Nigeria Electricity Generating Companies (GenCos), has been allege to sell electricity to neighbouring countries at a lower cost than the Distribution Companies (DisCos), in Nigeria sells. A report by the Nation claims to have obtained a document over the weekend posited. Although the document did not show the price difference, but however maintained the errant GenCos were carrying “unregulated sales or secret deals” to earn foreign exchange at all cost” and in defiance of an existing Federal Government directive. The GenCos are also said to be sidelining the Nigerian Bulk Electricity Trading Plc (NBET), a government agency in charge of the…
Author: Govima
Govima
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A report by the News Agency of Nigeria has credited The Federal Road Maintenance Agency (FERMA), with plans to embark on fixing 36,000km roads with potholes and intervene in the repair of failed roads nationwide as the rainy season sets in. The statement was made by the acting Managing Director, FERMA, Mr. Godson Amos via an interview with Agency on Sunday in Abuja. According to him, the intervention was necessitated because of the need to ameliorate the hardship and delays road users face daily. He was optimistic that the intervention would be acheived within six weeks of the commencement and…
Twelve countries across different regions in Africa are set to receive 18 million doses of the first-ever malaria vaccine over the next two years. The roll out is a critical step forward in the fight against one of the leading causes of death in the Continent. The allocations have been determined through the application of the principles outlined in the Framework for allocation of limited malaria vaccine supply that prioritizes those doses to areas of highest need, where the risk of malaria illness and death among children are highest. Since 2019, Ghana, Kenya and Malawi have been delivering the malaria vaccine…
President Bola Tinubu (GCFR), has praised the decision of his Senegalese counterpart, President Macky Sall, not to seek a third term in office after the end of his tenure. Dele Alake Special Adviser to the President Special Duties, Communications and Strategy made this known on Friday. There had been protests in Senegal in the past few weeks following speculations about a third-term ambition of President Sall, who is moving towards the end of his second term in office. Sall is due to complete his second term of office in 2024. President Sall on Monday told the people of Senegal, a…
President of the Federal Republic of Nigeria, Bola Tinubu has consented to the establishment of a Committee on Fiscal Policy and Tax Reforms. Dele Alake, the Special Adviser to the President on Special Duties, Communications and Strategy, disclosed this in a statement on Friday, that the committee will be chaired by Fiscal Policy Partner and Africa Tax Leader at PriceWaterhouseCoopers (PwC), Taiwo Oyedele. Accordingly, the committee comprises experts from both the private and public sectors and will be responsible for various aspects of tax law reforms, fiscal policy design and coordination, harmonization of taxes and revenue administration. The Special Adviser…
The vessel’s construction commenced in April 2022, and is now eagerly awaiting its inaugural voyage, scheduled to depart from Miami on January 27, 2024. The Icon of the Seas will be based in Miami until at least April 2025, offering seven-night cruises to the Caribbean. The world’s largest ship called “Icon Of The Seas” is about to set sail in January 2024. The ship manufactured in Finland by a ship making company called Royal Caribbean International will carry 5,610 passengers and 2,350 crew members. The Icon Of The Seas is 5 times bigger and heavier than the Titanic, weighing 250,800…
The Federal High Court sitting in Abuja has on Thursday July 6, 2023 granted bail to DCP Abba Kyari on charges bordering on money laundering. Apart from money laundering charges, Kyari is also facing a primary charge of cocaine trafficking, for which he has been denied bail. One of his lawyers, Hamza N. Dantani, shared the news of the court granting Kyari bail on the money laundering charges on his Facebook page on Thursday. He wrote: ”Alhamudullhi! Abba Kyari’s Bail Granted by Federal High Court Abuja today. Worthy of note is Kyari’s trial, which was centres around the $61,400 cash…
The President of the Federal Republic of Nigeria, Bola Ahmed Tinubu has appended is signature on four Executive Orders of law to curb arbitrary taxation policy in the country. Dele Alake, Special Adviser to the President on Special Duties, Communication and Strategy, announced the policy directives on Thursday during an interactive session with State House Correspondents. Among the Executive Orders signed into law by the President, includes the Finance Act (Effective Date Variation), Order, 2023, has now deferred the commencement date of the changes contained in the Act from May 23, 2023 to September 1, 2023. This is to ensure…
Right will never be wrong, no matter how unacceptable we may feel about it, and wrong will never be right, no matter how comfortable it makes us feel. When we’re well done, our mind nudges us that we have contributed our quota to making things right over whatever the situation may be that we find ourselves. So also, when we take the evil fence, our conscience do prick and score us within our mind. Even the most wicked of humans on earth have conscience, we only deny the truth it tells us, depending on whose servant we are. Everyone of…
The Academic Staff Union of Universities (ASUU), has frown at the decision by the National Universities Commission to review 70 percent of the Core Curriculum Minimum Academic Standards. The union expressed its displeasures in a statement on Friday, where it described the reviewed curriculum as nightmarish. ASUU said the curriculum represents a threat to quality university education and is capable of eroding the powers of the university Senate in Nigerian universities. According to the ASUU’s National President, Prof. Emmanuel Osodeke, it beats the imagination that NUC would pre-package 70 per cent of the CCMAS contents and try to impose it…
To stay in the race of messaging platforms as a tough competitor, Telegram has launched its’ 12th update with host of features that helped in making the application more interactive and stay neck-to-neck with market rival, WhatsApp. Among the list of features is one that adds a touch of exclusivity to Telegram. Telegram rolled out a new feature that allows users to translate the messages into the language of their choice. Moreover, the translation will be done within the user interface of the application, making it an accessible function to use. The in-app translator instantly translates the messages into your…
Lekki Deep Seaport comes to life as has it welcome the arrival of Rimbaud, the first trans-shipment vessel to call at the container terminal. The port management stated on Friday via Twitter: “CMA-CGM RIMBAUD vessel has sailed all the way from the Far East to Lekki Port. It has an LOA of 270m, a breadth of 42.8m and 6,900 TEUs capacity. “The transhipment volume on the vessel is 411 TEUs and the eventual destination will be Cotonou on July 6th 2023. “We are proud to actualize the objective of the Nigerian Ports Authority and the Federal Ministry of Transport to…