The National Automotive Design and Development Council, on Monday, introduced a locally assembled electric car to members of the House of Representatives Committee on Public Accounts. The unveiling was done on the premises of the National Assembly Complex, Abuja. The committee had held an investigative hearing on audit queries issued by the Office of the […]
Month: March 2021
Nigeria Receives First Batch Of COVID-19 Vaccines
The NAFDAC-approved Oxford-AstraZeneca vaccines arrived at the Nnamdi Azikiwe International Airport, Abuja, around noon on Tuesday, via an Emirates airline. Chairman of the Presidential Task Force (PTF) on COVID-19, Boss Mustapha, had said on Saturday that Nigeria will receive its first tranche of about 4 million doses of the coronavirus vaccines. On the ground to […]
IMF Executive Board Concludes Regional Consultation with West African Economic and Monetary Union
….After almost a decade of strong growth, the WAEMU region is facing a triple crisis impacting health, the economy, and security. …… For 2021, growth is projected at 5.4 percent, mostly driven by a rebound in private consumption and private investment, reflecting the relaxation of lockdown constraints and the return of foreign direct investment, but […]
Buhari Declares Zamfara ‘No-Fly Zone’, Bans Mining Activities
President Muhammadu Buhari has declared Zamfara a ‘no-fly zone’ and banned all mining activities in the state. The National Security Adviser, Major General Babagana Monguno (rtd), who announced this on Tuesday in Abuja, explained that it was part of measures to tackle the security challenges witnessed in the north-western state. He made the disclosure to […]
External reserves drop by $1.1bn in one month
External reserves dropped by $1.1bn in February, according to statistics obtained from the Central Bank of Nigeria on Monday. The reserves which stood at $36.19bn as of February 1 fell to $35.09bn as of February 26. The Central Bank Governor, Godwin Emefiele, had recently said Nigeria’s external reserves at $35bn was sufficient to finance the […]
NBC jams Radio Biafra signal in Lagos, asks DSS to arrest operators
The National Broadcasting Commission (NBC) says it has jammed the signals of a station “claiming to be Radio Biafra”, and broadcasting in “many parts of Lagos”. In a statement issued on Monday, the commission said it has also requested the Department of State Services (DSS) and the Nigeria police force to arrest the operators of […]
Petrol scarcity strategy to increase price, marketers lament
The queues by motorists for petrol grew worse in Abuja and neighbouring states of Nasarawa and Niger on Monday as only few filling stations dispensed the commodity. But despite the scarcity and queues, which had lingered for several days, the Nigerian National Petroleum Corporation insisted on Monday that it had enough product to keep the […]
ACI Names Nnamdi Azikiwe International Airport Best Airport In Africa
By Foster Obi The Airport Council International (ACI) World has awarded Nnamdi Azikiwe International Airport Abuja the Airport Service Quality (ASQ) Award 2020 based on customers judgment as the Best Airport by Size and Region (5 to 15 million passengers per year in Africa). A press statement signed by Henrietta Yakubu, General Manager, Corporate Affairs […]
Peter Obi calls for Functional Regional Security to Combat Insecurity
The former vice presidential candidate of the Peoples Democratic Party (PDP) and ex-Anambra State Governor, Peter Obi, has asked the Federal Government to allow states to operate their regional security system. Speaking during an interview on Channels Television’s Newsnight, Obi said the move would help curb the myriads of security challenges the country faces. “Allow […]
Lagos court fines 172 arrested at Cubana nightclub N6.8m
A mobile court sitting at the Lagos State Task Force on Environmental and Special Offences Enforcement Unit in Oshodi has convicted 172 persons arrested by the state police command for violating COVID-19 protocols. The state police command said on Monday that the presiding judge ordered each of the 172 violators to pay a fine of […]