NewsReports

Edo State Government has said it has received only N2.1 billion from the N28bn that accrued to the state as 13 percent oil derivation fund for oil producing states. Edo State Commissioner for Budget and Finance, Mr. Joseph Eboigbe, disclosed this while briefing journalists after the weekly Executive Council (EXCO) meeting chaired by Governor Godwin Obaseki, at the Government House …

…CBN insists move not targeted at anyone Nigeria’s President, Muhammadu Buhari, on Wednesday morning unveiled the redesigned naira notes across the N200, N500 and N1,000 denominations. Buhari unveiled the notes at the Council Chambers of the State House shortly before the kickoff of this week’s Federal Executive Council meeting. Fielding questions from correspondents after the event, the Governor of the …

Mr Buhari also appointed 15 other nominees as members of the NDDC board. President Muhammadu Buhari of Nigeria has named Lauretta Onochie as the substantive chairman of the Niger Delta Development Board (NDDC). He also appointed 15 other nominees as members of the board. The appointments were contained in a letter to the Senate President, Ahmad Lawan, who read it …

The president says the country also found 500 billion cubic feet of gas within the Kolmani area of Gombe and Bauchi, and has attracted $3 billion investment already. President Muhammadu Buhari on Tuesday flagged off the first crude oil drilling project in northern Nigeria, on the boundary of Bauchi and Gombe States. The NNPC had in October 2019 announced the discovery …

Barring any last minute change of plan, the unveiling of the new notes will precede the weekly cabinet meeting at the State House in Abuja. President Muhammadu Buhari is to formally unveil the new naira notes on Wednesday, except the president changes his plan in the coming hours, PREMIUM TIMES understands. The Central Bank of Nigeria had on October 26 announced its …

…marketers lament new tax regime Long queues surfaced in Lagos on Tuesday as motorists spent hours at filling stations while waiting to buy the product. The situation was worse in Ikosi-Ketu, Arepo area of New Lagos, Obalende, Maryland and Iju-shaga in Lagos State. Commuters lamented the hike in prices of transportation fares in the state on Monday and Tuesday, as …

Mr Obasanjo says government must devise innovative means to reduce out-of-school children in the country. Former President Olusegun Obasanjo has warned the government to act fast in reducing out-of-school children or risk having potential 20 million Boko Haram members. Mr Obasanjo said this in Abuja on Tuesday while speaking at the National Summit on Tertiary Education Reform organised by the …

A number of secondary school teachers across the country recently got the opportunity to better equip their students for the 4th industrial revolution, as they benefitted from the critical digital training made possible with the collaboration of the National Senior Secondary School Education Commission, NSSEC  and Coderina Education and Technology Foundation.  The partnership is primarily aimed at unlocking Nigeria’s human capital …

A Federal High Court, Abuja, on Tuesday, ordered the Independent National Electoral Commission to immediately resume the Continuous Voters Registration until 90 days before the 2023 general elections. Justice Inyang Ekwo, in the judgment, also directed INEC to ensure that eligible Nigerians were not deprived the opportunity to have their voter card for the forthcoming poll. Justice Ekwo held that …

By Bob MajiriOghene Etemiku Abuja, Nigeria – On November 28, 2022, all roads will lead to OAS Lounge, B9 Street, Behind Estate Shopping Complex, CITEC Jabi Airport Road, venue of the celebration of the conferment of the rank of Senior Advocate of Nigeria (SAN) on Sam Kargbo, Esq.  The event is billed to take place from 2pm – 5pm after …