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BUSINESS

FG plans over $3tn for energy transition

The Minister of State for Petroleum Resources (Oil), Dr Heineken Lokpobiri, has disclosed that Nigeria will spend a total sum of $3.1tn to transit from fossil fuel to cleaner and renewable energy. Lokpobiri said the nation had projected $1.9tn for energy transition plan, while $1.2tn was estimated for renewable energy plan in 2060, making a sum of $3.1tn altogether. He made this known at the 54th Annual Meeting of the […]

todayJanuary 19, 2024 70

NEWS

Woman arraigned over alleged threat to kill bizman

The police on Friday arraigned a woman, Folashade Olalude, before the Ebute-Metta Chief Magistrate Court over alleged cyberbullying and threat to kill a businessman. The defendant who was arraigned before Chief Magistrate Olwatosin Fowowe-Erusiafe is facing four counts bordering on conspiracy, intent to steal, cyberbullying and threat to kill, preferred against her by the police. The prosecutor, Mr. Henry Obiazi, told the court that the defendant and others now at […]

todayJanuary 15, 2024 46

NEWS

Betta Edu: Tinubu vows sanctions as anger grows over N585m scandal

President Bola Tinubu on Sunday directed a comprehensive inquiry into the alleged N585m scandal in the Federal Ministry of Humanitarian Affairs and Poverty Alleviation. He vowed to “decisively punish” those involved in any breaches and infractions unravelled during the investigations. The President gave the directive in a statement issued by the Minister of Information and National Orientation, Mohammed Idris, as anger grew over the alleged breach of the Federal Government’s financial regulations. […]

todayJanuary 8, 2024 64

POLITICS

APC petitions NBA over Abure, Kenneth Okonkwo’s utterances, LP kicks

The ruling All Progressives Congress has written the disciplinary committee of the Nigerian Bar Association to report what it labelled as ‘deprecating remarks’ against the justices of the Supreme Court by the National Chairman of the Labour Party, Julius Abure, and a spokesman of the party campaign council, Kenneth Okonkwo. In the petition signed by the National Secretary of APC, Senator Ajibola Basiru, the ruling party disclosed that making inciting […]

todayOctober 30, 2023 99

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