The Power Struggle: Can Adelabu Fix Nigeria’s Energy Crisis?
With the energy sector sputtering with insufficient power generation, crumbling infrastructure, and a deeply entrenched energy poverty crisis, Nigerians stand at a crossroads
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The Tumbling of Naira Value
The naira exchanges for about N1,400 to a dollar in the parallel market as of now and has been on a downward slide against major world currencies in the past months. Although President Bola Tinubu’s administration upon inception floated the currency, not much has changed, a development Utomi maintains was partly due to wrong moves by Nigeria’s apex bank.
Nigeria, UK To Sign Enhanced Trade Investment Partnership Agreement on Tuesday
Governments of Nigeria and the United Kingdom will, on Tuesday, sign the Enhanced Trade Investment Partnership (ETIP) Agreement to not just boost its trade volume but also reduce market access and regulatory barriers discouraging people from investing in either of both nations. The ETIP, which is just a step below the Free Trade Agreement between both nations, is the first-of-its-kind partnership between the two nations. The agreement would be signed by Nigerian Minister for Trade and Investment, Dr. Doris Uzoka-Anite and UK Minister for Business and Trade, Kemi Badenoch, as part of the latter’s maiden visit to Nigeria since assumption of office in the UK parliament. At a reception for Badenoch last night at Eko Atlantic City, Lagos by Uzoka-Anite, Badenoch said the UK government was determined to help Nigeria reduce her trade deficit by increasing exportation.
NNPCL, CBN Set Limit For Oil Revenue Management
The limit was set following a meeting between the CBN Governor, Olayemi Cardoso, and the NNPCL Group Chief Executive Officer, Mele Kyari, in Abuja. This was disclosed in a statement jointly signed on Thursday by the NNPCL spokesman, Olufemi Soneye, and his CBN counterpart, Hakama Sidi Ali.
Three Newly Elected Senators Sworn in by Akpabio
The Senate President, Godswill Akpabio, on Tuesday, presided over the swearing-in of three newly elected senators. Those sworn in during the plenary were Professor Anthony Okorie (All Progressives Congress, Ebonyi South), Mustapha Musa (All Progressives Congress, Yobe East), and Prince Pam Mwadkon (Action Democratic Party, Plateau North) On the ground to administer the oath of office was the Clerk of the Senate, Mr. Chinedu Akubueze at about 11:41 am. After their swearing-in, the new lawmakers were thereafter led to their respective seats.
Why FG Orders Stoppage Of Work At Eleme End Of East-West Road
The Minister of Works, David Umahi, has ordered an immediate halt to the ongoing construction work on the Eleme portion of the East-West route in Rivers State due to suspected harsh and sharp tactics by the project’s contractor.
GOD CROWNED ME GOVERNOR, HE MAKES NO MISTAKES – GOV. FUBARA
..Charges Rivers people to embrace peace for development
Governor of Rivers State, Sir Siminalayi Fubara says the battles against his tenure as governor had been fierce but that God, who rules in the affairs of men, has saddled him with the responsibility of steering the affairs of the State as its governor.
FG expresses concern over Niger, Mali, Burkina Faso’s withdrawal from ECOWAS
The Federal Government has expressed its sadness over the pronouncement by the military authority in the Republic of Niger indicating that the Republics of Burkina Faso, Mali and Niger have withdrawn membership of their countries from the Economic Community of West African States (ECOWAS). Read More