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Nigeria Exceeds OPEC Quota As Oil Output Surpasses 1.5mbpd

Nigeria has finally met the quota set for it by the Organisation of the Petroleum Exporting Countries, a report by the Nigerian Upstream Petroleum Regulatory Commission has shown.In January, Nigeria made real its focus on ramping up oil production, raising average daily crude output to 1,538,697 barrels. This is about 39,000 barrels above the 1.5mbpd set for the oil-producing country by OPEC.It was gathere...

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Stop Accounts In Commercial Banks, FG Orders State MDAs

The Federal Government has directed Ministries, Departments, and Agencies operating in states to stop running accounts with commercial banks in line with the Treasury Single Account policy.This was according to a press statement by the Director of Press and Public Relations at the Office of the Accountant-General of the Federation, Bawa Mokwa.The statement noted that the Accountant-General of the Federatio...

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Assembly Urges Sanwo-Olu To Complete Abandoned Projects

Lawmakers at the Lagos State House of Assembly has called on Governor Babajide Sanwo-Olu to urgently complete all abandoned road projects in the state, including the Bola Ahmed Tinubu Road in Igbogbo Bayeku, Ikorodu, which has been abandoned since it was awarded in 2017.The lawmaker representing Ikorodu II, Aro Moshood, raised the motion at the plenary.He recalled that during the last rainy season, a viral...

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2,363 Ghost Workers Uncovered In Zamfara State

The Zamfara State Government said it had uncovered 2,363 ghost workers following the verification of civil and public servants in the state.Governor Dauda Lawal constituted a committee headed by the state Head of Service in August 2024 with the mandate to conduct the verification exercise of state workers.A statement by the governor’s spokesman, Sulaiman Idris, revealed that the verification process...

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Ribadu Slams Canada For Denying Military Chiefs Visa

National Security Adviser, Nuhu Ribadu, has slammed the Canadian government over its decision to deny visas to Nigeria’s Chief of Defence Staff, General Christopher Musa, and other top military officers.Ribadu, who spoke on Thursday at the maiden annual lecture of the National Association of the Institute for Security Studies in Abuja, described the visa snub as “disrespectful” and declared that Canada &ld...

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Dangote Invests $700m To End Sugar Importation In Nigeria

The President of Dangote Group, Aliko Dangote, has reaffirmed the conglomerate’s commitment to ending raw sugar importation in Nigeria with an investment exceeding $700 million in sugar production.Dangote, who spoke during the ‘Dangote Special Day’ at the ongoing 14th Gateway International Trade Fair in Abeokuta, Ogun State, said the group is accelerating its Sugar Backward Integration Plan to boost local ...

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‘No Arms Missing Under Egbetokun,’ Police Respond To Audit Report

The Nigeria Police Force has dismissed recent reports alleging that 3,907 firearms are missing from its armouries, stating that the claims are misleading and do not reflect the reality of the situation.In a statement issued on Thursday, the Force Public Relations Officer, ACP Olumuyiwa Adejobi, emphasised that the allegations stemmed from a 2019 audit report by the Office of the Auditor-General of the Federation and do not ...

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NDLEA Raises Alarm, Says 14m Nigerians Are Abusing Drugs

The National Drug Law Enforcement Agency, NDLEA, says no fewer than 14 million Nigerians are estimated to have been involved and addicted to the consumption of harmful drugs.The Deputy Commander, Ondo State Command, NDLEA, Yetunde Joyifous, made the disclosure at a drug abuse awareness programme, organised by Oijefon Youth for secondary schools in Ile Oluji/Oke-Igbo Local Government Area of the state.Joyif...

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NMDPRA seals Ogun Fuel Stations, Gas Plant Over Safety, Pricing Violations

The Nigerian Midstream and Downstream Petroleum Regulatory Authority sealed off two filling stations and a gas plant in Sagamu during a monitoring and surveillance exercise.The filling stations were sealed for under-dispensing and shortchanging customers, while the gas plant was shut down for being located in a densely populated residential area, violating safety regulations.Speaking during the enforcement...

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Tax reform: Reps Divided As Bills Scale Second Reading

The House of Representatives has passed for a second reading the four tax reform bills proposed by President Bola Tinubu, after a long debate on the floor of the House.The bills scaled second reading after the lawmakers reached a consensus on the contentious Value Added Tax provisions during plenary.In 2024, President Bola Tinubu transmitted four tax bills to the National Assembly for consideration and pas...

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