Month: April 2024
President Tinubu Pledges Nigeria’s Youthful Potential to Propel Digital Economy at IDA21 Summit
In a resounding declaration, President Bola Ahmed Tinubu has affirmed Nigeria’s commitment to harnessing the vibrant energy of its youthful population to position the nation as a global powerhouse in the digital economy. Speaking at the 21st Replenishment of the International Development Association (IDA21) Summit in Nairobi, President Tinubu outlined Nigeria’s ambitious plans to lead…
Exclusive: EFCC Investigates Alleged Diversion of N7.5 Billion by NSCDC Contractors
In a startling revelation, an investigation by the Economic and Financial Crimes Commission (EFCC) is currently underway into the alleged diversion of N7.5 billion by contractors associated with the Commandant General of the Nigeria Security and Civil Defence Corps (NSCDC), Ahmed Abubakar Audi. According to a reliable source close to the investigation, the entire sum,…
Nigeria States Sharing International Borders: A Comprehensive Guide
Nigeria, the most populous country in Africa, boasts a diverse landscape characterized by bustling cities, expansive plains, and vibrant cultural heritage. One of its unique features is its border proximity to several neighboring countries, fostering economic, social, and cultural exchanges. Here’s a detailed look at the Nigerian states that share international borders: 1. Adamawa State:…
FG Allocates N20 Billion Augmentation Fee to Julius Berger for Bodo-Bonny Road Construction
The Federal Government has taken significant steps to resolve the impasse with Julius Berger Plc over the construction of the N200 billion Bodo-Bonny Road in Rivers State. Following a recent meeting between the Minister of Works, Dave Umahi, and Julius Berger’s Managing Director, Dr. Lars Richter, the government has allocated an additional N20 billion augmentation…
Petrol Shortage Expected to Last Two Weeks, Says IPMAN
The Independent Petroleum Marketers Association of Nigeria (IPMAN) disclosed yesterday that the ongoing petrol shortage, affecting several states in the country, is anticipated to persist for about two weeks. While the Nigerian National Petroleum Company Limited (NNPCL) affirmed having sufficient product supply, the Public Relations Officer of IPMAN, Chinedu Ukadike, attributed the scarcity to sourcing…
President Tinubu Appoints New CEOs for Culture Agencies
President Bola Tinubu has made significant appointments, naming eleven new Chief Executive Officers to head various agencies under the Federal Ministry of Art, Culture, and Creative Economy. The appointments span across different regions of the country, with notable representation from various ethnic groups. The breakdown of the appointments reflects a diverse geographical spread, as follows:…
PRESIDENT TINUBU SECURES $600 MILLION INVESTMENT FROM MAERSK FOR NIGERIAN SEAPORT INFRASTRUCTURE EXPANSION
In a groundbreaking development, President Bola Tinubu has successfully secured a monumental investment of $600 million from Danish shipping and logistics giant, A.P Moller-Maersk, aimed at expanding existing port infrastructure to accommodate more container shipping services in Nigerian ports. The announcement came during a high-level meeting between President Tinubu and Chairman of A.P Moller-Maersk, Mr….
Dangote Cement Records Record-Breaking Revenue in Q1 2024
Dangote Cement, Africa’s leading cement manufacturer, has reported its highest-ever quarterly revenue in the first quarter of 2024, with a turnover of N817 billion. This remarkable achievement underscores the company’s strong performance and resilience in the face of economic challenges. The surge in revenue was primarily propelled by a substantial 26.1% growth in output in…
NSCDC Mining Marshals Apprehend Four Chinese Nationals in Nasarawa State
In a daring operation, the Mining Marshals of the Nigeria Security and Civil Defence Corps (NSCDC) have apprehended four Chinese nationals at an unauthorized mining hotspot where lithium is being illicitly traded. The arrests took place in the Karu Local Government Area of Nasarawa State. According to a statement released by the NSCDC Public Relations…
Tragedy Strikes Abeokuta: Gas Explosion Claims One Life, Destroys Properties
Ogun State Governor, Dapo Abiodun has expressed deep sympathy for the victims of a devastating gas explosion that rocked the Ita-Oshin area of Abeokuta, the state capital, around 5 pm today. According to reports, the incident occurred following a fire sparked by a lone accident involving a gas truck with the inscription Gasco Marine Bar…