Power Generation Companies (GenCos) have raised the alarm that over N3.7trn debt owed to the companies is threatening their operations, warning that failure to settle it will result in the collapse of electricity generation in the country. Board Chairman of the companies, Col. Sani Bello (rtd.) lamented in a statement that Gencos had been left to bear the brunt of the liquidity crises in the electricity sector. Bello said their precarious situation had been further worsened by the NERC current Multi-Year Tariff Order ((MYTO) with the payment of only 9 to 11 percent of services it rendered being paid for…
Author: Daily News Hub
Former governor of Sokoto State and Senator representing Sokoto South Senatorial Zone, Senator Aminu Tambuwal, says President Bola Tinubu cannot dissociate his administration from the failures of his predecessor, former President Muhammadu Buhari. He therefore charged Tinubu to stop using some unsolicited and negative remarks about Buhari’s tenure. Tambuwal, who served as the Director General of the Peoples Democratic Party in the 2023 general elections, stated that the All Progressives Congress-led administration, from the first day in office, had no plans for securing the country, but only interested in grabbing power to rule Nigeria. He said, “The same Tinubu government…
A yet-to-be-specified number of people lost their lives when a trailer lost control and crushed two tricycles at Oba along the Onitsha-Owerri Expressway, Idemili South Local Government Area of Anambra State, on Sunday. Our correspondent gathered that the fatal crash occurred at about 9 am and the victims were said to be on their way to attend a church service when the accident occurred. Sources at the scene said the driver of the heavy-duty truck failed brakes, lost control and while trying to control the vehicle, eventually rammed into the two fully loaded tricycles, thereby pushing it and some of…
Kogi State Government, on Sunday, announced the rescue of the remaining eight kidnapped students of Confluence University of Science and Technology, Osara. The students, it was learnt, were rescued in a forest in Kwara State during an operation carried out in collaboration with the government of the state. State Commissioner for Information, Kingsley Fanwo, said in a statement on Sunday, that Governor Ododo had directed full support towards the recovery of the students and their parents, while modalities are being put in place to make the state safer for all. Fanwo’s statement read, “The government of Kogi State expresses profound…
…backs strike action National Association of Nigerian Students, on Sunday, threw its weight behind the Nigeria Labour Congress and the Trade Union Congress in their demand for an increase in the national minimum wage. NLC had on Friday declared an indefinite nationwide strike to commence on Monday, following Federal Government’s refusal to raise the proposed minimum wage above N60,000. NLC President, Joe Ajaero, explained that the declaration of the strike followed unsuccessful negotiations between the government and organized labour. Despite the government’s final offer of N60,000, which was recently increased from an initial N57,000, the labour unions rejected the proposal.…
National Agency for Food and Drug Administration and Control, on Sunday, again warned Nigerians about the harm in using dangerous chemicals to preserve food items. Already, NAFDAC has since banned and emphasized the dangers associated with dichlorvos, a chemical commonly used by traders to safeguard food from getting spoilt. NAFDAC’s Resident Media Consultant, Sayo Akintola, in a statement on Sunday, expressed the agency’s concerns over a recent viral video showing some persons using dangerous chemicals to preserve food items like beans, stockfish, and crayfish. “The sale of small volume dichlorvos (100 ml or less), sold as Sniper® has been banned…
By Ayo Arowojolu The fast waning, diminishing esteem and regalness of traditional rulers in Nigeria will take the centrestage of debate on the popular monthly interview discourse, Boiling Point Arena, on Sunday June 9, 2024. This time around, two eminent personalities, the Olu of Igbokoda in Ondo State, Oba Afolabi Odidiomo and an elderstatesman and cultural icon, Dr Yemi Farounbi are the Guest Speakers to mount the podium. The topic of discourse is: “Erosion of Traditional Dignity: How Nigeria’s Flawed Political and Judicial Systems Undermine Stature of Traditional Rulers.” The once-in-a-month current affairs programme will hold via Zoom on Sunday…
Former President, Chief Olusegun Obasanjo, says Nigeria is becoming more volatile, uncertain and complex. Obasanjo also said that insecurity had turned Nigeria to a dangerous country, reeling under so much suffering and hunger. He therefore charged the country’s leadership to wake up to its responsibilities in order to create a better world for all Nigerians. The former president spoke in Lagos at the Africa Methodist Council Heads of Conference Summit and Women’s Movement Leadership Summit, where he was the Chairman of the public lecture. The lecture’s topic, presented by the General Secretary, World Methodist Council, Bishop Ivan Abrahams, was, ‘Leadership…
Director-General of the Manufacturing Association of Nigeria, Ajayi Kadri, says the organised private sector accepted the Federal Government’s proposal of N60,000 new minimum wage. Ajayi made this confirmation while speaking on a Channels TV interview programme in Abuja on Saturday. He said ongoing negotiations between the government, the private sector and labour were focused on establishing a minimum wage, which represents the lowest amount that can be paid to any worker in the country and not a living wage. He noted that both labour and private businesses have been facing significant economic challenges, making it extremely difficult for them to…
A Nigerian medical doctor, Rose Agwu, has cried out for help after soldiers invaded her home in Abia State and arrested her 15-year-old brother and sister. Agwu, who resides near Obikabia Junction in the Aba area of the state, said the soldiers broke into her home and took away her siblings, sparing only her 72-year-old father at about 5 am on Friday. She revealed this in a series of posts on her X handle on Friday morning. According to Agwu, her siblings were taken without any information on their whereabouts or the reason for their arrest. She stated, “Around 5…