The Federal Competition and Consumer Protection Commission (FCCPC) has identified hoarders of grains as major contributors to Nigeria’s food inflation. At a town hall meeting in Kano, Executive Vice Chairman/CEO Tunji Bello stated that investigators found unscrupulous produce merchants mop up newly harvested grains, creating artificial scarcity and endangering national food security. “Without caring for the consequences of their action on fellow countrymen and women, some of these unscrupulous actors go as far as taking some of the food items they had mopped up from the farmers or the markets…
Read MoreDay: October 24, 2024
Three Dead In Port Harcourt Helicopter Crash
Three persons have been confirmed dead in a helicopter crash that occurred in Port Harcourt, the Rivers State capital, on Thursday. The accident occurred at 11:22 a.m. along the waterways in Port Harcourt when the helicopter, a Sikorsky SK76 with registration 5NBQG and operated by East Wind Aviation, was en route from Port Harcourt Military Base (DNPM) to the Nuimantan oil rig. A total of eight persons were confirmed on board, said a spokesperson for the Ministry of Aviation and Aerospace Development, Odutayo Oluseyi. The aircraft ditched into the waters…
Read MoreNon-Performing Loans In Banks Hit 5.1% – World Bank
The World Bank has revealed that non-performing loans across Nigerian banks have reached an alarming 5.1 percent, according to a report. The Nigeria Development Update published by the global apex bank disclosed that the ratio of NPLs to total loans increased by 0.6 percent to 5.1 percent in the first quarter (Q1) of 2024, compared to Q1 2023. “This ratio is marginally above the prudential benchmark of 5.0 percent,” it said. Non-performing loans are those whose obligation to pay or service has not been met by the debtor at the…
Read MoreNERC, ANEED, UNILAG VC Open Up On Varsities, DisCos Power Tariff Bickering
At EWAN Summit, Stakeholders’ Link Quality Education To Stable Power Supply as group’s Chairman gives reason EWAN brought ‘feuding’ power regulator, DisCos and education community face-to-face over Band A, power tariff Stakeholders from the education, energy, communication, and financial sectors say availability of affordable and stable power supply is essential in the delivery of Impactful education to all who yarn for knowledge. PLATFORMS AFRICA reports thatethe speakers at the 2024 annual summit of the Education Writers’ Association of Nigeria, EWAN, gave the submission in Lagos while speaking on…
Read MoreTwo American Varsities Hold Discourse On Bobrisky
“The “rubbish” has now migrated to the realm of scholarship,’ Nigerians react to the ‘Being And Becoming Bobrisky’ academic discourse by scholars at the African Studies Centre, University of Michigan, and at the University of Kansas, in the United States of America The University of Michigan and the University of Kansas, in the United States of America, have rallied Professors and scholars of African Studies, law and other disciplines for an academic discourse on Nigerian controversial crossdresser, Bobrisky. Platforms Africa reports that Bobrisky known from birth as Idris Okuneye,…
Read MoreWorld’s Strongest Man And Shot Put Great, Geoff Capes, Is Dead
. He was 6ft 5.5in tall and weighed 170kg in his physical prime Geoff Capes, the British shot put record holder and two-time world’s strongest man, has died aged 75. Capes set the record for the longest shot put by a British man with a distance of 21.68m in 1980. In a statement, Capes’ family said: “The family of Geoffrey Capes would like to announce his sad passing today, 23rd October. “Britain’s finest shot putter and twice world’s strongest man.” Capes had an illustrious career, twice winning gold in…
Read MoreOTL Africa Deepens Public-Private Dialogue, Rallies Stakeholders For 2024 Confab
. 18th Energy Week to focus on “Alliances for Growth” in oil & gas midstream, downstream sectors as key stakeholders from Senegal, Ghana set to join in expanding regional collaboration The 18th edition of the OTL Africa Downstream Energy Week, themed “Alliances for Growth,” will take place from October 28 to 31, 2024, at the Oriental Hotel, Lagos, furthering its legacy of fostering public-private dialogue, driving industry advocacy, and shaping the future of the downstream energy sector. The 2024 edition is expected to further strengthen collaboration between industry players,…
Read MoreTogo Has Taken Up Challenge To Revive Pan-Africanism, By Francis Kokutse
“Togo’s minister of foreign affairs and African integration, Prof Robert Dussey says, it took the hug of a Black Brazilian couple to jolt him into action.” After the last Pan-African Congress in South Africa in 2014, nothing much has happened, and it seemed everyone went to sleep, but thanks to the Togolese President, Faure Gnassingbe, there is a renewed determination to bring back Pan-Africanism among Africans and Black people in the diaspora. Accordingly, Togo is preparing to host the 9th Pan-African Congress. For many who do not understand…
Read MoreReduce Cooking Gas Price, Stop Product’s Export, Minister Orders NMDPRA, NNPCL
LPG prices have continued to fluctuate, recently soaring to N1,500 from an average of N1,100 – N1,250 per kg Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, has expressed deep concern over the continuous increase in the price of Liquefied Petroleum Gas (LPG), popularly known as cooking gas in the country. Recall that in a bold move to tackle the soaring price of cooking gas, the Gas Minister had established a high-level committee in November 2023, led by the Authority Chief Executive of the Nigerian Midstream Downstream Petroleum…
Read More5 African Countries Where Snows Fall
“A challenge to the narrow perceptions many hold about Africa.” The belief that Africa is a continent of dry seasons is just a misconception as there are countries in Africa where snows are no surprises. These countries, located at higher altitudes or further from the equator, show that Africa’s geographical diversity also extends to its climate. 10 Africans Who Are Richer Than Many Countries In The Continent 421 TV, Radio Stations In 16 African Countries Are Being Tracked Team Lead Platforms Africa, Adeola Yusuf, Delivers Olabisi Onabanjo Varsity’s…
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