States debt may hit N1.34tn over palliative loans
The fresh subsidy palliative loans may drive 36 states’ borrowing from the Federal Government to N1.34tn, according to findings by The PUNCH. The debt under the budget support facility of the Federal Government included a N614bn debt as of 2019, another debt of N656bn in 2021, and a fresh N69.12bn debt as subsidy palliative this […]
Lagos Assembly rejects Seventeen commissioner-nominees
The Lagos State House of Assembly has rejected 17 of the 39 commissioners-nominees sent by Governor Babajide Sanwo-Olu. The commissioners-nominees rejected by the Lagos Assembly are listed below. 1. Mrs. Folashade Adefisayo (Education); 2. Prof. Akin Abayomi (Health); 3. Gbenga Omotoso (Information and Strategy); 4. Olalere Odusote (Energy); 5. Mrs. Solape Hammod); 6. Mrs. Cecilia […]
Niger: Algeria, Egypt oppose military action, seek dialogue
Algeria and Egypt have moved against military intervention in the Niger Republic, insisting that dialogue remains the best option out of the current political crisis in the country. Recall that West African leaders had, in the aftermath of the coup that toppled President Mohamed Bazoum, threatened to embark on military intervention in the Sahel country […]
Forgiveness Is A Gift You Give Yourself
So many people today yearn for happiness, joy, and love — seemingly, to no avail. We live in a world with so many choices, and resources, and freedoms, and so much technology, yet so many of us seem to live lives that are filled with MORE stress and LESS enjoyment than ever in history. Why […]
Palliatives: Knocks trail distribution, beneficiaries decry inadequate foodstuffs, delay
Confusion is trailing the Federal Government’s palliatives package to the 36 states of the federation and the Federal Capital Territory stemming from distribution hitches, alleged underhand dealings and inadequacy of the materials to meet the needs of Nigerians. While some of the states have taken custody of the funds and food items earmarked for distribution to […]
Gas’ll play primary role in the economic reconstruction of Nigeria – Tinubu
President Bola Tinubu, on Friday, pledged his administration’s commitment to leveraging the nation’s massive gas resources to achieve the fundamental restructuring of the nation’s economy for expansive growth during his tenure. President Tinubu gave the pledge during a meeting with the Board and Management of the Nigeria Liquefied Natural Gas (NLNG) Limited at the Presidential Villa, […]
Climate Change: ‘Study shows Lagos is sinking, needs support’
As part of mitigation measures, Lagos State in 2018 developed a climate action plan, which is targeted at ensuring it achieves net zero by 2050. Experts, government officials and stakeholders, recently converged on Lagos at a summit to ponder on prevention and mitigation of climate change in the state. At the event, an environmentalist, Prof […]
Niger’s military ruler proposes 3-year transition, warns against attack
Niger’s new military ruler said Saturday a transition of power would not go beyond three years, and warned that any attack on the country would not be easy for those involved. “Our ambition is not to confiscate power,” General Abdourahamane Tiani said in a televised address, adding that an attack on Niger would not be […]
US appeals court backs abortion pill restrictions; Supreme Court appeal planned
Access to the abortion pill mifepristone must be restricted, a U.S. appeals court ruled on Wednesday, ordering a ban on telemedicine prescriptions and shipments of the drug by mail, though the decision will not immediately take effect. The New Orleans-based 5th U.S. Circuit Court of Appeals stopped short of ruling that the drug must be pulled off the market […]
FG evaluates Nigeria’s health security capability
The Federal government has begun the second evaluation of the nation’s health security potential through the Joint External Evaluation, JEE, for the core competencies of the International Health Regulations, IHR. Nigeria is the second country in Africa and third globally to conduct an evaluation of its health security capability. In a statement, the Nigeria Centre […]
NIMASA intervenes, investigates collapsed oil rig
In a bid to reduce the number of casualties at the collapsed rig ‘Majestic’ belonging to Depthwize Nigeria Limited, and rented by Seplat Petroleum, the Nigerian Maritime Administration and Safety Agency, NIMASA, has sent a search and rescue team to accident scene. Meanwhile the Agency is also investigating the incidents, which it said occurred in a […]
20,000 Nigerians set for digital empowerment as Google announces N1.2bn initiative
Google, through its philanthropic arm, has announced a N1.2 billion grant to “Mind the Gap”, an initiative that aims to equip 20,000 Nigerian women and youth with vital digital skills. The investment aligns with the Federal Government’s ambitious commitment to create one million digital jobs. The program will offer training in diverse areas such as […]
Types of Panic
Janet Adeyemo From the lady who jerks at the sound of the creaking door to the man whose heart skips when he meets his wife scan through his phone. Panic, an overwhelming fear, is a constant reminder of the humane attribute existent in you. No need to panic when you experience panic. Read that again. […]
Stock market records marginal gain
The Nigerian stock market last week recorded marginal gain fueled by MTN Nigeria Plc and other banking stocks. This is coming as investors continued to reposition their portfolios based on the assessment of some companies’ half year 2023, H1’23, earnings report. Precisely, the Nigeria Exchange Limited, NGX, All- Share Index, ASI, recorded a 0.2% gain to […]
ELECTRICITY: Niger, Togo, Benin owe Nigeria N12.6bn in Q1’23
Amidst growing tension between Nigeria and its northern neighbour, Niger Republic, official report has indicated that Niger together with Togo and Benin Republic indebtedness to Nigeria on electricity supply has hit $16.11 million (about N12.60 billion) as at first quarter of 2023 (Q1’23). This is even as the revenue remittances of the Distribution Companies of Nigeria, […]