Only 58% of Nigerian Households Connected to National Grid – NBS

By Kunle Sanni THE National Bureau of Statistics (NBS) has reported that 58 percent of Nigerian households are connected to the national electricity grid, according to its latest report, the Nigeria Residential Energy Demand Side Survey (NREDSS) 2024, released on Wednesday in Abuja. The survey, conducted across nine states—Akwa Ibom, …

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Senate Vows to Revive Ajaokuta Steel Company

THE Chairman of the Senate ad-hoc committee investigating activities at Ajaokuta Steel Company Limited and the National Iron Ore Mining Company, Itakpe, both in Kogi State, has asserted that it is high time the “jinx” surrounding Ajaokuta Steel Company was broken. The committee, led by Senator Adeniyi Adegbonmire, made this …

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Cabinet Reshuffle: Minister of Power, Adelabu Escapes Tinubu’s Whip Amid Grid Collapse

PRESIDENT Bola Ahmed Tinubu’s cabinet reshuffle on Wednesday saw five ministers removed from office, but Adebayo Adelabu, Minister of Power, held onto his position despite widespread calls for his dismissal following multiple national grid collapses. The reshuffle, which resulted in the sacking of high-profile ministers like Barr Uju-Ken Ohanenye (Women …

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FG says Food Prices Soar in September 2024

THE prices of essential food items in Nigeria witnessed significant increases in September 2024, according to a new report by the National Bureau of Statistics (NBS). In its “Selected Food Prices Watch” report, released in Abuja, the NBS highlighted steep hikes across staples such as beans, eggs, bread, and rice, …

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Nigeria’s Public Debt Hits N134.3 Trillion in Q2 2024

Nigeria’s public debt has reached an all-time high of N134.3 trillion, as of the end of the second quarter of 2024. This represents a sharp increase compared to the N121.7 trillion recorded just a few months earlier in the first quarter. The main reason for the increase is the devaluation …

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BREAKING: Tinubu Sacks Five Ministers

  PRESIDENT Bola Ahmed Tinubu has fired five ministers from his cabinet. This development comes amidst the current reshuffle of his cabinet members and the merging of ministries. Trojaninsights learnt that Uju Kennedy-Ohaneye, former Women Affairs Minister, and Prof Tahir Mamman (Education) are among the sacked ministers. More details to come…

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