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The Nigerian National Petroleum Company Limited has confirmed that the Federal Government is paying subsidies on the petrol it imports into the country. Though the NNPCL denied paying fuel subsidies to marketers in the last nine months, it said the government allows it to sell at a price below the landing cost The company’s Chief Financial Officer, Alhaji Umar Ajiya, made the clarifications on Monday in Abuja. Ajiya said the […]
Some top officials of the National Hajj Commission of Nigeria have been arrested by the Independent Corrupt Practices and Other Related Offences Commission over alleged mismanagement or diversion of the N90bn released by the Federal Government to subsidise the 2024 Hajj pilgrimage to Saudi Arabia. The officials were arrested in their offices and taken to the anti-graft agency’s office following their failure to honour earlier invitations extended to them by […]
President Bola Tinubu recently stopped the implementation of a hike in electricity tariff and insisted that subsidy be paid on power consumed nationwide, the Minister of Power, Adebayo Adelabu, revealed on Wednesday. Adelabu also stated that the Federal Government would investigate the legality of the five-year licence extension given to privatised power distribution and generation companies, stressing that the operating licences of the firms would have expired on October 31, […]
Tyson Fury and Anthony Joshua remain two of the biggest names in the heavyweight division, with clear targets on their backs for any man looking to make a statement as the next big thing. Fury remains undefeated in his campaign, a two-time heavyweight champion who is just one fight away from challenging to become the first undisputed titlist in the division since Lennox Lewis. That was always a goal of Joshua’s, […]
Leading energy conglomerate, Sahara Group is set to reinforce its call for more intra-African collaboration and investments towards enhancing access to energy on the continent at the Africa Energy Week 2023 scheduled to hold in Cape Town from October 16 – 20. An annual event, the AEW brings together leaders, innovators, and experts in the energy sector to discuss and shape the future of energy in Africa. The 2023 theme […]
A yet-to-be-identified driver has reportedly died while trying to escape from being attacked on the Lagos-Ibadan Expressway. The accident reportedly involved one blue Mercedes Benz truck with number plate RBC110XJ and one ash Toyota Sienna car with number plate EKY240HA.
Price of 12.5kg of Liquefied Natural Gas or cooking gas has increased to N12,500 Market survey by our correspondent revealed that gas retailers had jerked up prices of 12.5kg from N10,000 reported towards the end of last month, to around N12,500 in Lagos.
Chicago State University, United States of America has released to former Vice President Atiku Abubakar the academic records of President Bola Tinubu. The CSU released the documents to Atiku on Monday in compliance with the order of a United States District Court in Northern District of Illinois. In ordering the CSU to release Tinubu’s academic record, a US district judge dismissed the President’s objection. The judge ruled: “For the foregoing […]
Abiodun in the Ifo Local Government Area of Ogun State, collapsed and killed their two daughters on Saturday.The incident, it was gathered, occurred due to a mudslide following a downpour.The 16-year-old Suliyat and her 25-year-old elder sister, Nofisat, were trapped in the collapsed building
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