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News Summary of April 17, 2024 in Nigeria

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News Summary of April 17, 2024 in Nigeria
Latest news summary in Nigeria

According to a report, the global and domestic economy outlook for Nigeria is expected to improve this year. The suspension of mining activities within the Obafemi Awolowo University (OAU) and other locations has been announced by the Nigerian government. A judge in Nigeria will rule next month on the bail of a separatist leader. The former Lagos state governor, Bola Tinubu, has stated that Nigeria will no longer pay ransom to armed gangs. The equities market in Nigeria suffered its biggest loss in April, resulting in investors losing ₦1.1 trillion. The Delta orientation bureau has warned against the selling, buying, and "spraying" of Naira banknotes. The Satellite Towns Coordinator has been warned by Governor Nyesom Wike of Rivers State against negotiating with contractors. The Nigerian Air Force (NAF) has eliminated terrorists kingpins, including Ali Dawud and Bakurah Fallujah. Smallholder farmers in Nigeria need timely weather information to prevent losses, according to the Minister of Agriculture and Food Security. The brutalized minor in Nigeria has been offered a full primary-university scholarship by Governor David Umaru Mbah. The Nigerian Meteorological Agency (NiMet) and the Ministry of Agriculture are partnering to improve agricultural production. The Nigerian stock market rebounded with a ₦57 billion gain and increased buying interest. The Kogi State Governor, Usman Ododo, reportedly aided former Governor Yahaya Bello's escape from arrest by the Economic and Financial Crimes Commission (EFCC). The Kano Electricity Distribution Company (KEDCO) plans to invest ₦1.2 billion in network expansion to cover the international grains market. The Northern Elders Forum (NEF) has condemned attacks on northerners in southern Nigeria and dismissed discussions on the 2027 election. The Nigerians in Diaspora Commission (NiDCOM) and USAID are set to engage with Nigerian professionals in the US and create a think-tank, among other initiatives. The governor of Ebonyi State, David Umaru Mbah, is taking tough action against abusers and has taken over the education of a brutalized minor. Thirty suspected terrorists were killed in Nigerian military airstrikes. A group has criticized the suspension of Kano State Governor Abdullahi Ganduje and described it as judicial rascality. The Federal Court has threatened an indefinite adjournment in the trial of Nnamdi Kanu. The military reaffirms its support for road construction in Ebonyi State. The Northern Elders have been advised not to distract Bola Tinubu and his administration. Senator Akon Eyakenyi has called for women empowerment in Akwa Ibom to boost Nigeria's economy. The Nigeria Upstream Petroleum Regulatory Commission (NUPRC) has listed the benefits of the Nigerian Gas Flare Commercialization Programme (NGFCP) and assured investors of a quality regulatory environment. The Media Office of Yahaya Bello appeals to Bola Tinubu to call the EFCC to order. Following the EFCC's raid on his Abuja home, Yahaya Bello sends a message to Bola Tinubu. The Hisbah in Nigeria plans to sensitize officials on child rights and protection. JAMB has delisted certain centres for the Unified Tertiary Matriculation Examination (UTME) in 2024. Seplat Energy celebrated a decade of dual listing by ringing the bell at the Nigerian Stock Exchange. Kano State Governor Abdullahi Ganduje has praised CP Sama'ila Shuaibu Gumel for his role in maintaining peace in the state. Yahaya Bello was allegedly moved out of his besieged residence by Governor Usman Ododo of Kogi State. The Council for the Regulation of Engineering in Nigeria (COREN) calls on the federal government to test indigenous engineers with projects. A sacked police sergeant confesses to giving information to his father's kidnappers and receiving ₦500,000 from a ₦5 million ransom. The Speaker of the Delta State House of Assembly, Sheriff Oborevwori, pledges a friendly environment for investors. Nigeria needs about 300 storage facilities to address post-harvest losses, according to the Institute for Agricultural Research. The Port Harcourt refinery in Nigeria is undergoing regulatory and compliance tests before full operation commences. The Nigerian Civil Aviation Authority (NCAA) has ordered the reevaluation of private jet licenses within 72 hours and suspended three operators. Aviassist and Landover have partnered on West African aviation safety initiatives. The First Lady of Nigeria, Aisha Buhari, has launched the Renewed Hope Initiative Programme for South West Women in Abeokuta.

Source of content: OOO News 2024-04-17 News

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