Verheijen – Rollout of smart meters starting 2025 will end estimated billing for 7 million households It has become necessary to clarify media reports suggesting an imminent 65 percent increase in electricity tariffs. This is a misrepresentation of what I actually said in a recent press interview. I highlighted the fact that, following the increase in Band A tariffs in 2024, current tariffs now cover approximately 65 percent of the actual cost of supplying electricity, with the Federal government continuing to subsidize the difference. Also, while the government is indeed committed to ensuring fairer pricing over the long term, the…
Author: Lilian Azuh
The Chinese suspects The Lagos Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on Monday, February 3, 2025, arraigned 29 Chinese, 10 Filipinos, one Malaysian, one Indonesian and one Pakistani before separate Federal High Courts sitting in Ikoyi, Lagos. They were arraigned alongside a company, Genting International Co. Ltd., before Justices Ayokunle Faji ; D.I. Dipeolu; Alexander Owoeye and C.J. Aneke, respectively. The suspects are members of the syndicate of 792 alleged cryptocurrency investment and romance fraud suspects arrested on December 19, 2024, in Lagos during a surprise operation tagged “Eagle Flush Operation” by operatives of the EFCC. They were…
Tems Former Labour Party presidential candidate Peter Obi has congratulated singer Tems on her win at the just concluded 67th Grammy Awards. Tems won the award for Best African Music Performance for her song “Love Me Jeje,” marking her second Grammy win. Obi praised Tems’ achievement, highlighting her as a shining example of the creativity and brilliance of Nigerian youth. He also commended the Nigerian entertainment industry and other artists who received Grammy nominations, emphasising the country’s rich talent pool. Tems’ victory was a significant milestone, as she emerged victorious in a highly competitive category featuring other notable Nigerian artists. Obi…
Sir Paul Chukwuma, leading APC governorship aspirant in Anambra The All Progressives Congress (APC) has released its timetable of activities from the sale of nomination forms for the Anambra governorship election up till the period of the poll. In a notice on Monday, Sulaiman Argungu, APC national organising secretary, said the party fixed its expression of interest and nomination form at N50 million. Argungu said the party would commence the sale of nomination forms on February 10, and February 26 is the deadline for hopefuls to submit the forms with other accompanying documents.The organising secretary said March 7 and 8…
Egbetokun The Muslim Rights Concern (MURIC) has warned against tenure extension for Inspector General of Police (IGP) Kayode Egbetokun. Prof. Ishaq Akintola, the Executive Director of MURIC, in a statement on Monday, said the extension could erode efficiency, breed division, and diminish public confidence in the police force.According to him, the amendment to the Police Act that paved the way for Egbetokun’s tenure extension is a cause for concern.The amended Section 18(8) of the Act allows the I-G to remain in office until the end of the term stipulated in the letter of appointment, rather than retiring at the age…
With their pioneering exploration and production activities, the International Oil Companies, IoCs, were well-entrenched, determining the pace in Nigeria’s petroleum industry. Foreign oil services companies also dominated the scene, executing juicy contracts to the detriment of indigenous companies, despite the existence of experts and companies with required skill sets. Consequently, some observers did not even expect the Nigerian Oil and Gas Industry Content Development Act, NOGICD Act of 2010, which stated that “All regulatory authorities, operators, contractors, subcontractors, alliance partners and other entities involved in any project, operation, activity or transaction in the Nigerian oil and gas industry shall consider…
In a remarkable turn of events, the Edo Broadcasting Service (EBS) has made significant strides in reviving its operations, particularly with the much-anticipated reactivation of its Ihievbe station in Edo North. This station, which has languished in neglect for over a decade, is set to breathe new life into the community it serves. For years, the EBS faced challenges that hampered its core mandate of informing, educating, and entertaining the residents of Edo State. The situation was exacerbated by the leasing out of the relay station in Edo Central, located in Uromi, by the previous administration, which rendered it impossible…
LAWMA Intensifies Enforcement, Waste Clean-up Across Lagos … Agency Urges Residents to Stop Patronising Cart Pushers The Lagos Waste Management Authority (LAWMA) has intensified its enforcement and clean-up operations across the state to curb indiscriminate waste disposal and maintain environmental sustainability. The agency’s Managing Director and Chief Executive Officer, Dr. Muyiwa Gbadegesin, emphasised LAWMA’s unwavering commitment to keeping Lagos clean, noting that the monitoring and enforcement team had been mobilised to ensure compliance with waste management laws of the state. He said, “LAWMA remains resolute in stamping out illegal waste disposal and environmental violations. Our Environmental Monitoring and Enforcement Anti-Cart…
In preparation for its 80th anniversary, Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has unveiled the identity for its 80th anniversary celebration. Set for Friday, May 2nd, 2025, this grand anniversary would serve as the hallmark of Wema Bank’s 80-year journey of unmatched resilience, profound impact and notable transformation from being Nigeria’s oldest indigenous bank to becoming Nigeria’s foremost and leading innovative bank. Wema Bank’s impressive 80-year legacy has been one exemplified by immense growth, with the Bank evolving intelligently through the decades, embracing innovation to break new grounds and raising the…
(VOL 3, NO 44) VIBRANT BLUE OUTFITS Let your energetic and lively mood shine brighter in vibrant blue outfits. You can never go wrong when you slay blue fashion idea, looking stunning and stylish. Add a fashionable shoulder bag, to your walking steps as you stand silhouetted in this beautifully designed dress.