PIA Fails To Address Niger Delta Challenges – Experts

THE Petroleum Industry Act (PIA) 2021 has been deemed inadequate in tackling the ecological and environmental issues plaguing the Niger Delta region, according to stakeholders at the Third Niger Delta Socio-Ecological Alternatives Convergence (NDAC). The event, organized by the Health of Mother Earth Foundation (HOMEF), took place in Abuja on …

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Drought Severely Impacts 40 million Nigerians – FG

MINISTER of State for Environment, Dr. Iziaq Salako, disclosed that drought had severely affected around 40 million Nigerians, resulting in significant livelihood losses and increased poverty, particularly in the Lake Chad region. This position was shared on his behalf by Alhaji Abdullahi Usman, a senior official from the ministry, at …

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FG Eyes $4.4bn New Loans As Debt Hits N101tn

THE Federal Government has borrowed a total of $4.95bn in loans from the World Bank in the past 12 months, pushing the total public debt to N101trn amid worries about the increasing costs of servicing external debt. The nation’s public debt was put at approximately N97trn as of December 2023, according …

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