The Minister of Power, Adebayo Adelabu, revealed on April 5th that the recent increase in electricity tariff for Band A customers was prompted by the acknowledgment that allocating nearly 10% of the national budget solely to subsidizing electricity was unsustainable. Adelabu made this disclosure during a Ministerial Press Briefing organized by the Ministry of Information…
The Economic and Financial Crimes Commission (EFCC) has brought forth a fresh 26-count charge of corruption against the former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele. Emefiele is scheduled to appear before the Ikeja State High Court in Lagos on Monday, April 8, facing allegations of abuse of office in the allocation of billions…
The Lagos State Government has issued a directive to demolish a section of the renowned Landmark Beach Resort to facilitate the construction of the coastal highway for the Lagos-Calabar road project. In a letter dated March 19, 2024, addressed to the proprietor, Paul Onwuanibe, and signed by the Deputy Director of the Development Matters Department,…
According to reports, Boko Haram insurgents have carried out an ambush along Biu-Buni Yadi road in Borno state, resulting in the death of a Lieutenant Colonel and six soldiers. Sources revealed that the attack occurred at Kamuya, a village near Buratai, the hometown of former Chief of Army Staff, Lt. Gen Tukur Buratai (rtd). The…
The Nigerian Electricity Regulatory Commission (NERC) has issued a directive to electricity distribution companies (DisCos) to reimburse customers who were incorrectly billed at the new rate. According to a statement released on Saturday, April 6, by Abba Terab, the Deputy General Manager in charge of Market Competition and Rates at NERC, customers are to be…
