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Don’t allow Ikoyi Osborne foreshore turn to slum, residents tell Sanwo-Olu

Don’t allow Ikoyi Osborne foreshore turn to slum, residents tell Sanwo-Olu

A former Kogi State deputy governor, Mr. Aboyomi Amoniyi; former Director of Lands, Lagos State, Mr. Rotimi Okunfulure; the chairman, Board of Trustee, Residents of Osborne Foreshore Residents Association, OSFRA, Sir Steve Omojafor and chairperson of the association, Chinwe Ezenwa-Mbah, yesterday, urged Governor Babajide Sanwo-Olu of Lagos State not to allow Osborne Foreshore, Ikoyi, Lagos to be turned into a slum.

Tariff Hike: Electricity generation stranded at 4,850MW

Tariff Hike: Electricity generation stranded at 4,850MW

Nigeria has largest number of people without power —World Bank By Obas Esiedesa NIGERIA’s power generation in the past seven days averaged 4,850 megawatts for its over 200 million population with the Federal Government planning to effect a new electricity tariff increase in 2022. Data released by the Nigeria Electricity System Operator, an autonomous unit […]

STATISTICS DAY: NBS, data-producing agencies to modernise Nigeria’s statistical system

STATISTICS DAY: NBS, data-producing agencies to modernise Nigeria’s statistical system

By Cynthia Alo The National Bureau of Statistics (NBS) is currently collaborating with other data producing agencies in Nigeria to put up the necessary infrastructure to modernize the National Statistical System. This was disclosed by the Minister of State, Budget and National Planning, Prince Agba, during the 2021 African Statistics Day, ASD, celebration last week. […]

Fighting terrorism futile without addressing root causes – ECOWAS

Fighting terrorism futile without addressing root causes – ECOWAS

The Vice President of Economic Community of West African States (ECOWAS) Ms. Finda Koroma says the only successful way to fight terrorism within the region is to attack its root causes. Koroma said this at the inauguration of the Early Warning Study on the Spillover of Violent Extremism to ECOWAS Coastal Member States, in Abuja on […]

FMN, Honeywell to combine operations in N80bn shares deal

FMN, Honeywell to combine operations in N80bn shares deal

*FMN takes over FBN Holdings equity in Honeywell *Honeywell shares up 9.735%, FMN unchanged By Peter Egwuatu and Nkiruka Nnorom Flour Mills of Nigeria (FMN) Plc has reached an agreement with Honeywell Group to acquire its 71.69 percent majority shareholding interest in Honeywell Flour Mills Plc. (HFMP) at N80 billion. In addition, FMN has also entered […]

Babangida, Abubakar confident in army’s effort in tackling insecurity

Babangida, Abubakar confident in army’s effort in tackling insecurity

Two former Heads of State, Gen. Ibrahim Babangida and Gen. Abdulsami Abubakar, have expressed confidence in the Nigerian Army’s effort in tackling the insecurity confronting the nation. The Director, Army Public Relations, Brig.-Gen. Onyema Nwachukwu in a statement, said the former leaders stated this when the Chief of Army Staff (COAS), Lt.-Gen. Faruk Yahaya, visited […]

Nigeria targets $1.2bn export capacity for every state

Nigeria targets $1.2bn export capacity for every state

The National Action Committee, African Continental Free Trade Agreement (AfCFTA) has emphasised the need to cascade down its activities to the subnational level with state governments playing a major role. Secretary of the committee, Mr Francis Anatogu, said this on Monday during a joint news conference with the Nigeria Governors’ Forum (NGF), in Abuja, on […]