“Adeleke is both an alumnus and a former national president of the alumni association of the school established in 1974” full statement by Chair, Anniversary Publicity Committee, Tunde Akanni, PhD The Governor of Osun State, Senator Ademola Adeleke, will join the alumni of Ede Muslim Grammar School and others on Monday to kick off several activities lined up to commemorate the 50th anniversary of Ede Muslim Grammar School. A statement by Tunde Akanni, Chair, Fiftieth Anniversary of EMGS Ede Publicity Committee, showed that Governor Adeleke is both an alumnus and…
Read MoreDay: October 18, 2024
Heirs Energies CEO Calls for Urgent Action to Harness Gas Resources for Nigeria’s Energy Future
…identifies collaboration between GenCos, Transmission, DisCos as key to unlocking Nigeria’s power sector potential Osayande Igiehon, Chief Executive Officer of Heirs Energies Ltd, emphasized the need for timely action in leveraging Nigeria’s gas resources to secure the country’s energy future and drive sustainable development. He also emphasised that by fostering strong collaboration between upstream companies like Heirs Energies and power generation companies, Nigeria can create a seamless value chain that fully unlocks the potential of our natural resources for the prosperity of all Nigerians. Igiehon made this known while speaking…
Read MoreWhy Naira Is Worst Performing Currency, Crashes Further To N1,710/$
Against the backdrop of the abysmal performance of Nigeria’s currency in the international market, financial analysts have indicated that the Naira is still facing more distortions that could further erode its value. Meanwhile the local currency sustained the depreciation trend yesterday hitting N1,710/$ in the parallel market, as against N1,690/$ the previous day. The Naira also faced similar fate in the official market, depreciating to N1,660/$ from N1,659/$ the previous day. READ ALSO: Thumbs-up: Don’t Reverse Fuel Subsidy, Naira Floating – World Bank Hails Tinubu ‘Very Sick’ Kenyan Deputy President…
Read MoreThumbs-up: Don’t Reverse Fuel Subsidy, Naira Floating – World Bank Hails Tinubu
. World Bank chief’s remarks insulting to the millions of Nigerians enduring unprecedented economic hardship – ActionAid Nigeria The World Bank has warned President Bola Tinubu-led Nigerian government not to reverse fuel subsidies and other economic reforms that have exacerbated the cost of living crisis. After Platforms Africa Report, Oil Ministry Director Queried, Minister Disowns Claim The call comes in light of policy changes introduced by the Tinubu’s administration, including the removal of fuel subsidies and the abolition of multiple foreign exchange systems. During the launch of the Nigeria…
Read More‘Very Sick’ Kenyan Deputy President Rigathi Gachagua Impeached
‘His Sins,’ Lawmakers explains constitutional crime “committed” by 59-year-old deputy president In a historic move, the Kenyan Senate has voted to impeach Deputy President Rigathi Gachagua, marking the first time a deputy president has been removed from office since the country’s 2010 constitutional reforms. Platforms Africa reports that his lawyer earlier told the lawmakers that his client was very sick. During a tense session on Thursday, the Senate found Gachagua guilty on five out of the 11 charges leveled against him. The charges included corruption, money laundering, insubordination, ethnic divisiveness,…
Read MoreHow FG, States, LGCs Shared N1.289 Trillion In September – FAAC
The Federation Account Allocation Committee (FAAC), at its October 2024 meeting chaired by the Honourable Minister of Finance and Coordinating Minister of the Economy, Wale Edun, shared a total sum of N1.298 Trillion to the three tiers of government as Federation Allocation for the month of September, 2024 from a gross total of N2.298 Trillion. From the stated amount inclusive of Gross Statutory Revenue, Value Added Tax (VAT), Electronic Money Transfer Levy (EMTL), Exchange Difference (ED and Augmentation of N150.000 billion, the Federal Government received N424.867 Billion, the States received…
Read More