NYPF commends Enugu gov’t on Foreign Direct Investments, charges them to be more tax friendly to MSMEs

The Nigerian Young Professionals Forum, Enugu State, has urged the Enugu State Government to be more tax friendly to MSMEs in the State. According to a statement made available to Pacesetter, this was the submission of the forum at the just concluded Enugu Economic Development Summit and Heroes Award 2024 held at Bridgewaters Hotel in … [Read more…]

Lagos To Unveil 2000 CNG Buses Before December

The Lagos State Government has announced that 2,000 Compressed Natural Gas (CNG) buses will be rolled out before the end of the year. The State Commissioner for Transportation, Oluwaseun Osiyemi. made this known at the commencement of the 2024 ministerial briefing. Osiyemi said the state government has partnered with private operators on a Public-Private Partnership … [Read more…]

State Police: Security challenges gave rise to the decentralisation of Nigeria Police – Speaker Abbas

Rep. Tajudeen Abbas, the Speaker of the House of Representatives, has stated that the emerging challenges in the country have rendered the current unitary policing system under the Nigeria Police Force ineffective, leading to calls for its decentralization by way of having state police. Speaker Abbas also noted that the numerous security challenges have overstretched the current security architecture in Nigeria … [Read more…]

Convicted Cross Dresser Bobrisky Challenges Conviction, Files Notice Of Appeal

Controversial cross-dresser and socialite, Idris Olanrewaju Okuneye, popularly known as Bobrisky, has filed a notice of appeal challenging his conviction on a four-count charge of Naira abuse. In his Notice of Appeal filed by his lawyer, Bimbo Kusanu, Bobrisky is asking the court to set aside the six months imprisonment sentence imposed on him and … [Read more…]

NERC Transfers Regulatory Oversight of Enugu Electricity Market to Enugu State Govt

Following the Enugu State Electricity Law signed by Governor Peter Mbah and the recent constitution of the Enugu State Electricity Regulatory Commission, ESERC, by the Mbah Administration, the Nigerian Electricity Regulatory Commission (NERC) has, in a historic move, formerly transferred the regulatory oversight of the Enugu State electricity market to the state agency effective May … [Read more…]

Court Dismisses N8.5bn Alleged Fraud Against Ex-NIMASA DG

Justice Ayokunle Faji of the Federal High Court in Lagos, on Monday, discharged and acquitted the former Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Patrick Akpobolokemi, from alleged N8,537,586, 798.58 billion fraud case. Justice Faji cleared Akpobolokemi and an employee of NIMASA, Josphine Otuaga, of the 22-count charge of conspiracy, conversion, and … [Read more…]

IGP Egbetokun kicks against state-controlled police, says Nigeria not yet ripe for it

The Inspector General of Police, Olukayode Egbetokun, has opposed the establishment of State Police, saying the country was not ripe for it. Egbetokun stated this during a one-day dialogue on state policing, themed, ‘Pathways to Peace: Reimagining Policing in Nigeria’ on Monday. He stated that the establishment of state Police would exacerbate ethnic tension, leading … [Read more…]

FG Ready to Deploy First Set of CNG Vehicles in May to Mark Tinubu’s First Anniversary as President

The federal government has concluded plans to launch and deploy Compressed Natural Gas (CNG) vehicles for mass transit, starting this May, as part of activities marking President Bola Tinubu’s one year in office. Special Adviser to the President on Information and Strategy, Bayo Onanuga, disclosed this in a statement, yesterday. Onanuga said while considering buses and tricycles … [Read more…]

Enugu gov’t engaging investors, developers for electricity generation to drive economy – Gov Mbah

BREAKING NEWS: PDP’s Peter Mbah declared Enugu State Governor-Elect by INEC

Enugu State governor, Dr. Peter Mbah, has disclosed that his administration is already engaging investors and developers in the power sector to set up electricity generation plants that will drive the state to achieve its target $30 billion economy from the $4.4 billion it met the economy in May 2023. The governor, who spoke on … [Read more…]

VP Shettima to LOCCI Delegation: Naira Will Continue To Appreciate Against The Dollar

…Tasks Nigerians On Peaceful Coexistence Vice President Kashim Shettima has expressed optimism about the performance of Nigeria’s currency, the Naira, at the forex market, saying it will appreciate more as the dollar continues to crash. He said President Bola Ahmed Tinubu had to end fuel subsidy and ensure the unification of the multiple exchange rate … [Read more…]