President Bola Ahmed Tinubu has directed the Federal Ministry of Industry, Trade and Investment, through the Bank of Industry (BOI), to extend its single-digit interest-rate financing to media organizations in the country. This was disclosed in a statement by Rabiu Ibrahim, the Special Assistant (Media) to the Minister of Information and National Orientation. The Minister of Information and National Orientation, Mohammed Idris stated this in Abuja on Wednesday when he received members of the Independent Broadcasting Association of Nigeria (IBAN) on a courtesy visit to his office. According to him,the…
Read MoreDay: May 16, 2024
Be Good Ambassadors of Lagos, Sanwo-Olu Bids 1,800 State Pilgrims Goodbye
. Lagos Gov takes over payment of sacrificial goats, spiritual clothing, and visits to holy sites for state pilgrims in Saudi Arabia The Lagos State governor, Babajide Sanwo-Olu, has charged 1,800 Hajj pilgrims from the state to be good ambassadors of Nigeria and the state. Platforms Africa reports that the governor said this at the one-day seminar for 2024 hajj intending pilgrims in Lagos held at LTV Blue roof, Agidingbi, Ikeja. READ ALSO: Six Worshippers Dead, Police Confirme Kano Mosque Bomb’s Fatalities Four Casualties As Rainstorm Destroys OAU…
Read MoreSweden Moves To Return 39 Stolen Benin Artefacts
The Swedish government has resolved to return 39 pieces of Benin Artefacts in her Museum to the Oba of Benin, Ewuare II. The action followed the Federal Republic of Nigeria Gazette No. 57, Volume 110 at pages A245-247 issued on March 23rd, 2023, which recognized ownership and vesting Custody and Management of repatriated Benin Artefacts in the Oba of Benin. The Swedish Ambassador to Nigeria, Her Excellency Annika Hahn-Englund, conveyed the Swedish government decision when she paid a courtesy visit to the Oba of Benin Palace in Benin City, Edo…
Read MoreGbarain Power Plant Will Be Resuscitated Soon, Says NDPHC
Managing Director of Niger Delta Power Holding Company (NDPHC), Mr. Chiedu Ugbo on Tuesday, says Gbarain Power Plant will soon become operational. Ugbo spoke on Tuesday while addressing members of the House of Representatives Committee on Power who were on an oversight visit to the plant that cash flow constraint was the major issue that delayed the resuscitation of the Power Control Module that got burnt. He said,when he came on board in 2016, Gbarain Power Plant was still a construction site. He added:”We had to put a unit to…
Read MoreFuel Subsidy Removal, Devaluation Push Nigeria’s Inflation Rate To 33.69%
Nigeria’s inflation rate hits i33.69 per cent in April 2024, up from 33.20 per cent in March. The National Bureau of Statistics (NBS) report released Wednesday showed that the food and non-alcoholic beverages category continued to be the biggest contributor to inflation. Food inflation, which accounts for the bulk of the inflation basket, reached 40.53 per cent in annual terms, against 40.01 per cent in March. The galloping inflation is attributed largely to President Bola Tinubu administration’s removal of subsidy on petrol and naira devaluation due to foreign exchange rates…
Read MoreSix Worshippers Dead, Police Confirme Kano Mosque Bomb’s Fatalities
The police command in Kano State on Wednesday confirmed six persons dead in a mosque fire attack at Gadan village in Gezawa Local Government Area of the state. The Commissioner of Police, Mr Usaini Gumel, told the News Agency of Nigeria (NAN), in a telephone interview, that six out of the 24 victims of the fire attack died on Wednesday night. NAN reports that the police arrested a 38-year-old man, Shafi’u Abubakar, in connection with the incident. READ ALSO: Four Casualties As Rainstorm Destroys OAU Amphitheatre Roof ‘It’s A Friendly…
Read MoreFour Casualties As Rainstorm Destroys OAU Amphitheatre Roof
It rained ‘everywhere, Nigerians count loses as rainstorm affects more states Rainstorm has caused the roof of Obafemi Awolowo University’s amphitheatre to collapse during a class session, injuring four students. According to an eyewitness, The Great Ife, who tweets as #IfeCampus, wrote , “There was a whirlwind that collapsed the covering inside Amphi theatre. Four people have been rushed to the hospital as of 8:45am READ ALSO: ‘Rains Are Here,’ 4 Tips On Common Sicknesses And How To Prevent Them N615k To N48k: Govt Slashes Mimimum Wage Proposal,…
Read More”Friendly Fire’, Israel Kills Five Own Soldiers In Gaza
. Fresh killing Ups Number of Fatality Among Israeli Soldiers in Gaza To 278 The Israeli military said Thursday that friendly fire had killed five soldiers the previous day in the northern Gaza Strip, where intense fighting in the Israel-Hamas war has resumed in recent days. Asked to confirm media reports that the five fatalities announced earlier in an official statement were caused by Israeli fire, a military spokesperson told AFP: “Yes.” Five soldiers had been killed in the northern Gaza Strip, where intense fighting has resumed…
Read MoreHow 3 Gas Projects I commissioned Will Benefit You – Tinubu To Nigerians
Gas supply will grow by 25 per cent in the coming weeks, in line with the renewed hope agenda of the Federal Government, to utilise Nigeria’s abundant gas resources towards revamping the nation’s industrial growth, and kickstarting its economic prosperity. President Bola Tinubu disclosed this while commissioning three critical gas infrastructure projects executed by NNPC Limited and its partners in Ohaji-Egbema, in Imo State and Kwale, in Delta States, on Wednesday. The three projects commissioned include the expansion of the AHL Gas Processing Plant, the ANOH Gas Processing Plant and…
Read MoreIt’s True; Shettima Confirms Tinubu Approved N90bn To Subsidise 2024 Hajj
Vice-President Kashim Shettima says President Bola Tinubu approved N90 billion to subsidise the cost of the 2024 hajj pilgrimage. Shettima spoke on Wednesday during the 2024 inaugural hajj airlift at the Sir Ahmadu Bello International Airport in Birnin Kebbi, Kebbi capital. About 430 pilgrims from the state are scheduled to depart for Saudi Arabia today. You may recall that this year, we had a major challenge in announcing the final hajj fare for the 2024 Muslim pilgrimage due to fluctuation in foreign exchange rates,” NAN quoted Shettima as saying. “President…
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