Month: January 2022

Buhari Direct Security Agencies to Leverage 5G Technology to Fight Insecurity

President Muhammadu Buhari on Tuesday in Abuja directed all the security institutions to immediately leverage Fifth Generation (5G) technology, when deployed, to enhance security in the country. Launching the National Policy on 5G for Nigeria’s Digital Economy, the President said the Federal Government will take full advantage of the opportunities that 5G provides for the…

Idumota Clash: Lagos Govt. Suspends NURTW Activities on Lagos Island Indefinitely

The Lagos State Government has suspended the activities of the National Union of Road Transport Workers indefinitely on Lagos Island. Special Adviser to the governor on transportation, Oluwatoyin Fayinka announced the suspension. The action is coming barely 24 hours after the threat by the National President of the Union, Ibikunle Baruwa, that the operations of…

EFCC Re-arraigns Fani-Kayode, Usman, Two Others for Alleged N1.5bn Fraud in Lagos

The Economic and Financial Crimes Commission, EFCC, on Monday, January 24, 2022, re-arraigned Femi Fani-Kayode, a former Minister of Aviation; Nenadi Esther Usman, a former Minister of Finance; Yusuf Danjuma, a former National Chairman of the Association of Local Government of Nigeria (ALGON) and a company, Joint-Trust Dimensions Nigeria Limited. They were re-arraigned before Justice…

Fuel Subsidy Removal, Government Still In Discussion – Finance Minister

The Minister of Finance, Budget and Economic Planning, Mrs. Zainab Ahmed, has recently in Abuja said that the Federal Government is still in consultation with various stakeholders on the need to end fuel subsidy. Mrs. Ahmed said this during an interaction with the Senate President, Mr. Ahmed Lawan, Honourable Minister of State Petroleum, Timipriye Sylva,…

Afegbua to Atiku: You Are Not Destined To Be President

Former Edo State Commissioner for Information, Prince Kassim Afegbua on Monday dismissed insinuations from some quarters that he had anything personal against Alhaji Atiku Abubakar. “Following my interrogation of Alhaji Atiku Abubakar’s presidential aspiration and the urgent need to cede the nomination of the PDP ticket to the Southern part of Nigeria, the alarm bells…

Ardova Plc Commends Stanbic IBTC’s Support for LPG Storage Project

AP LPG terminal, a fully owned subsidiary of Ardova PLC, on Wednesday, 19 January 2022, performed the groundbreaking ceremony for the construction of a 20,000 metric tonne Liquified Petroleum Gas (LPG) storage terminal at the project site in Ijora, Lagos. The ceremony signified the official commencement of construction activities which is expected to be completed…

Lagos Pays N81m Insurance Benefits to 16 Deceased Families

The Lagos State Government on Friday presented insurance benefits worth N81,423,214.14 to sixteen families of deceased civil servants who died between years 2020 and 2021 while in service. Presenting the cheques to beneficiaries, the Hon. Commissioner for Finance, Dr. Rabiu Olowo, represented by the Permanent Secretary, Ministry of Finance, Mr. Temitope Hundogan, stated that the…

AfDB: Dangote’s Petrochemicals, Fertiliser Plant Will Accelerate Africa’s Economic Growth

President of the African Development Bank (AfDB), Akinwumi Adesina has described Dangote Refinery and Fertiliser projects as the best industrialised project to happen to Africa. He said these projects, which are far beyond the expectation of his team and himself, would positively affect the economic growth and development of not only Nigeria but Africa as…