Electricity tariff hike looms as FG raises gas price
The Federal Government, on Monday, announced that the new price of natural gas for power generation companies is now $2.42 per metric million British thermal unit, higher than the previous rate of $2.18mmbtu. Nigeria…
Bank recapitalisation will worsen unemployment– Analysts
Financial experts have projected that the ongoing bank recapitalisation exercise would worsen unemployment in the country. In separate chats with The PUNCH, the experts also noted the recapitalisation exercise would…
FG mobilises contractor for underwater repair of Third Mainland, Carter Bridges
The Minister of Works, David Umahi, said the Federal Government has mobilised contractor for the repair of underdeck and underwater damage of the Third Mainland Bridge and…
Kaduna’s debt and unEl-Rufaic silence
BENJAMIN Franklin alias Mrs. Silence Dogwood (January 17, 1706-April 17, 1790), was one of the greatest statesmen of the United States of America.…
UK-based Nigerian pastor speaks on allegation he slept with wife of Super Eagles player
A United Kingdom-based Nigerian Pastor, Tobi Adegboyega, has reacted to the allegation of having had sexual relations with Ezinne Kayode, the wife of Super Eagles…
Oyo monarch plans to reconcile KWAM 1, aggrieved ex-drummer
The Aseyin of Iseyin, Oba Sefiu Oyebola Ajirotutu Adeyeri III, on Monday, intervened in the feud and verbal exchanges between ace Fuji musician, King Wasiu Ayinde Marshall popularly called KWAM 1, and his estranged lead…
FG should engage monarchs for palliatives distribution — Oluwo
The Oluwo of Iwo, Oba Abdulrosheed Akanbi, on Monday, distributed grains to aged and vulnerable residents in his domain, urging the Federal Government to consider channelling palliatives to poor Nigerians through…
Nigerian railway generated N1bn revenue in three months – NBS
The Nigerian Railway Corporation generated N1.07bn as revenue from passengers in Q4 of 2023, the National Bureau of Statistics has said. According to News Agency of Nigeria, this is contained in the NBS Rail…
NITDA warns Nigerians against QR code scams
The National Information Technology Development Agency has issued a cautionary alert to Nigerians, advising them to exercise caution when scanning QR codes due to the surge in fraudulent activities orchestrated by…
Six ministers resign amid Peru president’s Rolex watches probe
Six Peruvian cabinet ministers resigned Monday in a reshuffle that came amid a probe of how President Dina Boluarte obtained Rolex watches she has been seen wearing. With Peru feasting on a scandal dubbed Rolexgate,…
Hardship: Residents overpower truck driver; loot rice, beans, garri branded in Tinubu’s name in Ondo
Residents of Akure, Ondo state capital, on Monday, engaged in widespread looting of food items and grains conveyed by a truck into the state, Peoples Gazette can report. The truck was overpowered after it developed a…
‘Why National Grid Collapses’
Idowu Oyebanjo, a power system engineer, has revealed some factors responsible for the national grid collapse in Nigeria. Oyebanjo disclosed this when highlighting issues affecting effective power supply in Nigeria during…
FG’s Closeness To US, UK Has Been Harmful To Nigeria – Fani-Kayode
Former Aviation Minister, Chief Femi Fani-Kayode, has said the federal government’s close alliance with the United States, the United Kingdom, and other super powers in the West is harmful to Nigeria. The former minister…
JUST IN: Tinubu jets off to Senegal for Faye’s inauguration Tuesday
President Bola Tinubu will depart Abuja on Tuesday, April 2, 2024, for Dakar, Senegal, to attend the inauguration of Senegal’s President-elect, Bassirou Faye. The Presidency disclosed this in a statement by Tinubu’s Special…
We’re ready for Abuja-London route; Houston, New York in works — Onyema
The Chief Executive Officer (CEO) of Air Peace Airlines, Allen Onyema said the airline is ready to take Abuja-London flight and is planning to begin flights to New York and Houston by the end of 2024. Onyema disclosed…
Primary elections: APC, PDP raise over N800 million from Ondo governorship aspirants
Ahead of the November 2024 governorship election in Ondo State, the All Progressives Congress (APC) and the Peoples Democratic Party (PDP) have amassed over N800 million from selling expression of interest and nomination…
Southwest senators ask Akpabio to stay firm as northern leaders insist on Ningi’s reinstatement
The lingering crisis in the Senate between loyalists of the President of the upper legislative chamber, Godswill Akpabio and Northern lawmakers has shifted to governors and other political leaders from the North. The crisis…
Pipeline vandalism: FG may transport crude oil via trucks
The Federal Government has adopted a virtual means of evacuation of crude oil that involves the utilisation of barges and trucks for the transportation of crude from the…
Kaduna debt: Why I won’t respond to Bashir El-Rufai – Gov Sani
Governor Uba Sani has described a recent attack by Bashir, son of his predecessor, Nasir El-Rufai, as a mere distraction. Governor Sani had lamented the inability of his government to pay salaries due to the huge debt…
Tinubu’s govt to sell three presidential air fleet aircraft as jets gulp billions in maintenance
The Tinubu Administration has decided to sell three aircraft from the Presidential Air Fleet (PAF) in a move aimed at cost-saving measures. The decision comes amidst concerns over the rising maintenance costs associated…
Nigerians more religious than godly – Ishaq Oloyede
The Registrar, Joint Admissions and Matriculation Board, Prof. Ishaq Oloyede, has described Nigerians as religious people, who are not necessarily godly. According to him, many Nigerians shun hard work but turn to…
lslamic cleric arrested with fresh human parts in Ondo
An lslamic cleric, Oluwafemi Idris, has been arrested by police detectives in Ondo State for unlawful possession of fresh human parts. The suspected ritualist, according to police source, was arrested in a town in…
Why Nigeria’s oil belongs to the North – Bugaje
…Says constituency projects are SPVs for corrupt practices …Governance by trial-and-error is not helpful Former presidential aide, Dr. Usman Bugaje, in this…
Recapitalisation: Banks sweat over exclusion of N3.8trn retained profit
As bankers begin from tomorrow to strategise on how to meet the new capital structure prescribed by the Central Bank of Nigeria, CBN, on the eve of the Easter holiday,…