National

The Minister of Transportation SAID ALKALIyesterday inaugurated commercial train operations along the Port Harcourt-Aba rail line for public use. ALKALI during the inauguration launched commercial services along the 62-kilometre Port-Harcourt-Aba corridor and indicated that the event was part of the Federal Government’s efforts to boost trade, improve mobility, and ensure connectivity between southern and northeastern Nigeria. The Minister said the rehabilitation project was contracted to China Civil Engineering and Construction Company by the Federal Ministry of Transportation with an expected completion […]

The Federal Government has approved a salary increase of between 25% and 35% for civil servants on the remaining six Consolidated Salary Structures with effect from January 1st, 2024, and an increase in pension of between 20% and 28% for pensioners on the defined benefits scheme concerning the six consolidated salary structures. The Salary Structure includes the Consolidated Public Service Salary Structure, Consolidated Research and Allied Institutions Salary Structure, Consolidated Police Salary Structure, Consolidated Para-military Salary Structure, Consolidated Intelligence […]

The Minister of Power ADEBAYO ADELABUsays the Federal Government requires 10 billion dollars in annual investment to revive the power sector for the next 10 years. ADELABU at a one-day investigative hearingyesterday in Abuja on stopping the electricity tariff increase by the Nigerian Electricity Regulatory Commission, NERC, organized by the Senate Committee on Power said the investment is needed for the infrastructure requirement for the stability of the sector, but the government cannot afford it. The Minister said for them to attract investors and investment, they must make the sector […]

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, […]