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FEC Approves Power Projects In Daura, Others

The Federal Executive Council yesterday approved contracts to boost power supply in various parts of the country. These, according to the Minister of Power, Abubakar Aliyu, includes, supply and installation of 33 KV substation equipment at Daura Emirate, Katsina State awarded to Power Deal Construction Limited in the sum of …

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Reps Approve N876bn NDDC’s 2023 Budget

The House of Representatives Wednesday N876bn budget for the Niger Delta Development Commission for the 2023 financial year. This followed the consideration and adoption of the report of the House Committee on NDDC chaired by Olubunmi Tunji Ojo. The details of the budget show that N34.24bn is for personnel expenditure; …

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CBN Raises Interest Rate To 18.5 Per Cent Amid Rising Inflation

The Central Bank of Nigeria’s Monetary Policy Committee MPC has further increased the interest rate by 18.5 per cent to 20.5 per cent from 18 per cent in March. Godwin Emefiele, Governor of the Central Bank of Nigeria, disclosed this on Wednesday during the MPC communique presentation and Analysis.   …

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Kano Assembly Passes Child Right Protection Bill

Kano State House of Assembly, on Wednesday, passed the State Child Protection Bill. The News Agency of Nigeria (NAN) reports that the bill was passed after extensive deliberations by the committee of the whole house during the plenary, presided over by Deputy Speaker, Alhaji Kabiru Dashi (APC-Kiru) in Kano. After …

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Wike Denies Feud With Governor-elect

Outgoing Rivers State governor, Nyesom Ezenwo Wike, has denied reports on social media about a purported disagreement between him and the state governor-elect, Siminalaye Fubara. There were reports on social media that there had been a face-off between the governor and the governor-elect, following decisions of the latter to invite …

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