The collaboration aims to ensure that domestic carriers and local industries receive favorable consideration for these critical…
Minister of Budget and Economic Planning, Sen. Abubakar Atiku Bagudu CON, opened his doors to a distinguished delegation from the Nigerian Academy of Science, led by the esteemed Prof. Ekanem Ikpi Braide. The meeting, held in the minister’s office, centered on crucial discussions about integrating science and technology planning into the national framework. This strategic…
