NNPC lowered stake in Dangote refinery for CNG investment – Official

The spokesperson of the Nigerian National Petroleum Company Limited, Olufemi Soneye, has disclosed that the state-owned energy firm reduced its stake in Dangote refinery to invest in Compressed Natural Gas. Soneye revealed that the NNPC capped its stake at 7.2 percent instead of 20 percent to build CNG stations nationwide. He stated this while featuring […]

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Court sacks Rivers APC caretaker excos, reinstates Amaechi loyalist

Rivers State High Court A Rivers State High Court sitting in Port Harcourt, on Monday, sacked the seven-man caretaker committee of the All Progressives Congress in the state led by Tony Okocha. The party’s National Working Committee inaugurated the sacked committee. Justice Sika Aprioku gave the verdict while ruling on a suit filed by Sam […]

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How Nigeria walked into food crisis —Experts

Experts and stakeholders in the agricultural sector have weighed in on the key variables responsible for Nigeria’s food crisis. The experts noted that in the past, agriculture in Nigeria was the major driver of the economy as farmers in the states and regions focused their productions on areas where they had comparative advantage and grew […]

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Beyond the protests (1)

By Ebun-Olu Adegboruwa, SAN Against all odds, the organizers of the #EndBadGovernance protests made good their threats on August 1, 2024, when they trooped out with other Nigerians to protest against hunger, hardship, and the suffocating economic policies of the administration of President Bola Tinubu. All over Nigeria from Lagos to Abuja, Kano, Port-Harcourt, Benin, […]

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FG, governors reach three-month agreement on LG allocations

The Federal Government and state governors may have agreed to a three-month moratorium on Local Government autonomy, over concerns arising from its impact on salary payments and operational viability. The development means Local Governments may wait till October before the implementation of the law in the direct payment into their respective accounts. The Supreme Court, […]

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Protest, inflation top as Council of State meets today

All living former presidents and heads of state are expected to converge on the Aso Rock Villa, Abuja, at noon today (Tuesday) as President Bola Tinubu convenes the Council of State meeting. At Tuesday’s meeting, his first since assuming office 14 months ago, members will discuss recent events nationwide, particularly the #EndBadGovernance protests, the economy, […]

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Marketers project N600/litre for Dangote petrol

Independent petroleum marketers in Nigeria are hoping that the Dangote Petroleum Refinery will sell its Premium Motor Spirit, popularly called petrol, at N600 or N650/litre when it is finally released into the market. Dealers under the aegis of the Independent Petroleum Marketers Association of Nigeria said they believe that the Dangote refinery would crash the […]

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Wife may bag jail term for tearing husband’s passport at Lagos airport – NIS

A Nigerian woman named Favour Igiebor, who tore up her husband’s passport at the Murtala Muhammed International Airport, could face a jail term as punishment for her actions if found guilty, according to the Nigeria Immigration Service Act of 2015 (as amended). The NIS had on Monday revealed that it had launched an investigation into […]

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Loan or grant: FG, states row over W’Bank N570bn fund

On Sunday, August 4, President Bola Tinubu addressed Nigerians in response to the escalating violence during the #Endbadgovernance protests, which began on August 1. The protest was a result of a disconnection between the government and the governed. Despite the claim of inflow of unprecedented allocations, Nigerians feel both the national and sub-national governments are […]

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Demand for 2014 Confab report resurfaces

as Afenifere, PANDEF, others dissect The Patriots’ proposal for new constitution A mixture of approval and disapproval is trailing the request tabled by the group of eminent persons under the aegis of The Patriots before President Bola Tinubu to initiate a bill that will lead to a constitution that reflects the collective will and aspirations […]

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