By Kadiri Abdulrahman President Bola Tinubu has expressed the commitment of the Federal Government to enhance the independence of the Office of the Auditor-General of the Federation (OAuGF) for effective service delivery. Tinubu, who was represented by Sen. George Akume, Secretary to the Government of the Federation (SGF), said thisContinue Reading
By Salisu Sani-Idris President Bola Tinubu says his administration is restoring confidence in Nigeria economy through measures aimed at reducing inflation, stabilising the foreign exchange market, and improving fiscal management. Tinubu, represented by his Vice, Kashim Shettima, gave the assurance on Tuesday at the 17th Annual Chartered Institute of BankersContinue Reading
By Okeoghene Akubuike The Infrastructure Concession Regulatory Commission (ICRC) says it will henceforth issue Outline Business Case (OBC) Certificate of Compliance and Full Business Case (FBC) Certificate of Compliance within seven days. This follows a directive from President Bola Tinubu to the commission’s Director General, Dr Jobson Ewalefoh, “to accelerateContinue Reading
By Lucy Ogalue The Federal Government has granted UTM Offshore Limited a licence to construct a 2.8 million tonnes per annum (MTPA) Floating Liquefied Natural Gas facility. The Minister of State, Petroleum Resources (Gas), Mr Ekperipe Ekpo, said this during the issuance of the licence to the company in Abuja.Continue Reading
By Martha Agas The Federal Government has conducted a clearance operation at an illegal mining site in the Jaguna community of Yagba East Local Government Area of Kogi. Solid minerals development minister Dele Alake, in a statement by his media aide, Segun Tomori, said that the exercise was part ofContinue Reading
By Salif Atojoko Sen. Heineken Lokpobiri, Minister of State (Oil) Petroleum Resources, on Thursday, said the Federal Government was not responsible for the recent increase in the price of petrol across the country. The minister said this while briefing State House correspondents after a meeting with Vice-President Kashim Shettima. LokpobiriContinue Reading
By Constance Athekame The Transmission Company of Nigeria (TCN), says the Supervisory Control and Data Acquisition (SCADA) system that will effectively monitor, control field devices will be operational in fourth quarter of 2024, Mr Sule Abdulaziz, the Managing Director of TCN, said this in an interview with the News AgencyContinue Reading
By Constance Athekame The Transmission Company of Nigeria (TCN), says it has capacity to transmit 6,000 MWS of electricity to distribution load centres nationwide. Mr Sule Abdulaziz, the Managing Director of TCN said this in an interview with the News Agency of Nigeria (NAN) in Abuja on Sunday. Abdulaziz saidContinue Reading
By Constance Athekame The Transmission Company of Nigeria (TCN), says it plans to procure a spinning reserve to maintain the national grid frequency within specified limits. The Managing Director of TCN, Mr Sule Abdulaziz said this in an interview with the News Agency of Nigeria (NAN) in Abuja on Sunday.Continue Reading
Pricing By Ginika Okoye The Federal Competition and Consumer Protection Commission (FCCPC), has given a one month moratorium to traders and other market stakeholders involved in exploitative pricing to crash the prices of goods. The newly appointed Executive Vice Chairman of the FCCPC, Mr Tunji Bello, said this at aContinue Reading
