ABUJA, Nigeria — In a decisive move to overhaul Nigeria’s struggling energy sector, President Bola Ahmed Tinubu has signed the Electricity Act (Amendment) Bill into law. This landmark legislation officially de-monopolizes the power sector, stripping the Federal Government of its exclusive
Ondo State Governor, Mr. Lucky Aiyedatiwa, has said the state has recorded notable progress across key sectors over the past 50 years since its creation, describing its journey as one marked by resilience, growth and determination. Ondo State was created on Tuesday, February 3, 1976. Speaking at a press conference in Akure to commemorate the […]
Nigerian billionaire industrialist Aliko Dangote has called for a shift in Africa’s economic mindset, urging the continent to move away from dependence on imported refined products and embrace local industrial capacity. Speaking on the challenges of establishing large-scale refining infrastructure, Dangote Petroleum & Petrochemicals said the construction of a major
Nigeria has kicked off the financial advisory process for a large-scale fibre-optic expansion under the $2 billion Building Resilient Digital Infrastructure for Growth (BRIDGE) Project, backed by the World Bank. The initiative aims to deploy 90,000 kilometres of fibre across the country to improve broadband access, particularly in underserved areas. As part of the
