Day: July 6, 2024

‘4th Time In 7 Months,’ National Grid Collapses Again

Aliyu Aliyu

The electricity transmission network also known as national grid has experienced another collapse, leading to a nationwide blackout, Platforms Africa reports. This leading news media reports that the latest incident is the fourth major system collapse in the last seven months. The system has recorded a few other itches in-between. Confirming the blackout in a statement on Saturday, the Abuja Electricity Distribution Company (AEDC) said the power outage being experienced within its franchise is due to a system failure from the national grid. “Please be informed that the power outage…

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Miserable Life Of Envious People, By Tola Adeniyi

ADEOLA YUSUF

Envy and jealousy, according to psychologists, are complex emotions that have fascinated writers, poets, and thinkers for centuries. While they are often portrayed negatively, they also offer insights into human nature and relationships. Experts say envy arises when we desire something that someone else possesses. It is a feeling of discontent or resentment triggered by another person’s success, possessions, or advantages. Unlike jealousy, which involves a fear of losing what we already have, envy focuses on what we lack. Envy can be both motivating (spurring us to improve) and destructive…

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ASUP Faults NBTE’s Schemes Of Service For Polytechnics

ADEOLA YUSUF

The Academic Staff Union of Polytechnics has faulted a document, titled: “Schemes of Service for Polytechnics,” released by the National Board for Technical Education. Shammah Kpanja, ASUP President, said this at the end of the 110th National Executive Council meeting of the union. Addressing newsmen after the meeting in Abuja on Friday, Kpanja said the scheme contained significant and fundamental deviations from the document prepared by stakeholders in the sector and coordinated through a series of consultative engagements by the NBTE for over six years. He said the NEC faulted…

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How Nigerian Binance Users Transact Business Using Fictitious Names – CBN

ADEOLA YUSUF

Olubukola Akinwumi, a Deputy Director at the Central Bank of Nigeria, on Friday explained how Nigerians trading on Binance Holdings Limited’s platform use false names in the transactions. Akinwumi is the Economic and Financial Crimes Commission’s Prosecution Witness 2 in the ongoing trial of Binance. The trial, before Justice Emeka Nwite of a Federal High Court, Abuja, also included a Binance executive, Tigran Gambaryan. The News Agency of Nigeria (NAN) reports that the EFCC had filed a five-count charge against Binance and Gambaryan (1st and 2nd defendants) bordering on money…

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NNPC Foundation Commences Business Pitching Assessment For Corps Members

Ganiyu Amodu

. Backs FG’s Vision to Combat Graduate Unemployment   The NNPC Foundation has commenced business pitching assessments for 2,659 corps members trained by the foundation, aiming to support their businesses through the distribution of start-up packs. The Managing Director of the NNPC Foundation, Mrs. Emmanuella Arukwe, stated that this empowerment initiative is part of the foundation’s efforts to tackle post-graduation youth unemployment and help young graduates become economically self-sufficient. During the opening ceremony of the Foundation’s business pitching assessment for eligible NYSC members in Abuja on Thursday, Arukwe emphasized that…

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Davido Wanted To Make Me His Sex Slave — Sophia Momodu

Abibat Babalola

Sophia Momodu, mother of the daughter of Nigerian singer, David Adeleke, popularly known as Davido, has told a Lagos State High Court sitting in Sabo, Yaba not to grant the child’s custody to the musician. Sophia Momodu told the court on Friday that the applicant was not fit to be granted custody of their daughter. She said this was because he is always not available and does not possess the ability to dutifully care for her. She stated this in a counter-affidavit she filed in opposition to Davido’s suit seeking…

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Competition, Fiscal Incentives’ll Drive Deep Water Projects’ Cost – TotalEnergies

Ganiyu Amodu

TotalEnergies says good fiscal incentives, and competition will drive costs down the cost of production in the oil and gas sector, especially in the deepwater. It stated that the deep water segment in Nigeria has been stuck for 10 years In a bid to move the deep water projects of the Nigerian oil and gas sector forward, Country Chairman and Chief Executive Officer of TotalEnergies EP Nigeria Limited, Mathieu Bouyer stated this has therefore called on the Federal Government to ensure good fiscal incentives and healthy competition that will drive…

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Nigeria Just Signed Samoa Agreement. Here’s What To Know About The Deal

Abibat Babalola

The Federal Government yesterday defended the SAMOA Agreement, saying it was signed in the interest of Nigeria. The Minister of Information and National Orientation, Mohammed Idris, who clarified a statement in Abuja, said: ”On June 28, 2024, Nigeria signed the Samoa Agreement at the Organisation of African, Caribbean, and Pacific States, OACPS, secretariat in Brussels, Belgium. ”The partnership agreement is between the EU and its member states on one hand, and the members of the OACPS on the other. ”Negotiations on the agreement started in 2018, on the sidelines of…

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21 LGAs In 10 states, Federal Capital Territory Submerged In Flood — Nigeria Govt

Abibat Babalola

The Federal Government said yesterday no fewer than 21 local government areas in 10 states and the Federal Capital Territory, FCT, have been submerged by flood as a result of torrential rainfall in the past few days. The Minister of Water Resources and Sanitation, Engr Joseph Utserv, who disclosed this, along the Minister of State for Water Resource and Sanitation, Bello Goronyo, and the Director General, Nigeria Hydrological Services, NIHSA, at a briefing in Abuja, said some states had started experiencing varying levels of flooding and its associated disasters as…

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