President Bola Ahmed Tinubu has signed an Executive Order on oil and gas reforms to position Nigeria as the preferred investment destination for the Oil & gas sector in Africa. This was made known on Wednesday in a statement signed by the President’s Spokesperson, Ajuri Ngelale. Ngelale disclosed that the President has also initiated the … [Read more…]
The Minister of the Federal Capital Territory, Nyesom Wike, says his administration is currently working out a permanent solution to end open grazing in the FCT. Wike stated this while receiving the Belgium Ambassador to Nigeria, Pieter Leenknegt, at his office in Abuja. He explained that his administration is being very careful with handling the … [Read more…]
The Court Of Appeal in Abuja has affirmed Julius Abure as the Chairman of the Labour Party (LP). The Appellate Court also set aside the decision of the Federal Capital Territory (FCT) High Court which last year, restrained Abure and two others from parading themselves as national officers of the party. In the judgement delivered … [Read more…]
The Federal Government has said the United Arab Emirates, UAE, is yet to lift the visa ban imposed on Nigeria. It said this after reports emerged that the Emirati authorities after a successful outcome of discussions between President Bola Tinubu and President of the UAE, Sheikh Mohammed bin Zayed Al Nahyan, lifted the visa restriction on Nigerian travellers. Special Adviser … [Read more…]
Mining communities in Enugu State have expressed concerns over the frequent violation of their environmental safety and disregard for their health by coal miners operating in their areas. According to a statement made available to Pacesetter, the communities, while lamenting that their sources of drinking water and livelihoods have been contaminated by mining activities, appealed … [Read more…]
It was an emotional night when friends, captains of industry, family members, and associates gathered at the Eko Hotel in Lagos on Monday to pay their last respects to the late former Group Chief Executive Officer of Access Holdings Plc Herbert Wigwe. Wigwe died on February 9, 2024, in a helicopter crash in the United … [Read more…]
PRESS BRIEFING BY THE HONOURABLE MINISTER OF INNOVATION, SCIENCE AND TECHNOLOGY, CHIEF UCHE .G. NNAJI, ON THE TECHNOLOGY AND INNOVATION EXPO 2024, FROM MONDAY, 11TH – FRIDAY, 15TH MARCH AT THE EAGLE SQUARE, ABUJA PROTOCOL Gentlemen of the Press, thank you for attending our event. It gives me great pleasure to speak to you about … [Read more…]
At last Nigerians will heave a sigh of relief after a long wait as the United Arab Emirates (UAE) has said it will resume visa services for Nigerians, which is a significant step in strengthening bilateral ties between the Arab country and Nigeria. According to the UAE authorities, the resumption was effective from March 4, … [Read more…]
Human rights lawyer Femi Falana (SAN) wants the Federal Government to review the fuel subsidy removal policy owing to claims that Nigeria is still paying for it. President Bola Tinubu had on his inauguration declared an end to the subsidy era, triggering a hike in the prices of petroleum across the country. But in recent … [Read more…]
Efforts by the Federal Government to curb the rising inflation will lead to N5 trillion cash mop up from the banking industry as the Central Bank of Nigeria, CBN implements the hike in banks’ Cash Reserve Ratio, CRR to 45 per cent. The CRR which represents banks’ cash reserves for purposes of meeting cash obligations … [Read more…]
A former Minister of Power, Prof Barth Nnaji, has said that the newly inaugurated 181 megawatts power plant in Aba, Abia State can be reproduced in Lagos and other states of the country. Nnaji, who is The Chief Executive Officer of Geometric Power Limited, the owners of the Aba power plant, said that replicating the … [Read more…]
Nigeria’s President, Bola Tinubu, yesterday, said he received with deep sadness the news of the passing of two of Nigeria’s ace comic actors, John Okafor, famously known as Mr. Ibu, and Tolani Quadri Oyebamiji, popularly known as Sisi Quadri. President Tinubu in a statement by his Special Adviser on Media and Publicity, Chief Ajuri Ngelale … [Read more…]