The Minister of Power, Saleh Mamman, has said that the Nigeria’s installed grid power generation capacity has grown from 8,000mw to 13,000mw under the leadership of President Muhammadu Buhari. Mamman made this known on Wednesday during the 2021 budget defence before the House of Representatives Committee on Power in Abuja. He also said that the distribution system had the capacity to evacuate 5,500mw of power having grown from 4,500mw in 2015. “Under the able leadership of President Muhammadu Buhari, the country’s grid power capacity has increased significantly from the time this…
Read MoreDay: October 28, 2020
SE market capitalisation gains N239bn on enhanced confidence
The Nigerian Stock Exchange market capitalisation gained N239 billion in about six hours of trading on Wednesday, due to crash in money market instruments and improved third quarter earnings. Specifically, the market capitalisation which opened at N15.147 trillion rose by N239 billion or 1.58 per cent to close at N15.386 trillion. Also, the All Share Index increased by 457.31 points or 1.58 per cent to close at 29,437.60 from 28,980.29 posted on Tuesday. The uptrend was impacted by gains recorded in large and medium capitalised stocks, amongst which are; Nestle,…
Read More#EndSARS: Police arrest 31 looters, 28 suspected criminals in Kano
The Police Command in Kano State, says it has arrested 31 suspects for looting of public and private property in the EndSARS protest in Kano metropolis. The command also arrested 28 other suspected criminals during the protest. The Command’s Public Relations Officer, DSP Abdullahi Haruna, made the disclosure at a news conference in Kano on Wednesday. Haruna said that the suspects were arrested between Oct.19 and 20, by the team of Operation Puff Adder led by DCP Sule Balarabe. He noted that on Oct. 19, at about 7:15 p.m. a group…
Read MoreEid-el-Maulud: Senate President preaches peace, love, tolerance
President of Senate Ahmad Lawn on Wednesday felicitated with Nigerians, particularly the Muslim Ummah, on the occasion of Eid-el-Maulud, which is the celebration of the birth of Prophet Mohammed. Lawan’s felicitation is contained in a statement by his Special Adviser on Media Ola Awoniyi in Abuja on Wednesday. He said that this year’s celebration came at a time that Nigeria was striving to restore law and order in the aftermath of the #EndSARS protests. “Our harrowing experience over the past few weeks underscores the need for us as a people…
Read MoreNYSC boss says 3-year jail term awaits anyone unlawfully in possession of uniforms
The Director-General, National Youth Service Corps (NYSC), Brig.-Gen. Shuaibu Ibrahim says anyone caught unlawfully with NYSC uniforms will face a three-year jail term. Ibrahim said this after hoodlums invaded the NYSC orientation camp in Kubwa, Abuja. Hoodlums on Tuesday carted away mattresses, food items and other materials meant for corps members. He said that the youth claimed to be searching for palliatives. “We don’t have palliatives in the camps, we are preparing for our orientation. “Imagine, the youth went away with our uniforms. “I want to appeal to Nigerian youth…
Read MoreJust In! KDSG relaxes curfew in all 23 LGAs
..permits movement from 6am to 6pm The Kaduna State Government has reviewed curfew hours throughout the 23 LGAs of the State. According to an issued by the state’s Commissioner, Ministry of Internal Security and Home Affairs, Samuel Aruwan, as from tomorrow, 29th October citizens can move and pursue their lawful business from 6am to 6pm.Details later..
Read MoreEid-el Maulud: PDP urges Nigerians to pray for direction, God’s intervention
The Peoples Democratic Party (PDP) has urged Nigerians to use this year’s Eid-el Maulud celebrations to pray for direction and God’s intervention to enable the country to overcome its social, economic and security challenges. The party made the call in a statement issued by its National Publicity Secretary, Kola Ologbondiyan, in Abuja on Wednesday. Ologbondiyan urged leaders to use the occasion to kindle a national rebirth with actions that reassure the people and reinforce the stability, unity and peaceful co-existence in the country. “Indeed, Eid-el Maulud, the celebration of the birth of the…
Read MoreSecondus commends Buhari for backing Okonjo-Iweala for WTO post
The Peoples Democratic Party (PDP) has commended President Muhammadu Buhari for backing Dr Ngozi Okonjo-Iweala in emerging as the first female and African Director-General of the World Trade Organisation (WTO). The party’s National Chairman, Uche Secondus, gave the commendation in a statement issued by his Media Aide, Ike Abonyi, in Abuja on Wednesday. Secondus welcomed what he described as historic emergence of Okonjo-Iweala, the Nigeria’s former Finance Minister, as the first female and African D-G of the WTO. He commended Buhari for putting aside political sentiment in backing both Okonjo-Iweala and Dr Akinwumi Adesina, the President of the…
Read MoreProtest stalls announcement of new V-C for University of Ibadan
Protests by unions on Wednesday compelled the University of Ibadan to suspend the announcement of a new vice-chancellor who would have been the 13th in line. Members of the Non-Academic Staff Union (NASU) and those of the Senior Staff Association of Nigerian Universities (SSANU) stormed the Council chambers where the final selection would have been made earlier on Wednesday and disrupted the proceedings. They also barricaded the varsity gate in protest against perceived plan by the university Council to impose an unpopular candidate as vice-chancellor at the premier university. Wale Akinremi,…
Read MoreBuhari meets Gen. T.Y. Danjuma at Aso Villa
President Muhammadu Buhari on Wednesday met behind closed doors with former Minister of Defence, retired Gen. T. Y. Danjuma, at the State House, Abuja. Sunday Aghaeze, the Personal Assistant to the President (Photography), confirmed this via pictorial reports on the meeting. The agenda of the meeting was unknown to State House correspondents as at the time of filing this report. However, sources gathered that the meeting may not be unconnected with the ongoing critical consultations with major stakeholders in the country aimed at finding lasting solutions to the nation security…
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