President Bola Tinubu and German Chancellor Olaf Scholz on Friday evening in Dubai, United Arab Emirates, witnessed the signing of an accelerated performance agreement aimed at expediting the implementation of the Presidential Power Initiative (PPI) to improve electricity supply in Nigeria. The agreement, consummated on the sidelines of the COP28 world climate action summit, was signed by the Managing Director/CEO …

The Federal Government has applauded Monday’s judgement of the Commercial Courts of England and Wales, United Kingdom, which awarded a landmark victory to Nigeria over Process & Industrial Development (P&ID) Limited. Justice Robin Knowles ruled in favour of Nigeria in the enforcement of a $11 billion P&ID Limited arbitration award. With the judgement handed down physically in the open court, …

Motorists and communities along the Lagos-Abeokuta road may soon heave a sigh of relief as the Federal Government has finally conceded the reconstruction of the road to the Ogun State Government, Governor Dapo Abiodun enthusiastically announced the development on his X’s page on Monday evening. He wrote: “Approximately a month ago, the Minister of Works, Engineer David Umahi, paid us …

The Supreme Court has fixed 15th December to deliver judgement on the appeal seeking to compel the Federal Government to release the leader of the proscribed Indigenous People of Biafra (IPoB), Mazi Nnamdi Kanu, from detention. In its ruling on 13th October 2022, the Court of Appeal in Abuja ordered Kanu’s release. In a unanimous decision by a three-member panel, …

Labour may shelve the nationwide strike slated for Wednesday – less than 48 hours away – going by the outcome of the meeting it has with the Federal Government this evening at the Presidential Villa, Abuja. Last week, the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) resolved to ground activities nationwide from 3rd October, following what they …

Less than 48 hours to the planned national strike by organised labour, the Federal Government has invited labour leaders for a further discussion holding at the State House in Abuja. Last week, the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) resolved to ground activities nationwide from 3rd October, following what they described as the “failure” of government …

The Federal Ministry of Labour and Employment on Tuesday said that President Bola Tinubu would unveil the palliative package for workers in the presidential speech to commemorate Nigeria’s Independence Day broadcast on Sunday, 1st October. This is part of the measures to prevent the nationwide strike action, which organised labour  announced would commence two days after – 3rd October. The …

Representatives of organised labour on Friday walked out of a meeting with the Federal Government’s team on palliatives. The meeting was a continuation of their deliberations on palliatives to cushion the effect of subsidy removal in the country. The labour team, which was led by the President of the Nigeria Labour Congress (NLC), Comrade Joe Ajaero, did not speak with …

The long wait for the re-opening of Eko Bridge in Lagos State has ended. The flyover is now open for vehicular traffic, 15 months after it was closed by the Federal Government for a major repair. The bridge was severely damaged at Apogbon section during a fire caused by illegal trading under it. The intensity of the inferno was said …

The Federal Government and organised labour could not reach a consensus in their discussion last night on the hike of petrol pump price, which became effective yesterday. According to the new price template release by the NNPC Limited, Premium Motor Spirit (better known as petrol) will now sell for between N488 and N557, depending on the location. The old rate was …