Author: NPO Admin I

•By Halimah Olamide The Tony Elumelu Foundation (TEF), is set to announce the beneficiaries of its flagship entrepreneurship programme. This was made available to NPO Reports on Thursday, stating that 1200 African entrepreneurs across 54 African countries. It also revealed that the announcement will be made on the 22nd of March, 2024. The new beneficiaries will become the 10th cohort of the 10-year-long TEF Entrepreneurship Programme. The beneficiaries have received world-class business training, mentorship, coaching, and funding, in addition to lifelong access to the TEF Alumni Network. “The Tony Elumelu Foundation has consistently demonstrated its belief in the potential of…

Agency Report The National Bureau of Statistics (NBS), says the average retail price of a litre of kerosene increased from N1,329 recorded in January 2024 to N1,340 in February 2024. The bureau said this in its Petrol Price Watch for February 2024, released in Abuja on Thursday. It said the February price of N1, 340 represented a 0.86 per cent decrease compared to what was obtained in January. The bureau said the average price per litre of kerosene increased on a year-on-year basis by 14.23 per cent from N1, 173 recorded in February 2023 to N1, 340 in February…

By Halimah Olamide Cases of kidnapping in the Northern part of Nigeria has become a source of concern to senators from the region. Calling on the Federal Government to act decisively, The Northern Senators’ Forum, on Thursday said Government must be resolute to tackle the menace. Chairman of the Forum, Sen. Abdulaziz Yar’adua made the call in a statement, in Abuja on Thursday. He said that the recent wave of violence and kidnappings in the north was a major concern to the forum. “The series of events that have unfolded in Kaduna State, beginning with the kidnapping of 286 students…

Agency Report A former Commandant of the Lagos State Command of the Nigeria Security and Civil Defence Corps (NSCDC), Mr. Paul Ayeni, has highlighted how insecurity in the country can be halted. He stated the need for effective intelligence gathering in tackling insecurity across the nation. Ayeni made the call while speaking with the News Agency of Nigeria (NAN) in Abeokuta. According to him, many criminal activities are nurtured and perfected in public places like markets, club houses, beer palours and other relaxation centres. He, therefore, called on security agencies to ensure that undercovers were deployed in such places…

By Kamil Opeyemi President Bola Tinubu has asked the National Assembly to exercise restraint in the manner and frequency with which they summon ministers and heads of gvernment agencies. Tinubu said though no one can stop the lawmakers from performing their oversight functions, he cautioned making frivolous summons that could hamper the delivery and performance of such officers. The president said by allowing people to their works, there would be efficiency and effective service delivery as well as promote good governance and accountability. He stated these at the breaking of Ramadan fast with the Speaker of the House of…

By Halimah Olamide President Bola Tinubu believes that media organisations in Nigeria are celebrating and massaging the egos of terrorists. This was disclosed by the Information and National Orientation Minister, Mohammed Idris in Kano on Wednesday. Idris, at an interractive session with media executives, said Tinubu is indeed disturbed that by amplifying the activities of bandits, they get more emboldened in the activities. He said the Federal Government will soon fish out and prosecute kidnappers of school children. He said President Tinubu had directed all security agencies to expedite action toward ensuring that school children recently abducted in Kaduna were…

By Navin Singh Khadka, Environment correspondent, BBC World Service India is taking another step in its quest to find valuable minerals hidden in the depths of the ocean which could hold the key to a cleaner future. The country, which already has two deep-sea exploration licences in the Indian Ocean, has applied for two more amid increasing competition between major global powers to secure critical minerals. Countries including China, Russia and India are vying to reach the huge deposits of mineral resources – cobalt, nickel, copper, manganese – that lie thousands of metres below the surface of oceans. These are…

By Kamil Opeyemi Former Governor of Ekiti, Ayo Fayose, has responded to legal luminary, Afe Babalola who condemned his administration for poor performance. Fayose said he doesn’t want to believe that Babalola made the comments preferring to assume that he was misquoted. Babalola who had rated only incumbent Biodun Oyebanji as the Governor working well for the state since 1999, spoke at the opening of a hospital in his private university, Afe Babalola University Ado Ekiti. On Wednesday, former Governor, Kayode Fayemi, had responded to Babalola saying enough is enough. Fayemi said the time has come fr him to put…

By Halimah Olamide Amidst concerns over the economy, insecurity, Nigeria’s Minister of Information and National Orientation, Mohammed Idris, has asked Nigerians to believed in the capacity of President Bola Tinubu’s administration to make the expected impacts. Idris urged Nigerians to be patient with the government adding that the administration was working hard to surmount the challenges. He added that Tinubu is making efforts to address the nation’s challenges. He spoke on Wednesday in Kano during an “Iftar” (Breaking of Fast) with media executives and practitioners organised by his ministry. Idris said the administration had introduced policies and programmes that would…

Agency Report The Central Bank of Nigeria (CBN) says all valid foreign exchange backlogs have now been settled. This is according to a statement by CBN’s Acting Director, Corporate Communications, Mrs Hakama Sidi. Sidi said that the step was in fulfilment of a key pledge of the CBN Governor, Yemi Cardoso, to process an inherited backlog of seven billion dollars in claims. She said that the CBN recently concluded the payment of 1.5 billion to settle obligations to bank customers, effectively settling the residual balance of the fx backlog. She also said that independent auditors from Deloitte Consulting meticulously assessed…