Day: April 22, 2022

Expect Blackout, AEDC Tells Abuja Residents

Aliyu Aliyu

Parts of Abuja, Nigeria’s administrative capital, will be in blackout on Saturday. The Abuja Electricity Distribution Company (AEDC), which on Friday, announced this, maintained that the power interruption in some parts of the Federal Capital Territory (FCT) would last for seven hours on Saturday. READ ALSO: Power generation Sheds 735.30 MW, drops 19% to 3,089.30 MW on Easter Holiday BREAKING: 3 Power Lines Collapse, Plunge Abeokuta, Mowe, 4 Ogun Towns In Blackout Nigeria Raked In $72m From Electricity Exports in 2021 Nigeria In Darkness As National Grid Collapses 3rd Time…

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SAD: AIT Popular Journalist Killed in Auto Crash

Abibat Babalola

How we received the sudden death of dedicated, hardworking and gentle colleague, Muhammad Ibrahim, who died during fasting – NUJ Africa Independent Television (AIT) has lost Muhammad Ibrahim, its correspondent in Minna, ina fatal automobile crash. Platforms Africa reports this this was announced in a statement by Daniel Atori, the secretary of the Correspondent Chapel of the Nigeria Union of Journalists (NUJ) in Niger. Atori described Ibrahim as a devout Muslim whose sudden death occured during the fasting m9nth of Ramadan. The statement said the incident occurred within Minna metropolis…

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Nigeria’s Debts Surpass N39.56 Trillion, to Hit 44% of GDP in 5 Yrs

Abibat Babalola

The International Monetary Fund (IMF) has projected that Nigeria’s total public debt will rise steadily to 44.2 per cent of Gross Domestic Product, GDP, by 2027. Platforms Africa reports that already, the debts has surpassed N39.56 trillion Year on Year mark it was in 2021. The IMF gave this forecast in its April Fiscal Monitor, released on Thursday, in Washington, adding that the total fiscal spending of the General Government (Federal and state governments) will widen to 6.4 per cent of GDP this year, 2022, from 6.0 per cent at…

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Oil price rises as OPEC projects steady demand growth

Abibat Babalola

Brent, the global benchmark for crude oil, rose marginally in price on Thursday, as the Organisation of Petroleum Exporting Countries projected that the demand growth for oil would continue this year. Industry figures showed that Brent moved up by $0.77 or 0.72 per cent to $107.57/barrel at about 7.13pm Nigerian time. It had traded around 106.8/barrel the preceding day. In its statement to the International Monetary and Financial Committee meeting of ministers and governors for April 2022 and released on Thursday, OPEC stated that oil prices had been on the…

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2023: I Budgeted N50m for APC Form – Ngige

Precious Ibekwe

The Minister of Labour, Employment and Productivity and presidential aspirant under the All Progressives Congress, Dr Chris Ngige, on Thursday, said he budgeted N50 million for the procurement of the nomination and declaration of interest forms of the APC to contest the presidential election. Ngige said now that the APC had hiked the price tag to N100m, his supporters would support him financially. READ ALSO: Apply With N100m for Job of N56.2m? Nigerians Query APC APC’s N100m Form Shameful, Mockery of Buhari’s Not-Too-Young-To-Run Policy APC Settles For Indirect Primaries To…

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How Petrol Tanker Explosion Killled One, Destroyed Assets in Lagos

Tade Salako

Scoopers at the Toll Gate end caused the fire to spread through some roadside makeshift shops to its source at Ajegunle Bus Stop – Lagos State Fire and Rescue Service   The Lagos State Fire and Rescue Service has given details of how a 45,000 litres laden petrol tanker exploded in Lagos, killing one and destroying millions of property. Director of the agency, Adeseye Margaret, said in a statement to Platforms Africa that though her men successfully combated the Fire outbreak at Ajegunle via Toll Gate Bus Stop, Abeokuta Expressway,…

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Apply With N100m for Job of N56.2m? Nigerians Query APC

Damilola Olonade

    “The annual salary of the President of Nigeria is N14,058, 820: 00k. In four years, it will be N56,235, 280: 00k. I don’t understand how anyone will apply for a job with N100 million just to earn N56,235, 280: 00k.”   Some Nigerians have queued the Nigerian ruling All Progressives Party (APC) for selling its presidential nomination form for N100 million. They queried the modality for someone to procure a form for job he or she will earn N56 million in four years at the rate of N100…

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Russia Slaps Travel Ban on U.S. Vice President, Facebook CEO, Others

Ganiyu Amodu

Travel restrictions includes defence officials, business leaders and journalists from Canada and America. It also includes 29 Americans and 61 Canadians   Russia has slammed travel bans on Facebook CEO, Mark Zuckerberg, US Vice President, Kamala Harris and lots of Americans and Canadians in retaliation for sanctions imposed over Ukraine. The Russian foreign ministry said it would remain in effect indefinitely. The travel restrictions includes defence officials, business leaders and journalists from Canada and America. It also includes 29 Americans and 61 Canadians. READ ALSO: Interfere In Ukraine War, Suffer…

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