FG, GenCos seal agreement on N4 Trillion power sector debt payment

The Federal Government has concluded implementation frameworks for a N4 trillion government-backed bond aimed at settling verified arrears owed to power Generation Companies (GenCos) and gas suppliers. The Special Adviser to the President on Energy, Mrs. Olu Verheijen, revealed the development in a statement on Tuesday in Abuja. The agreement followed a high-level meeting between federal … Continue reading “FG, GenCos seal agreement on N4 Trillion power sector debt payment”

North West, South West lead in Tinubu’s ministerial appointments – FCC boss

…says Tinubu’s Cabinet Reflects Fair Zonal Spread By Favour Ulebor, Abuja The Acting Executive Chairman of the Federal Character Commission (FCC), Hon. Kayode Oladele, has disclosed that the North West and South West geopolitical zones lead in the composition of President Bola Ahmed Tinubu’s federal cabinet. Speaking on Tuesday in Abuja at a workshop themed … Continue reading “North West, South West lead in Tinubu’s ministerial appointments – FCC boss”

Reps Want Forfeited Emefiele-Linked Estate Given To Low-Income Earners, IDPs

  The House of Representatives has urged the Federal Government to allocate the forfeited Abuja estate linked to former Central Bank Governor, Godwin Emefiele, to low- and middle-income earners, internally displaced persons (IDPs), and vulnerable groups. This followed the adoption of a motion by Jafaru Gambo Leko on the “Need for Transparent and Equitable Allocation … Continue reading “Reps Want Forfeited Emefiele-Linked Estate Given To Low-Income Earners, IDPs”

Defections: We warned Nigerians about APC’s one-party state agenda – Wabara

By Steve Oko Former Senate President and Chairman, Board of Trustees (BoT) of the Peoples Democratic Party (PDP), Senator Adolphus Wabara, has said that the recent defections of PDP governors to the ruling All Progressives Congress (APC) have confirmed his earlier warning that the APC is pursuing an agenda to turn Nigeria into a one-party … Continue reading “Defections: We warned Nigerians about APC’s one-party state agenda – Wabara”

Residents excited as Gov AbdulRazaq inaugurates Otte/Budo-Egba Waterworks

Kwara State Governor AbdulRahman AbdulRazaq on Monday inaugurated the newly rehabilitated Otte/Budo-Egba Waterworks in Asa local government to deepen access to clean and safe water in the areas. The Governor said the completion of the 500,000 litre tank reflects the vision of his administration to modernise water infrastructure across the state. “This is not just … Continue reading “Residents excited as Gov AbdulRazaq inaugurates Otte/Budo-Egba Waterworks”

FG signs $500m renewable energy deals with states, Netherlands

– Nigeria’s Energy Transition Presents $410bn Investment Opportunity, Says Vice President By Obas Esiedesa, Abuja The Federal Government has signed renewable energy deployment agreements worth $500 million with five state governments and the Netherlands Development Organisation (SNV) to boost solar power generation and expand local production of solar panels and battery storage systems in Nigeria. … Continue reading “FG signs $500m renewable energy deals with states, Netherlands”

LINEUP: Osimhen, Adams Lead Super Eagles Attack In Crucial World Cup Qualifier Against Benin

  Victor Osimhen and Akor Adams will spearhead the Super Eagles’ attack in a decisive World Cup qualifying clash against Benin Republic in Uyo. The pair showed promising chemistry in Nigeria’s last outing against Lesotho, where they combined to score the team’s second goal. Adams, making his debut, was set up by Osimhen shortly after … Continue reading “LINEUP: Osimhen, Adams Lead Super Eagles Attack In Crucial World Cup Qualifier Against Benin”

Sweden Sack Coach Tomasson After World Cup Qualifying Defeats

  The Swedish Football Association said Tuesday it had sacked national team coach Jon Dahl Tomasson following three straight losses in World Cup qualifying. The FA said the decision, which had been taken on Tuesday and was effective immediately, was “based on a lack of results in the World Cup qualifiers”. “There is still a … Continue reading “Sweden Sack Coach Tomasson After World Cup Qualifying Defeats”