Ikeja Electric Plc (IE), Nigeria’s biggest Electricity Distribution Company has been adjudged the 2020 Philanthropic Electricity Distribution Company of the Year, at an Award Ceremony organized by CSR Reporters, a specialized news publication with concentration on how organizations and well-meaning individuals are giving back to the society. According to the organizers, the award was given […]
Month: November 2020
FG seeks apology from UK over claim that Gowon looted central bank
The federal government has demanded an apology from the British government over the “unsubstantiated” claim by a member of its parliament that Yakubu Gowon, Nigeria’s former head of state, looted public treasury. Ferdinand Nwonye, spokesman of the ministry of foreign affairs, in a statement on Friday, said Nigeria has also demanded that the statement be […]
Nigeria asks OPEC to review repercussions of output strategy
Nigeria is the latest OPEC member to urge the producer group to consider the economic implications of steep production cuts on its members ahead of the OPEC+ formal meeting next week. “On the peculiar challenges facing the country amid its large population and immense deficit in infrastructure, the president [Muhammadu Buhari] urged OPEC to consider […]
Buhari to roll out auto-gas scheme for cars in December
President Muhammadu Buhari will on December 1 roll out the auto-gas scheme in Abuja as the Federal Government moves to create alternative fuel for automobiles and other prime movers in Nigeria. The News Agency of Nigeria (NAN) reports that Mohammed Ibrahim, Chairman, National Gas Expansion Programme (NGEP), made the announcement at a meeting with media […]
How to overcome water challenges in agriculture
FAO’s The State of Food and Agriculture (SOFA) 2020 takes a new look at water shortages and scarcity in the world More than three billion people live in agricultural areas with high to very high levels of water shortages and scarcity, and almost half of them face severe constraints. Furthermore, available freshwater resources per person […]
JV oil assets suffer as NNPC slashes funding
The nation’s oil and gas assets being developed through joint ventures between the Nigerian National Petroleum Corporation and private firms are suffering funding shortfall as cash call payment by the NNPC has hit a record low. Amid the coronavirus-induced sharp drop in its revenues, the Federal Government, through the NNPC, reduced its spending on the […]
FG receives repatriated 600-year-old Ife artefact
The Federal Government has received the repatriated Ife Terracotta from the Minister of Foreign Affairs, Geoffrey Onyeama, in the company of the Ambassador of the Kingdom of the Netherlands to Nigeria, Harry van Dijk. While receiving the artifact in his office in Abuja on Thursday, the Minister of Information and Culture, Lai Mohammed, said the […]
Regional Experts Meeting on Telecommunications, ICT and Post for the Digital Transformation Process begins
The preparatory experts’ deliberations for the 17th Meeting of ECOWAS Ministers in charge of Telecommunication/Information and Communication Technology (ICT) and Post, commenced virtually on the 23rd of November, 2020. Among others, the meeting is considering for eventual adoption, the draft regional instruments prepared by the ECOWAS Commission in support of the regional transformation process towards […]
Presidency rejects Ecological Fund bill
The Presidency has expressed its opposition to a bill in the House of Representatives seeking to regulate the Ecological Fund. The Secretary to the Government of the Federation, Boss Mustapha, especially stated that the proposed law would either clash with or duplicate the existing ones. Mustapha warned that the bill, if passed into law, would […]
Nigeria’s land borders to be reopened soon, says minister
The nation’s land borders that have been closed since August 2019 may be reopened soon. The Minister of Finance, Budget and National Planning, Zainab Ahmed, gave this indication during an interview with State House correspondents on Wednesday. Ahmed said the presidential committee set up on the matter has completed its job and has recommended the […]