National

President BOLA TINUBU says Nigeria is well-positioned to power the clean energy future of Europe and the world with its high-grade lithium deposits. TINUBU during a meeting with the Prime Minister of the Netherlands MARK RUTTE at his official residence, known as THE CATSHUIS in The Hague, yesterday said Nigeria offers immense opportunities across a pool of sectors and that his administration is deepening reforms to enhance the investment climate. The President said Nigeria seeks robust, balanced, and mutually beneficial partnerships to bring about value-addition in areas […]

The Federal Government has revoked an additional 924 dormant mineral licenses with immediate effect. The Minister of Solid Minerals DevelopmentDELE ALAKE who announced this during a press briefing in Abuja yesterday said the revoked mineral licenses include 528 exploration licenses, 20 mining leases, 101 quarry licenses, and 273 small-scale mining licenses. Speaking during the briefing, ALAKE lamented the high rate of license racketeering, as well as dormant mineral licenses, which he assured of the ministry’s unrelenting effort to get into the root cause and correct the […]

Following the Enugu State Electricity Law signed by Governor Peter Mbah and the recent constitution of the Enugu State Electricity Regulatory Commission, ESERC, by the Mbah Administration, the Nigerian Electricity Regulatory Commission (NERC) has, in a historic move, formerly transferred the regulatory oversight of the Enugu State electricity market to the state agency effective May 1, 2024.  The transfer was made known by NERC in  an Order  signed yesterday by the Commission’s Chairman, Sanusi […]

Former President, Olusegun Obasanjo has urged President Bola Tinubu to include students of private universities among beneficiaries of the Student Loan Scheme. Obasanjo, who spoke at an event held in Ota, Ogun State, opined that the loan scheme was crucial to the development of the society and the welfare of the citizens and that excluding a group of people would be counterproductive. He however raised doubt over the running of the scheme without recording corrupt practices. This […]

President BOLA TINUBU has cautioned those who threaten the sovereignty of the country, saying that they would have themselves to blame. The President, who stated this yesterday at the Presidential Villa Abuja,  when he met with the pan-Yoruba socio-political group, Afenifere led by its leader, Pa Reuben Fasoranti, added that  his administration is tackling the mirage of security challenges in the country, including terrorism and banditry.  He said unlike in the years past when insurgents laid claim to parts of the country, […]

Dangote Petroleum Refinery has announced a reduction of the price of diesel from N1200 to N1,000 per litre. In a statement, the refinery said it had supplied diesel at a substantially reduced price of N1,200 per litre three weeks ago, representing over 30 per cent reduction from the previous market price of about N1,600 per litre. It added that the significant reduction in the price of diesel to 1000 Naira per litre is expected to positively affect […]

The Socio-Economic Rights and Accountability Project (SERAP) has askedPresident Bola Tinubu to publish copies of loan agreements obtained by the administration of past Presidents since 1999 SERAP in a statement issued yesterday by its deputy director, KOLAWOLE OLUWADARE, urged Tinubu “to direct appropriate ministries, departments and agencies (MDAs) to provide the organization with copies of the loan agreements obtained by the governments of former presidents Olusegun Obasanjo, Umaru Musa Yar’Adua, Goodluck Jonathan and Muhammadu Buhari, and also sought “the spending […]

The Federal Government says members of the Senior Staff Association of Nigerian Universities, SSANU, and the Non-Academic Staff Union, NASU, will get half of their withheld salaries should President Bola Tinubu approve the payment of their salary arrears. The Minister of Education, Tahir Mamman, revealed this yesterday, saying that the non-academic staff members of universities were not on strike for the same period in 2022 as their academic counterparts. He stated that the […]