NewsReports

‘The worst of the storms over’ Dutch businessmen to invest $250m in Nigeria “I am ever ready to take tough decisions in the best interest of the people, even if with initial pains,” President Bola Ahmed Tinubu affirmed yesterday. He spoke in Hague, The Netherlands during the business session of the bilateral meeting with the Dutch team led by Prime Minister Mark …

The Lagos State Government has refuted claims that Governor Babajide Sanwo-Olu announced an increment in the minimum wage to N70,000. Lagos State Commissioner for Information, Gbenga Omotoso, disclosed this in a statement on Thursday. Omotoso said the confusion arose following an event at the Governor’s Office on Wednesday, where Sanwo-Olu unveiled “Eko Cares,” a program aimed at supporting residents facing …

Minister of Interior, Dr Olubunmi Tunji-Ojo, said on Thursday that the government would relocate a lot of correctional centres to create better space, security, and infrastructure. Tunji-Ojo made the pledge when he visited Suleja Medium Security Custodial Centre, where 119 inmates escaped following a rainstorm that damaged the facility on Wednesday. This is contained in a statement issued in Abuja by …

The troops are to begin their pre-deployment training on May 15, 2024 at the Martin Luther Agwai International Leadership and Peace Keeping Centre (MLAILPKC), Jaji, Kaduna state, an internal memo seen by SaharaReporters revealed. The Nigerian Army has announced a date for medical screening and pre-deployment training for 319 troops for a peacekeeping mission in Guinea Bissau despite the rising …

Edo State Chapter of the Peoples Democratic Party (PDP) has set up its Campaign Council for the September 21, 2024, Governorship Election in the State. In a statement on Thursday, the PDP State Organizing Secretary, Tony Anenih (Jnr.) said members of the Campaign Council are versatile members of the PDP who have been carefully chosen to deliver the party’s candidate, …

Edo State’s Regional Development and Benin City Master Plan will be backed by legislation to ensure strict compliance to the provisions of the plan and drive sustainable development of the State within the 30 years period, Governor Godwin Obaseki said on Thursday. The governor said this while addressing participants during an engagement session with stakeholders from the three local government …

—LCCI lWe need huge investments — Expert There are strong indications that the power supply crisis plaguing the country may persist for a longer time as Electricity Distribution Companies, DisCos, and the generation companies, GenCos, are battling with outdated, obsolete networks, inadequate maintenance of equipment, and dilapidated generation machinery, causing below optimal capacity utilization. Similarly, the Transmission Company of Nigeria, TCN, is …

A Consumer Credit Scheme to put money in the pockets of Nigerians, boost manufacturing and stimulate economic growth has been rolled out by the Federal Government. Presidential spokesman Ajuri Ngelale yesterday announced the beginning of the plan following its approval by President Bola Ahmed Tinubu. It is a cardinal campaign promise by the President. According to Ngelale, apart from empowering Nigerians …

The Managing Director\CEO of the Federal Government’s newly established Nigerian Education Loan Fund (NELFUND), Mr Akintunde Sawyerr, has declared that the loan facilities are conditional for students to access. He also established that students in private tertiary institutions, inmates in correctional centres nationwide and also Nigerian students schooling abroad are exempted from benefiting from the loan. According to him, NETFUND loan, which is …

• Eight top federal universities retain no best student in three years• Unmet vacancies of lecturers: UNILORIN 500, Gusau, 600; FUNAAB 350-plus• Over 1000 vacancies in Ibadan; UNILAG, OAU, UNN and UNIBEN Despite the exodus of university teachers and attendant shortage of manpower in public universities nationwide, the non-retention policy of the Federal Government has caused over 5,032 first-class graduates …