Electricity crisis: S’East lost N28b in 3 months –SEECA
The South East Electricity Consumers Association (SEECA) says businesses in the South East lost over N28 billion in three months due to poor power supply. Its coordinator, Sebastine Okafor, made the claim in Enugu while urging governors to invest more in electricity generation. He described stable power as the quickest route to industrial growth in […]
Nigerian govt, German chamber of commerce deepens economic cooperation
The Federal Government of Nigeria has announced a deeper economic partnership with the German Chamber of Commerce, aimed at boosting trade, investment, and industrial growth. The agreement is expected to improve business cooperation between both countries and attract more German companies into Nigeria’s key sectors such as manufacturing, technology, renewable energy, and infrastructure. Government officials […]
Ajaokuta Steel Will Bounce Back Soon – Rep
A member of the House of Representatives has assured Nigerians that the long-abandoned Ajaokuta Steel Company will soon return to full operations. He explained that the federal government is already making moves to revive the project, which has the potential to create jobs, boost industrialization, and reduce Nigeria’s dependence on imported steel. The lawmaker noted […]
National Grid collapse: Peter Obi reminds President Tinubu of his promise to not seek a second term if he fails to solve power issues in his first term
As the 2027 elections get closer, former presidential candidate Peter Obi has reminded President Tinubu of his campaign promise that he would not run for a second term if he fails to solve Nigeria’s electricity problems in his first term. Obi made this reminder on his X account on September 10, after Nigeria experienced yet […]
Imo, A State on the Rise: Hope Uzodimma’s Vision for Growth and Investment
Imo State is stepping into a new era of development and opportunity. Under Governor Hope Uzodimma, the state is becoming a center for innovation, industry, and skill-building, making it one of the most attractive places for investors in Nigeria. The government has worked hard to improve security across communities while preparing the state for industrial […]
Nigeria will become steel powerhouse by 2030 – Tinubu
President Bola Tinubu has announced that Nigeria aims to become a major steel producer by 2030, with a goal of producing 10 million tonnes of liquid steel each year. Speaking in Abuja on August 13 at the first steel sector stakeholders’ summit, Tinubu, through Vice-President Kashim Shettima, emphasized that his government is determined to make […]
Nigerian Govt’s efforts have stopped closure of industries – Minister
Nigeria’s Minister of State for Industry, John Enoh, has said that the efforts of the federal government have helped prevent many industries from shutting down or moving to other countries. He spoke about this on Thursday during the celebration of President Bola Tinubu’s second year in office. According to Enoh, the government has focused on […]
Dangote Refinery Extends Export To Three African Countries
The Dangote Refinery has recently expanded its reach by exporting Premium Motor Spirit (petrol) to several African countries, including Cameroon, Angola, Ghana, and South Africa. This marks a significant achievement for the refinery, which is part of the larger Dangote Industries, founded by Nigerian billionaire Aliko Dangote. Devakumar Edwin, the Vice President of Oil and […]
Steady Power Supply in Nigeria Won’t Come Quickly, President Tinubu Says
President Bola Ahmed Tinubu has asked Nigerians to be patient as the government works on resolving the country’s electricity problems. During the visit of German President Frank-Walter Steinmeier, Tinubu explained that fixing the electricity sector won’t be a quick process because the power infrastructure is old and needs serious upgrades. The President highlighted that Nigeria’s […]
Dangote Reveals He Rents House in Abuja and Sells London Property to Focus on Nigeria’s Industrial Growth
Aliko Dangote, Africa’s wealthiest man, has revealed that the house he stays in whenever he visits Abuja, Nigeria’s capital, is a rental property. He clarified that this house is not his personal property. Speaking at a media event held at the Dangote Petroleum Refinery in Ibeju-Lekki, Lagos State, on Sunday, July 14, Dangote explained that […]