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The Federal Government of Nigeria has sought the assistance of the United Kingdom Nigeria Infrastructure Advisory Facility (UKNIAF) in the creation of a National Infrastructure Register. The register aims to keep track of the country's infrastructure stock as part of the Integrated Infrastructure Master Plan. The Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, called on UKNIAF to align their plans with the national objectives and provide capacity building support to relevant ministries. The government recognizes the need to enhance institution capacity and strengthen public-private partnerships to bridge the infrastructure funding gap.
Anambra State Governor, Prof. Chukwuma Charles Soludo, visited the erosion site at Umuagu, Nnobi road, and emphasized the need for urgent assistance from the government and development partners. He pledged the immediate implementation of remedial measures to address the deep gully erosion, which has rendered the strategic Nnobi-Ideani-Nkpor Federal Road impassable. Governor Soludo called for collective action and preventive measures to mitigate erosion forces in the state.
The Federal Capital Territory (FCT) witnessed partial compliance during the two-day nationwide strike declared by the Nigeria Labour Congress (NLC). This article provides an in-depth analysis of the extent of compliance in various government institutions and presents divergent opinions on the strike action.
Nigeria's quest to upturn the European Union (EU) ban on selected agro commodities from export faces a major hurdle as the food items still contain excessive pesticides. The Federal Ministry of Agriculture and Rural Development (FMARD) is working with regulatory agencies to address this issue and ensure Nigeria's food exports meet global safety standards. Additionally, efforts are underway to tackle mycotoxin contamination and implement genetically modified crops resistant to insects.
Stakeholders will gather on October 5, 2023, to discuss investment opportunities and address challenges in Nigeria's energy sector. The conference will focus on Nigeria's energy transition plan and the need for increased investments to achieve the set goals. Various industry experts, regulators, and key players in the oil and gas sector are expected to attend the conference.
A resident of the El-Rufai Estate in Abuja, Nigeria, has been kidnapped by suspected bandits, marking the fifth kidnapping in the region in recent months. The incident has raised concerns about the increasing insecurity in Nigeria and the need for stronger security measures. Local communities await governmental action to address the issue.
A deadly attack on a mosque in the Kaduna state of northwestern Nigeria has left at least seven people dead and two others injured. The assailants targeted the mosque in the remote village of Saya during evening prayers. The police spokesperson confirmed the incident and stated that the injured individuals have been taken to a hospital for treatment. The motive behind the attack remains unclear, and an investigation is underway.
Former Governor of Ondo State, Dr. Olusegun Mimiko, reveals that Pa Reuben Fasoranti, leader of Afenifere, desires to unite and strengthen the Pan-Yoruba organization. A committee has been constituted to achieve this goal and reposition the group towards fulfilling its objectives.
The Peoples Democratic Party (PDP) has expressed confidence in winning the upcoming governorship election in Kogi State. The party vows to repeat the 2003 upset by defeating the incumbent government, promising protection for its members and the electorate. PDP chieftain Alhaji Ibrahim Idris unveiled Senator Dino Melaye as the party's candidate, stating that he has the capacity and competence to lead the state to prosperity once again.
Nigeria is taking steps to diversify its economy and reduce its dependency on oil by setting up a state-backed corporation in the mining sector. The Nigerian Solid Minerals Corporation aims to attract foreign direct investment and leverage the country's attractive investment climate. This move comes as part of President Bola Tinubu's efforts to improve Nigeria's investment climate and draw global capital to develop infrastructure.
Engr. Seyi Makinde, the Governor of Oyo state, has appointed Prince Afolabi Ghandi Olaoye as the new Soun-elect of Ogbomosoland. The announcement was made by the state Commissioner for Local Government and Chieftaincy Matters, Hon. Olusegun Olayiwola. The appointment follows the proper legal processes and signifies an opportunity for the monarch-elect to bring harmony and progress to his people.
Latest news summary in Nigeria
Nigerian Exchange Limited (NGX) has emphasized the importance of financial literacy and awareness in tackling the issue of rising unclaimed dividends in the capital market. The Securities and Exchange Commission (SEC) has struggled to address the increasing amount of unclaimed dividends, which has reached N190 billion. NGX organized a webinar in collaboration with Futureview Asset Management Limited to guide investors on how to process outstanding dividends and retrieve their unclaimed dividends. Through technology and increased access, NGX aims to reduce friction and promote retail participation in the market.
The Nigerian Air Force (NAF) has recently achieved remarkable success in its battle against terrorism, militancy, and illegal oil refining activities. With strategic air strikes, the NAF has demonstrated its unwavering commitment to national security, environmental protection, and economic stability. These operations have proven highly effective in dismantling terrorist hideouts, destroying weapon storage hubs, combating illegal oil refining, and sending a strong message to perpetrators.
Nigeria's President Bola Tinubu plans to attend the G20 summit in India to promote foreign investment in Africa's largest economy, attract global capital, and develop infrastructure. The summit aims to discuss the urgent need for foreign direct investment and mobilizing private capital for Nigeria's public infrastructure. Tinubu will meet with leaders from Brazil, India, South Korea, and Germany, as well as Indian executives during his visit.
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