The Federal Government has obtained a $500 million loan from the World Bank to strengthen Nigeria’s power distribution network. This was announced by the Bureau of Public Enterprises in a statement issued in Abuja by the Head of Public Communication, Amina Othman on Thursday. In the statement, the BPE announced that the loan has been obtained to address the numerous difficulties facing DisCos in the nation. “In a strategic move to address the identified gaps in the electricity distribution companies, the Federal Government of Nigeria has secured a $500m loan from the World Bank,” BPE stated. “Approved on February 4,…
Author: Akintayo Adams
The Oyo State Government has given the green light to change the names of two state-run higher education institutions. This decision was made during the State Executive Council meeting on Tuesday. The institutions affected are the Oyo State College of Nursing and Midwifery and the Oke Ogun Polytechnic, Saki. The government has sent the legislative process for the name changes to the House of Assembly. Commissioner for Justice, Abiodun Aikomo, said the regulatory body requested the renaming of the College of Nursing and Midwifery. The Polytechnic in Saki will be renamed to honor former Secretary to the State Government, Chief…
The Supreme Court has scheduled June 13 to hear a suit filed by the Federal Government against the 36 state governors over alleged misconduct in managing local government affairs. Justice Garba Lawal set the date while ruling on an application for abridgment of time, argued by Lateef Fagbemi, SAN, to allow all parties sufficient time to file and exchange their documents. He ordered the 36 state governors to file their defenses in the suit brought by the federal government, which seeks full autonomy for the 774 local governments in the country. Justice Lawal, leading a seven-member panel of the Supreme…
Ahmed Musa has urged his Super Eagles teammates to give their best effort in the upcoming 2026 FIFA World Cup qualifiers against South Africa and Benin. Musa emphasized the importance of winning these two games, especially after a slow start in the qualifiers. ”Everyone knows the importance of both games, the players understand what’s at stake and I will want them to go all out and win both games,” he told SCORENigeria. “I am upbeat they will do this.” The Super Eagles will host South Africa’s Bafana Bafana in Uyo on Friday, June 7, before flying to Abidjan three days…
President Bola Tinubu has assured that Nigeria will overcome its security challenges. Tinubu, represented by the President of the Senate, Godswill Akpabio, gave this assurance while inaugurating the Headquarters of the Defence Intelligence Agency (DIA) on Thursday in Abuja. The President expressed his confidence, citing the unwavering commitment of the members of the Armed Forces of Nigeria and the intelligence agencies, including the Department of State Services (DSS), National Intelligence Agency (NIA), and the DIA. The President stated that securing every part of the country is a priority and a sacred duty for his administration. He emphasized that the DIA…
Popular singer Teniola Apata, known as Teni, has responded to the change of Nigeria’s national anthem. On Wednesday, President Bola Tinubu signed the National Anthem Bill 2024 into law, reinstating the old anthem, “Nigeria, We Hail Thee.” Reacting to the change, Teni said she would miss the replaced anthem, “Arise, O Compatriots.” She noted that she made so many childhood memories with the former anthem. On her X handle, Teni wrote: “Arise o compatriots, I’ll miss you, thank you for so many childhood memories. till we meet again, love SM.” Get instant and latest news updates via Our WhatsApp Community or Google News online…
President Bola Tinubu on Thursday emphasized his administration’s commitment to succeed and ensure the happiness of Nigerians. Tinubu highlighted that the primary goal of his administration is to ensure that Nigerians achieve prosperity. He made these remarks during the inauguration of the Wuye Bridge interchange, connecting Wuse and Wuye districts in the Federal Capital Territory, FCT. According to Tinubu: “The best way to achieve greatness is to look forward, aspire for great results, and not be hindered by obstacles. We must see opportunities in obstacles and seize them. “This facility enhances the security of our people, making them the central…
The growth rate of Nigeria and other West African nations is expected to increase from an estimated 3.6 percent in 2023 to 4.2 percent in 2024 and 4.4 percent in 2025. Kevin Urama, the Vice-President and Chief Economist of the African Development Bank (AfDB), mentioned this during Thursday’s presentation of the African Economic Outlook 2024. According to the News Agency of Nigeria, the report was launched during the bank’s ongoing 2024 Annual Meetings in Nairobi, Kenya. The theme of the meeting is “Driving Africa’s Transformation: The Reform of the Global Financial Architecture.” ”Growth is projected to pick up in West…
Kimberly-Clark intends to shut down its production facility in Nigeria. This, according to an insider is due to declining production caused by challenging economic conditions. “Our first two years were fantastic in terms of sales growth and market shares within the diaper industry. Fast forward to late 2022 and 2023 were really bad years for the coy due to the economic situation,” the source disclosed. “Earlier this year, the coy had to downsize to 2 shifts from 4 shifts. We run 24 hours 7 days and 365 days before but currently, we don’t run on Friday, Saturday, and Sunday anymore…
A policeman in Bayelsa State has killed a driver named Benalayefa Bako Asiayei, allegedly because he refused to pay a ₦200 bribe. The incident occurred along Azikoro Road in Yenagoa, the state capital. The driver’s death has drawn condemnation from the public and human rights groups. The trigger-happy policeman, who is part of the special patrol team in the state’s Operation Doo Akpo, has not been identified at the time of this report. The late Asiayei, a 40-year-old father of three, was an electrician who used his car for commercial purposes in the evenings to earn extra income for his…