The former Minister of Power, Prof. Barth Nnaji, has alleged fuel suppliers and generator contractors are sabotaging efforts to ensure that Nigerians have consistent access to Electricity. Nnaji stated this during the South East Political Roundtable on Flo FM...
President Bola Tinubu has appointment new Chief Executive Officers for various agencies and parastatals under the Federal Ministry of Industry, Trade, and Investment.The Special Adviser to the President on Media & Publicity, Ajuri Ngelale announced this in a State...
The Nigerian Export Promotion Council (NEPC), says that improved export remains the solution to the free fall of the Naira to the dollar.The Executive-Director of NEPC, Dr Ezra Yakusak, said this at a news conference heralding the Council’s second...
The Nigerian Electricity Regulatory Commission, NERC, has directed customers to seek refund in form of ‘Energy Credit’, spanning a period of three years, from Electricity Distribution Companies, DISCOs, for prepaid meters purchased under the Meter Asset Provider (MAP) scheme.The...
A STORM OF INVESTMENT worth tens of billions of dollars is heading to Nigeria, states Ngelale from India, after Tinubu closes 14 billion dollar worth of investment deals on his FIRST DAY in India, with Tinubu yet to speak...
Aviation unions under the Nigeria Labour Congress (NLC) have opted out of the two-day warning strike called by their parent body.The leadership of the unions say the reason for their opt-out is their unwillingness to jeopardise the industry’s safety...
Abdul Samad Rabiu, chairman of BUA Group, says his company is working towards reducing the price of cement. The planned price reduction, he said, is in a bid to support the economic plans of the federal government. Dave Umahi,...
Despite tough reforms taken by the Nigerian government to fix its financial situation, Naira has emerged as the worst performing African currency in three months and is even missing in the list of the top ten foreign currencies in...
The Governor of Edo State Governor, Godwin Obaseki has said he is shocked and scared of the Federal Government’s inability to plan and effectively respond to the fuel subsidy removal policy that has further improvised Nigerians, inflicting hardship and...
The Minister of Budget and Economic Plannig, Atiku Bagudu, says the present administration will strive to achieve double digit economic growth.Bagudu said this in his maiden address on assumption of office on Tuesday in Abuja.According to him, double digit...
