Author: meridianspy

Zamfara State Governor, Dauda Lawal, has reiterated his administration’s resolve not to have anything to do with bandits. A statement issued by the governor’s spokesman, Sulaiman Baba Idris, explained the governor’s determination not to negotiate with bandits and engage his government with those responsible for terrorizing the state. Speaking on Thursday, in continuation of his visit to communities recently attacked by bandits, Lawal assured them of his commitment to restoring security and rebuilding affected areas. The governor, according to the statement, visited Kagara, Dan Isa, and Kasuwar Daji in the Kauran Namoda Local Government Area as part of a broader…

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The Federal Government has cleared over N2tn in outstanding capital budget obligations from the 2024 fiscal year, with a pledge to priorities the timely release of 2025 capital funds. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, disclosed this on Thursday at a ministerial press briefing in Abuja, where he also declared that Nigeria is “open for business” to global investors on the back of improved economic stability. “In the last quarter, we did pay contractors over N2tn to settle outstanding capital budget obligations. That is from last year,” Edun said. “At the moment,…

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The Presidential Compressed Natural Gas Initiative (PCNGI) has stated that since the introduction of CNG in the country, it has attracted $980m (N1.504trn) investment in 18 months. Speaking during the launch of the Portland Gas Ltd / NASENI CNG Daughter station Auto Conversion And Training Centre in Abuja, the Chief Executive Officer of PCNGi, Engr. Michael Oluwagbemi said the sector has seen significant interest from BUA, Nigerian Bottling Company (NBC) and others spending over N720billion to acquire not only CNG trucks but also 100 water stations. He said this makes it the fastest growing sector in the country today, noting…

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