President Muhammadu Buhari has directed the National Agency for Science and Engineering Infrastructure (NASENI) to produce more solar cells to boost the alternative power sources in the country. Chief Executive Officer of NASENI, Prof. Mohammed Haruna made this known to State House correspondents after briefing the president on the activities of the Agency on Friday in Abuja. According to Haruna, Buhari who is the Chairman of NASENI also directed the implementation of modular irrigation project and the production of more farm implements, to boost agricultural activities. “The President is impressed that NASENI is delivering on its mandate. I gave him…
Author: Newsdesk
A former Nigerian Ambassador to India, Maj.-Gen. Chris Eze (rtd.), from Udenu local government area of Enugu state, has resigned his membership of the All Progressives Congress (APC). Eze disclosed this in a letter dated August 4, 2022, addressed to the Chairman, APC, Udunedem Ward in Udenu LGA and made available to newsmen on Friday in Enugu. The retired major general said that his decision to quit the party was due to the dictatorial manner in which the party was administered in the state. Eze, who was the first elected secretary of the APC in Enugu state, said that he would…
Coronation Insurance Plc said recorded N14.13 billion Gross Premium Written (GPW) for the financial year ended December 31, 2021. The Chairman of the company, Mr Mutiu Sunmonu, said this in a statement containing the group’s Audited Financial Result for year 2021 sent to the Nigerian Exchange Ltd., on Friday in Lagos. Sunmonu said the figure was lower when compared with N16.1 billion posted in the comparative period of 2020. He said that the firm generated net underwriting income of N9.66 billion and paid N7.31 billion as claims during the period under review. He said it recorded a total underwriting profit…
The Ministry of Humanitarian Affairs, Disaster Management and Social Development, has commenced disbursement of cash grants of N20,000 each to 2,219 poor and vulnerable persons, totaling N44,380,000 in Bayelsa. The Minister, Sadiya Farouq while disbursing the grants in Yenagoa on Friday, said that the beneficiaries were drawn from the eight local government areas of the state. Faroug said the exercise was part of the federal government’s efforts to consolidate on the National Social Investment Programme (NSIP). She said the programme was designed by the President Muhammadu Buhari’s administration to alleviate the sufferings of the poor and vulnerable citizens of the…
President Muhammadu Buhari has said that government had recognised that some of the security challenges confronting Nigeria were imported by foreign elements. Buhari, who was represented by the Secretary to the Government of the Federation, Boss Mustapha, stated this at the Graduation of Course 30 of the National Defence College (NDC) on Friday in Abuja. He said that the nation and indeed the African region had been facing difficult times such as terrorism in the North East, banditry and other criminal activities across the country. He added that the military and other security agencies have been given directives to decisively…
Rafael Nadal has withdrawn from the Canadian Open as the Spaniard has not fully recovered from an abdominal tear. Nadal’s bid to complete a rare clean sweep of the grand slams ended when he suffered an injury setback at Wimbledon in July. The 22-time major champion pulled out ahead of a semi-final against Nick Kyrgios, who received a walkover and lost to Novak Djokovic in the championship match. Nadal was due to return in Montreal next week, but on Friday revealed he will not travel to Canada to play in a tournament he has won five times. The world number…
A serving Colonel in the Nigerian Army, Nicholas Ashinze has won the ‘Brazilian Government Prize for the Best Project on Science and Technology, PRNigeria has reported. He received the prize at the National Defence College Nigeria (NDC) Course 30 Graduation in Abuja, on Friday. The College, established in 1992, also celebrated its 30th anniversary. Ashinze of the military intelligence corps bagged the prize for an outstanding research project titled, “Digital Currency and National Development in Nigeria: E-Naira in Perspective”. Speaking at the event, President Muhammadu Buhari, noted that his government is deeply worried over the activities of bandits, terrorists and…
Four persons were burnt to death on Friday while 16 others sustained injuries in a lone accident involving a Mazda bus at Oniworo, Foursquare Camp area of the Lagos-Ibadan Expressway. Mr Ahmed Umar, FRSC Sector Commander in Ogun confirmed the accident in Abeokuta, saying the accident occurred at 7:50 a.m. He stated that the bus driver was speeding excessively before losing control and ramming into the median. The bus summersaulted and went into flames. “A total of 20 persons were involved, four burnt beyond recognition while one female and 15 men were injured. Umar stated that the injured victims were…
The Budget Foundation, a Non-Governmental Organization (NGO), says it has tracked 16,213 constituency projects in 583 out of 774 local government areas in the country. The Foundation’s Budget Developer, Mr Henry Omokhaye, made the disclosure in Lokoja at a 2-Day Training Workshop organised by Stallion Times, an Non-Governmental Organization (NGO) Supported by McAuthour Foundation, on Thursday. The budget expert, who spoke on the topic: “Budget Monitoring: Understanding the Concept and Tracking Constituency Projects,” underscored the importance of budget tracking by citizens including the media. Omokhaye said that the tracking was carried out in 11,017 communities in 33 states of the…
The London Stock Exchange Group Plc on Friday announced a share repurchase programme with a total value of up to 750 million euros ($912 million) to reduce the company’s share capital. The move was intended for voting ordinary shares of 6.79-6.86 pence each, the company said in a statement. The drive was expected to be completed over a period of up to one year in multiple tranches, with the launch of the first tranche on Friday. For the first tranche, expected to be completed by December 5, LSE had instructed Goldman Sachs to purchase the shares with a value of…