On Wednesday, the House of Representatives considered and adopted the Niger Delta Development Commission’s (NDDC) 2024 Appropriation Bill, totaling N1.91 trillion. This significant decision followed a detailed report from the Committee on NDDC, chaired by Mrs. Erhiatake Ibori-Suenu, which was presented during the plenary session. In July, during a budget defense session before the House…
The Federal Government of Nigeria has approached the World Bank for $50 million in support to assist state governments in the installation of solar plants and infrastructure upgrades. This initiative is part of a broader strategy to bolster the nation’s power sector and drive economic growth. The Minister of Finance and Coordinating Minister of the…
The Nigerian National Petroleum Company Limited (NNPCL) has reaffirmed its readiness to begin crude oil refining at the Port Harcourt refinery by early August. This announcement was made by NNPCL Group Chief Executive Officer, Mele Kyari, during an emergency session at the National Assembly’s joint committee on finance. Kyari provided detailed insights into the timeline,…
The Federal Government of Nigeria has successfully negotiated an agreement with the United Arab Emirates (UAE), allowing Nigerian passport holders to obtain visas for travel to the UAE. This development was announced by the Minister of Information, Mohammed Idris, during a briefing with State House correspondents following the weekly Federal Executive Council (FEC) meeting on…
Kaspersky Labs, the prominent Russian antivirus giant, has announced its departure from the US market following a ban on its software by the Biden administration. In a statement to BBC News, Kaspersky described the move as a “sad and difficult decision,” attributing it to the untenable business environment in the US. This decision follows Commerce…
In his first interview since the attempt on his political rival’s life, President Joe Biden defended his strong rhetoric against Donald Trump and explained its importance. Speaking with NBC’s Lester Holt, Biden emphasized that his campaign had a duty to clearly articulate the dangers of a second Trump term. He argued that it wasn’t his…
Elon Musk has announced plans to contribute $45 million per month to a Super PAC dedicated to supporting Donald Trump’s election campaign, starting in July, as reported by the Wall Street Journal. This move comes shortly after Musk publicly endorsed Trump. According to Bloomberg, the tech billionaire has already donated what has been described as…
In 2016, JD Vance did not mince words about his feelings toward Donald Trump. “I’m a ‘never Trump’ guy. I never liked him,” he declared. He didn’t stop there, labeling Trump “an idiot” and “reprehensible” in interviews and on Twitter. According to BBC, that same year, as his memoir Hillbilly Elegy brought him into the…
Nigeria’s crude oil production and revenue face significant threats as youth leaders from Ogoni, Rivers State, have issued a 24-hour ultimatum to the Federal Government. This ultimatum, set to expire on Monday, demands the reinstatement of the recently sacked Project Coordinator of the Hydrocarbon Pollution Remediation Project (HYPREP), Prof. Nenibarini Zabbey. The presidency announced a…
Dangote Refinery Set to Commence Petrol Production in August 2024 Following Resolution of Crude Supply Issues Alhaji Aliko Dangote, President of the Dangote Refinery, has announced that the refinery is poised to begin petrol production in August 2024. This development follows the successful resolution of crude oil supply challenges with the assistance of the Nigerian…
