The Independent National Electoral Commission (INEC) said it will issue certificates of return to newly elected governors, deputy governors-elect and State Assembly members-elect from Wednesday to Friday. In a statement on Saturday, INEC National Commissioner, Festus Okoye said by the provisions of Section 72(1) of the Electoral Act 2022, the...
NEW YEAR SPEECH BY HIS EXCELLENCY, MUHAMMADU BUHARI, PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA 1ST JANUARY 2021 My fellow countrymen and women, First, I would like to thank and praise the Almighty who saw us through the year 2020 and has given us the opportunity to witness the start of another...
The Central Bank of Nigeria (CBN) has introduced substantial increases in the minimum capital base for banks, effective immediately. The recent policy shift, announced on Thursday, March 28, 2024, mandates a significant capital upgrade for banks operating at different authorization levels. Commercial banks with international authorization must now elevate their capital...
says it's a lot of money The House of Representatives has ordered an immediate investigation into debts totalling N2.6trillion allegedly owed the Federal Government by oil and gas companies operating in the country. A report by the Extractive Industries Transparency Initiative (NEITI) which contains the figure, said to be accruals...
Ondo State Governor, Arakunrin Oluwarotimi Akeredolu, SAN, has flagged off the National Youth Volunteer Programme for Hand Washing and Clean Nigeria Campaign in the sunshine state. The programme is expected to engage 1,800 youth volunteers in the state, drawing 100 from each of the 18 local government areas of the...
Ogun State Governor, Prince Dapo Abiodun, has called on the Federal Government to adopt Adire as an attire for national events and as a cultural symbol in the nation's foreign missions, to further promote the rich culture of the nation to the outside world. Governor Abiodun made the call at...
Directs Speedy Payments to Contractors Borno State Governor, Babagana Umara Zulum, has set a dateline of December 15, less than a month from now, for contractors to complete the state’s first flyover and three other major projects. The governor gave the deadline on Thursday evening, during an inspection in Maiduguri...
receives Ijebu monarchs' endorsement for second term Ogun State governor, Dapo Abiodun, has declared that his administration would continue to provide infrastructure capable of opening up and driving the economic development of the state, despite paucity of funds. Abiodun gave this declaration, on Monday, while speaking at the inauguration of...
Decries mismanagement, underutilization of Nigeria's public assets President Bola Ahmed Tinubu has hinted at plans by his administration to create millions of jobs by unlocking the value of Nigeria's vast public assets with a view to optimizing and doubling the country’s Gross Domestic Product (GDP). According to him, with economic...
The Nigerian Electricity Regulatory Commission (NERC) has said that in second quarter 2019, international customers owed Nigeria electricity bills totally N11.17billion. The commission’s second quarter report noted that in the period under review, the customers did not make any payment to the Nigerian Bulk Electricity Trading (NBET) Plc and Market...