President Muhammadu Buhari has approved N161 billion for the 2019 Tertiary Education Trust Fund (TETFund) intervention activities in Nigerian universities, polytechnics and colleges of education. The Executive Secretary, TETFund, Dr Abdullahi Baffa, made the disclosure in Abuja yesterday at a news conference with journalists. Baffa explained that the approval of TETFund 2018 Intervention Guidelines of […]
The founder of Afe Babalola University, Ado Ekiti(ABUAD), Chief Afe Babalola(SAN), has decried the poor funding of public universities, saying this accounts for the despicable condition of university education in the country. Babalola said the Federal Government has consistently underfunded the education sector, with government allocating only seven percent of the national budget to education. […]
Super Eagles Captain, John Obi Mikel yesterday revealed that he has cancelled his contract with Chinese Super League club, Tianjin Teda, a year before the end of his current deal. MIkel did not travel with Tianjin Teda for a pre-season training camp in Spain, as he is negotiating with the club to break his contract. […]
The Minister of Transportation, Mr Rotimi Amaechi has directed CCECC, the contractor handling the Lagos-Ibadan rail project, to complete the Iju-Agbado section of the project in two weeks. The minister gave the directive on Thursday while inspecting the ongoing Lagos-Ibadan rail project from Lagos-Abeokuta and Ibadan sections. He wanted the Chinese firm to speed up […]
Former world number one Maria Sharapova’s Australian Open preparations suffered a blow after a thigh injury forced her to retire from the Shenzhen Open quarter-final clash against Aryna Sabalenka on Friday. Sharapova struggled to move on court and conceded the opening set 6-1, with coach Thomas Hogstedt urging the Russian to take her game to […]
Oil cargoes departing from Nigeria to the United States fell to 103,000 bpd in December, down by 48,000 bpd, new data show. Generally exports by OPEC nations to the US fell to 1.63 million barrels per day (bpd), down from 1.80 million bpd in November and 1.78 million bpd in October. Saudi Arabia, the biggest […]
The Federal Airports Authority of Nigeria has incurred public wrath over an announcement on the impending change of the Yellow card issued to Nigerian travelers. In a notification on Twiiter, FAAN said “All old yellow cards will be invalid from April 1st 2019” and urged Nigerians to get a new e-Yellow card by following the […]
Nigeria is to lose about 226,300,000 million barrels of oil production in 2019, representing about 27 per cent of its current year’s target. The loss is sequel to the Organisation of Petroleum Exporting Countries (OPEC) decision to cut the country’s production quota from January 1, 2019. According to an arrangement by the oil cartel, OPEC […]
The cut in the nation’s oil production quota by the Organisation of Petroleum Exporting Countries has twinned with the recent decline in prices to pose risks to the proposed 2019 budget, The Punch writes that the Nigerian economy is facing a double whammy of the drop in global oil prices and a reduction in the […]
OPEC crude cargoes leaving for the United States in December dropped to the lowest level in at least five years, data from Refinitiv Eikon and market intelligence firm Kpler show. Oil cargoes departing from OPEC nations to the United States fell to 1.63 million barrels per day (bpd) last month, down from 1.80 million bpd […]