In a demonstration of its support for President Bola Ahmed Tinubu’s CNG Initiative, which aims to provide cheaper and cleaner fuelling alternatives for all Nigerians, Dangote Cement Plc has made significant investments exceeding $280 million in compressed natural gas (CNG) technology and infrastructure. President Tinubu, whose commitment to CNG deployment and clean energy is unmatched in Africa, has maintained his administration’s drive to create a conducive environment for private sector investments and expand Nigeria’s CNG infrastructure to enhance energy efficiency and drive economic growth. As part of this initiative, he ordered the distribution of 1 million free CNG conversion kits…
Author: Abdoulaye Kay
A latest report by the Africa Trade Barometer has disclosed that Nigeria loses $26bn annually to power shortages, with the cost excluding spending on off-grid generators. “Economic losses arising from Nigeria’s electricity shortages are estimated to be USD 26 billion annually, without accounting for spending on fuel for off-grid generators, which is estimated to be a further USD 22 billion,” the report by Standard Bank said. It said businesses spend about $22 billion annually on off-grid fuel to offset the impact of power shortages, which further pushes operational costs. “In Nigeria, surveyed businesses must contend with a national grid that…
Former Niger Delta militant leader, Asari Dokubo, has accused President Bola Tinubu of betrayal after reportedly depleting his resources to support Tinubu’s presidential campaign. In a viral video, Dokubo expressed his dissatisfaction, stating that he would now ally with the northern region to challenge Tinubu in the 2027 elections. Dokubo reflected on past alliances with the North, saying, “I apologize to our elders; they were right in aligning with the North. As young men, we will now follow that same path.” He emphasised that “From today, I will work and ally with the North. Tinubu has betrayed me after I…
As frustration mounts following Nigeria’s continued electricity crisis, which has left millions of citizens, especially in the Southeast, Northwest, and Northeast, in complete blackout for the past three weeks, former Vice President Atiku Abubakar has urged the government to decentralize power generation and distribution, and enable states to take charge of their energy needs. Twitting on X handle @atiku on Saturday, Atiku highlighted the need for swift government intervention to restore electricity in the affected zones. He emphasized that localized control over power would prevent states from being affected by industrial disputes or policy delays at the federal level. “An…
In a society that often underestimates the intelligence and potential of veiled Muslim women, PEACE (AS-SALAAM) Magazine, Nigeria’s leading Islamic news publication, is set to make a bold statement. As part of its 22nd-anniversary celebration, PEACE Magazine proudly presents “The Honour Roll Ceremony,” a groundbreaking event to honour the academic excellence of 20 young Nigerian Muslim women from federal universities nationwide. Since its inception in 2002, PEACE Magazine has been a beacon of Islamic advocacy and responsible journalism. Over the past two decades, it has become a respected voice in Islamic journalism, committed to dispelling stereotypes, uplifting the Muslim community,…
“Nigeria” is written in Hausa (Najeriya) on the proposed BRICS reserve currency banknote. This tells me 3 things immediately. 1.) Nigeria’s application to join BRICS was almost certainly pushed by Muhammadu Buhari’s parochial, ethnocentric administration. He couldn’t do a single good deed as president without spoiling it. He sidestepped his country’s official language and put his ethnic language on the banknote, which is exactly what you would expect of Muhammadu Buhari. A truly disgraceful excuse for a president to the very end. Jamhuriyar Tarayyan Nijeriya 2.) The Tinubu CIA-puppet administration has nothing to do with it and is probably under…
The Nigerian National Petroleum Company Limited (NNPCL) has intensified efforts to locate five missing individuals following a helicopter crash in the Gulf of Guinea. The helicopter, registered as 5N-BQG, carried six passengers and two crew members. So far, three bodies have been recovered, and the search for the remaining five continues. On Thursday, Olufemi Soneye, NNPC Limited’s Chief Corporate Communications Officer, confirmed the information in a statement on X. According to Soneye, “On October 24, 2024, around 11:22 am, we lost contact with the helicopter—Register Number: 5N-BQG, engaged by NNPC Limited, which took off from Port Harcourt NAF Base en…
Dangote Cement Plc, Obajana Plant, has carried out a series of community service and public awareness programs as part of its activities for this year’s Sustainability Week in Kogi State. Speaking at the event, Dr Eseosa Ighile, Head of the Sustainability Department at Dangote Cement Plc, Obajana, highlighted that the company used Sustainability Week to engage with and support local communities through donations and outreach initiatives. She said: “Obajana Sustainability Champions visited the Ministry of Mercy orphanage in Lokoja, providing essential supplies, and food items, and spending quality time with the children and residents. The day was filled with fun…
President Bola Tinubu, represented by the Minister of Works, David Umahi, on Thursday, inaugurated the construction of the Sokoto-Badagry Highway. ASHENEWS reported the Minister of Works, David Umahi on 30 April 2024 as revealing that President Bola Tinubu had directed the Ministry of Works to begin designs for the Badagry-Sokoto Coastal Highway project. “I’m happy that Mr President has also directed me to start the immediate design of the Sokoto-Badagry Coastal Highway. This one is a spur of the Coastal highway, and that one is 1000 kilometres. “We’ve started the design and I’m very sure that as soon as Federal…
The Federal Ministry of Aviation and Aerospace Development has confirmed three persons dead in a helicopter crash that occurred in Port Harcourt, the Rivers State capital, on Thursday. The accident occurred at 11:22 a.m. along the waterways in Port Harcourt when the helicopter, a Sikorsky SK76 with registration 5NBQG and operated by East Wind Aviation, was en route from Port Harcourt Military Base (DNPM) to the Nuimantan oil rig. A total of eight persons were confirmed on board, said a spokesperson for the Ministry of Aviation and Aerospace Development, Odutayo Oluseyi. The aircraft ditched into the waters near Bonny Finima in the…