At least eight states failed to attract any foreign investments but piled up N194.09bn debt between 2019 and 2022, according to findings by The PUNCH. Data from the Capital Importation reports of the National Bureau of Statistics revealed that Bayelsa, Gombe, Ebonyi, Jigawa, Kebbi, Taraba, Yobe and Zamfara did not attract any foreign investments to their states. However, data from the Subnational Debt reports of the Debt Management Office showed that these states had a combined debt of N710.38bn in 2019. By 2022, the combined debt of these eight states had…
Read MoreTag: Jigawa
National Grid Hasn’t Collapsed This Year – Minister
The Minister of State for Power, Goddy Jedy-Agba, has said the national grid has not collapsed this year. He said the country has only experienced disruptions, not collapse. Mr Jedy-Agba stated this on Thursdsy when he appeared before the House of Representatives Committee on Power investigating the frequent collapse of the national grid. READ ALSO: Pelican Valley Boss, Tunde Adeyemo, Pens Emotional Tribute For Wife At 40 Celebrating Yakubu Gowon, “Last Good Man Standing” at 88, By Mayowa Afe Cristiano Ronaldo Gets Zero Votes As Ballon D’Or Voting Breakdown Released…
Read MoreAvoid Trips To Nigeria, Australia Warns Citizens
The Australian government has warned its citizens to avoid travelling to Nigeria over the recent flooding that has ravaged some parts of the country. According to its travel advisory on the consulate’s website on Wednesday, over 20 states including Abuja, the nation’s capital were listed for Australians to avoid. The country also listed terrorism, kidnapping and other criminal activities as reasons for its nationals to reconsider making trips to the most African populous country. READ ALSO: Ukraine Removes Ambassador To Kazakhstan After Row With Moscow 45,000 litre Fuel Tanker Explodes…
Read More