Author: Ifetayo Adeniyi

Nigeria gets approval to host $5bn African Energy Bank The Council of Ministers of the African Petroleum Producers Organisation (APPO), on Thursday, approved Nigeria to host the headquarters of the $5 billion Africa Energy Bank. Several countries, including Ghana, Benin, Algeria, South Africa, and Cote D’Ivoire were in a contest to host the bank, which aims to facilitate access to funding for energy projects and enhance energy security within the African region. Speaking at an extraordinary meeting of the council Heineken Lokpobiri, Nigeria’s minister of state for petroleum resources (oil), said that the move was a significant step for the…

Senator Gbenga Daniel’s Federal College of Aviation Technology Bill Scheduled for Public Hearing Senator Gbenga Daniel A public hearing has been scheduled for the proposed bill on the establishment of the Federal College of Aviation Technology in Ilara Remo, Ogun State. This bill, known as the Federal College of Aviation Technology, Ilara Remo, Ogun State (Establishment) Bill 2024 (58.52), has been put forward by His Excellency Senator Otunba Engr Gbenga Daniel, FNSE, FAEng. All stakeholders and members of the general public are invited to attend this important event. The hearing will provide an opportunity for discussion and input on the…

Jigawa, BoI Sign MoU To Launch N6bn MSME Growth Fund “This collaboration is historic,” Dr. Olusi remarked. “Providing financial support to MSMEs across Jigawa’s 27 local governments will boost the manufacturing sector and support their value chains… ” The Bank of Industry (BoI) and the Jigawa State Government have signed a Memorandum of Understanding (MoU) to create a N6 billion MSME Growth Fund. This notable partnership was marked by the inauguration of BoI’s 33rd state office in Dutse. The loans offered through this fund will be available at single-digit interest rates. Executive governor of Jigawa State, Mallam Umar Namadi, lauded…

Sanwo-Olu: Employment Trust Fund created 221,000 jobs from inception In a statement on his X handle, he said, “I spoke on our journey toward sustainable job creation and economic growth in Lagos State… ” The Lagos State Governor, Babajide Sanwo-Olu, on Wednesday, said the Lagos State Employment Trust Fund created 221,000 jobs since its inception. The governor spoke at the Lagos Employment Summit organised by the Trust Fund. In a statement on his X handle, he said, “I spoke on our journey toward sustainable job creation and economic growth in Lagos State. “Over the past year, we have made significant…

As FG intensifies efforts to end gas flaring, stakeholders optimistic For almost six decades, Nigeria has been flaring gas, unaware of the significant losses it was incurring by wasting this valuable natural resource. Recognising the error of its ways, the government has attempted to implement various solutions to eliminate gas flaring, but unfortunately, these efforts have yet to yield any notable progress. But recently, Nedogas and the NCDMB created a pathway for others to follow with the Kwale Gas Gathering Hub and Nedogas Modular Gas Plant in Delta State. The strategic partnership between the Nigerian Content Development and Monitoring Board…

2024 Summer Picnic: Yoruba Community Association, Toronto Celebrates Summer With Vibrant Cultural Picnic The Yoruba Community Association of Toronto is having its annual Summer Picnic on July 6, 2024, at G. Ross Lord Park, located at 4801 Dufferin St., North York, M3H 5T3. The picnic, according to the organizers, promises to be a day filled with cultural festivities, community bonding, and a joyous celebration of Yoruba heritage. Attendees will enjoy a rich blend of traditional music, dance, games, and attire, creating a vibrant and colorful atmosphere that reflects the essence of Yoruba culture. The Summer Picnic serves as an opportunity…

eTranzact Expands Utility Bill Payment Solutions To Northern Nigeria eTranzact Plc, a leading e-payment gateway company, has announced the expansion of its utility bill payment solutions to the northern region of Nigeria. Residents of Jos, Bauchi, and Kaduna can now effortlessly top up their electricity bills using the Powercode service by simply dialing *389# on their mobile phones and following the instructions. This expansion underscores eTranzact’s commitment to providing Nigerians with an easy and convenient lifestyle. Group Head, Financial Services and Collections at eTranzact, Abimbola Reis, expressed the company’s dedication to improving accessibility for all Nigerians: “At eTranzact, we are…

Widows for Peace Through Democracy: Popular Nigerian Widows Who Have Risen Above Social Stigma And Become Winners Widowhood is caused by so many factors, including disease, poverty, war, accident, negligence and sometimes hatred, which always culminates in the death of a dear husband. For many women around the world, the devastating loss of a husband is always characterised by negligence and a long-term fight for their basic rights and dignity. It is a very traumatic experience. Although there are more than 258 million widows around the world, widows have historically been left unsupported in the various spectrums of society. They…

FG to establish housing fund for indigent Nigerians – Minister The Minister of Housing and Urban Development, Mr Ahmed Dangiwa, says the Federal Government is planning to establish a National Social Housing Fund (NSHF) for low income earners. The minister stated this in his keynote address at the opening of the maiden Kaduna International Housing Exhibition, held at the Umaru Musa Yar’Adua Hall, Kaduna on Monday. Dangiwa explained that the NSHF would pool funds from the government budget, philanthropic organizations and well-meaning Nigerians to provide decent shelter for citizens who cannot afford to own homes. The minister also added that…

First Lady announces N20m cash award for One Nigeria unity fabric competition winner The First Lady, Senator Remi Tinubu on Tuesday announced that the winner of this year’s Organization of African First Ladies for Development’s (OAFLAD), fabric competition will go home with a cash prize of N20million. Senator Tinubu stated this during a press briefing at the presidential villa, Abuja to select the winning design fir the #OneNigeria/unity fabric. The First Lady said she first learned about the OAFLAD concept when she visited Zimbabwe in December 2023 for the launch of their #WeAreEqual unifying campaign. According to her, ‘I think…