The political landscape in Rivers State is witnessing a seismic shift as the House of Assembly recently took a decisive move to declare vacant the seats of 25 members who defected from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC). The motion, which gained unanimous support during Wednesday’s plenary, was led by…
During a session with the House of Representatives Committee on Appropriation, Finance Minister and Coordinating Minister of the Economy, Wale Edun, assured that the administration of President Bola Tinubu would prioritize transparent accounting for oil revenue. Edun emphasized the importance of effective monitoring of oil revenue and its systematic payment into the federation account. Edun…
The Director-General of the Bureau of Public Enterprises (BPE), Alex Okoh, has affirmed the bureau’s dedication to maximizing the value of Federal Government assets through private sector investments. Speaking at a media event in Abuja, Okoh emphasized the importance of reducing reliance on borrowing and promoting private sector participation to fund the government’s fiscal plans….
The Federal Government has announced its intention to restructure the Transmission Company of Nigeria (TCN) to align with the Electricity Act 2023 and address industry demands. Minister of Power, Adebayo Adelabu, revealed this during the Ministerial Retreat on the Integrated National Electricity Policy and Strategic Implementation Plan in Abuja. Adelabu outlined the proposed restructuring, suggesting…
Governor Alex Otti of Abia State has laid out his vision for the future with the presentation of the 2024 state budget, titled “A New Beginning,” before the Abia State House of Assembly in Umuahia. The budget, amounting to N567,240,095,972, is strategically allocated, with a significant 84 percent earmarked for capital project expenditure and the…
The Trade Union Congress (TUC) has called upon the federal government to promptly resume the payment of the N35,000 wage award promised to workers by President Tinubu. In his Independence Day address, President Tinubu had announced the N35,000 wage award as a six-month palliative for workers following the removal of the fuel subsidy. However, TUC…
In a significant move to address the persistent issue of flight delays and cancellations in Nigeria, the Minister of Aviation, Festus Keyamo, has declared that aviation regulators will enforce mandatory compensation for affected passengers starting from January 2024. Keyamo made this announcement during his appearance before the National Assembly Joint Committee on Aviation, where he…
Lagos State Governor, Babajide Sanwo-Olu, reiterated his administration’s dedication to positioning Micro, Small and Medium Enterprises (MSMEs) to leverage the Africa Continental Free Trade Area (AfCFTA). He emphasized the need to equip these enterprises with the necessary skills to enhance their effectiveness and contribute to the stimulation of intra-African trade. Speaking at the opening ceremony…
The Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, voiced significant concerns during her appearance before the Joint National Assembly Committee on Humanitarian Affairs and Poverty Alleviation to defend the 2024 budget. Chairing the committee, Senator Idiat Adebule presided over a session that brought to light the ministry’s struggle with what Edu deemed an…
The Federal Government of Nigeria has introduced a new foreign policy framework dubbed the “4D foreign policy,” aimed at leveraging the nation’s diplomatic relationships for strategic advantages. Yusuf Tuggar, the Minister of Foreign Affairs, launched the initiative in Abuja on Monday, emphasizing its focus on Democracy, Development, Demography, and Diaspora. In his address during the…