Author: Akintayo Adams

In light of the recent spike in the cost of cement and other building supplies in Nigeria, the Senate has decided to look into the operations of the main cement producing companies operating in the country. On Wednesday, the lawmakers declared that they will be able to solve the issue thanks to their investigation. Additionally, it pleaded with the federal authorities to let cement imports as a temporary fix. As a result, it directed the Senate Committee on Industries, chaired by Senator Francis Fadahunsi, to look into the operations of the Nigerian cement manufacturing sector. The purpose of this, it…

The N35,000 pay award for January and February of 2024 is reportedly being processed, according to the Federal Government. The Federal Government was previously accused by the Trade Union Congress (TUC), an organization representing organized labor, of not being sincere in carrying out the deal that was made with the unions. However, Nkeiruka Onyejeocha, the minister of state for labor, claimed in a statement on Wednesday that the government had already paid the salary award for four of the previous six months. “On the payment of wage award of N35,000 for Six Months, the Government has so far paid for…

According to Gbenga Komolafe, the CEO of the Nigerian Upstream Petroleum Regulatory Commission, the number of oil rigs in the nation has climbed from 11 in 2011 to 30. He attributed the rise to the NUPRC’s and other government stakeholders’ attempts to instill predictability and trust in the oil and gas sector. According to Komolafe, the Petroleum Industry Act’s implementation has caused Nigeria to record capital expenditures totaling billions of dollars over the past 2.5 years. Speaking recently in Lagos following his receipt of The Sun Award, Komolafe stated that he and his team had been successfully carrying out their…

Godwin Emefiele, the embattled former governor of the Central Bank of Nigeria (CBN), has sued Senate President Godswill Akpabio for N1 billion in damages for defamation. In a letter dated February 19, 2024, Matthew Burkaa, Emefiele’s attorney, criticized an Akpabio comment attributed to Emefiele on February 18, 2024, saying, “We don’t know what to charge Emefiele with.” Through his attorney, Emefiele stated that he thought Akpabio’s remark was “false, distorted, clearly aimed at disparaging his character and indeed made in bad faith.” During a Sunday thank-you service in Koroma, Tai Local Government Area, Rivers State, the Senate President stated that…

Mr. Ibrahim Gaga has been appointed by President Bola Tinubu to the position of Executive Director, Corporate Services, at the Nigerian Export-Import Bank. “President Tinubu appoints new Executive Director at the Nigerian Export-Import Bank,” said a statement signed by Ajuri Ngelale, Special Advisor to the President on Media and Publicity, on Wednesday. Gaga is a lawyer with more than 25 years of expertise in both legal services and the financial industry. He served as NEXIM Bank’s board secretary and legal adviser prior to being appointed. The President expects that Gaga will “bring to his new role renewed zeal and diligence…

Gen. Yakubu Gowon (rtd), a former head of state, has advised Nigerians not to hastily assess President Bola Tinubu’s performance. He made the call on Wednesday after meeting with President Tinubu at the Presidential Villa in Abuja, while addressing reporters from the State House. Gowon claimed to have told Tinubu not to be concerned about the present attacks on his government. The elder statesman declared that it was premature to render a definitive judgment on the Tinubu-led administration. He said: “well, I was telling him that no Nigerian leader that can get there and will not have all the report…

The Department of State Security (DSS) has sent a warning to the Nigeria Labour Congress (NLC) to postpone their planned nationwide protest over the high cost of living in the nation. The NLC has called this advise “unsolicited” and stated that they will not be forgiven by history if they reverse course. The NLC president, Comrade Joe Ajaero, made this information available to Pressmen on Wednesday. He stated that the NLC and its allies were concerned about the DSS’s “unsolicited advice,” accusing it of serving as the “chief spokesperson of the government” and attempting to deceive and blackmail the upcoming…

The first-ever hotel at the Nnamdi Azikiwe International Airport Abuja (NAIA) main building was unveiled by the federal government on Wednesday. The hotel’s management has long been a significant player in Nigeria’s aviation industry, and Festus Keyamo, the minister of aviation and aerospace development, said during the hotel’s unveiling that the initiative was one of the ways the industry is improving travelers’ comfort while in flight. Furthermore, he added: “This is not just a one-off event, it is part of the new management drive and policy direction to collaborate with the private sector to improve passengers’ comfort. “The CEOs and…

DCG Kemi Nanna Nandap has been appointed by President Bola Tinubu to the position of Comptroller-General of the Nigeria Immigration Service (NIS), with effect from March 1, 2024. Ajuri Ngelale, the presidential spokesman, said in a statement on Wednesday that DCG Nandap succeeds Mrs. Caroline Wura-Ola Adepoju, whose tenure ends on February 29, 2024. He stated that Nandap was the Deputy Comptroller-General in charge of the Service’s Migration Directorate before to her appointment as Comptroller-General. “The President anticipates that the new Comptroller-General will deepen the ongoing reforms in the service. “And create a robust mechanism for efficient and dedicated service…

According to a video issued by the presidency on Wednesday, Jean-Michel Sama Lukonde, the prime minister of the Democratic Republic of the Congo, presented his resignation along with that of his administration two months after winning general elections. In the video, he was seen presenting President Felix Tshisekedi with his resignation on Tuesday, his last day in office. In the vote on December 20, which also resulted in the president’s reelection for a second five-year term with a huge majority, Sama Lukonde and 27 other members of his ministry were awarded seats in parliament. In order to create a party…