Amid the nationwide concern over the deteriorating power supply, The Minister of Power, Adebayo Adelabu, has announced plans to summon the Chief Executives of Abuja Electricity Distribution Company (AEDC) and Ibadan Electricity Distribution Company (IBEDC) over the worsening power supply in their respective regions. The Managing Director of the Transmission Company of Nigeria (TCN) has been summoned to discuss the deteriorating power situation. In a statement issued by his media aide, Bolaji Tunji, Minister Adelabu stated the severity of the situation, stating that “wilful non-performance by any DisCo could suffice as a reason for severe punishment or outright license…
Author: Omolemi Eboisetale
In the wake of a disturbing communal clash between Ibeno, Eket, and Esit Eket Local Government Areas in Akwa Ibom State, Governor Umo Eno has issued a stern warning against those perpetrating violence and fanning the flames of disunity. The Governor, accompanied by top security officials and key stakeholders, visited the conflict-stricken area to assess the extent of damage and offer support to affected communities. “I have credible intelligence on those who are sponsoring our young people to go out and cause this mayhem,” Governor Eno declared, emphasizing the government’s determination to bring perpetrators to justice. He urged political leaders…
The House of Representatives has reiterated its commitment to working alongside Non-Governmental Organizations (NGOs) and Civil Society Organizations (CSOs), emphasizing the importance of regulating their activities. Chairman of the House Committee on CSOs and Development Matters, Rep. Victor Obuzor (PDP-Rivers), affirmed this stance during a meeting with CSOs and development partners in Abuja. He clarified that the recent bill aimed at regulating NGO activities was still in its early stages, having only undergone the first reading. Obuzor assured stakeholders that the bill would undergo further consultation and scrutiny, as it was temporarily stepped down by the Speaker for additional input.…
In a recent interview On Thursday with NBC News, Republican presidential candidate Nikki Haley spoke about the urgency of resolving former President Donald Trump’s legal cases before the upcoming presidential election. “I think all of the cases should be dealt with before November,” Haley said during the interview, held in Falls Church, Virginia, where primary ballots are set to be cast. She expressed her belief that clarity on Trump’s legal standing is imperative before the presidency changes hands, suggesting that postponing resolutions could hinder due process. “We need to know what’s going to happen before it, before the presidency happens,…
President Bola Ahmed Tinubu through a statement issued by Chief Ajuri Ngelale, the Special Adviser to the President on Media & Publicity, appointed a new management team for the FGN Power Company Limited. The statement read, “In recognition of the critical role of power supply in driving enterprise and industrial development, and as a part of comprehensive efforts to reform the power sector and ensure energy security for all Nigerians,President Bola Tinubu has approved the appointment of new members of the management team of the FGN Power Company Limited. Managing Director/Chief Executive Officer (CEO) – Kenny Osebi Anuwe (reappointed) Company…
The Managing Director/CEO of Pinnacle Oil and Gas Limited, Mr. Robert Dickerman during the Nigeria International Energy Summit (NIES), disclosed that Nigeria is currently spending around 1 trillion Naira every month on petrol subsidies. He said, “Foreign investors, foreign lenders and government-run DFIs have been very clear about what they want to see: Conservative fiscal policy, tackling corruption, enabling competitive markets, and enforcement of fairness in markets through policy, regulation and the ability to enforce contracts. Keeping that context in mind, I want to point out that there is still a massive subsidy in PMS, albeit in the FX…
The Enugu State Police Command has released important information regarding the ongoing 2022 Recruitment of Police Constables, announcing the dates and venues for the Computer-Based Test (CBT) for General Duty applicants. According to the Command’s spokesperson, DSP Daniel Ndukwe, successful applicants who passed the physical and credentials screening will undergo the CBT on Tuesday, March 5, and Wednesday, March 6. The designated centres for the CBT exercise include Coal City University CBT Centre, Enugu State College of Education (Technical), and Foretrust Digital Learning Management Centre, among others. Applicants are urged to visit the recruitment portal to access and…
Amidst Nigeria’s ongoing power crisis, exacerbated by mounting debts and dwindling gas supplies, the Federal Government has cleared $120 million from its $1.3 billion indebtedness to gas companies. This occurs while the country struggles with extensive blackouts caused by a reduced gas supply to power-generating plants across the country. The Minister of Power, Chief Adebayo Adelabu, highlighted the link between the country’s power generation and its reliance on thermal power plants fueled by gas. He revealed that the recent slump in power generation since January was a direct result of gas suppliers halting deliveries due to unpaid debts from power-generating…
The Central Bank of Nigeria (CBN), has revoked the licenses of 4,173 Bureaux De Change (BDC), operators due to their failure to comply with regulatory requirements. This announcement was made through a statement by the CBN’s Acting Director of Corporate Communications, Sidi Ali Hakama, has reverberated throughout the financial sector, sparking discussions on regulatory compliance and industry oversight. To revoke these licenses stems from the failure of the affected BDC operators to adhere to the regulatory provisions outlined by the CBN. Such as the timely payment of necessary fees, including license renewal fees, and the submission of required returns in…
The deadly Gaza aid convoy incident has ignited a wave of international condemnation and cast uncertainty over cease-fire negotiations in the region. On Thursday, scores of Gazans were killed near an aid convoy as Israeli troops allegedly opened fire on a crowd of Palestinians. Conflicting accounts emerged from Israeli military officials and Palestinian witnesses, highlighting the challenges of delivering aid to the besieged enclave. Gaza health officials reported over 100 Palestinians killed and 700 injured, with many suffering from gunshot wounds and other severe injuries. The incident has led to a pause in cease-fire talks, with Hamas freezing…
In response to escalating insecurity plaguing the Southwest region of Nigeria, the Ooni of Ife, Oba Adeyeye Ogunwusi, has issued a call to Yoruba traditional rulers, urging them not to forsake the use of supernatural powers in safeguarding their territories against bandit attacks. During the inaugural Yoruba Security Summit convened to address the surge in violence and the tragic killings of royal figures in Ekiti and Kwara states, Oba Adeyeye emphasized the importance of embracing Yoruba cultural traditions for protection. He cautioned against apathy towards supernatural practices, asserting that any monarch disinterested in Yoruba customs should relinquish their throne to…
Americans receiving Social Security benefits are in for a rare treat this week, as some will receive two payments due to specific rules surrounding retirement and disability benefits. The Social Security Administration typically issues payments once a week, but this week, certain recipients will see both retirement and disability benefits hitting their accounts. The schedule for Social Security payments is usually determined by the beneficiaries’ birthdays. However, this month presents a unique scenario. Those who have been receiving benefits since May 1997 or earlier receive their payments on the third day of every month. For others, the payment date is…