As plans for the disbursement of the Cabotage Vessel Financing Fund (CVFF) gathers momentum, the Minister of Transportation, Rotimi Amaechi, has said lending institutions will be empowered to hold any beneficiary shipowner accountable for every kobo collected as facility. The CVFF stands at about $200million. He spoke at a meeting in Lagos on Thursday organised […]

MORE states embarked on drastic measures on Friday to check the Lassa fever outbreak in some parts of the country from spreading. Edo State said 76 residents tested positive to the virus out of    175 suspected cases while Bauchi confirmed three new cases with 15 people under observation. “A total of 76 suspected cases of […]

The power sector has broken down completely, the government declared on Thursday after its activities were reviewed by the National Economic Council (NEC) The government said there is no result to show for the N1.7 trillion financial support it gave to the sector in the last three years. It added that Nigerians must now be […]

Governors of the 36 states have agreed to resolve the lingering dispute on what should be charged in granting Right of Way (RoW) for the erection, installation and laying of telecommunication infrastructure across states’ lands. The governors rose in Abuja, on Wednesday night, from the first meeting in 2020 of Nigeria Governors’ Forum (NGF) and […]

The Western Nigeria Security network Operation Amotekun has come to stay following a deal on Thursday between the Federal Government and the Southwest governors. Both parties have agreed on way forward for the security outfit launched on January 9 by the governors in response to security challenge in the region. The Federal Government on January […]

Nigeria has been rated the second most corrupt country in West Africa ahead of Libya. Transparency International, a global corruption watchdog placed Nigeria 27 out of 100 in TI’s 2018 report but dropped by a point in 2019, making Africa’s most populous country take the 146th position. TI’s latest report states that Africa’s most populous […]

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) and the Office of the Auditor-General of the Federation will soon embark on a nationwide System Study and Review of Revenue Generating Agencies in the country in order to reduce huge revenue losses and leakages in government finance. The System Study and Review will be […]

  Text of Asiwaju Bola Tinubu’s contribution to the public discourse on Western Nigeria Secirity Network (WNSN) code-named Operation Amotekun   Amotekun. This issue has dominated recent discourse and media headlines. Distilled to its basics, it concerns how best state governments can assist with the safety and security of their residents. This is a matter […]

The Department of Petroleum Resources and the Nigeria Security and Civil Defence Corps on Tuesday closed down 26 illegal liquefied petroleum gas filling stations and 22 unlicensed shops in compliance with the Federal Government’s directive. On January 8, the Federal Government ordered the DPR to identify and shut unlicensed stations that dispense LPG, popularly called […]

United Kingdom investors have signed commercial deals worth £324m (over N153.4bn) with Nigerian investors. The deals were sealed during the inaugural UK-Africa Investment summit which was attended by 21 African countries, African leaders, UK and African businesses, international institutions and young entrepreneurs in London. At the summit, the British Prime Minister, Boris Johnson, expressed commitment […]