The Manufacturers Power Development Company Limited, a firm founded under the Manufacturers Association of Nigeria, (MAN), has said that current energy costs in the country are unsustainable for manufacturing firms, especially those receiving electricity in the Band-A category. To tackle this, the firm revealed that it now provides 10 companies with sustainable energy solutions as part of its effort to bridge the energy gap nationwide. The Acting Managing Director of MPDCL, Oweh Mba-Sam, who disclosed this in Lagos, said working with the 10 companies was the first stage of a…
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Hajj not a capital flight
By; Fatima Sanda Usara The National Hajj Commission of Nigeria (NAHCON) observed with dismay how some media outlets, for whatever reasons, have carried on with campaigns of calumny against the Commission despite several press briefings and press releases clearly explaining reasons and solutions to hitches encountered in the 2023 Hajj operations. In its bid to carry the press along, who in turn it is believed would clarify issues for their readers, NAHCON had kept the press updated about all knotty issues even before they become obvious, and sometimes only after…
Read MoreFull resignation statement of Sani Shaban from All Progressive Congress
LETTER OF RESIGNATION FROM THE ALL. PROGRESSIVES CONGRESS (APC) As you may be aware, my entire Political career has been devoted to the Progressive opposition ideology, which seeks to provide good governance at all levels to the citizenry of Nigeria. I was a founding member of the All People’s Party (APP) at the advent of this 4h Republic in Nigeria. In fact, I was one of the Four (4) persons who brought to, and built up the APP in Kaduna State from inception. As you may also recall, the APP…
Read MoreSPECIAL REPORT: CBN’s Naira Redesign: Scrutinising the raging debates
Aminu Imam The Central Bank of Nigeria (CBN) last month announced out-of-the-blue that it will redesign, produce, and circulate new series of banknotes at N100, N200, N500, and N1, 000 levels. According to the CBN governor, Godwin Emefiele, the management of the apex bank sought and obtained the approval of President Muhammadu Buhari for the initiative. He said the new and existing currencies shall remain legal tender and circulate together until January 31, 2023, when the existing currencies shall cease to be legal tender. Emefiele noted that significant hoarding of…
Read MoreBuhari’s speech at 77th session of UNGA in New York
WEDNESDAY 21ST SEPTEMBER, 2022 Mr. President, Heads of State and Government, Mr. Secretary-General, Distinguished delegates, Ladies and gentlemen, Mr. President, On behalf of the Government and people of Nigeria, I congratulate you on your well-deserved election as President of the 77th Session of this August Assembly. I assure you of the full support and cooperation of the Nigerian delegation during your tenure. I commend your predecessor, H.E Abdullah Shahid for the many remarkable achievements of the General Assembly under his leadership during these challenging times. May I also congratulate the Secretary-General, Mr.…
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