Nigeria’s potential can be unlocked through sustained infrastructure growth and development, even as the nation continues to seek the transformation of the power sector through public private partnership initiatives, Mr. Kayode Akinkugbe, Managing Director, FBN Capital has said. Speaking at the 1st FBN Capital Project and Infrastructure Finance Conference in Lagos yesterday, Akinkugbe said the current power sector privatization initiatives will go a long way towards closing the gap of substantial funding required for Nigeria Independent Power Project (NIPP) and other Green Field power plants. “Major investments in transmission lines are needed to match planned increase in Generating Companies and…
Author: tech
President Goodluck Jonathan has again received a thunderous applause from the Nigeria Football Federation for his unquantifiable support for the country’s football. Speaking in Abuja on Tuesday, NFF President Aminu Maigari eulogized President Jonathan for his special interest in the Nigeria game, and his fatherly love that has seen the Federal Government more than ever committed to adequate preparation of all the various National Teams for international competitions, followed by ample reward of excellence. “We are not surprised by our President’s decision to ensure heavy presence of Nigerian supporters in Addis Ababa for the match. This is simply another demonstration…
A democracy inclined non-governmental organization- Human Rights Writers’ Association (HURIWA) has appealed to President Good luck Jonathan not to release public fund for the purpose of sponsoring the proposed National Conference but should explore self -funding options by delegates to the talk shop. The Group also suggests that the venue of the conference should be in Port Harcourt, Southern Nigeria for half of the duration and Kaduna, Northern Nigeria for the remaining half to decongest Abuja from crowded events and allow public and civil servants in Nigeria’s political capital to continue their service delivery for the public good devoid of…
President Goodluck Jonathan pledged Tuesday in Abuja that the Federal Government will fully explore the option of creating a special intervention fund that will facilitate the rapid establishment of more centres of medical excellence across the country. Speaking at an audience with a delegation from the Nigerian Medical Association (NMA), President Jonathan described the recommendation of a special fund that will give low interest loans for the establishment of state-of-the-art medical facilities as a creative idea that will receive appropriate consideration from government. “We are committed to working with professionals and the private sector to establish better medical facilities in…
Piqued by the scandal that broke out last week over a bribery allegation against the chairman of the Nigeria Football Federation (NFF) Organizing and Disciplinary (O&D) Committee, Leye Adepoju, a member of the committee, Iyke Igbokwe has petitioned NFF’s Executive Committee led by Aminu Maigari. Igbokwe in a petition made available to our correspondent, alleged that Mr. Adepoju, who also doubles as the chairman, Oyo state Football Association collected the sum of N1.5 million from Shooting Stars FC of Ibadan to secure favourable decision against Sunshine FC of Akure. While assuring that he has exhibits to back up his claim,…
By Gracious Akujobi Nigeria Basketball Federation (NBBF) and IMG Worldwide, the global sports, fashion and media companies, alongside strategic local partners, have signed an exclusive and historic agreement to develop and grow Nigerian basketball for up to 20 years. However, details of the deal were not disclosed. The NBBF, an affiliated member of the International Basketball Federation (FIBA), is the governing body for the sport of basketball in Nigeria. NBFF President Tijjani Umar said, “Nigeria has always had the potential to be a dominant power in basketball, one of the two great global games. But we can only reap what we have sown. “Today, we begin investing in our long term success as a basketball power, with this step in partnership with IMG, a…
By: Gracious Akujobi Super Eagles standin skipper, Vincent Enyeama led by example Monday, when he was among the first player to arrive the Bolton White Apartment camp of the national team ahead of the all-important World Cup qualifier against the Whylan Antelopes of Ethiopia, next Sunday in Addis Ababa. The inform Lille of France goalminder, was joined later in the day by Holland based striker, Uche Nwofor, who was also business like as he breezed into the camp to the warm embrace of Head Coach, Stephen Okechukwu Keshi. Home based professionals were led into camp by skipper, Chgozie Agbim, Sunday Mba was…
Minister of Aviation, Stella Oduah has said that the preliminary report of the ongoing investigation into the last Thursday’s plane crash will soon be released. Fielding questions from State House correspondents on Monday, the Minister however said the full report will take a while because experts would be flown in from France to examine the engine. She said, “We are still on it. The preliminary report should be out in a couple of weeks. The experts that are coming from France and the manufacturer of the aircraft, we must have them regardless of how we want to accelerate it. “We…
The National Human Right Commission (NHRC) is looking into a petition filed against a chieftain of the defunct Congress for Progressives Change (CPC) and Kano-based businessman, Ismael Ahmed over his denial of the paternity of a child. Ahmed, now a chieftain of the All Progressives Congress (APC) is however said to have denied the accusation, describing it as false. The politician cum businessman is being accused of violating United Nations Charter on Human Rights and the Child Rights Act, 2003 of the Nigerian constitution (as amended). Anisa Danbatta had stated in her petition to the NHRC that the…
The House of Representatives has received about 2,400 petitions, mostly against government agencies over unlawful sack/dismissal, corrupt practices and injustice. Uzo Azubike, chairman, House Committee on Public Petitions, while briefing newsmen on Monday said government agencies concerned are the Nigeria National Petroleum Corporation (NNPC), the Nigeria Police, Nigerian Navy, Nigerian Immigration Service (NIS) and the Nigerians Security Civil Defence Corps (NSCDC). The lawmaker also disclosed that over 50 percent of the petitions are based on unlawful filed by police personnel against the police. “Presently, we have over 2,000 petitions that are pending, and between the time that the Committee was…