NewsReports

Suspected terrorist groups wielding sophisticated weapons are terrorising residents of communities around the newly discovered oil field in the Alkaleri Local Government of Bauchi State. Local authorities told PREMIUM TIMES that at least 10 people were killed, and residents are being kidnapped daily as others flee villages in the area in droves due to fear for their safety. Sa’adu Jibrin, …

The former Vice President for the African Region of the World Bank said the top three candidates can easily be rated with public information available and having done her ratings, Obi is ahead of two other contestants. “To the specific issue of a presidential candidacy, what I said and which I repeat everywhere that I am asked is that I …

The Federal Government has finally approved the disbursement of the Cabotage Vessel Financing Fund (CVFF) 18 years after the shipowners’ contribution to the controversial cabotage fund after 17 years of waiting. The Minister of Transportation, Muazu Sambo, disclosed on Saturday at the flag-off ceremony of the third phase of the Nigerian Seafarers Development Program (NSDP) TERRA 2, held at the …

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and other relevant organisations in the oil sector agreed Thursday to end the lingering fuel scarcity across the country in 48 hours. Speaking to journalists in Abuja after a closed-door meeting with the State Security Service (SSS), the operators said depots would work seamlessly for 24 hours daily to end petroleum …

The Governor of the Central Bank of Nigeria, Godwin Emefiele, on Thursday, said the Nigerian economy was overdue to go cashless as the Federal Government had sufficiently invested in the required payment system infrastructure to make the transition seamless. Emefiele said this shortly after meeting the President, Major General Muhammadu Buhari (retd.), at his native hometown of Daura, Katsina State. …

“Of course, there will always be pressure from all quarters, wanting to induce security forces, not just the military, the security force, the police. And that’s what criminal enterprise is all about.” The Nigerian military is, during every general election season, always under pressure to compromise the elections, the Chief of Defence Staff, Lucky Irabor, has said. But the pressure, Mr Irabor …

Ahead of the 2023 elections, the Independent National Electoral Commission is planning to set up voting centres for over two million Internally Displaced Persons across the country. The voting centres will be sighted in IDP camps. Findings from the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development indicate that many of the IDPs are living in Borno, Zamfara, …

The Federal Government said it had developed a National Renewable Energy and Energy Efficiency Policy with accompanying Vision 30:30:30 to add 30,000MW of electricity by the year 2030. Minister of Power, Mr Abubakar Aliyu said this in Abuja at the 5th National Council on Power (NACOP) with the theme“ Sustaining and Improving Electricity Supply through the Power Sector Value Chain for …

The central bank governor says limits may be amended but the policy will go forward. The Central Bank of Nigeria says its new policy that significantly limits the amount of money individuals and organisations withdraw from banks will proceed amidst calls for the move to be reversed. After a meeting with President Muhammadu Buhari on Thursday, the bank’s governor, Godwin Emefiele, …

The Edo State Police Command has warned the citizens of the state to desist from the use of fireworks during the Christmas and New Year season, promising to provide adequate. In a press statement on Thursday, the Spokesperson of the command, Chidi Nwabuzo, said its operatives had been given specific instructions to clamp down on dealers of fireworks and those …