Poor power supply: We’re reviewing GenCos, DisCos licences – FG

The Federal Government has disclosed that it is monitoring and reviewing the operational licences of electricity generation (GenCos) and distribution companies (DisCos) following poor service delivery in the sector. The power sector was partially privatized in November 2013 with the government handing over the ownership of the DisCos and a large number of GenCos to […]

Continue Reading

Ondo residents back to firewood, charcoal as cooking gas price soars

Most residents of Okitipupa Local Government Area of Ondo State have resorted to the use of firewood and charcoals for cooking. This follows the hike in prices of Liquefied Petroleum Gas (LPG), also known as cooking gas. Cooking gas which has been embraced by a larger percentage of Nigerians rose from its former price of […]

Continue Reading

Seme border closure cripples Nigerian economy, a disservice to South West — Gani Adams

The Aare Onakakanfo of Yoruba land, Iba Gani Adams, yesterday, tackled the Federal Government over the continued closure of the Seme border saying it is a disservice to the South West. He also expressed worry over the worsening insecurity in the country, saying there is need to decentralize the country’s security architecture. Speaking at the […]

Continue Reading

Fayemi inaugurates 5-megawatt power project to combat power shortage in Ekiti

Ekiti State Governor Kayode Fayemi has inaugurated a 5-Megawatt Independent Power Project (IPP) in Ekiti, as a way of addressing the shortage of electricity supply to institutions and the private sector in the state. At the inauguration, he said the project is one in the series of interventions by his administration to address the inherent […]

Continue Reading

Makinde, Wike, Tambuwal, Ikpeazu in Ondo to woo Mimiko back to PDP

Four Peoples Democratic Party (PDP) Governors are in Ondo State to woo former Governor Olusegun Mimiko back to the party. A large number of Zenith Labour Party(ZLP) members are at the residence of Mimiko in Ondo town to welcome the PDP contingent led by Oyo Governor Seyi Makinde. Other Governors in the team are Nyesom […]

Continue Reading

High cost of smartphones, network hitches, low awareness slow eNaira adoption

eNaira … Photos:Tekedia •Operators differ on benefits of new scheme, urge FG to strengthen Naira Nigeria’s hydra-headed challenges including smartphone affordability, network hitches and low awareness appear to weaken the adoption of eNaira in the country. With many Nigerians already onboard similar fintech applications that offer similar services like the e-naira, there are concerns about […]

Continue Reading

Buhari, Tinubu, Dangote, perform Umrah

President Muhammadu Buhari has successfully performed the Umrah (Lesser Hajj) at the Grand Mosque in Makkah, Saudi Arabia, alongside the minister of communications Isa Pantami, and business moguls Aliko Dangote, Wale Tinubu and Abdulsamad Rabiu. Umrah is a religious ritual of great significance performed by Muslim Ummah. It is believed that all the requests made […]

Continue Reading

Petrol subsidy may jump to N3tn – NNPC

The Petroleum Products Marketing Company, a subsidiary of the Nigerian National Petroleum Corporation, has said the annual subsidy on Premium Motor Spirit (petrol) will rise to N3tn if the current market realities persist. The Managing Director, PPMC, Mr Isiyaku Abdullahi, said this on Wednesday at a panel session during the 15th OTL Africa Downstream Week […]

Continue Reading

Nigerian elected as first Canada’s black councillor

A Nigerian, Mrs. Funke Banjoko, has been elected for the very first time into the regional municipality of Wood Buffalo government, McMurray, Alberta Canada. The Regional Municipality of Wood Buffalo includes Fort McMurray and 10 smaller communities. In the election, according to CBS News, Wood Buffalo voters elected what is believed to be the most […]

Continue Reading