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Supply Enough Petrol For Local Consumption, Tinubu Tells Dangote, Others

He said this would enable the channelling of foreign exchange into the development of the real sector. The president stated this Tuesday during a review meeting of the Implementation Committee on the Naira-based sales of crude oil and refined products at State House, Abuja. The president said using the naira was conceived to remove the […]

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Bresson’s ₦180Bn Magboro Power Plant Start, Signs Power Purchase Pact With IBEDC

The first phase of Magboro Power Plant Kicked off Monday 28th October 2024 with official signing and unveiling of the 30 MW Power purchase agreement between Bresson A S, Magboro Power Company and Ibadan Distribution Company. Premium customers around Magboro, Mowe are expected within 11months to benefit from 24hours uninterrupted electricity supply as a result

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Dangote Backs Tinubu’s CNG Drive With N460bn Investment In Trucks, Others

As a demonstration of support for President Bola Ahmed Tinubu’s CNG Initiative, Dangote Cement Plc, has invested $280 million (over N460bn) in compressed natural gas (CNG) technology and infrastructure. According to it, the investment not only solidifies its leadership in the CNG sector but also reflects its dedication to mitigating climate change and supporting a transition

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National Theatre Renovation Completed

The iconic National Theatre in Lagos has been given a remarkable transformation, reigniting its status as a cultural landmark and revitalizing its facilities to meet world-class standards. This extensive renovation, which began in July 2021 under the management of the Bankers’ Committee, aims to foster Nigeria’s creative industry by providing a sophisticated platform for arts

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President Tinubu Reassigns 10 Ministers To New Portfolios 

In a press statement issued by the Presidency and obtained by SaharaReporters on Wednesday, the new appointment came amid the sacking of five ministers and reshuffling of his cabinet. SaharaReporters earlier reported that the president sacked five of his ministers. The names of the sacked ministers are Barr. Uju-Ken Ohanenye, Minister of Women Affairs; Lola

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Itelnigeria And Lagos Food Bank Celebrate World Food Day With Over 1000 Students

In celebration of World Food Day, itel Nigeria and the Lagos Food Bank Initiative extended their generosity and support to the students of Mawumadoka Orphans and Less Privileged School/Home, reaching over 1,000 children with essential food items and educational resources. The event, which took place on October 18,2024 aimed to address both immediate and long-term needs

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China Unveils A Train On Magnetic Levitation Capable Of Reaching 1000 Km/h 

China has unveiled a train on magnetic levitation capable of reaching 1000 km/h, following successful tests in a vacuum tube. This technology promises to revolutionize future transportation systems. This was reported by the railway transport news portal Railway Supply. China has demonstrated a new development in high-speed transport: a train on magnetic levitation capable of

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Marketers Resume Petrol Importation As Dangote Refinery Fails To Meet Target 

Petroleum marketers have resumed importing petrol to supplement the country’s fuel supply, following the inability of the Dangote Refinery to meet demand. Four vessels carrying 123.4 million litres of Premium Motor Spirit (PMS) arrived at Nigerian seaports between Friday, October 18, and Sunday, October 20.POLITICS NIGERIA reported earlier that the failure of the 650,000 barrels

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We Have Connected Over 40 Towns To National Grid, Says Oyebanji

Ekiti State Governor, Mr Biodun Oyebanji, on Saturday, disclosed that he had connected over 40 towns to the national grid since assumption of office two years ago, with intention to upscale local economy and add modern touch to the grassroots. Oyebanji spoke in Ado Ekiti, on Saturday, during the commissioning of De-Head/ Faglo Road and

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