Month: April 2024
Ekiti State Polytechnic Gets New Governing Council to Drive Development
Today marks a significant milestone in the journey of repositioning the Ekiti State Polytechnic, Isan Ekiti, as the institution inaugurates its new Governing Council. The constitution of this council, comprising individuals of impeccable credentials and track records, signals a renewed commitment to excellence and progress in the academic landscape of the state. In his address…
Kogi State Assembly Calls for Removal of Yahaya Bello’s Name from EFCC’s Wanted List
In a surprising turn of events, the Kogi State Assembly has formally requested the removal of former Governor Yahaya Bello’s name from the list of individuals wanted by the Economic and Financial Crimes Commission (EFCC). This comes amidst Bello’s refusal to appear before the anti-graft commission and his reported resistance to arrest, following accusations of…
Minister of Power Vows to Address Non-Performing Contracts and Improve Power Distribution
The Minister of Power, Chief Bayo Adelabu, has expressed concern over the non-performance of contracts within the power sector, particularly highlighting the case of Messr Zigglass. The company, awarded a contract worth $200 million (equivalent to N32 billion) in 2021 to supply three million meters, has failed to deliver a single unit. Speaking on the…
Yahaya Bello Declines EFCC’s Invitation for Interrogation: EFCC Chairman Reveals
In a startling revelation, the Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, disclosed how former governor of Kogi State, Mr. Yahaya Adoza Bello, declined invitations for interrogation regarding his alleged involvement in money laundering. Addressing media executives at the EFCC Corporate Headquarters in Abuja on Tuesday, April 23, 2024,…
Dangote Refinery Slashes Diesel and Aviation Fuel Prices Amid Economic Pressures
In a move aimed at providing relief to consumers, Dangote Petroleum Refinery has once again reduced the prices of diesel and aviation fuel, following its recent price drop just two weeks ago. Effective immediately, the price of diesel has been lowered to N940 per litre, while aviation fuel will now be sold at N980 per…
President Tinubu to Undertake Official Visits to Netherlands and Attend Economic Forum in Saudi Arabia
The State House has announced that President Bola Tinubu will embark on an official visit to the Kingdom of the Netherlands on Tuesday, April 23, 2024. President Tinubu has been invited by the Prime Minister of the Kingdom of the Netherlands, Mark Rutte, for high-level discussions. During his visit, he will hold separate meetings with…
Over 1,500 Benefit from Ogun State Free Surgery Programme as Government Rolls Out Welfare Initiatives
The Ogun State Government has announced that over 1,500 individuals have benefited from the ongoing Free Surgery Intervention Programme as part of its commitment to providing accessible healthcare services to residents. The disclosure was made during the flag-off of the sale of discounted rice to civil servants at the State Secretariat, Oke-Mosan, Abeokuta, underscoring the…
Ojumele-Ajegunle Road Damage: Human Error, Not Project Deficiency, Says Ogun Governor’s Aide
The recent damage to the newly constructed road at Ojumele-Ajegunle in Makun-Sagamu, Sagamu Local Government Area of Ogun State, has been attributed to human error rather than project deficiency, according to Hon. Kayode Akinmade, Special Adviser on Media to Governor Dapo Abiodun. In a press statement released in Abeokuta, the Ogun State capital, Akinmade clarified…
Banks Retain N530 Billion CBN Funds Amidst Temporary Halt in Support Schemes
Amidst a temporary suspension of all Central Bank of Nigeria (CBN) support funds by the current governor, Olayemi Cardoso, banks in the country continue to retain over N530 billion in unutilized intervention funds. According to recent financial statements reviewed, nine banks still hold substantial amounts of intervention funds designated for distribution to various recipients. Leading…
Diesel Prices Expected to Drop to N700/litre Following Dangote’s Move
The Independent Petroleum Marketers Association of Nigeria (IPMAN) is eyeing a potential reduction in diesel prices to N700 per litre in the wake of Dangote refinery’s recent price adjustment. Hammed Fashola, the National Vice President of IPMAN, expressed optimism regarding the anticipated decrease in diesel prices, attributing it to the impact of Dangote refinery’s actions….