Search Results for: Lagos

In a significant development for Nigeria’s economic landscape, Dr Doris uzoka Anite Minister of Trade industries and investments says Federal Government has secured a commitment of $30 billion in Foreign Direct Investments (FDIs). This milestone was announced by the Minister of Industry, Trade and Investment, Dr. Doris Uzoka-Anite, during a press briefing held in Abuja…

Transporters Face Mounting Operational Expenses Transportation operators in Nigeria find themselves at a crossroads as they grapple with surging operational costs, triggering concerns of an impending fuel scarcity. The Nigerian Association of Road Transport Owners (NARTO) has issued a stark warning, indicating that the industry could face a standstill as early as Monday. Alhaji Yusuf…

REMITA CEO/Managing Director Mr. Deremi Atanda, revealed startling figures regarding the platform’s contribution to the federation account from 2015 to 2022. According to Atanda, REMITA played a pivotal role in channeling a staggering total revenue of N34.311 trillion during this period. This revelation underscores the platform’s significance in revenue management within Nigeria. The breakdown of…

The Emir of Kano, during a recent engagement, implored the First Lady to convey the gravity of the situation to the President. Highlighting the escalating severity of the issue, the Emir emphasized that while hunger has been a longstanding challenge, its current magnitude demands urgent governmental attention. “The hunger and starvation in the land, though…

Senator Ali Ndume, speaking on Thursday, February 8th, vehemently denied accusations of harboring any animosity towards the Yoruba people amidst his critique of the Central Bank of Nigeria’s (CBN) decision to relocate certain departments to Lagos. He emphasized his familial ties to the Yoruba community, citing his two daughters’ marriages to Yoruba men, which have…

President Bola Tinubu, represented by his Chief of Staff, Femi Gbajabiamila, has underscored the urgent need for the regulation of social media platforms, citing their increasingly disruptive influence on society. Speaking at a recent event in Lagos, Tinubu emphasized the critical role of accurate information in shaping national policies and fostering development. He condemned the…

Former Minister of Power, Works, and Housing, Babatunde Fashola, recently voiced concerns over Nigeria’s current tenancy regulations, shedding light on critical issues impacting both tenants and landlords. Speaking at a notable event in Lagos, Babatunde Fashola emphasized the pressing need for a comprehensive reevaluation of these regulations, particularly focusing on the contentious issue of rent…