By Seun Ibiyemi Industry experts in Nigeria’s energy sector have called on the Federal Government to prioritise bold privatisation over bureaucratic committees as the only sustainable solution to the country’s chronic power challenges and broader economic stagnation. In an interview with BusinessPointer, Engineer Eleojo Joseph stressed that while the generation and distribution segments of Nigeria’s…
By Seun Ibiyemi Nigeria’s airports will begin operating a hybrid payment system at access gates from Thursday, March 13, following the suspension of the fully cashless arrangement that caused traffic congestion at several airports across the country. The new system, introduced by the Federal Airports Authority of Nigeria (FAAN), will allow motorists to pay gate…
By Seun Ibiyemi Nigeria’s decision to power the Aso Rock Presidential Villa with its own solar energy system marks a symbolic and potentially transformative moment for the nation’s beleaguered electricity sector. While the move has drawn praise for its environmental foresight, it also lays bare deep structural problems in the country’s energy supply and carries…
By Seun Ibiyemi In a bid to expand access to cheaper and cleaner fuel alternatives, President Bola Ahmed Tinubu has directed the Presidential Initiative on Compressed Natural Gas (PiCNG) to deploy about 100,000 vehicle conversion kits nationwide. The directive is aimed at promoting the use of Compressed Natural Gas (CNG) as a substitute for petrol…
Nigeria’s electricity sector remains one of the deepest scars on the nation’s development landscape, a chronic failure that blights households, cripples industries, and drains public finances. Despite successive government promises and eye‑watering budget allocations, the power grid continues to sputter, leaving citizens and businesses to pay the price for something that ought to be basic…
By Seun Ibiyemi Nigeria’s President, Bola Ahmed Tinubu, has approved a targeted fiscal incentive package aimed at unlocking the long-awaited Final Investment Decision (FID) on the Bonga Southwest Aparo (BSWA) deepwater oil project, a development expected to attract about $20 billion in foreign direct investment into the country. The approval marks a significant milestone in…
…sets up review committee By Seun Ibiyemi The Federal Government has announced the suspension of the compulsory $300 helicopter landing fee imposed on oil companies operating in Nigeria’s petroleum sector. The Minister of Aviation and Aerospace Development, Festus Keyamo, disclosed this during a meeting with the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri,…
By Adeyemi David President Bola Ahmed Tinubu on Monday night assured Nigerians that the country would never allow agents of instability to undermine its peace, unity and sovereignty, declaring that terrorists threatening national security would ultimately be defeated. The President gave the assurance while hosting religious and traditional leaders for an interfaith breaking of fast…
By Seun Ibiyemi The Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, has said the resolution of the long-running dispute over OPL 245 will strengthen Nigeria’s economy and enhance the federal government’s fiscal capacity. Fagbemi made the remarks in Abuja following the signing of a legal agreement that formally brought the prolonged dispute…
By Dakuku Peterside Political violence never truly arrives unannounced. Before it explodes, it rehearses itself in smaller scenes: a rally disrupted, a convoy attacked, a party office torched at dawn, a polling agent killed for refusing to surrender a vote. Nigeria is hearing those rehearsals again. In recent days, gunmen invaded an ADC event in…
