As the parlous state of power supply across the country worsened in the last few days, the Power Holding Company of Nigeria announced on Thursday that it will from Friday, (today) begin zonal power rationing. In a statement Thursday night, … read more
THE disparity between figures quoted as the amount spent by the Obasanjo administration on roads narrowed yesterday as the Central Bank governor, Professor Charles Soludo put the amount at N946.8 billion while the Accountant General of the Federation Mr. Ibrahim … read more
“Britain to return �40m stolen funds to Nigeria.” That was the screaming headline on the pages of several Nigerian newspapers recently. While it may be a lot of money, it is a far cry from the actual amount public officials … read more
Nigeria, Sierra Leone, Senegal and Botswana have said they will not recognise President Robert Mugabe as the president of Zimbabwe. The countries took the stand before the end of the African Union�s two-day summit at Sharm el-Sheik in Egypt on … read more
Lawmakers in Delta State have joined the voices of other Niger Delta people in criticising the appointment of former United Nations� envoy, Prof. Ibrahim Gambari, as the chairman of the proposed Niger Delta Summit. They faulted the appointment on the … read more
The Senate on Wednes-day passed a bill seek-ing to compel companies to set aside three and a half per cent of their earnings for social responsibilities in their areas of operation. The bill, sponsored by Senator Uche Chukwumerije, is seeking … read more
An overall trend towards economic growth in Nigeria masks the fact that millions have been forced into low-wage jobs in the once industrial north, trade experts warn. “In the last 15 years more than three million jobs have been directly … read more
Oil production at the Royal Dutch Shell’s Bonga field is yet to return to full capacity after the recent recent attack on the facility be the dreaded Movement for the Emancipation of the Niger Delta. Making the disclosure in an … read more
STRIKING teachers of public primary and secondary schools across the nation have resolved to picket their counterparts in private schools for failing to join the industrial action. The Nigeria Union of Teachers (NUT), which yesterday directed its affiliates in the … read more
As the Senate yesterday condemned arrests of persons invited to give testimonies in the National Assembly within its premises, the Economic and Financial Crimes Commission (EFCC) will tomorrow arraign the two former Ministers of Aviation arrested over the N19.5 billion … read more