The N250 billion National Gas Expansion Programme (NGEP) cash has lain inactive in the Central Bank of Nigeria (CBN) for the past four years due to the strict requirements, according to Dr Mohammed Ibrahim, Chairman of the NGEP. He said this in Lagos at the Nigeria Auto Journalists Association (NAJA)’s annual training workshop, which had the theme “Fuel Subsidy Removal: Autogas/Electric Vehicles as Alternatives.” The money was meant to assist Nigerian companies involved in the gas value chain, especially the conversion of internal combustible engine (ICE) vehicles into autogas as part of the government’s drive to deepen autogas…
Author: meridianspy
Governor of Enugu State Dr. Peter Mbah will announce a pipeline of 30 projects totaling 1.6 trillion ($2.1 billion) at the first Enugu State Investment and Economic Growth Stakeholder Roundtable on Friday, September 1. The governor will also unveil the Enugu State Integrated Sector-Based Productivity Growth Strategy. This was made known in a statement released by the Secretary of the State Government (SSG), Prof. Chidiebere Onyia, in Enugu on Monday. He said the Investment and Economic Growth Roundtable, which is a precursor to the launch of the maiden multi-stakeholder and fully transactional Diaspora and Investment Forum scheduled…
The camp of the presidential candidate of the New Nigeria Peoples Party (NNPP), Rabiu Kwankwaso, has slammed the National Chairman of the All Progressives Congress (APC), Abdullahi Ganduje, over his recent comments. Ganduje had mocked Kwankwaso over his snub as the Minister of the Federal Capital Territory (FCT), saying that President Bola Tinubu was smart enough to see through his desperation. Ganduje claimed Kwankwaso supported the contentious demolition of buildings approved by his administration in Kano under the guise of sanitising Kano’s master plan. The former Kano governor, who spoke in Hausa, said this on Monday when he received…
A netizan has taken to social media to expose the deplorable state of the Ebonyi State Government House located in Lagos. The images shared online depict a distressing scene of dilapidation and neglect, shedding light on the dire conditions of a crucial government facility. The post has rapidly gained traction, eliciting a wave of public outrage and raising pertinent questions about the responsible authorities’ commitment to upholding infrastructure standards. The images shared by the Fabebook Uaer showcase crumbling walls, broken windows, and overgrown vegetation within the premises of the Ebonyi State Government House in Lagos. Social media platforms have been…
Julius Abure, national chairman of the Labour Party (LP), says Peter Obi, presidential candidate of the party, will be declared president of Nigeria by the tribunal. Abure spoke while addressing some Nigerians in the United States during a tour of the country. Obi who came third in the presidential election held in February and his party are challenging the outcome of the poll. They are asking the court to nullify the victory of Bola Tinubu, candidate of the All Progressives Congress, APC. Abure, who is on a tour to the United Kingdom and the US, said the judgment by the…
Human rights activist, Femi Falana, has called on Nigerian business owners to transact business with China in naira as a currency exchange agreement between the Federal Government of Nigeria and China was established in 2018. He emphasised that the agreement, valued at RMB 16 billion sought to enhance local currency liquidity for both Nigerian and Chinese industrialists and businesses, thereby mitigating the challenges of sourcing United States dollars. Falana made this known in a statement on Monday. “About five years ago, the Federal Government of Nigeria and China entered into a currency exchange agreement. The transaction, which was valued at…
The organized Labor, Nigeria Labour Congress, NLC, has given the Inspector General of Police, IGP, Kayode Egbetokun to order personnel to immediately vacate the occupation of the National Secretariat of the National Union of Road Transport Workers, NURTW, in Abuja, within 48 hours. NLC in a communique at the end of an emergency National Administrative Council, NAC, meeting, asked President Bola Tinubu to urgently clear his name which is being peddled by those who have forcefully taken over the NURTW’s secretariat with the aid of security operatives
President Bola Ahmed Tinubu has directed the Federal Ministry of Foreign Affairs to All government officials who wish to go to New York for the United Nations General Assembly must provide documentation attesting to their direct participation in the UNGA’s official events before their visa applications can be processed. In a statement released on Monday, by his spokesman, Ajuri Ngelale, that the order was a component of a larger initiative to lower the cost of government in Nigeria. According to him, in order to prevent any unethical behaviour in this regard, the U.S. Mission in Nigeria has been given…
The Federal Government has plane to develope National Artificial Intelligence (AI) Strategy of in support of the researchers Nigerian developers from around the world. In a statement sent via X on Monday, Dr. Bosun Tijani, the minister of communications, innovation, and the digital economy, disclosed this substantial endeavour. Tijani urged Nigerians to spread the word about renowned researchers who might help with this project. The government is expanding its strategy by building on the groundwork done by the National Information Technology Development Agency (NITDA). To improve the co-creation process, it aims to incorporate prominent AI researchers with Nigerian heritage…
Rep. Amobi Ogah (LP-Abia) begged President Bola Tinubu to free Nnamdi Kanu as a favour for the people of South Eastern Nigeria. Ogah, a member of the House of Representatives who represents the Isuikwuato/Umunneochi Federal Constituency of Abia, made the request in a statement on Monday in Abuja. He asserts that the proscribed IPOB leader’s protracted arrest is to blame for the unrest in the South East area and that the president should free him as a sign of respect for N’digbo. Ogah said Kanu’s release would expose criminal gangs using the detention to cover their act of terrorism in…
Tinubu Presides over Inaugural FEC meeting The first Federal Executive Council, or FEC, meeting of President Bola Tinubu’s government is currently taking place in the Council Chambers of the State House in Abuja. Remember that the new cabinet members were inaugurated on May 29 when President Tinubu took the oath of office, and that the Senate confirmed them as required by the Constitution on Monday of last week. There are 45 ministers in the cabinet, and 45 of them made it through the screening process while three additional nominees were turned down. Also attending the maiden FEC are Vice President…
By Festus Adedayo On October 21, 1968, a letter was written by a group which went by the name, Egbe Mekunnu Taku, literally, Association of the Adamant Poor, to the then Military Governor of the Western State, Major General Adeyinka Adebayo. The letter explains, and succinctly too, the anger of poor and impoverished people all over the world against governments’ punishing policies. Angered by Adebayo’s jerking up of tax, from a flat rate of three, to six pounds, the association, which comprised mostly farmers, the bulk of whom were taxable workers of the time, literally dared the leopard in…