Author: Newsdesk

The Federal Government, in partnership with the World Bank, has inaugurated the 500 million dollars Sustainable Power and Irrigation for Nigeria (SPIN) Project across the country. The Minister of Water Resources and Sanitation, Prof. Joseph Utsev, on Tuesday said SPIN would strengthen dam safety, improve irrigation and hydropower, and support food security, economic growth, and environmental sustainability nationwide. He added that the project would boost Nigeria’s resilience to floods, droughts, and climate variability while promoting sustainable energy development and modern water management across rural and urban areas. “SPIN aligns with President Bola Tinubu’s Renewed Hope Agenda, which prioritizes food security,…

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Justice Maryanne Anineh of the Federal Capital Territory High Court, Maitama, Abuja, on Tuesday, March 10, 2026, adjourned the trial of former Kogi State Governor, Yahaya Adoza Bello, till March 11 and 12, 2026, for continuation of trial. Bello is standing trial alongside Umar Shuaibu Oricha and Abdulsalami Hudu on a 16-count charge, bordering on alleged criminal breach of trust and money laundering to the tune of ₦110.4 billion. At the resumed hearing on Tuesday, prosecution counsel, Kemi Pinheiro, SAN, informed the court that the matter was scheduled for the continuation of the cross-examination of the 10th Prosecution Witness, PW10,…

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President Bola Tinubu has approved a targeted fiscal incentive designed to unlock the long awaited Final Investment Decision (FID) on the Bonga Southwest Aparo (BSWA) deepwater project. This is marking a milestone in Nigeria’s ongoing drive to attract strategic investments and accelerate sustainable economic growth. The project is estimated to attract about $20 billion in Foreign Direct Investment and position Nigeria for a new era of deepwater production. The approval followed months of intensive technical and commercial negotiations involving NNPC Limited as the concessionaire, the Nigeria Revenue Service (NRS), the Special Adviser to the President on Energy, Olu Verheijen, and…

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President Bola Tinubu has directed the Presidential Initiative on Compressed Natural Gas (PiCNG) to deploy about 100,000 vehicle conversion kits nationwide. The directive is aimed at expanding access to Compressed Natural Gas (CNG) as a cheaper and cleaner alternative to petrol. The Executive Chairman of PiCNG, Mr Ismael Ahmed, disclosed this after a closed-door meeting with the President on Tuesday at the Presidential Villa, Abuja. Ahmed said the president requested an update on the progress of the initiative and measures to cushion the effects of rising global petroleum prices. According to him, the president is particularly concerned about the impact…

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Operatives of the Kaduna Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) have arrested 15 male suspects over alleged involvement in illegal dealing on radioactive solid minerals. EFCC Spokesperson, Dele Oyewale said this in a statement on Tuesday in Abuja. Oyewale said the suspects were arrested on Sunday, along Suleja-Maji Road, in Niger State. He said that the suspects were conveying the suspected solid minerals in three trucks to several locations across Nigeria for an undisclosed purpose. He also said that the suspects were currently undergoing further investigations in the Kaduna Zonal Directorate of the commission and would…

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Africa’s ambition to feed itself and trade its way to prosperity took a meaningful step forward on 14th February, when two of the continent’s most influential institutions made their collaboration official. On the sidelines of the 39th African Union Summit, the African Continental Free Trade Area (AfCFTA) Secretariat and AGRA signed a Memorandum of Understanding, setting the stage for a deeper, more purposeful working relationship. The agreement signals a deliberate shift from paperwork to practice, placing agriculture at the heart of Africa’s continental trade ambitions. With 50 countries now having ratified the AfCFTA Agreement, the conversation is no longer about…

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Women make up nearly half of the agrifood workforce in sub-Saharan Africa, with more than three-quarters of employed women working within agrifood systems – managing farms, leading farmer organizations, building agribusinesses, and developing solutions that strengthen food security and economic resilience. Yet despite their significant contributions, structural barriers continue to limit women’s access to finance, markets, land, and productive resources. To mark the 2026 International Women’s Day (IWD), AGRA, through its VALUE4HER initiative, convened women agripreneurs, policymakers, and development partners at the Joaquim Chisanno International Centre in Maputo, Mozambique to celebrate women driving inclusive agricultural transformation across Africa, while officially…

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GEA is expanding its digital footprint in dairy farming with the official opening of a new software lab in Belfast, Northern Ireland. The new lab will create an additional 20 jobs in Research & Development (R&D), and will focus on GEA’s AI livestock solution, CattleEye and related digital products of GEA for farms. The pioneering AI solution is engineered to quickly detect and predict lameness in cows and to provide critical data to assess the body condition score. Today, the system is used in over 140 farms across the UK, Europe, the US and Australia, monitoring over 200,000 cattle across…

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Dangote Petroleum Refinery has reduced its ex-depot price for Premium Motor Spirit (PMS) by N100, with the refinery now selling at N1,075. The reduction from N1,175 marks the first downward adjustment after several increases recorded in recent days. According to the refinery’s latest pricing template released on Tuesday, as seen on Petroleumprice.ng, the gantry price of petrol has been cut by N100 to N1,075 per litre. The refinery disclosed that PMS supplied from the depot will now sell at N1,075, which is an 8.5% reduction from Monday’s price. In addition, the gantry price of Automotive Gas Oil, commonly known as…

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Volkswagen plans to cut about 50,000 jobs in Germany by 2030 as part of a broader effort to save around 15 billion euros annually amid declining profits and mounting competitive pressures. The plan was disclosed by the company’s Chief Executive Officer, Oliver Blume, in a letter to shareholders published in the automaker’s annual report. The job cuts come as Europe’s largest automaker grapples with declining profits, rising competition in China, high investment costs in electric vehicles, and the impact of tariffs imposed on non-American carmakers by the United States. Blume said the planned workforce reduction would affect operations across the…

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