AIHS hails Tinubu’s local content push, advocates affordable housing using indigenous materials

By Kingsley Adegboye The Africa International Housing Show (AIHS), has lauded President Bola Ahmed Tinubu-led administration for Nigeria‑first procurement policy as a commitment to promoting local content in public procurement, aligning with the AIHS’s long-standing advocacy for the utilization of indigenous building materials to drive down housing development costs and make homeownership more accessible. Festus […]
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Transition to gas cuts manufacturer’s costs by half

By Sebastine Obasi The federal government’s alternative energy policy drive appears to be yielding fruits as Kitchen Vegetable Oil Limited stated that its production costs have been reduced by half since transitioning to gas. Ifeyinwa Udeagbala, Executive Director of the company stated that the high cost of grid power and the instability of electricity supply, […]

Operators adjust pump prices as market responds to low crude regime

According to Petroleum Price NG, Nipco and Rainoil adjusted their pump prices to ₦842 per litre from over ₦841 per litre. Similarly, Rainoil Delta in Warri adjusted its petrol price to ₦860 per litre from ₦865 per litre, while Mainland in Calabar adjusted its petrol price to ₦874 per litre from ₦875 per litre.

Tinubu presents ₦1.78 trillion FCT budget to Reps

By Gift ChapiOdekina,Abuja President Bola Tinubu on Tuesday presented a ₦1.78 trillion budget proposal for the Federal Capital Territory (FCT) to the House of Representatives, urging lawmakers to fast-track its passage to facilitate critical development projects. The ₦1,783,823,708,309 budget was formally submitted in a letter addressed to the Speaker of the House which was read […]

Matawalle in high-level meeting in China to bolster Nigeria’s defence capabilities

By: Kingsley Omonobi The Minister of State for Defence, Bello Matawalle, is currently in China discuss with leading Chinese manufacturer of advanced anti-terrorism and high-tech military hardware to re-enforce Nigeria’s defence capabilities. Making this known in a statement, the minister said the high-level security meeting, which took place in China, was aimed at strengthening strategic […]

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