The Group Chief Executive Officer of NNPC Ltd, Mele Kyari says President Bola Tinubu’s reforms in the oil and gas sector have created a stable fiscal environment with long-term profitability. He stated this at the 2025 Nigeria International Energy Summit (NIES), on Tuesday in Abuja. Kyari said that many Final Investment Decisions (FIDs) announced in…
Sen Heineken Lokpobiri, the Minister of State for Petroleum Resources (Oil), has stated that Africa does not need loans but rather strategic partnerships and investments to address energy poverty and drive economic growth on the continent. Lokpobiri made this statement on Tuesday in Abuja, at the 8th edition of the Nigeria International Energy Summit (NIES…
The Chairman of the Senate Committee on Finance, Sen. Sani Musa, has assured that the Senate would produce legislation from the tax reform bills aimed at making Nigeria’s economy a trillion-dollar base. He added that President Bola Tinubu had tasked the National Assembly with this goal and that the legislature was committed to creating a…
The National Bureau of Statistics (NBS), says Nigeria’s Gross Domestic Product (GDP) rate in real terms grew by 3.84 per cent in the fourth quarter of 2024 on a year-on-year basis. The Statistician-General(S-G) of the Federation, Adeyemi Adeniran disclosed this in a statement on Nigeria’s GDP Report for Q4 2024 released in Abuja on Tuesday….
Former President Goodluck Jonathan has said that impartial electoral commissions and non-partisan security operatives are key to conducting credible elections in the West African sub-region. Jonathan made this statement on Tuesday in Abuja during his address at a two-day Reflection Conference on Democratic Elections in West Africa. The theme of the conference was ‘Strengthening Democratic…
The Federal Competition and Consumer Protection Commission (FCCPC) has summoned MultiChoice Nigeria to justify its proposed subscription price increase, set to take effect on March 1. MultiChoice’s summon is contained in a statement issued by FCCPC’s Director, Corporate Affairs, Mr Ondaje Ijagwu, in Abuja on Tuesday. Ijagwu said the commission had directed the Chief Executive…
Prof Obiora Okonkwo, an Anambra All Progressives Congress (APC) governorship aspirant, has expressed confidence in winning the Anambra governorship election and bringing the South-East into the APC fold. Okonkwo made this statement on Tuesday in Abuja after submitting his Expression of Interest and Nomination forms for the Anambra off-cycle governorship election. The News Agency of…
The Nigerian Army has dismissed claims that the Chief of Army Staff (COAS), Lt.-Gen. Olufemi Oluyede, has introduced automatic promotion for personnel. who have served in their current ranks for five years or more. This is contained in a statement by the Director, Army Public Relations, Maj.-Gen. Onyema Nwachukwu, on Tuesday in Abuja. Nwachukwu described…
The Niger State Government has banned the taxation of hawkers and other petty traders across the state. This was contained in a statement issued by the Chief Press Secretary (CPS) to the Governor of Niger State, Mohammed Bago, Mr Bologi Ibrahim, on Tuesday in Minna. The CPS stated that the governor made the announcement while…
The U.S. freeze on aid has left the World Health Organisation (WHO) without 46 million dollars to evacuate seriously ill patients from Gaza and rebuild damaged hospitals in the coastal strip A representative of the organisation said on Tuesday. Speaking to reporters via video link from the Gaza Strip, Rik Peeperkorn, the WHO coordinator for…
