FAAC: FG, States, LGCs Share N1.35trn July Revenue

THE three tiers of government – Federal Government, States, and Local Government Councils – have shared a total sum of N1,358.075 billion as July 2024 Federation Accounts Revenue. Of the N1,358.075 billion total distributable revenue, the federal government received a total sum of N431.079 billion, and the State Governments received …

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NPA MD Dantsoho Appoints Seven New Port Managers

THE Managing Director of Nigerian Ports Authority (NPA), Dr Abubakar Dantsoho, has appointed seven new Port Managers. The new appointments were announced through an internal memorandum signed by the Managing Director on Friday in Lagos “The new Port Managers are Adebowale Lawal Ibrahim (Lagos Port Complex, Apapa); Abubakar Sani Isa …

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Burkina Faso Newspaper Halts Publication After Director’s Kidnap

  A PROMINENT investigative newspaper in Burkina Faso, L’Evenement, has halted its publication following the kidnapping of its publishing director, Atiana Serge Oulon. The suspension comes amidst growing concerns over press freedom in the country. In June, armed men reportedly abducted Oulon from his home, forcing him into a minibus. According …

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Nigerian Telcos Weigh Load-shedding Amid Tariff Hike Push

NIGERIAN telecom operators are grappling with severe economic challenges, leading them to consider a load-shedding strategy similar to that used in the power sector. This approach would involve providing telecom services selectively, as companies struggle to manage rising operational costs and push for tariff increases. At the Telecom Industry 2.0: The …

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UN Urges Fair Practices in Africa’s Energy Transition Minerals

IN a crucial discussion on Africa’s role in the global energy transition, Antonio Pedro, Deputy Executive Secretary of the United Nations Economic Commission for Africa (ECA), emphasised the need for transparent and fair-trade practices to secure a just energy transition across the continent. Speaking at an African Consultative Webinar on …

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Tanzanian President Replaces Health Minister in Cabinet Shake up

Tanzanian President Samia Suluhu Hassan has removed long-serving Health Minister Ummy Mwalimu in a strategic cabinet reshuffle on Wednesday, signalling efforts to realign her government ahead of the upcoming general elections in 2025. The reshuffle, which is the second in less than a month, underscores President Hassan’s focus on consolidating …

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Nigeria Accuses Chinese Firm of Targeting its Overseas Assets

THE Nigerian government has accused Chinese company Zhongshan Fucheng Industrial Investment Co. Ltd. of launching a campaign to seize its assets abroad, including presidential jets. The accusation comes despite the company having no direct contractual ties with the federal government, according to presidential spokesperson Bayo Onanuga. The dispute originates from …

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