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Showing posts from April, 2024

Lagos-Calabar Coastal Highway to cost N15trillion: To be completed in 8 years

  Minister of Works, Dave Umahi has revealed that the Lagos-Calabar coastal road construction will take eight years to complete and cost N4bn per kilometre.  The minister made the revelation on Channels Television on Thursday morning.  Umahi, who said the cost is a tentative one, added that there are plans to recoup the money via tolling.  His response is coming days after he said he would make the cost of the project public, following requests by Nigerians.  You will recall that Atiku Abubarka of Peoples' Democratic Party, PDP's said recently that he did not understand the figures put towards the project. Hope Umahi's explanation answers these questions.

Tariff Hike: NERC fines AEDC N200m for overcharging customers

  Barely 48 hours after it increased electricity tariff for customers in Band A, the Nigerian Electricity Regulatory Commission, NERC, has imposed a N200 million fine on the Abuja Electricity Distribution Company, AEDC, for increasing tariff for customers that are not on Band A. Band A customers are those who receive a minimum of 20 hours of power supply per day. Customers outside this category have complained that their rates have been increased by AEDC without the 20-hour supply in contravention of NERC’s order. In a statement on Friday, the Commission said AEDC has been fined ₦200,000,000 for failure to comply with the prescribed customer band classifications for tariff billing. “This decision follows a detailed review and customer feedback, which revealed that AEDC had applied the new tariff to all customer bands, contrary to the order, which was designed to ensure fair billing practices. “AEDC is therefore mandated to: a. reimburse all customers in Bands B, C, D, and E, respec...

Burna Boy drops remixes, visuals for “Tested, Approved & Trusted’

  Burna Boy is turning up the heat with not one, but two explosive remixes accompanied by it’s music video for his smash hit “Tested, Approved & Trusted.” of his latest studio album. In the first remix, Burna Boy joins forces with the dynamic duo, Major League DJZ. Hold on tight as they inject the track with their signature amapiano sound, creating a dance floor anthem guaranteed to set pulses racing. But the party doesn’t stop there! The “Tested, Approved & Trusted” remix featuring Prince Swanny takes things in a whole new direction. Prince Swanny infuses the single with his electrifying energy, crafting a vibe that’s perfect for late-night adventures and whispered sweet nothings.

EFCC to Arraign Bobrisky over alleged money laundering and naira Abuse

 The Economic and Financial Crimes Commission (EFCC) will on Friday, April 5, arraign popular cross-dresser, Idris Okuneye aka Bobrisky, at the Federal High Court, Lagos over alleged abuse of the naira and failure to declare his firm’s activities involving the sum of N180.7million. The anti-graft agency filed the charge against the social media celebrity on Thursday, through its legal team headed by Senior Advocate of Nigeria (SAN), Rotimi Oyedepo. In the charge marked FHC/L/244c/2024, the EFCC listed six counts against the defendant. In the first four counts, the defendant was accused of naira abuse. While the 5th and 6th counts accused him of offences connected with his company, Bob Express. The six counts read in part: “That you, Okuneye Idris Olanrewaju, on the 24th day of March, 2024, at Imax Circle Mall, Jakande, Lekki, whilst dancing during a social event tampered with the total sum of N400,000 notes by spraying same. “That you, OKUNEYE IDRIS OLANREWAJU, between July and Aug...

Nathaniel Bassey Petitions IGP Over Allegations of Being Father of Mercy Chinwo's Son

  Gospel minister, Nathaniel Bassey, has petitioned the Inspector General of Police, Kayode Egbetokun, to investigate and prosecute four persons whom he accused of criminal defamation and cyberstalking. The singer submitted the petition to the IP on April 1, 2024, through his lawyers, Peter Abraham, Uche Matthew, Gbenga Agunloye, and Anthony Abia. Last week, four social media users alleged that Bassey fathered the son of a fellow popular gospel singer,  Mercy Chinwo, an allegation that went viral on X. His lawyers, therefore, urged the police authorities to urgently treat the petition against the four social media users, identified in the petition as Okoronkwo Ejike, Kingsley Ibeh, Terrence Ekot and Dj Spoiltkid. The petition reads: “Our client is a gospel music minister whose songs and ministrations have impacted the lives of so many from different walks of life across the globe. “On Friday, the 29th day of March 2024, Mercy Chinwo Blessed another popular gospel music ministe...

"VP Residence Project was approved in 2010 at N7biilion" - Wike

The minister of the Federal Capital Territory of Nigeria, Nyesome Wike has said during a Press Parley that the housing project for the vice president had been awarded since 2010 to Julius Berger at N7billion. The FCT minister further explained that this project was one among many others that have been abandoned. He said "For me, whether it is the vice president or not, the fact that it is a public project, why do you have to abandon it? In fact, the leadership of the national assembly, also by Julius Berger, abandoned. And when I looked at the cost I said we can't take on all these together." In regards to the house for the vice president, the minister believes that this is one of the projects which the President can commission for his one year in office. He said "This was one of the projects that i felt that the president will be able to commission. And Julius Berger said, if you pay us the money, i can assure you, we will deliver." Recall that the government i...

FG raises electricity tariff despite economic hardship

The Federal Government via the Nigerian Electricity Regulatory Commission (NERC) has approved an increase of 300 per cent electricity tariff for Band A consumers in the country. The Vice Chairman of NERC, Musiliu Oseni, made this known in a press conference in Abuja on Wednesday. Power distribution companies (DisCos) will be allowed to raise electricity prices to N225 per kilowatt-hour from N68 for urban consumers this month effectively from April 1, 2024, as reported by Leadership Newspaper. Oseni however disclosed that the rate increase will only affect 15 per cent of the electricity customers in the country, that is,  Band A. He said, “We currently have 800 feeders that are categorised as Band A, but it will now be reduced to under 500. This means that 17 per cent now qualify as Band A feeders. These feeders only service 15 per cent of total electricity customers connected to the feeders. “The commission has issued an order which is titled ‘April Supplementary Order’ and the com...

Segun Odegbami Looses Son, Gbemisola

Former International footballer, Segun Odegbami's son, Oluwagbeminiyi, passed on Good Friday, March 29, 2024 after a brief illness. Odegbami who was with the deceased a day before he passed disclosed that they were working on a documentary project together before the tragedy struck. He described Gbeminiyi as a "highly gifted and multi-talented young man". Announcing the passing of his son, Odegbami wrote "Four hours after our exchange, I received the first of endless phone calls that eventful day, last Thursday: Gbemi is not feeling well; Gbemi is being taken to a hospital; the hospital has referred Gbemi to another hospital." He added " The hospital works on him for hours. Twelve hours after our first communication, and exactly five minutes past midnight, at the birth of Good Friday (a significant day in Christendom), the doctors call me for the umpteenth time that day to break my heart with the news that haunts me till now – Gbemi has passed on!". Od...