The Commerce Africa African Reneissance
Elon Musk has sold nearly $7 billion worth of Tesla shares, according to legal filings published on Tuesday, amid a high-stakes legal battle with Twitter over a $44 billion buyout deal. The Tesla boss sold some 7.9 million shares between August 5 and 9, according to filings published on the …
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August, 2022
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10 August
Fayemi approves dissolution of boards, drops advisers, others
Ekiti State Governor, Dr Kayode Fayemi, has approved the dissolution of boards and commissions in the state with effect from August 31. This, however, does not include statutory commissions spelt out in Section 197 of the Constitution of the Federal Republic of Nigeria, 1999 as amended. Fayemi also approved the …
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10 August
160 million Nigerians at risk of yellow fever—WHO
The World Health Organisation has said that 160 million Nigerians are at risk of yellow fever.The WHO said with Nigeria’s population of about 200 million, the figure makes up around 25 percent of all the people at risk in Africa. Yellow fever is an acute viral haemorrhagic disease transmitted by …
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10 August
Diesel hike: NRC reduces Lagos-Ibadan trips by 67%
The hike in diesel price has forced the Nigeria Railway Corporation to reduce the number of trips on the Lagos-Ibadan Train Service by about 66.67 per cent, it was gathered on Tuesday. It was also learnt that the corporation had sent recommendations to the Federal Ministry of Transportation for an …
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9 August
Ozekhome, others seek elections for vacant Senate seats
Stakeholders in the nation’s electoral process have faulted the decision of the Independent National Electoral Commission not to conduct bye-elections into three Senate seats which became vacant about four months ago following the resignation of the occupants. The Commission had yet to conduct by-elections into the Senate seats in Nasarawa, …
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9 August
Badagry Seaport project to create 250,000 jobs – Promoters
The Badagry Port Development Ltd (BPDL), promoters of the newly approved Badagry Deep Seaport project, says the project under a Private-Public Partnership will create 250,000 jobs. Mr Oludele James Clinton, the Project Manager, BPDL, disclosed this in a statement on Tuesday in Lagos. Clinton described the project as a strategic …
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9 August
Wike bemoans lack of effective leadership in Nigeria
Governor Wike said such effective leadership, when identified, should place service above self and work to secure enduring development for the people and the country. Governor Wike made the observation at the inauguration of the dualised Ogbunuabali-Eastern Bypass Road that was performed by the former governor of Sokoto State, Senator …
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9 August
FG threatened Ekiti, Ondo over road project – Fayemi
The Governor of Ekiti State, Kayode Fayemi, has stated that the Federal Government threatened the state and Ondo State over the Akure-Ado Ekiti road project. Fayemi was reacting to the visit of the Minister of State for Transportation, Prince Ademola Adegoroye, to the Minister for Works and Housing, Mr. Babatunde …
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9 August
No case of kidnapping on Lagos-Ibadan Expressway – Police
The Divisional Police Officer of Warewa Command in Ogun State, Abdulfathi Ogunsanya, has refuted claims that some persons were kidnapped along the Kara axis on Lagos-Ibadan Expressway. A Facebook user, Obaleye Gbenga, on Tuesday claimed that a family in his church was saved from kidnappers. He wrote, “Please be careful …
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9 August
Start Akure-Ado Ekiti road project, minister urges Fashola
The Minister of State for Transportation, Prince Ademola Adegoroye, has urged the Minister for Works and Housing, Mr. Babatunde Fashola, to expedite action on the commencement of the Akure-Ado Ekiti Expressway dualization project. The project for the dualisation of the road was awarded by the Federal Government to Dantata and …
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