Friends and family members have celebrated the appointment of Dr (Mrs) Ayegboyin Salimat Adebola and two others as Executive Secretaries in the civil service of Oyo State by Governor Seyi Makinde. She along with the two others, have since been given appointment letters. Dr Adegboyin has been posted to the State Universal Basic Education Board…
The demise of infrastructure companies (InfraCos), lack of commitment by some of the various government agencies tasked with driving the National Broadband Plan (NBP 2020-2025), delays in project approvals, asphyxiating tax regime and others may derail the ambitious targets of the plan, according to investigation. Nigeria’s broadband penetration rate has unexpectedly declined, casting doubt on…
The Minister of Communications, Innovation and Digital Economy, Bosun Tijani, has reiterated that the Federal Government would not allow telecoms companies to increase tariff by 100 per cent. For some years now, the telecoms companies have been asking for increase in tariff, citing rising operational cost, inflation and naira devaluation among others. Tijani, who was…
The Minister of Aviation and Aerospace Development, Mr Festus Keyamo, has urged global financiers to invest in the concession of Murtala Muhammed International Airport, Lagos, and Nnamdi Azikiwe International Airport, Abuja. The minister was speaking at the Airline Economics Growth Frontiers Global in Dublin, Ireland. Keyamo emphasised that the Federal Government has implemented streamlined policies…
The Nigerian Electricity Regulatory Commission (NERC) has completed the transfer of regulatory oversight to four states The states are Enugu, Ekiti, Ondo, and Imo that are now fully in charge of the regulation of their electricity markets. NERC made this known in its X handle yesterday, noting it has begun the transfer of regulatory oversight…
The Minister of State for Industry, Sen. John Uwan-Enoh, has said the politicisation of the cocoa industry has led to the under-development of the sector. Uwan-Enoh said in an interview with newsmen in Calabar on Monday, that the cocoa industry had remained under-developed despite the abundance of the cash crop. Talking about the case of…
In December 2024, Nigeria met the crude oil production quota of the Organization of Petroleum Exporting Countries (OPEC) by 98.97 per. The cartel’s average daily quota for the month under review was 1.5million barrels per (mb/d) of crude oil. However, the country’s output was 1.48mb/d of crude oil, 49,276bpd of blended condensed, and 133,699 unblended…
Telecom operators may have received the approval of the Nigerian Communications Commission (NCC) to disconnect some money deposit banks (DMBs) over their failure to comply with regulators’ directive to effect repayment of the N250billion that arose from the use of the Unstructured Supplementary Service Data (USSD), it was gathered on Monday. According to industry sources,…
The Federal Government has started the implementation of the 20 per cent increment in pensioners monthly take-home under the Defined Benefit Scheme (DBS), according to retirees’ welfare group, Nigeria Union of Pensioners (NUP). The union hailed President Bola Tinubu for the increment and the introduction of a minimum pension of ₦32,000 for retirees. The 20…
