FG finally suspends import duty on essential food items
IN a bid to cushion the effect of the inflationary trend in Nigeria, the Federal Government through the Nigeria Customs Service, NCS has suspended import duties and taxes on some items to make them more affordable for Nigerians Disclosing this…
FG directs NNPC to sell crude to Dangote Refinery, others in naira
The Federal Government has instructed the Nigerian National Petroleum Company (NNPC) to sell crude oil to the Dangote Refinery exclusively in naira, in a bid to boost the local currency and promote domestic economic activities. Bayo Onanuga, the special adviser…
ELECTRICITY: NERC bars NBET from entering into new contracts
THE Nigerian Electricity Regulatory Commission, NERC, has barred the Nigeria Bulk Electricity Trading Plc from entering into new contracts for the bulk purchase and trading of electricity in the country. The Commission in an order, signed by its Chairman, Engr…
Federal Government unveils plan to create 4.4 million jobs
The Federal Government has unveiled plans to create 4.4 million jobs by implementing Nigeria’s National Strategy for Competitiveness in Raw Material and Product Development. This announcement was made by the Minister of Innovation, Science, and Technology, Chief Uche Geoffrey Nnaji,…
Davido’s dad offers employment to first-class engineering graduates
Nigerian billionaire and founder of Adeleke University, Adedeji Adeleke has extended employment opportunities to the university’s top engineering graduates. Adeleke, who is also the father of Nigerian singer, Davido, made this known during an announcement at the 10th undergraduate and…
Petroleum minister hosts crucial meeting with Dangote, NNPC, others
Nigeria’s Minister for State, Petroleum Resources (Oil), Heineken Lokpobiri, on Monday convened a high-level meeting with top executives from Dangote Group, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and the Nigerian…
Tinubu Addresses African Leaders, Highlights ECOWAS Achievements
He spoke in Accra, the Ghanaian capital on Sunday while presenting the achievements of ECOWAS in the past year at the Sixth Mid-Year Coordination Meeting of the African Union (AU), according to a statement from his spokesman Ajuri Ngelale. We…
Tinubu Government Amid Backlash Shifts 18 Years University
The President Bola Tinubu-led government has bowed to pressure from Nigerians against the government’s decision banning tertiary institutions in the country from admitting prospective students under the age of 18. The Minister of Education, Tahir Mamman, announced the reversal of…
Four more states set to join Lagos, FCT, on metro line train service
Plateau, Niger, Borno, and Osun states are among state governments that are geared to invest more and become major players in the railway sub-sector of transportation in Nigeria. They will be joining Lagos State, and the Federal Capital Territory (FCT)…
Transparency Issues Persist As Nigerian Oil Company NNPCL Fails To Release 2023
The NNPCL only released its 2022 financial statements in January 2024 after facing significant pressure. The Petroleum Industry Act mandates that the NNPCL, as a limited company, must undergo financial audits annually, in line with the Companies and Allied Matters…