NewsReports

—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a longer time as Electricity Distribution Companies, DisCos, and the generation companies, GenCos, are battling with outdated, obsolete networks, inadequate maintenance of equipment, and dilapidated generation machinery, causing below optimal capacity utilization.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 …

For most people, sitting in court at their own criminal trial would represent a defining moment of their life. But Donald Trump’s return to his hush money trial Thursday does not even represent the most critical courtroom drama of his day. The ex-president’s attention is certain to stray from what he has repeatedly complained is a “freezing” court in New York to the …

Lawmakers to get Bill Should the proposed Executive bill be passed, politicians found guilty of tax evasion will be barred from seeking elective offices. The plan was made known yesterday by chairman of the Presidential Fiscal Policy and Tax Reforms Committee Taiwo Oyedele. He said an amendment to an existing tax law  will be sent to the National Assembly to …

IBADAN—Leader of the Ilana Omo Oodua, Professor Banji Akintoye has disagreed with leaders of the pan-Yoruba socio-political organisation, Afenifere, on restructuring saying the Yoruba Nation wants self-determination not restructuring. He said this when he was featured on Arise television’s ‘The Morning Show’. The professor of History who repeatedly said the goal to achieve his Yoruba Nation dreams will surely come to pass argued that …

The Kaduna State House of Assembly ad hoc committee probing former Governor Nasir El-Rufai over the debt burden on the state has requested the Ministry of Finance to tender documents on the state’s financial transactions between May 29, 2015 and 2023 for investigation. An official memorandum endorsed by the Clerk of the Assembly, Mrs. Sakinatu Hassan Idris, and dated April 22, was …

ISTANBUL — A top Hamas political official told The Associated Press the Islamic militant group is willing to agree to a truce of five years or more with Israel and that it would lay down its weapons and convert into a political party if an independent Palestinian state is established along pre-1967 borders. The comments by Khalil al-Hayya in an …

New video evidence uncovered by CNN significantly undermines two Pentagon investigations, the latest of which was released last week, into an ISIS-K suicide attack outside Kabul airport, during the American troop withdrawal from Afghanistan in August 2021. The incident was a gruesome coda to America’s longest war, leaving dead 13 United States military service members and about 170 Afghans who were desperately …