Nigeria’s Minister of Solid Minerals Development, Dr. Dele Alake has reaffirmed President Bola Tinubu’s commitment to repositioning the mining sector towards becoming a significant revenue earner for the country. A statement endorsed by the Minister’s Special Assistant on Media, Segun Tomori said the minister gave the president’s commitment while addressing Course 33 participants of the…
The Federal Government has allocated in excess of $75 million for the advancement of Compressed Natural Gas (CNG) infrastructure to foster cleaner and more sustainable energy across the nation. The Special Adviser to President Bola Tinubu on Energy, Olu Verheijen, made the announcement at the 18th OTL Africa Downstream Energy Week in Lagos. The theme…
The Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has put the country’s daily petrol consumption at between 45 million litres to 50 million litres. Its Chief Executive Officer, Mr Farouk Ahmed, disclosed this while speaking on the sideline of the ongoing 18th Africa Downstream Energy Week in Lagos. The 2024 OTL Africa Downstream Energy…
President Bola Tinubu has unveiled the four-year strategic plan on National Lottery Trust Fund to create opportunities for Nigerians and promote socio-economic development. Unveiling the Fund at the State House Conference Centre, Abuja, Tinubu said the aim is to empower Nigerian communities thereby generating gainful skills for citizens. Represented by the Secretary to the Government…
Nigeria’s House of Representatives is set to probe the abandonment of construction work at the Baro port in Niger State. It also urged the government to deploy technology-driven surveillance systems, such as drones and CCTV cameras, to monitor electricity transmission lines. This followed adoption of two separate motions sponsored by Kayode Ismail and Sani Umar…
The recent increase in the price of fuel has led to a rise in the cost of food items, causing hardship for Nigerians. This was the response of some sellers and consumers of food items in the Federal Capital Territory (FCT) who spoke to the News Agency of Nigeria on Wednesday in Abuja. NAN reports…
AFRICA’s richest oil giant, Nigeria, has suffered some 105 power grid collapses over the last 10 years with no solution to end the recurring decimal in sight, according to industry body, the Lagos Chamber of Commerce and Industry (LCCI). After a series of reforms in the power sector that led to the sale of the…
The minister said that President Bola Tinubu and leaders from the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) met on Thursday in Abuja and agreed on a new minimum wage. Idris, the minister, announced that the minimum wage will go from ₦62,000 to ₦70,000. This new amount will be submitted to the…
At the location of the 2024 Democracy Day celebration, President Bola Tinubu slipped on Wednesday while getting into the parade vehicle. The President had approached the vehicle shortly after he arrived at the Eagle Square, Abuja venue of the programme. It was observed that the President lost his footing momentarily as he was about to…
