Category: News
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NERC Orders DisCos to Provide 20-Hour Daily Power Supply to BAND A Customers
The Nigerian Electricity Regulatory Commission (NERC) has issued a directive requiring electricity distribution companies (DisCos) to guarantee 20 hours of daily power supply to Band A customers. Speaking on Channels Television’s Morning Brief, NERC Commissioner for Licensing and Legal, Dafe Akpeneye, emphasized that DisCos must take immediate action to downgrade customers when they cannot consistently…
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71 Percent of Nigerian Households Cannot Afford Healthy Food, NBS Reports
A survey by the National Bureau of Statistics (NBS), supported by the World Bank, has revealed an alarming deterioration in Nigerian households’ access to nutritious food, with approximately two-thirds of families unable to maintain healthy diets due to financial constraints. The report, titled “Nigeria General Household Survey – Panel Wave 5 (2023/2024),” shows an increase…
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Sanwo-Olu Presents Record N3trn Budget for 2025 Fiscal Year
Lagos State Governor Babajide Sanwo-Olu has presented an ambitious 3 trillion naira budget proposal to the State House of Assembly for the 2025 fiscal year, marking a 32.5 percent increase from the current year’s 2.3 trillion naira budget. The proposal, dubbed the “Budget of Sustainability,” demonstrates the state’s commitment to economic growth and infrastructure development.…
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Yobe Hisbah Destroys N450,000 Worth of Alcohol
The Yobe State Hisbah Board has carried out the destruction of over 170 bottles of alcoholic beverages valued at N450,000 in Gashua, Bade Local Government Area, following a raid on a local hotel. Ibrahim Babagana Yurema, Chairman of Bade Local Government Area, who led the operation, emphasized the board’s determination to curb alcohol sales and…
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ICC Issues Arrest Warrants for Netanyahu, Hamas Leader Over Gaza War Crimes
The International Criminal Court (ICC) has issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu, former Defense Minister Yoav Gallant, and Hamas leader Ibrahim Al-Masri for alleged war crimes and crimes against humanity in the Gaza conflict. The court found “reasonable grounds” to believe Netanyahu and Gallant were criminally responsible for acts including murder, persecution,…
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Finnish Police Arrest Biafra Agitator Simon Ekpa on Terror-Related Charges
Simon Ekpa, the self-declared Prime Minister of the Biafra Republic Government in exile, has been arrested in Finland along with four other individuals on terror-related charges, according to Finnish authorities. The Central Criminal Police of Finland confirmed that Ekpa was remanded in custody by the Päijät-Häme District Court on suspicion of “public incitement to commit…
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Senate Approves Tinubu’s $2.2 Billion External Loan Request
The Nigerian Senate has granted approval for President Bola Tinubu to secure a $2.209 billion (N1.767 trillion) external loan, which will contribute to financing the N28.7 trillion 2024 budget as outlined in the Appropriation Act. The approval came during Thursday’s plenary following the presentation of the Senate Committee on Local and Foreign Debts report by…
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House of Reps Demands N500bn Recapitalisation for DisCos
The House of Representatives has issued a call for Nigeria’s electricity Distribution Companies (DisCos) to meet a minimum recapitalisation threshold of N500 billion to continue operations, amid growing concerns over their financial capacity and service delivery. During Wednesday’s plenary session, the House condemned what it described as “sabotage of economic development” by the DisCos, with…
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Soludo Presents N607bn 2025 Budget to Anambra Assembly
Anambra State Governor, Professor Chukwuma Soludo, has presented an ambitious N606.99 billion budget proposal to the State House of Assembly for the 2025 fiscal year, marking a substantial 48% increase from the N410.13 billion budgeted in 2024. The budget maintains a strong focus on capital expenditure at N467.5 billion, representing 77% of the total package,…
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FG Lifts NYSC Posting Restrictions, Expands Corps Members’ Job Opportunities
The Federal Government has revoked all previous National Youth Service Corps (NYSC) posting restrictions that had confined corps members to only four sectors. The new directive, announced through a ministerial memo dated November 18, 2024, marks a dramatic change in the scheme’s deployment strategy. Minister of Youth Development, Comrade Ayodele Olawande, issued the directive to…