Federal Government
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The Federal Government has declared that it would withdraw the operating licences of power distribution companies that were intentionally not supplying electricity to consumers across the country, leading to widespread blackouts in Nigeria. It stated that despite efforts by the Federal Ministry of Power and electricity generating companies, some Discos were not distributing the power […]
President Bola Tinubu has arrived in Abuja, the nation’s capital, after a two-day official visit to Qatar. Tinubu arrived on Monday evening and was received by Vice-President Kashim Shettima and other top government officials at the Nnamdi Azikwe Internationa Airport, Abuja. Other government officials who welcomed the president included Femi Gbajabiamila, Tinubu’s chief of staff […]
President Bola Tinubu on Sunday in Doha Qatar, vowed to deal with anyone who asks for bribes to undermine investors confidence in the country. The president assured the international business community that Nigeria is ready for serious business as his administration will deal decisively with any and all entrenched interests in the country who undermine […]
Nigeria’s Lagos State opened a second light-rail line to ease gridlock in the nation’s commercial hub and most populous city that’s notorious for traffic jams. President Bola Tinubu on Thursday inaugurated the 37-kilometer (23-mile) Red Line, which stretches from the northern suburb of Agbado down to the coastal area of Oyingbo, near the city’s central business district […]
The Federal Government says it will give more attention to fixing roads and seek some remedies on the cost of gas and import duties to bring down the astronomical price of cement nationwide. This is part of the communiqué issued during a meeting between the government and the major cement manufacturers on Monday in Abuja. […]
Nigeria’s inflation rate climbed to 29.90 per cent in January 2024 from 28.92 per cent recorded in the previous month. The 0.98 per cent increase shows that the inflation rate in the country is yet to slow down. The National Bureau of Statistics revealed this in its ‘Consumer Price Index published on Thursday. The development […]
Oil marketers raised anxieties recently, expressing fear that the Naira’s depreciation against the dollar (currently around N1,450/USD) could translate to higher pump prices for petrol. They questioned how the Nigerian National Petroleum Company Limited (NNPCL) could maintain current subsidized fuel costs with increasing import costs. However, at an event in Abuja, the Minister of State […]
Frustrations are bubbling over at the pump again, with independent petroleum marketers under the Independent Petroleum Marketers Association of Nigeria (IPMAN) accusing the Nigerian National Petroleum Company Limited (NNPCL) of causing delays in fuel supply. The result? Boycotts of NNPCL and forced reliance on pricier private depots, pushing pump prices up and squeezing wallets across […]
The Nigerian Ministry of Education has announced that it has withdrawn recognition for 18 foreign universities operating within the country. These institutions are no longer considered to meet the necessary standards for quality education and accredited degrees. The Ministry urges Nigerian citizens to exercise caution when considering international educational options. It is recommended to verify […]
In a significant move, the Nigerian Federal Government has announced the suspension of evaluating and accrediting degree certificates issued by institutions in Benin Republic and Togo. This drastic step, effective immediately, comes as authorities launch a combined investigation to address concerns about the validity and credibility of these qualifications. The Ministry of Education issued a […]
