Some experts have advised Nigerians to turn to gas-powered vehicles as alternative to petrol-powered vehicles due to the current high price of petrol in the country. The cost of petrol in the country now ranges between N500 and N600 per litre from the old price of N195 per litre since the removal of petrol subsidy […]
The House of Representatives has declared the purported launch of Nigeria Air during the final days of the former administration led by President Muhammadu Buhari a fraudulent scheme. Buhari’s administration two days before handing over to President Bola Ahmed Tinubu reportedly used N139.3bn ($300m) to repaint an 11-year-old Ethiopian Airlines aircraft and presented it as […]
President Bola Tinubu on Friday in Abuja assured traditional rulers in the country that his administration will run an open-door policy that is ready to listen to the yearnings of Nigerians toward transforming the country’s rich potentials to reality. Speaking at an interactive session with the Royal Fathers under the aegis of National Council of […]
The Zamfara State government has ordered a raid on the residence of the immediate-past governor of the State, Muhammad Bello Matawalle, and impounded some vehicles believed to belong to government. Some Sport Utility Vehicles (SUVs) were impounded on Friday during a raid of Matawalle’s residence in Gusau. Recall that, speaking on a local radio station, […]
The Nigerian President, Bola Tinubu, has signed the 2023 Electricity Act which is a replacement for the Electricity and Power Sector Reform Act of 2005 into a law. The newly enacted law will de-monopolise Nigerian electricity generation, transmission, and distribution of electricity at the national level. This new law will empower states, companies, and individuals […]
The shareholders of Ardova Plc, (the “Company”) at a Court Ordered Meeting held in Lagos, on Wednesday 31 May 2023, have approved the Scheme of Arrangement (“Scheme”), for the holders of its fully paid ordinary shares of 50 kobo each, subject to the approval of the Securities and Exchange Commission (“SEC”) and the Court. Each […]
The Federal Government has declared Monday, June 12, as public holiday in celebration of Democracy Day. Dr Oluwatoyin Akinlade, the Permanent Secretary in the Ministry of Interior, on Thursday announced the declaration on behalf of the Federal Government. The statement said Nigeria’s democratic journey had, like in many other countries, had challenges. “But the ship […]
President Bola Tinubu on Wednesday night held a meeting with the APC senators-elect on the election of leaders of the 10th National Assembly at the Presidential Villa in Abuja. According to the Akpabio/Jibrin Media Team, the meeting was held to garner support for Sen. Godswill Akpabio, who has been chosen as the party’s choice as […]
President Bola Ahmed Tinubu has directed the National Economic Council (NEC) to begin the process of providing palliatives to cushion the harsh effects of petrol subsidy removal. Gov. Dapo Abiodun of Ogun State, said this while briefing correspondents after leading some major oil marketers on a courtesy visit to the president at the Presidential Villa, […]
President Bola Tinubu on Thursday signed into law the bill on uniform retirement age for judicial officers. The bill was passed by the outgoing Ninth National Assembly, but not assented to by former President Muhamadu Buhari. The bill was one of the Constitution of the Federal Republic of Nigeria (Fifth Alteration) Bills No. 20 of […]
