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Lagos State Governor, Mr. Babajide Sanwo-Olu, is set to commission the Lagos Rail Mass Transit (LRMT) Red Line Overpass Bridge at Yaba today, marking a stride in improving the state’s traffic management. The announcement was made through an official press release from the Lagos Metropolitan Area Transport Authority (LAMATA). This new bridge, shaped like a ‘T,’ will play a vital role in enhancing traffic flow within the Yaba-Ojuelegba Axis and connecting various parts of Lagos State. It is expected to bring relief to commuters by facilitating smoother and safer travel. Prior to the construction of the Yaba Overpass Bridge, traffic…
Organizers of the annual ‘Warri Again Concert’ have filed a N2.3 billion lawsuit against Nigerian-American superstar singer, Davido, and his music label, Davido Music Worldwide Limited, over an alleged breach of contract. The suit, brought before the High Court of Delta State in Effurun, seeks compensation for damages and costs associated with the dispute. In the suit with reference number EHC/183/2023, filed by Brownhill Investments Company Limited, Davido is being asked to pay N2 billion as general damages and N150 million as legal and professional fees, along with an additional N30 million as the cost of filing the suit. The…
During the 10th-anniversary celebration of the Nigerian Electricity Supply Industry (NESI) markets participants and stakeholder roundtable in Abuja, President Bola Tinubu disclosed that preliminary analysis has revealed a significant undercapitalization problem in the 11 Electricity Distribution Companies (DisCos), amounting to approximately N2 trillion. Represented by the Special Adviser on Energy and Power Infrastructure from the Office of the Vice President, Mr. Sodiq Wanka, President Tinubu emphasized the necessity of recapitalizing the DisCos to attract new partners and capital. He noted that these actions are crucial to jumpstart performance in distribution, which plays a pivotal role in the entire power sector…
President Bola Ahmed Tinubu, speaking at the Nigerian Electricity Supply Industry (NESI) Roundtable in Abuja on Monday, October 30, expressed concerns over the state of Nigeria’s power sector. He noted that the national grid currently serves only 15% of the country’s power demand, leaving over 90 million Nigerians without access to electricity. Represented by Sodiq Wanka, the Special Adviser for Energy and Infrastructure from the Office of the Vice President, President Tinubu discussed the underwhelming outcomes of the power sector privatization that took place over a decade ago. He pointed out that the sector has fallen short of its objectives…
Nigeria is strategically deploying capital to accelerate the transition to a gas-based economy in a concerted effort to bolster its midstream gas infrastructure. Mrs. Olu Verheijen, the Special Adviser to President Tinubu on Energy, made this announcement during the OTL Downstream Week held in Lagos. Speaking at the event, Mrs. Verheijen emphasized the government’s commitment to addressing the critical gas infrastructure gaps in the country. She noted, “We are making concerted efforts to streamline a lot of the approval processes and regulatory processes. We have been working very closely with the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to…
In a bid to seek answers and justice for the tragic death of Ms. Greatness Olorunfemi, a victim of a “one chance” bus incident in Abuja, the Nigerian Senate has taken decisive action by summoning key officials to account for the devastating incident. The Senate’s move came after Senator Asuquo Ekpenyon sponsored a motion during the plenary session in Abuja, drawing attention to the heart-wrenching case. Ms. Greatness Olorunfemi met a gruesome end, and her death has raised critical questions about the response of authorities and healthcare providers. Among those summoned to appear before the Senate is the Inspector-General of…
In a united effort to strengthen the fight against corruption and address the issue of unexplained wealth in Nigeria, the Economic and Financial Crimes Commission (EFCC), the National Judicial Institute (NJI), and key anti-graft stakeholders have issued a resounding call for robust, internationally-accepted legislation. This call to action emerged from the 5th EFCC-NJI Capacity Building Workshop for Justices and Judges, held at the NJI in Jabi, Abuja. The workshop concluded with a Communique that stressed the “urgent need to enact legislation to address the issue of possession of unexplained wealth or assets.” It highlighted the disparity between Nigeria and other…
Former Senior Special Assistant to ex-President Muhammadu Buhari, Garba Shehu, has addressed recent reports suggesting that the former Nigerian president regretted certain decisions made during his time in office. Shehu, in an interview with BBC Hausa, dispelled these claims, expressing concern about the misinterpretation of his colleague Femi Adesina’s remarks. Adesina, another former media aide to Buhari, was quoted in the news as saying that the former President had regrets about some of his decisions made over his eight-year tenure. Shehu, however, emphasized that Adesina’s words had been taken out of context or misinterpreted. He stated, “The newspaper that carried…
In a bold and unyielding response to the recent uproar following the removal of the Managing Director of the Abuja Urban Mass Transport Company (AUMTCO), Najeeb Abdulsalam, Nyesom Wike, the Minister of the Federal Capital Territory (FCT), remains resolute in his commitment to do what he believes is right for the people. Abdulsalam found himself among the 21 heads of parastatals, agencies, and companies of the FCT Administration who faced termination from their positions at the hands of Minister Wike on Wednesday. This decision, although met with tears and heartfelt emotions from AUMTCO staff in a viral video, appears unwavering…
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