Day: February 24, 2024

NLC Ajaero bemoans Nigeria’s low megawatts despite billions invested in electricity

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By Tony Adibe The President of the Nigeria Labour Congress (NLC), Comrade Joe Ajaero has bemoaned the low megawatts which Nigeria is generating, in spite of the billions of naira the federal government claimed to have invested in electricity over the years. Comrade Ajaero spoke while giving a goodwill message during the National Union of Electricity Employees (NUEE), 7th Quadrennial/ 12 Delegates Conference themed, “Workers Over Profit”, held in Enugu. Ajaero, said it was a very disturbing development that Nigeria “is still running low in megawatts”, lamenting that no nation…

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United States Of America Lands Unmanned Odysseus Spacecraft On Moon

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Photo (Gregg Newton/AFP via Getty Images) A Space X Falcon 9 Rocket carrying the Odysseus lunar lander lifts off from Kennedy Space Center in Cape Canaveral, Fla., on February 15. An unmanned, robotic lunar lander launched by a private U.S. company landed on the moon Thursday evening, February 22, 2024. “We can confirm, without a doubt, that our equipment is on the surface of the moon,” said Stephen Altemus, CEO of Intuitive Machines, the Houston-based company that operated the Odysseus spacecraft. “Welcome to the moon.” As it approached the surface…

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Activist Arrested For ‘Terrorism’ After Organizing Protest Over Economic Hardship

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By NewsBits Comrade Israel Joe, a prominent activist based in Delta State, has been arrested by soldiers during a planned protest against economic hardship. The demonstration, organized to address the rising inflation and economic challenges attributed to President Bola Tinubu’s policies, was met with a heavy security presence. Israel Joe, who had been invited by the police earlier, was reportedly taken into custody by soldiers from the Nigerian Army 3 Battalion in Effurun. Subsequently, he was handed over to the police in Ekpan Station, where sources indicate that charges of…

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Gov Umaru Bago Inaugurates 10-Man Committee On Recovery Of Grazing Lands And Reserves In Niger State

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By NewsBits The Niger State Governor, Mohammed Umaru Bago, has inaugurated a 10-man committee on the recovery of grazing lands and reserves in the State. The committee, which is chaired by the Emir of Kagara, Ahmed Attahiru Gunna II, was inaugurated by Governor, Umaru Bago,at the Government House, Minna, the state capital. According to the governor, terms of reference of the committee are to identify all State and Federal government-owned grazing reserves; and trace relevant history associated with each grazing reserve. Others are; to ascertain the establishment, record of acquisition…

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Edo Guber: Ex-NBA President, Akpata Wins Labour Party Ticket

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By NewsBits Former President of the Nigerian Bar Association (NBA) Olumide Akpata has been declared winner of Edo Labour Party (LP) Governorship primary election. Akpata scored 316 votes to win the exercise held in Benin City, the Edo State capital on Friday. The Deputy governor of Abia State, Ikechukwu Emetu, who is the returning officer for the poll made the declaration after collating the results. After his emergence, Akpata paid tribute to a former governor of Ondo State and NBA president Rotimi Akeredolu who was buried on the same day.…

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EEDC Effects STS Prepaid Meter Upgrade In S/East In February 24

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By NewsBits The Enugu Electricity Distribution Company (EEDC) has said that it will effect its technical implementation for the Standard Transfer Specification (STS) prepaid meter upgrade on February 24 within its network in the South-East. The company said that from 6a.m. to 10p.m. on the February 24, EEDC’s vending platform would be shut down for technical work for rollover in readiness for the STS prepaid meter upgrade. EEDC’s Head, Corporate Communications, Mr Emeka Ezeh, told newsmen on Friday in Enugu that as a result of this development, customers would not…

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CBN To Hike BDC Minimum Share Capital To N2billion

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The Central Bank of Nigeria (CBN) is mulling an increase in the share capital of Bureau De Change (BDC) operators to N2 billion and N500 million for Tier 1 and Tier 2 licenses. It was previously N35 million for a general license. This was contained in the draft Revised Regulatory And Supervisory Guidelines For Bureau De Change Operations In Nigeria published by the apex bank. The new guidelines contain several new changes to the guidelines for BDC operations in the country. If endorsed, the new guidelines will be effective at…

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Dignitaries Across The Country, Others Bid Late Governor Oluwarotimi Akeredolu Farewell

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Lagos State Governor, Mr. Babajide Sanwo-Olu, on Friday, joined President Bola Tinubu, represented by his Vice, Senator Kashim Shettima, Secretary to the Government of the Federation, Senator George Akume; Ondo State Governor, Lucky Aiyedatiwa and other eminent Nigerians to attend the funeral service of the immediate past Governor of Ondo State, Arakunrin Oluwarotimi Akeredolu (SAN). The funeral service held at the Cathedral Church of St. Andrew, Owo, Ondo State was also attended by the Chairman of the Nigerian Governors Forum, Abdulrahman Abdulrasaq, Governors Seyi Makinde (Oyo), Biodun Oyebanji (Ekiti), Dapo…

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