Nigerian Electricity Regulatory Commission (NERC) has ordered Ibadan Electricity Distribution Company (IBEDC) to write-off accumulated billings for all communities on Lalupon/Iwo Road electricity feeder in Ibadan, up till November 2020. NERC Chairman, Mr Olayiwola Oyelade, gave the order on Tuesday while deliberating on a case brought before the commission by the affected communities. Electricity Consumers’ Association on Lalupon/Iwo Road feeder had, on Nov. 27, 2020, sought help from NERC over it called outrageous billing. The communities also demanded for an end to what they called epileptic power supply to the area. In his ruling, Oyelade ordered IBEDC to start fresh billing from December…
Author: Abdallah el-Kurebe
The Debt Management Office (DMO) said President Muhammadu Buhari’s request for N2.343 trillion new borrowing was already captured in the 2021 budget The DMO made the clarification in tweets on Tuesday following Buhari’s request to the National Assembly to approve the new borrowing to fund critical capital projects in the 2021 budget. The Senate President, Ahmed Lawal presented Buhari ‘s request to the senators at plenary on Tuesday. DMO explained that proceeds of the loan were to be deployed to capital projects in various sectors of the economy. “President Muhammadu Buhari has recently written a letter to the National Assembly…
The Prosecutor of the International Criminal Court (ICC) has called on the Libyan Government to take all possible measures to arrest and surrender of Seif al-Islam Gaddafi to the court. Seif Al-Islam, a son of the late Libyan leader, Muammar Gaddafi, is the subject of an ICC warrant, Fatou Bensouda told the Security Council on Monday. “I must recall that the arrest warrant for Mr. Saif al-Islam Gaddafi is still outstanding,” Mrs. Bensouda said in a speech to the Security Council via videoconference. “I reiterate that Mr Gaddafi remains a willing fugitive from justice. I stress that Libya remains under…
The University of Lagos (UNILAG) has attracted N12 billion research grants in the past three and half years, the Vice-Chancellor, Prof. Oluwatoyin Ogundipe has said. Ogundipe made the disclosure in an interview on the side-lines of a public presentation of a book, in Lagos on Tuesday. The book entitled “Nutritional Biochemistry”, was written by Prof. Ifeolu Akinwande of the Department of Biochemistry, University of Lagos. According to Ogundipe, research remains one of the institution’s major areas of focus and is geared toward the development of the country. “In the last three and half years, we have been able to attract research…
Sudanese Prime Minister, Dr. Abdalla Hamdouk, announced on Monday that the World Bank, the International Monetary Fund (IMF) and the African Development Bank (AfDB) have written off their debts to Sudan, a step that will “open the door wide” for the return of Sudan to the international community. The state-owned Sudan News Agency (SUNA), said Dr. Hamdouk, in a press statement following the special session on addressing Sudan’s debts, expressed the country’s pleasure over the outcome of Paris Conference. He said the conference allows Sudan “to show the world the challenges, the change and the priorities of the transitional government”.…
The Confederation of African Football (CAF) has announced a new team that will lead the work of its standing committees. This follows a proposal by CAF President, Dr Patrice Motsepe, to then CAF Emergency Committee, who, in turn, forwarded the names to the Executive Committee for ratifications. At the recent Executive Committee meeting in Kigali, Rwanda, the following decisions were confirmed: Finance Committee: Mr. Fouzi Lekjaa continues his mission at the head of the Finance Committee. Lekjaa, President of FRMF (Moroccan Football Federation) and FIFA Council member, will be assisted by Mr. Andrew Kamanga, President of FAZ (Football Association of…
The Managing Director of the International Monetary Fund (IMF), Ms Kristalina Georgieva has assured African leaders of $33 billion from the expected Special Drawing Rights (SDR) of 650 billion dollars. She gave the assurance on Tuesday in Paris, France at the African Finance Summit hosted by French President, Emmanuel Macron, on post COVID-19 recovery. Georgieva said the fund would boost Africa’s reserves and liquidity without adding to its debt burden. “Our membership backs an unprecedented new allocation of SDR of $650 billion, by far the largest in our history. “Once approved, which we intend to achieve by the end of…
A technician and a yet-to-be-identified person have been confirmed dead as gas explosion rocked Conference Hotel in Abeokuta on Tuesday. The hotel, located at the Water Corporation headquarters junction, in Ogun capital, is owned by a former governor of the state, Gbenga Daniel. Three others were said to have sustained injuries in the explosion and are currently receiving treatment in a hospital. Confirming the incident, the Hotel Facility Manager, Tunde Osinubi, in a statement, said the explosion occurred as a result of a fake gas cylinder used while servicing a revolving door at the hotel. “A routine maintenance of the…
President Muhammadu Buhari has approved the appointment of prominent Labour activist, Issa Aremu, as the Director of the National Institute for Labour Studies (NILS). Malam Garba Shehu, the President’s spokesman, confirmed this in a statement in Abuja on Tuesday. Aremu has been a notable trade unionist who has risen through the ranks in the trade union hierarchy in Nigeria. The presidential aide also revealed that the president approved the appointment of Mallam Abubakar Fikpo as the substantive Director-General of the National Directorate of Employment (NDE). Before his appointment, Fikpo held the position in acting capacity. He said the appointments, which…
The year; 2023 is an election and a special year for the country, and indeed the whole of Africa. Nigerians will have another democratic opportunity to elect leaders who will govern the nation at the states and federal levels. The current level of decadence, uncertainty, the threat of balkanization, arms proliferation has gradually and steadily made the Nigerian project sinking into the abyss of poverty, hopelessness, insecurity, and deprivation. From Abuja, the Federal Capital down to the smallest village, people sleep with both eyes open for fear of looming and devastating insecurity. A village teacher in the northwest recently lamented…